How to Stake Axie Infinity (AXS): A Step-by-Step Guide for UAE Investors

Introduction

Staking Axie Infinity can be an excellent choice for individuals in the UAE looking to hold AXS while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for UAE Residents

1. Acquire Axie Infinity (AXS) Tokens

To stake Axie Infinity, you first need to acquire it. To obtain Axie Infinity, you will need to purchase it from one of the popular exchanges available in the UAE.

Platform	Cryptocurrency	Price
Nexo	Axie Infinity (AXS)	1.03
PrimeXBT	Axie Infinity (AXS)	0.83
YouHodler	Axie Infinity (AXS)	0.83
Binance	Axie Infinity (AXS)	0.83
BTSE	Axie Infinity (AXS)	0.83
Coinbase	Axie Infinity (AXS)	0.83

View all 71 prices

2. Select a Axie Infinity Wallet
Once you have AXS, you'll need to select a Axie Infinity wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Platform Cryptocurrency Staking rewards in the UAE
Binance Axie Infinity (AXS) Up to 11.6% APY
Explore all 9 staking rewards available in the UAE market.
3. Delegate Your AXS in the UAE
We recommend utilizing a staking pool when staking AXS. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their AXS, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Axie Infinity network. For these validations, you will be rewarded with AXS.

Platform	Cryptocurrency	Staking rewards in the UAE
Binance	Axie Infinity (AXS)	Up to 11.6% APY

What to Consider in the UAE Market

In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.