Earn up to
30% p.a.
A comprehensive guide on how to lend Axie Infinity (AXS)
We have a wealth of data on lending Axie Infinity (AXS) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Axie Infinity (AXS) is currently priced at USD 30 with a 24-hour trading volume of USD 70.45M. The market cap of Axie Infinity stands at USD 970.21M, with 157.5M AXS in circulation. For those looking to buy or trade Axie Infinity, Nexo offers avenues to do so securely and efficiently
Lending Axie Infinity can be a great option for those who want to hold AXS while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
To lend Axie Infinity, you need to possess it. To acquire Axie Infinity, you'll need to buy it. You can select from these popular exchanges.
Once you have AXS, you'll need to choose a Axie Infinity lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | Axie Infinity (AXS) | Up to 30% p.a. |
| YouHodler | Axie Infinity (AXS) | Up to 12% p.a. |
| Bitget | Axie Infinity (AXS) | Up to 21% p.a. |
| Gemini | Axie Infinity (AXS) | Up to 0.01% p.a. |
Once you've chosen a platform to lend your Axie Infinity, transfer your Axie Infinity into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
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