How to Stake Axie Infinity (AXS): A Comprehensive Guide for Australians

Introduction

Staking Axie Infinity can be a great option for those who want to hold AXS while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. Obtain Axie Infinity (AXS) Tokens
To stake Axie Infinity, you need to own it. To obtain Axie Infinity, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Nexo Axie Infinity (AXS) 0.83
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
See all 71 prices
2. Choose a Axie Infinity Wallet
Once you have AXS, you'll need to choose a Axie Infinity wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Binance Axie Infinity (AXS) Up to 11.6% % p.a.
View all 9 staking rewards
3. Delegate Your AXS
We recommend using a staking pool when staking AXS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AXS, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Axie Infinity network. You'll be rewarded with AXS for these validations.

Platform	Coin	Cost
Nexo	Axie Infinity (AXS)	0.83
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

Platform	Coin	Staking returns
Binance	Axie Infinity (AXS)	Up to 11.6% % p.a.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.