Where and How to Lend Avalanche (AVAX)

Introduction

Lending Avalanche can be a great option for those who want to hold AVAX but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get Avalanche (AVAX) Tokens

   To lend Avalanche, you need to have it. To get Avalanche, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Nexo	Avalanche (AVAX)	20.29
   PrimeXBT	Avalanche (AVAX)	20.28
   Uphold	Avalanche (AVAX)	20.31
   EarnPark	Avalanche (AVAX)	20.32
   Kraken	Avalanche (AVAX)	20.38
   OKX	Avalanche (AVAX)	20.27

   See all 81 prices

2. 2. Choose a Avalanche Lender

   Once you have AVAX, you’ll need to choose a Avalanche lending platform to lend your tokens. You can see some options here.

   Platform	Loonies	Interest rate
   Nexo	Avalanche (AVAX)	Up to 8 annual percentage yield
   YouHodler	Avalanche (AVAX)	Up to 16 annual percentage yield
   EarnPark	Avalanche (AVAX)	Up to 9 annual percentage yield
   Bitget	Avalanche (AVAX)	Up to 3.8 annual percentage yield

   See all 16 lending rates

3. 3. Lend Your Avalanche

   Once you’ve chosen a platform for lending your Avalanche, transfer your Avalanche into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximize your returns.

What to be Aware of

Loaning your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check out their lending practices, reviews, and how they secure your cryptocurrency.