Introduction
Lending Avalanche can be an excellent choice for those looking to hold AVAX while earning APY. 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 Anleitung
1. Acquire Avalanche (AVAX) Tokens
To lend Avalanche, you first need to possess it. To acquire Avalanche, you'll have to buy it. You can select from these well-known exchanges.
View all 81 pricesPlattform Kryptowährung Price Nexo Avalanche (AVAX) 12,39 APY PrimeXBT Avalanche (AVAX) 12,37 APY EarnPark Avalanche (AVAX) 12,39 APY YouHodler Avalanche (AVAX) 12,37 APY Binance Avalanche (AVAX) 12,38 APY BTSE Avalanche (AVAX) 12,38 APY 2. Select a Avalanche provider
Once you have AVAX, you'll need to select a Avalanche lending platform to lend your tokens. You can explore some options here.
View all 16 lending APY ratesPlattform Kryptowährung APY Nexo Avalanche (AVAX) Up to 8 % APY EarnPark Avalanche (AVAX) Up to 7 % APY YouHodler Avalanche (AVAX) Up to 16 % APY Bitget Avalanche (AVAX) Up to 3,8 % APY Blockchain.com Avalanche (AVAX) Up to 4 % APY 3. Lend Your Avalanche in Germany
Once you've selected a platform to lend your Avalanche, transfer your Avalanche into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.
What to Consider
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Recent Developments
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- Market capitalization
- US$15.1B
- 24h Handelsvolumen
- US$406.6M
- Circulating supply
- 410,75M AVAX



