How to Lend Axie Infinity (AXS): A Step-by-Step Guide

Introduction

Lending Axie Infinity can be a great option for those who want to hold AXS 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. Obtain Axie Infinity (AXS) Tokens
In order to lend Axie Infinity, you need to have it. To obtain Axie Infinity, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Axie Infinity (AXS) 6,28
PrimeXBT Axie Infinity (AXS) 6,22
Uphold Axie Infinity (AXS) 6,26
Kraken Axie Infinity (AXS) 6,28
OKX Axie Infinity (AXS) 6,25
YouHodler Axie Infinity (AXS) 6,29
See all 36 prices
2. Choose a Axie Infinity Lender
Once you have AXS, you’ll need to choose a Axie Infinity lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Nexo Axie Infinity (AXS) Up to 30 APY
YouHodler Axie Infinity (AXS) Up to 12 APY
Bitget Axie Infinity (AXS) Up to 21 APY
Kucoin Axie Infinity (AXS) Up to 0,5 APY
See all 6 lending rates
3. Lend Your Axie Infinity
Once you’ve chosen a platform to lending your Axie Infinity, transfer your Axie Infinity into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
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 maximise your returns.

Platform	Coin	Price
Nexo	Axie Infinity (AXS)	6,28
PrimeXBT	Axie Infinity (AXS)	6,22
Uphold	Axie Infinity (AXS)	6,26
Kraken	Axie Infinity (AXS)	6,28
OKX	Axie Infinity (AXS)	6,25
YouHodler	Axie Infinity (AXS)	6,29

Platform	Coin	Interest rate
Nexo	Axie Infinity (AXS)	Up to 30 APY
YouHodler	Axie Infinity (AXS)	Up to 12 APY
Bitget	Axie Infinity (AXS)	Up to 21 APY
Kucoin	Axie Infinity (AXS)	Up to 0,5 APY

What to be Aware of

Lending 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 their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Axie Infinity (AXS) is currently priced at US$30 with a 24-hour trading volume of US$140.77M. The market cap of Axie Infinity stands at US$984.95M, with US$157.49M AXS in circulation. For those looking to buy or trade Axie Infinity, Nexo offers avenues to do so securely and efficiently}

Market cap: US$984.95M
24h volume: US$140.77M
Circulating supply: US$157.49M

See latest information

Frequently Asked Questions About Lending Axie Infinity (AXS)

What are lending rates for Axie Infinity (AXS)?: Lending rates for Axie Infinity (AXS) can vary widely across different platforms. To ensure you get the best rate, use Bitcompare's real-time price comparisons, which display the latest lending rates on various exchanges. Check regularly and consider bookmarking the page for easy access.
How can I find the best Axie Infinity lending rates?: To find the best AXS lending rates, use Bitcompare's tools for real-time price comparisons and email alerts. These features help you stay informed about the latest market rates. For the most accurate and up-to-date information, it's wise to check frequently.
Why do AXS lending rates fluctuate?: AXS lending rates fluctuate due to market demand, supply of AXS tokens, and broader economic factors. Utilize Bitcompare's sentiment analysis and news updates to gain insights into these fluctuations, helping you make informed decisions.
Where can I get updates on AXS lending rates?: You can get updates on AXS lending rates by visiting the Bitcompare platform, which offers real-time price comparisons and the latest news events. Bookmark this page and check it regularly to stay updated on market changes.
How often should I check AXS lending rates?: In the fast-paced crypto market, it's beneficial to check AXS lending rates regularly. Bitcompare offers email alerts to keep you informed. Checking the page frequently can help you stay ahead of market trends and make well-informed lending decisions.
What tools can help me stay informed about AXS rates?: Bitcompare's platform offers several tools to keep you informed about AXS rates, including real-time comparisons, email alerts, sentiment analysis, and news updates. These resources are invaluable for keeping track of the dynamic market.
Is it important to know current AXS lending rates?: Yes, knowing current AXS lending rates is important for making informed decisions in the cryptocurrency market. Use Bitcompare for real-time comparisons and regular updates to ensure you have the latest information at your fingertips.