How to Stake Axie Infinity (AXS)

Introduction

Staking Axie Infinity can be an excellent choice for those looking to hold AXS while earning APY in a secure manner and supporting the network. 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. 1. Acquire Axie Infinity (AXS) Tokens

   To stake Axie Infinity, you first need to acquire it. To obtain Axie Infinity, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Nexo	Axie Infinity (AXS)	1,03 APY
   PrimeXBT	Axie Infinity (AXS)	0,83 APY
   YouHodler	Axie Infinity (AXS)	0,83 APY
   Binance	Axie Infinity (AXS)	0,83 APY
   BTSE	Axie Infinity (AXS)	0,83 APY
   Coinbase	Axie Infinity (AXS)	0,83 APY

   View all 71 prices

2. 2. Select a Axie Infinity Wallet

   Once you have AXS, you'll need to select a Axie Infinity wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Binance	Axie Infinity (AXS)	Up to 11,6 % APY

   Discover all 9 staking rewards available

3. 3. Delegate Your AXS

   We recommend using a staking pool when staking AXS. It's simpler and faster to get started. A staking pool is a collective of validators who pool their AXS, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Axie Infinity network. For these validations, you will be rewarded with AXS.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.