Introduction
Lending Avalanche can be an excellent choice for those looking to hold AVAX while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
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 popular exchanges available in Spain.
Consulta todos los 81 preciosPlataforma Cripto Price Nexo Avalanche (AVAX) 13,76 APY PrimeXBT Avalanche (AVAX) 13,73 APY EarnPark Avalanche (AVAX) 13,65 APY YouHodler Avalanche (AVAX) 13,74 APY Binance Avalanche (AVAX) 13,74 APY BTSE Avalanche (AVAX) 13,74 APY 2. Select a Avalanche Lender
Once you have AVAX, you'll need to select a Avalanche lending platform to lend your tokens. You can explore some options here.
Lending APYPlataforma Cripto APY Nexo Avalanche (AVAX) Hasta 8% APY EarnPark Avalanche (AVAX) Hasta 7% APY YouHodler Avalanche (AVAX) Hasta 16% APY Bitget Avalanche (AVAX) Hasta 3,8% APY Blockchain.com Avalanche (AVAX) Hasta 4% APY 3. Earn Avalanche with competitive APY rates that can help you grow your investment
Once you've selected a platform to earn your Avalanche, transfer your Avalanche into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Generate Earnings
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
Avalanche (AVAX) is currently priced at US$4.47 with a 24-hour trading volume of US$406.6M. The market cap of Avalanche stands at US$15.1B, with 410,75M AVAX in circulation. For those looking to buy or trade Avalanche, Nexo offers avenues to do so securely and efficiently
- Capitalización de mercado
- US$15.1B
- volumen en 24 horas
- US$406.6M
- Oferta circulante
- 410,75M AVAX
