Where and How to Earn Avalanche (AVAX)

Introduction to the world of cryptocurrency can be both exciting and daunting

Lending Avalanche can be an excellent choice for those looking to hold AVAX while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.

Step-by-Step Guide 1

1. 1. Acquire Avalanche (AVAX) Tokens

   To lend Avalanche, you must first possess it. To acquire Avalanche, you'll need to purchase it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Nexo	Avalanche (AVAX)	13,76
   PrimeXBT	Avalanche (AVAX)	13,73
   EarnPark	Avalanche (AVAX)	13,65
   YouHodler	Avalanche (AVAX)	13,74
   Binance	Avalanche (AVAX)	13,74
   BTSE	Avalanche (AVAX)	13,74

   See all 81 prices

2. 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.

   Platform	Coin	Interest rate
   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

   See all 16 lending rates

3. 3. Earn Avalanche with competitive rates that allow you to maximize your investments

   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 interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 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. Ensure that your earning platform offers compounding APY to maximise your returns.

What to be Aware of

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.