Earn up to
8% AER
A comprehensive guide on how to earn Avalanche (AVAX) in the UK
We have extensive data on earning Avalanche (AVAX) and we are pleased to share some of this with you.
We present you with various earning options using other cryptocurrencies that may pique your interest.
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
Lending Avalanche can be an excellent option for those who wish to hold AVAX while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
To lend Avalanche, you need to possess it. To obtain Avalanche, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| 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 |
Once you have AVAX, you'll need to choose a Avalanche lending platform to lend your tokens. You can see some options here.
| Platform | Coin | AER |
|---|---|---|
| Nexo | Avalanche (AVAX) | Up to 8% AER |
| EarnPark | Avalanche (AVAX) | Up to 7% AER |
| YouHodler | Avalanche (AVAX) | Up to 16% AER |
| Bitget | Avalanche (AVAX) | Up to 3.8% AER |
| Blockchain.com | Avalanche (AVAX) | Up to 4% AER |
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 AER. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
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