Where and How to Lend Axie Infinity (AXS)

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. 1. Obtain Axie Infinity (AXS) Tokens

   To lend Axie Infinity, you need to have it. To acquire Axie Infinity, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Axie Infinity (AXS)	3.11
   PrimeXBT	Axie Infinity (AXS)	3.12
   Uphold	Axie Infinity (AXS)	3.1
   YouHodler	Axie Infinity (AXS)	3.07
   Kraken	Axie Infinity (AXS)	3.11
   OKX	Axie Infinity (AXS)	3.12

   See all 71 prices

2. 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 AER
   YouHodler	Axie Infinity (AXS)	Up to 12 AER
   Bitget	Axie Infinity (AXS)	Up to 21 AER
   Kucoin	Axie Infinity (AXS)	Up to 0.5 AER

   See all 10 lending rates

3. 3. Lend Your Axie Infinity

   Once you’ve chosen a platform to lend your Axie Infinity, transfer your Axie Infinity into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure 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.