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Introduction

Lending Avalanche can be an excellent choice for those looking to hold AVAX while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Avalanche (AVAX) Tokens in India

   To lend Avalanche, you first need to possess it. To acquire Avalanche, you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   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 rates

2. 2. Choose a Avalanche Lender in India

   Once you have AVAX, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	APY
   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

   View all 16 lending rates in India

3. 3. Earn Avalanche in India

   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 earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest in India

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.

What to Keep in Mind

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