Where and How to Lend Axie Infinity (AXS)

Introduction

Lending Axie Infinity can be a great option for those who wish to hold AXS but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Axie Infinity (AXS) Tokens

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

   Platform	Coin	Price
   Nexo	Axie Infinity (AXS)	5.76
   Bitpanda	Axie Infinity (AXS)	5.74
   Uphold	Axie Infinity (AXS)	5.74
   PrimeXBT	Axie Infinity (AXS)	5.74
   Kraken	Axie Infinity (AXS)	5.75
   OKX	Axie Infinity (AXS)	5.74

   See all 29 prices

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

   See all 8 lending rates

3. 3. Lend Your Axie Infinity

   After you have selected a platform for lending your Axie Infinity, transfer your Axie Infinity into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.