How to Lend Axie Infinity (AXS) in India: A Step-by-Step Guide

Introduction

Lending Axie Infinity can be an excellent choice for those looking to hold AXS 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. Acquire Axie Infinity (AXS) Tokens in India
To lend Axie Infinity, you first need to possess it. To acquire Axie Infinity, you'll have to buy it. You can select from these popular Indian exchanges.
Platform Coin Cost
Nexo Axie Infinity (AXS) 0.85
PrimeXBT Axie Infinity (AXS) 0.85
YouHodler Axie Infinity (AXS) 0.85
Binance Axie Infinity (AXS) 0.85
BTSE Axie Infinity (AXS) 0.84
Coinbase Axie Infinity (AXS) 0.85
See all 71 rates
2. Choose a Axie Infinity Lender in India
Once you have AXS, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
Nexo Axie Infinity (AXS) Up to 30% APY
YouHodler Axie Infinity (AXS) Up to 12% APY
Bitget Axie Infinity (AXS) Up to 21% APY
Gemini Axie Infinity (AXS) Up to 0.01% APY
View all 10 lending rates in India
3. Lend Your Axie Infinity in India
Once you've selected a platform to lend your Axie Infinity, transfer your Axie Infinity into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may do so weekly or monthly.
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 returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

Platform	Coin	Cost
Nexo	Axie Infinity (AXS)	0.85
PrimeXBT	Axie Infinity (AXS)	0.85
YouHodler	Axie Infinity (AXS)	0.85
Binance	Axie Infinity (AXS)	0.85
BTSE	Axie Infinity (AXS)	0.84
Coinbase	Axie Infinity (AXS)	0.85

Platform	Coin	APY
Nexo	Axie Infinity (AXS)	Up to 30% APY
YouHodler	Axie Infinity (AXS)	Up to 12% APY
Bitget	Axie Infinity (AXS)	Up to 21% APY
Gemini	Axie Infinity (AXS)	Up to 0.01% APY

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.