How to Stake Axie Infinity (AXS): A Comprehensive Guide for Indian Investors

Introduction

Staking Axie Infinity can be an excellent choice for those looking to hold AXS while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. Acquire Axie Infinity (AXS) Tokens in India
To stake Axie Infinity, you first need to acquire it. To obtain Axie Infinity, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
Platform Coin Cost
Nexo Axie Infinity (AXS) 1.03
PrimeXBT Axie Infinity (AXS) 0.83
YouHodler Axie Infinity (AXS) 0.83
Binance Axie Infinity (AXS) 0.83
BTSE Axie Infinity (AXS) 0.83
Coinbase Axie Infinity (AXS) 0.83
See all 71 rates
2. Choose a Axie Infinity Wallet in India
Once you have AXS, you'll need to choose a Axie Infinity wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India
Binance Axie Infinity (AXS) Up to 11.6% APY
View all 9 staking rewards available in India
3. Delegate Your AXS in India
We recommend using a staking pool when staking AXS. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their AXS, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Axie Infinity network. For these validations, you will be rewarded with AXS.

Platform	Coin	Cost
Nexo	Axie Infinity (AXS)	1.03
PrimeXBT	Axie Infinity (AXS)	0.83
YouHodler	Axie Infinity (AXS)	0.83
Binance	Axie Infinity (AXS)	0.83
BTSE	Axie Infinity (AXS)	0.83
Coinbase	Axie Infinity (AXS)	0.83

Platform	Coin	Staking rewards in India
Binance	Axie Infinity (AXS)	Up to 11.6% APY

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.