Introduction
Lending Axie Infinity can be an excellent choice for those looking to hold AXS while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.
Step-by-Step Guide for Italian Investors
1. Acquire Axie Infinity (AXS) Tokens
To lend Axie Infinity, you must first possess it. To acquire Axie Infinity, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 71 pricesPiattaforma Criptovaluta Value Nexo Axie Infinity (AXS) 0,82 APY PrimeXBT Axie Infinity (AXS) 0,82 APY YouHodler Axie Infinity (AXS) 0,82 APY Binance Axie Infinity (AXS) 0,82 APY BTSE Axie Infinity (AXS) 0,82 APY Coinbase Axie Infinity (AXS) 0,82 APY 2. Select a Axie Infinity Lender in Italy
Once you have AXS, you'll need to select a Axie Infinity lending platform to lend your tokens. You can explore some options here.
Discover all 10 lending APY ratesPiattaforma Criptovaluta 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 3. Earn Axie Infinity in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Axie Infinity, transfer your Axie Infinity into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.
What to Consider in Italy
Lending your cryptocurrency can involve significant risks
Recent Developments
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- Market capitalization
- US$970.21M
- 24h volume in the Italian market
- US$70.45M
- Circulating supply
- 157,5M AXS
