Where and How to Earn Axie Infinity (AXS)

Introduction

Lending Axie Infinity can be an excellent choice for those looking to hold AXS while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. 1. Acquire Axie Infinity (AXS) Tokens

   To lend Axie Infinity, you must first acquire it. To obtain Axie Infinity, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.

   Platform	Coin	Price
   Nexo	Axie Infinity (AXS)	0.96
   PrimeXBT	Axie Infinity (AXS)	0.96
   YouHodler	Axie Infinity (AXS)	0.96
   Binance	Axie Infinity (AXS)	0.96
   BTSE	Axie Infinity (AXS)	0.96
   Coinbase	Axie Infinity (AXS)	0.96

   See all 71 prices

2. 2. Choose a Axie Infinity Lender

   Once you have AXS, you'll need to select a Axie Infinity lending platform to lend your tokens. You can explore 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
   Gemini	Axie Infinity (AXS)	Up to 0.01% APY

   See all 10 lending rates

3. 3. Earn Axie Infinity

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

4. 4. Earn Interest

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

What to be Aware of

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