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Introduction

Lending Avalanche is an excellent choice for those looking to hold AVAX while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Avalanche (AVAX) Tokens

   To lend Avalanche, you must first possess it. To acquire Avalanche, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	Avalanche (AVAX)	13.76
   PrimeXBT	Avalanche (AVAX)	13.73
   EarnPark	Avalanche (AVAX)	13.65
   YouHodler	Avalanche (AVAX)	13.74
   Binance	Avalanche (AVAX)	13.74
   BTSE	Avalanche (AVAX)	13.74

   View all 81 prices

2. 2. Select a Avalanche Lender

   Once you have AVAX, you'll need to select a Avalanche lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Nexo	Avalanche (AVAX)	Earn up to 8% APY
   EarnPark	Avalanche (AVAX)	Earn up to 7% APY
   YouHodler	Avalanche (AVAX)	Earn up to 16% APY
   Bitget	Avalanche (AVAX)	Earn up to 3.8% APY
   Blockchain.com	Avalanche (AVAX)	Earn up to 4% APY

   View all 16 loan rates

3. 3. Earn Avalanche

   After selecting a platform to earn your Avalanche, transfer your Avalanche to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.