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Introduction

Lending Axie Infinity is an excellent choice for those looking to hold AXS 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 Axie Infinity (AXS) Tokens

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

   Platform	Coin	Cost
   Nexo	Axie Infinity (AXS)	0.83
   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

   View all 71 prices

2. 2. Select a Axie Infinity Lender

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

   Platform	Coin	Interest rate
   Nexo	Axie Infinity (AXS)	Earn up to 30% APY
   YouHodler	Axie Infinity (AXS)	Earn up to 12% APY
   Bitget	Axie Infinity (AXS)	Earn up to 21% APY
   Gemini	Axie Infinity (AXS)	Earn up to 0.01% APY

   View all 10 loan rates

3. 3. Earn Axie Infinity

   After selecting a platform to earn your Axie Infinity, transfer your Axie Infinity 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.