How to Lend Axie Infinity (AXS) in Vietnam

Introduction

Lending Axie Infinity is an excellent choice for those looking to hold AXS while earning yield. The process may seem intimidating at first, which is 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 own 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)	0.82
   PrimeXBT	Axie Infinity (AXS)	0.82
   YouHodler	Axie Infinity (AXS)	0.82
   Binance	Axie Infinity (AXS)	0.82
   BTSE	Axie Infinity (AXS)	0.82
   Coinbase	Axie Infinity (AXS)	0.82

   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 listed 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. Lend Your Axie Infinity

   After selecting a platform to lend your Axie Infinity, transfer your Axie Infinity into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.