Earn up to
17.9% APY
An in-depth guide on how to stake Axie Infinity (AXS)
We have a lot of data on staking Axie Infinity (AXS) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Axie Infinity (AXS) is currently priced at $14.31 with a 24-hour trading volume of $70.45M. The market cap of Axie Infinity stands at $970.21M, with 157.5M AXS in circulation. For those looking to buy or trade Axie Infinity, Binance offers avenues to do so securely and efficiently}
Staking Axie Infinity can be a great option for those who want to hold AXS but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
In order to stake Axie Infinity, you need to have it. To obtain Axie Infinity, you'll need to purchase it. You can choose from these popular exchanges.
Once you have AXS, you'll need to choose a Axie Infinity wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Binance | Axie Infinity (AXS) | Up to 11.6% APY |
We recommend using a staking pool when staking AXS. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AXS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Axie Infinity network. You'll be rewarded with AXS for these validations.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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