What is AXS?

AXS known as Axie Infinity is a blockchain-based trading platform that is partially operated and owned by its players. 

Although battling a breeding Axie's is another topic that can be discussed in another article the main focus is how to stake the cryptocurrency coin Axie (AXS). 

Options

Now my go to for staking has been Binance Earn. You can lock your coins for 30, 60 or even 90 days. Remember that if you need to withdraw these coins during the locked period you will lose any of the coins you have earned in this period. 

One main issue with Binance Earn is the availability to stake into these are mainly sold out. 

So if these options are sold out how can you stake your coins. Personally the best way is to stake on the AXS dashboard yourself. 

For this you will need to create a Ronin Wallet in order to send your coins from Binance to the Ronin Wallet. 

Once in the wallet visit the below website:

https://stake.axieinfinity.com/

Connect your wallet and then select the Stake button. This will then for free pull your AXS into the staking pool on the AXS platform. Every 24 hours you are able to re-stake your earnings increasing the yearly yield due compounding. 

One benefits to this is you can transfer your coins back from Ronin to Binance without losing the staked coins.