So you've read about Axie Infinity and are eager to get started. Here's a step-by-step guide to getting started. Axie Infinity is a cryptocurrency game that revolves around Axies, who are virtual pets. Participants can gain Axie Infinity Shards (AXS), Axie Infinity's governing token, and Smooth Love Potions (SLP) by fighting in adventure or arena mode.
Axie Infinity Shards (AXS) and Smooth Love Potions (SLP) are then used for breeding and raising Axies. Furthermore, game resources can be exchanged on the exchange.
About Axie Infinity
AXS has been featured on several cryptocurrency exchanges, and however, unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency.
However, you may still buy AXS by first purchasing Bitcoin on any large exchange and then transferring to an exchange that trades this coin.
What is Axie Infinity [AXS]?
Axie Infinity (AXS) is an Ethereum-based cryptocurrency that was introduced in 2020. The current quantity of Axie Infinity is 270,000,000, with 59,985,000 in circulation. Axie Infinity's last known price is 0.21012794 USD, up 36.83 in the previous 24 hours.
AXS has been featured on several cryptocurrency exchanges, and however, unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency. However, you may still buy AXS by first purchasing Bitcoin on an extensive exchange and then transferring to a deal that trades this coin. In this guide article, we will lead you through the methods to purchase AXS in detail.
Axie Infinity (AXS) is an Ethereum-based cryptocurrency that was introduced in 2020. The current quantity of Axie Infinity is 270,000,000, with 59,985,000 in circulation. Axie Infinity's last known price is 0.21012794 USD, up 36.83 in the previous 24 hours.
Who Are the Founders of Axie Infinity [AXS]?
It's trading up on 4 active market(s), with a total volume of $10,533,686.87. https://axieinfinity.com/ contains further details.
AXS is now number 434 on Coinmarketcap, with a recent gain of 36.83 percent at the time of writing.
Sky Mavis, a technology-focused games company with a staff mostly headquartered in Vietnam, founded Axie Infinity in 2018. Trung Nguyen and Aleksander Larsen co-founded it.
The system's current CEO is Trung Nguyen. Prior to founding Axie Infinity, Nguyen earned a BS in computer software engineering and worked as a software engineer at Anduin Exchanges.
What Makes Axie Infinity Unique?
Axie Infinity is distinct in that it is largely promoted as a "play-to-earn" game. The main goal for gamers is to perform well in order to gain tokens or breed giant NFTs, which they can then sell for actual cash.
Diablo 3 is supposed to encourage players to concentrate on their gameplay in order to obtain new gear, which the Auction House model had sabotaged.
According to the official Axie Infinity Twitter feed, there are 1 million daily active users across all platforms as of August 6. “Some players download the game client without owning Axies,” it stated, “but not all of these are actually playing.” There are currently fewer than 1 million Axie owners.”
Where Can You Buy Axie Infinity AXS?
You'll need a cryptocurrency exchange account with a platform that supports the Axie Infinity token to buy AXS. Coinbase is now the most accessible site to buy Axie tokens.
Axie tokens can be purchased using Coinbase in a variety of ways. Using Coinbase's "convert" tool, you can invest in Axie tokens with either stablecoins tied to the US dollar (USD) or Bitcoin (BTC) or other altcoins.
Using Bitcoin as a benchmark for altcoin transactions can be beneficial because it evaluates the profitability of your cryptocurrency to that of Bitcoin.
Frequently Asked Question
Can I Buy Axie Infinity With Cash?
AXS cannot be purchased with cash. Even if Axie Infinity is supported by some ATMs, it accounts for less than 1% of all crypto ATMs. If you'd like to buy Axie Infinity with cash, you'll need to first buy Bitcoin and then use a platform like Binance to exchange bitcoins for Axie Infinity.
Are there any quick ways to buy Axie Infinity in Europe?
When it comes to buying cryptocurrency, there are a lot of benefits to doing so. Asset transactions have become much easier to manage; the transactions are private; you just own the money; they provide credit; and, last, they provide good security.
What is the Cheapest Way to Buy Axie Infinity?
The most cost-effective method is to purchase BTC through your bank and then convert BTC for AXS.
Purchasing it with a credit card is the quickest option, but the fees are more significant. Right now, the cheapest Axie on sale is roughly $200. The most valuable Axie ever sold was for 300 ETH (about $620,000 today).
To participate in the game, you'll need to purchase three Axies with Ethereum (ETH).
Conclusion
After rising by over 100 percent in just a few weeks, cryptocurrencies have suffered a severe decline.
Axie Infinity tokens have been increased to a new all-time high of almost $60 per token, despite the recent market slowdown.
Because the crypto markets are active 24 hours a day, you might wish to utilize a cryptocurrency portfolio monitor to keep track of your holdings.
Axie Infinity Official Website –https://axieinfinity.com/
Axie Infinity Ether scan –https://etherscan.io/token/0xf5d669627376ebd411e34b98f19c868c8aba5ada
Axie Infinity Twitter –https://twitter.com/AxieInfinity
Axie Infinity Reddit –https://www.reddit.com/r/AxieInfinity
