Axie Infinity (AXS) is available for purchase on a variety of cryptocurrency exchanges. These niche markets, which function like stock trading platforms, let you purchase and sell bitcoins. The native cryptocurrency of Axie Infinity is AXS, an ERC-20 token. You will learn everything there is to know about Axie Infinity in this article, including how to purchase it.
What Is Axie Infinity?
Axie Infinity (AXS) is a play-to-earn gaming platform built on blockchain technology. As a result, users can earn bitcoin by playing Axie Infinity, providing them with a source of income they might not have otherwise. Nintendo’s cherished Pokémon television series influenced Axie Infinity. It has a gameplay that encourages you to gather cute monsters and engage in cartoonish combat with them.
The integration of blockchain technology and traditional online gaming that Axie Infinity has created sets it apart from other online games.
Axies are artificial life forms that may be bought and traded on any NFT market. To start the game ahead, a player needs three Axies, which they can frequently obtain by enrolling in the Axie Infinity scholar. Players advance through the game as they finish various stages, earning in-game objects to collect and trade on Uniswap and Smooth Love Potions.
How To Buy Axie Infinity?
A smartphone or computer, a reliable internet connection, a method of payment, and photo identification are all required for the simple procedure of purchasing Axie Infinity.
Compare Cryptocurrency Exchanges
Purchasing Axie Infinity via a cryptocurrency exchange is the simplest option. You can search for a table to compare products, which will help you identify one with the attributes you need, such as affordable prices, simple usage, or round-the-clock customer service.
Open an Online Account
You’ll need a cryptocurrency exchange account to invest in AXS. Verify that your account supports the Axie Infinity Token. If you wish to keep the process painless, you should proceed with the creation of an account on your Rain’s portal. The seamless user onboarding procedure will quickly guide you to initiating your trading process without having to scamper through heaps of tutorials.
Buy a Wallet
As centralized cryptocurrency exchanges are significant targets for cyber hackers, many exchanges have been compromised in the past. You must have a cryptocurrency wallet if you don’t want to trade your cryptocurrency actively. While bitcoin wallets provide you control over your cryptocurrency, centralized exchanges keep custody of your funds.
Purchase Axie Infinity
The time has come to buy your Axie Infinity tokens if you have finished the previous procedures, which included creating an account and choosing a storage location for your tokens. You can now transfer your Axie Infinity to your wallet if you’d like. Market orders are usually filled in a few seconds and will invest in the token you want to buy at the market price.
Is Axie Infinity a Good Investment?
The following are some things to think about when purchasing AXS:
- Before purchasing any cryptocurrencies, buyers should be aware of the market’s high level of volatility. Another thing to remember is that Bitcoin, which serves as a proxy for markets, frequently influences how cryptocurrencies move. This implies that even if Axie is doing well, Bitcoin may restrict its potential to expand.
- The platform’s native coin, AXS, can be used for voting and staking. Users can earn tokens by engaging in the game and contributing to the network.
- AXS is traded in-game for an amazing $3.6 billion by more than 2.8 million players daily. As these numbers rise, the value of AXS coins may also rise. By possessing AXS Coin, players can directly affect how the game is managed now and in the future.
- Even with the erratic cryptocurrency market, it stands to reason that AXS Coin might be a fantastic long-term investment. This is because of its practical application in powering a game with a huge and expanding user base.
It would be a good idea to add Axie Infinity to your portfolio now, given that cryptocurrency markets appear to be increasing. Buy Axie Infinity on Rain.com if you’re seeking the best wallet and broker to trade Axie infinity. This is due to its well-regulated nature and user-friendly UI.