He has immense exposure to a range of financial assets, including stock, cryptocurrencies and forex – and is particularly well-versed in asset valuation, analysis, and portfolio management. Since 2016, Khan has worked with notable online platforms within financial journalism, including Invezz, Trading-Education, Dog of Wall Street, and News Break. All in all, he has written, editted, and published over 7,000 articles, guides, and market insight.

For starters, you may buy crypto instantly with debit cards or credit cards. You may also buy crypto with eWallets like PayPal on KuCoin via supported fiat to crypto onramps like Moonpay and Simplex. You may even buy Axie Infinity and all the best top-trending cryptos on the integrated KuCoin peer-to-peer trading platform.

The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards. Axie Infinity is a trading and battling game that takes advantage of blockchain technology. Unlike most games, it is partially controlled, owned, and operated by its players. The game was inspired by popular games such as Pokémon and Tamagotchi.

• Both the Axie and its body parts are also NFTs that can be traded on the integrated NFT marketplace.
• Axie Infinity was introduced to the market through a crypto ICO, with each AXS token valued at $0.1.
• You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you.
• They are generally considered the most secure way to store cryptocurrency — your funds will be inaccessible from the internet.

The AXS tokens you just purchased will be deposited into the exchange-provided web wallet. To transfer these coins to another wallet or exchange, you first need to set up the eToro Money wallet app. Most analysts, forecasters, and investors are in agreement that Axie Infinity will form part of the next cryptos to explode. It also enjoys the support of a large and vibrant online community as well as players.

Can I Buy Axie Infinity (AXS) with Skrill?

Performance is unpredictable, and the past performance of Axie Infinity is no guarantee of its future performance. Users can cash their in-game AXS tokens to reap liquid benefits and use them to buy in-house game NFTs to expand their gaming ecosystem. The value of an SLP relative to the U.S. dollar hasn’t performed so well compared to AXS and has been down sharply over the past year. SLP has an uncapped number of tokens that could exist in the future, unlike AXS, which has a supply cap of 270 million tokens. The uncertainty around the future supply of SLP has greatly impacted its value, and concerns around its stability have caused many to question the future.

Some platforms may also ask you for ID documentation and proof of address before you can make your first deposit that can be made using a range of payment methods. The Ledger Nano S is among the most affordable hardware wallets on the market, coming in under $60 for the device. Plus, the Ledger Nano S is a multicurrency wallet, meaning that you can conveniently store thousands of different cryptocurrencies all on the same device. Binance is among exchanges offering the lowest fees in the industry and high liquidity, allowing you to sell and buy digital assets rapidly to take advantage of market possibilities. Lunacia, the Axie homeland, is tokenized plots of virtual land called Terra and will act as home bases of operation for players’ Axies. While the gameplay is still being actively developed, the idea is that players will be able to purchase, rent, or develop them.

Is Axie Infinity a good investment?

By participating in various battles, you will understand what strategies to use and thus have an upper hand when it comes to your opponents. The AXS token is used as a governance token in the Axie Infinity ecosystem. The Axie Infinity ecosystem utilizes two crypto tokens – Axie Infinity Shard (AXS) and Smooth Love Potion (SLP). But before we get started, ensure you have the most updated version of Trust Wallet so you can explore the Axie ecosystem without limits. We’ll have a quick look at how to get the latest Trust Wallet version, plus how to buy AXS tokens.

Axie Infinity (AXS): 35% Uptick

The token allows players to breed and collect unique digital pets known as Axies that are represented by NFTs. Moreover, breeding an Axie will cost players both AXS and SLP tokens. Therefore, first, you need to add a payment method to your account.

Axie Infinity Shards (AXS) – Governance Tokens

You can either purchase Axies directly from Axie Infinity or purchase them on secondary marketplaces. Rune and charms are updated for every season of the Axie Infinity game and, therefore, must be continuously collected by players. Abilities range from attacking moves, which damage an opponent, to defensive moves, which help with recovery or evasion.

How To Buy Kujira (KUJI) – 5 Easy Steps Guide!

You will also need a wallet to store the cryptocurrency tokens in after purchasing them, such as the Ronin wallet. It’s worth noting that there is also another cryptocurrency linked to the game called Smooth Love Potion. This is earned through playing and used to breed digital pets which can be sold on the Axie Infinity marketplace.

Top Axie Infinity Stories

Pinpointing the highs and lows of cryptocurrency cycles is notoriously difficult. Ideally, you want to buy your AXS when the market has retraced, or fallen a bit. This increases your chances of getting the coins at a discount before the price hopefully starts heading up again. In order to stake Axie, investors must transfer AXS from their internal wallets forex books reviews on an exchange to Axie Infinity’s native software wallet, Ronin. There are many investment strategies that may be leveraged when purchasing Axie Infinity tokens. As an investor, you may wish to hold on to your investment for the long-term or short-term depending on the financial targets you set yourself and how you would like to position your portfolio.