Axie Infinity is a blockchain game where players collect, breed, and battle Axies. Players own these creatures as NFTs on the Ethereum blockchain, with full control over in-game assets. Axie Infinity Shards (AXS) is the in-game cryptocurrency for buying, selling, breeding, governance, and staking, traded on various crypto exchanges and popular among gamers and investors.
How to buy Axie Infinity Shards (AXS) in four easy steps?
Step 1: Choose a crypto exchange
Step 2: Create an account and determine your budget
Step 3: Deposit funds
Step 4: Claim your AXS
Step 1: Choose a crypto exchange
You can buy AXS on various cryptocurrency exchanges, such as Binance, Coinbase, Huobi, and Kraken. Choose an exchange that is available in your country and has a good reputation.
Step 2: Create an account and determine your budget
After choosing an exchange, create an account and complete the necessary verification steps required by the exchange. This typically involves providing your personal information and uploading a government-issued ID. After creating the account, determine the amount you wish to invest based on your financial position and investment objectives.
Step 3: Deposit funds
Once your account is set up and verified, you can deposit funds into your exchange account. The available deposit methods may vary depending on the exchange but commonly include bank transfers, credit/debit cards, or other cryptocurrencies.
Step 4: Claim your AXS
With funds in your exchange account, you can now buy AXS. Find the AXS trading pair, such as AXS/USD or AXS/BTC, and place a buy order at the current market price or at your desired price level.
Also read: Axie Infinity Shards Price Prediction
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Where to buy Axie Infinity Shards(AXS)?
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Binance is a well-known crypto exchange that offers a user-friendly interface and a broad range of trading options. It is popular among traders for its low fees and high trading volume. It prioritizes secure and reliable cryptocurrency trading services.
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2017 |
| Weekly Average Transaction Volume | $1.19B (As of 10/03/2023) |
| Deposit Methods | Credit/Debit Card, Bank Transfer, Crypto |
| Deposit Fees | None |
| Cryptos Listed | 500+ |
| Trading Fees | 0.1% - 0.02% |
| Fiat Currencies Supported | USD, EUR, GBP, and more |
| Trustworthiness | Safe |
Coinbase is a well-liked cryptocurrency exchange with over 108 million users spanning over 100 nations. It is a preferred platform for trading and staking various cryptocurrencies, such as AXS, thanks to its user-friendly interface and minimal trading fees, making it ideal for beginners.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | June 2012 |
| Weekly Average Transaction Volume | $6 billion |
| Deposit Methods | PayPal, Debit/Credit Cards, Wire Transfers, Apple/Google Pay |
| Deposit Fees | 0 |
| Cryptos Listed | 170 |
| Trading Fees | 1% |
| Fiat Currencies Supported | EUR, USD, GBR |
| Trustworthiness | Safe |
Huobi Global is a cryptocurrency exchange that originated in China in 2013 and now operates globally. It supports a wide range of cryptocurrencies, provides multiple deposit options, and charges a 0.2% trading fee. The exchange has its own native token, HT, and is known for its emphasis on user protection, making it a reliable and secure platform.
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2013 |
| Weekly Average Transaction Volume | $1.19B (As of 10/03/2023) |
| Deposit Methods | Cryptocurrency and Wire Transfer |
| Deposit Fees | None for cryptocurrency deposits, wire transfer fees may apply |
| Cryptos Listed | 400+ |
| Trading Fees | 0.2% |
| Fiat Currencies Supported | USD, EUR, GBP, AUD, CAD, CNY, and more |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
What is the role of AXS in Axie Infinity, and how can it be used within the game?
AXS is the utility token of Axie Infinity, used for governance, staking, in-game purchases, and entering tournaments. It allows holders to vote on game development proposals, earn rewards, and pay for breeding and marketplace fees.
How does Axie Infinity differ from other blockchain gaming platforms?
Axie Infinity sets itself apart from other blockchain gaming platforms by offering a unique gameplay experience that combines elements of strategy, collectible card games, and pet breeding. It also has a strong community of players and developers who are actively engaged in shaping the platform’s future through DAO.
What are the risks associated with owning Axies or AXS tokens?
Owning Axies or AXS tokens carries risks such as market volatility, security threats, and regulatory changes. Their value can be highly volatile, digital wallets may be vulnerable to hacking, and governments may enact laws that impact their value. Potential investors should research and consider these risks before investing.
Can I use Axie Infinity Shards (AXS) for purchases outside of cryptocurrency trading?
Axie Infinity Shards (AXS) serve as the native tokens within the Axie universe, enabling players to engage in various transactions, stake them for additional earnings, and participate in governance proposals. However, it is not widely accepted for non-cryptocurrency purchases and may require conversion to other cryptocurrencies or fiat currencies before being used for other purposes.
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