The rise in popularity of non-fungible tokens (NFTs) has led many industries, including gaming, to take an interest in blockchain technology. An example is Axie Infinity, which uses its own Ethereum-based cryptocurrency (AXS). Since the game is built on the blockchain network, many people use it as a means of generating income, as well as for trading digital in-game items. Basically, it looks like an online Pokemon game, but you can make real money while playing it if you know what you are doing.
Players breed, grow, and fight Axies in a Pokemon-inspired metaverse to earn tokens. The cheapest Axies cost around $200, while the most expensive ones cost 300 ETH (almost $550,000). How to buy Axie (AXS) native crypto and in-game creatures? How to invest in Axie Infinity? Today, we’ll try to find out!
How to Buy Axie in Marketplace: Key Steps to Know
To start playing, you need to download the game, register, and buy at least three Axies (this is the minimum number of team members). But how to buy Axie in marketplace? Here are the key steps to follow!
#1 Buy Ethereum at Switchere
First, you’ve to go to an exchange and buy some ETH for fiat. If you’re wondering which crypto exchange to choose, then you should definitely think about buying Ethereum at Switchere. On our platform, you have an opportunity to buy and sell ETH in the fastest and most convenient way.
Here you can find a step-by-step instruction on how to buy ETH coin at Switchere — it’s easy as A, B, C! The main thing is to create an account at Switchere, buy some ETH, and enjoy a 0% service fee for the first order!
#2 Download MetaMask Wallet
To store your tokens, you must download a digital wallet to play the game. We recommend using MetaMask, which takes around 1 minute to download and set up. Make sure to store your secret 12-word password (private key) in a safe place.
#3 Transfer ETH to MetaMask Wallet
Once you’ve set up your MetaMask wallet, just take the Ethereum that is stored on Switchere and send it to your MetaMask. This is an important step because to use Axie Infinity’s client and their web app, you’ve to sign up with your MetaMask account to access your funds. Thus, you’ll need your ETH to actually make a purchase.
#4 Download Ronin Wallet
After you’ve transferred some ETH to your MetaMask, you need to download the Ronin sidechain wallet. This is a wallet created by the Sky Mavis team for Axie Infinity, which will allow us to do all of our transactions. Make sure to store your secret private keys in a safe place.
#5 Deposit ETH to Ronin Wallet
Just log in to your Axie Infinity account, link your MetaMask account and Ronin wallet. On the Axie Infinity main page, deposit some ETH into wrapped Ethereum (wETH) so that you can use it on the Ronin network. Just confirm the transaction, and now you’re ready to buy your first Axies!
#6 Buy Some Axies
How to buy Axie creatures? Well, to buy your first Axies, go to the Axie Infinity Marketplace section. Use the filter to set the desired parameters.
For example, we want to buy a powerful Axie Beast, which will act as a mid-liner in your team.
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- In the General tab, just select the appropriate class — Beast, and also set the Pureness to 5. That is, 5/6 of the body parts must belong to the Beast class.
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- In the Parts tab, just select the body parts of your Axie.
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- In the Stats tab, just set the amount of health and speed that you’re interested in.
And you’re done! If you’ve been following all the steps, CONGRATULATIONS! You’re now an Axie owner!
Buy Axies wisely — it’s important to assemble the strongest team. If you have no money for three Axies at once, you can buy several AXS tokens and stake them.
How to Buy Axie (AXS): Axie Infinity Shards Cryptocurrency
Axie Infinity Shards (AXS) acts as a governance token in the Axie Infinity metaverse. It was generated on the Ethereum network, ERC-20 standard. In 2021, the developers launched Ronin sidechain. The main features of AXS crypto are the following:
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- It serves as a utility token in the game metaverse. Thus, AXS gives the right to vote, is used for staking and making money. Together with a Smooth Love Potions (SLP) coin, it is required for breeding creatures.
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- Although the developers launched their Ronin network, the game’s coins (both utility and NFTs) were issued on the Ethereum blockchain.
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- The purpose of creation is to transfer control into the hands of holders. But full decentralization has not been achieved yet. Sky Mavis gaming studio owns a large number of coins.
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- You can earn crypto coins in a non-standard way: by playing Axie Infinity.
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- Gas is used to pay for operations in the network. However, its price is lower than on the Ethereum blockchain.
3 Ways to Get AXS Tokens
How to buy Axie Infinity crypto? It’s impossible to mine coins through PoW mining, so you need to choose a different way to become an AXS holder:
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- Buy coins on a crypto exchange.
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- Conclude a deal through an intermediary
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- Get it in the game.
Let’s consider all the ways in detail!
Crypto Exchanges
In November 2021, AXS can be bought on 45+ centralized platforms. Among them, most of the top exchanges: Binance, Coinbase, Huobi Global. AXS tokens are also listed on the largest Decentralized Exchanges (DEX), for example, Uniswap. And in November 2021, Axie Infinity also launched its own DEX Katana, which allows you to exchange tokens without connecting to the Ethereum network.
If you’re wondering where to buy AXS, you should definitely think about buying it at Switchere. On our platform, you have an opportunity to buy AXS in the fastest and most convenient ways using any available payment method. Moreover, we offer some surprising bonuses! Users of our platform enjoy a 0% service fee for the first order.
Intermediaries
Exchange sites or Telegram bots charge commissions for allowing users to buy AXS tokens for fiat or other cryptocurrencies. They provide support for e-wallets, bank cards, payment systems. The functionality is simpler than that of crypto exchanges, but the rate is often less profitable since it includes commissions.
Playing Axie Infinity
How to buy Axie Infinity coins via the game? Well, as was mentioned before, anyone can buy NFT creatures with Ethereum cryptocurrency. Then a user has the right to enter the game and receive tokens in different ways:
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- Search for them in their land plots.
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- Fight chimeras.
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- Win tournaments.
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- Receive rewards in utility coins.
How to Invest in Axie Infinity (AXS): Key Things to Know
How to buy ASX? Well, the easiest way for newbies is to make an exchange. Moreover, transactions through exchanges are considered safer. The functionality of centralized platforms is more simplified than that of DEX. When choosing a crypto exchange, the following aspects are crucial:
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- Platform reputation
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- Rate
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- Liquidity
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- Available trading pairs
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- The degree of anonymity
Currently, you can buy AXS on Bitfinex, Poloniex, Binance, OKEX, dcoin, Huobi. Make sure to choose the one that will suit your needs best!
AXS Crypto Price Prediction 2021
Here are the most popular price forecast made by crypto experts regarding AXS rate changes:
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- Wallet Investor believes that the AXS price may increase to $485,677 by the fall of 2022. Moreover, analysts predict its stable growth up to the point that in 2026 AXS will set a historical maximum of $1809.
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- Price Prediction is also forecasting further growth. In 2022, the maximum price of AXS could be $265.44, and in 2023 — $394.19.
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- According to Long Forecast, in 2022, the rate will fluctuate between $230-$286. And in 2025 — from $484 to $556.
Conclusion
How much to invest in Axie Infinity? In November 2021, many investors warned against large investments in AXS, as a sharp jump in the rate of most coins in the GameFi sector inevitably led to a correction. But at the same time, many crypto experts assume that this is a promising investment in the long term. So it is recommended to buy AXS tokens on a price drawdown.
Do you play Axie Infinity? Feel free to share your experience in the comments below!
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