What Is Axie Infinity (AXS): Everything You Need to Know 2022

Axie Infinity is a platform that allows you to earn tokens in a gamified way and contribute to the ecosystem. At first glance, it’s just a cartoon game about fantastic animals, but in fact, it is a social platform and a work network. It uses NFTs and, although still in early access, ranks first among NFT platforms based on Ethereum.

AXS token (ERC-20) is a governance tool for Axie Infinity. AXS holders are rewarded when they play games, create user-generated content, or participate in governance voting.

How to Start Playing Axie Infinity?

Axie Infinity offers players a full-fledged economy in which they can sell their game assets by exchanging them for digital currency. Game assets (Axies) exist in the form of tokens. Users can store them independently in a digital wallet, such as MetaMask. Downloading and setting up MetaMask takes only a couple of minutes.

To start playing, a user needs to purchase at least three Axies. You can buy them for ETH using the marketplace on the official website.

If you’re looking for a step-by-step guide on how to buy Axies, make sure to check our blog article on this topic, full of screenshots and useful information!

After downloading the app, you will need to enter an email address and password that were specified when creating an account, as well as confirm the email address.

Using the Axie Infinity mobile apps, you can scan a QR code to quickly access your dashboard. The session will last for 14 days after the code confirmation.

How to Get & Use Axie Infinity (AXS) Token?

As mentioned before, AXS is a governance token in Axie Infinity, which conforms to the ERC-20 standard. The purpose of this asset is to balance the incentives for both players and developers. The two main goals pursued by the mechanism are:

  • Decentralization of project management.
  • Rewarding players and providing them with an incentive to use the platform and receive additional rewards.

Users are rewarded with AXS tokens for participation in voting and various actions during the game. Despite the developers recognizing the importance of decentralized management, they believe that the transition to it should be gradual. Thus, the Treasury started working in early 2021. Currently, it receives revenue generated by Axie Infinity and is managed by AXS holders.

Where to Buy Axie Infinity (AXS): Switchere Exchange

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.

How to buy AXS with USD? At Switchere, you can buy crypto for fiat money or swap crypto for crypto. In addition to traditional purchases with a bank card, you can use alternative payment methods available (SEPA, SOFORT, M-Pesa, Asian local banks).

Here is an easy step-by-step guide on buying AXS at Switchere!

  • Visit our website and log in to your account.
  • Choose the currency pair for exchanging, enter the amount and your AXS wallet address.
  •  Check the transaction details and click on the ‘Make Payment’ button.
  • Enter your card details and click on the ‘Pay Now’ button. Please take into account that you have a limited amount of time to send your funds. Elsewise, the transaction will be canceled automatically.
  • Once you send the funds and your transaction receives the required number of blockchain confirmations, the amount of purchased AXS will be sent to your provided wallet address accordingly. Click on the ‘Show Order Status’ button to check the status of your transaction.
  • Congratulations! The transaction is completed, and now you can check your AXS wallet.

Usually, Switchere transactions take 5-30 minutes. If you have any troubles with the exchange process, let us know at [email protected]

Conclusion

Axie Infinity has huge potential — users agree that the gameplay is thrilling and exciting, contributing to the introduction of blockchain into everyday life. Obviously, the company will not stop there, and a large community actively supports it and is waiting for updates.

Do you play Axie Infinity? Feel free to share your experience in the comments below!

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