Looking to buy Axie Infinity?

Learn how to buy and sell Axie Infinity now – we’ll go through the top trading platforms and provide some AXS price predictions for 2022 in this article.

Over the last two years, the cryptocurrency industry has exploded. Axie Infinity has benefitted from this, increasing 39,000 percent since its creation in 2020 and remaining a popular cryptocurrency in 2022 because to its ties to the NFT sector.

If you want to get a piece of this fast-growing industry, Axie Infinity may be the right investment for you and can get more detail at axie infinity news. We’ll take a deeper look at Axie infinity in this post, covering its price history and a forecast for the future. We’ll also talk about some of the top brokers for trading Axie Infinity.

The Top 3 Places to Buy Axie Infinity

Due to its strong growth and popularity, Axie Infinity is accessible on most cryptocurrency exchanges. However, to save you time and effort, we’ve put together a list of our top three best brokers for trading Axie Infinity.

1. eToro – By far the finest broker for trading Axie Infinity.

2. Binance — The biggest cryptocurrency exchange in the world.

3. Coinbase – allows you to trade over 100 different cryptocurrencies.

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In 2022, where should you get Axie Infinity?

Now that we’ve taken a short glance at each cryptocurrency broker, let’s take a closer look at their pros and downsides, fees, and crucial features.

eToro

eToro is our top broker recommendation. By visiting their website or using their smartphone app, you may quickly and easily open an account with eToro. One of the best things about eToro is that all non-leveraged transactions have no commission. Investors may choose from over 2000 financial assets, including 30 cryptocurrencies, on the site. Furthermore, it is FCA-regulated, which ensures secure trading.

Copy and social trading are also supported by the platform. Investors may quickly connect with eToro’s 30 million other users to exchange trading tips, thoughts, and views via social trading. Investors may imitate some of eToro’s best-performing portfolios via copy-trading.

Simply go to the website or app and follow the steps to create an account. To validate and fund your account, you’ll need to fill out some personal information. A variety of payment options are available, including bank transfer, credit/debit card, and e-wallets like Paypal and Skrill.

Cryptoassets are an unregulated, extremely volatile investment commodity. There is no investment protection in the United Kingdom or the European Union.

Binance 

Binance is the second broker we recommend. It is also the world’s biggest crypto exchange, making it one of the finest sites to acquire Axie Infinity cryptocurrency. This implies that investors will have access to over 500 different cryptocurrencies. It also provides 24-hour customer service with a dedicated customer hotline, which you may contact if you have any problems with your account.

To create an account, go to the Binance website or download the Binance app on your smartphone. Simply follow the onscreen instructions from here. Binance also has more complex trading tools, which are useful for more experienced traders who want to do trend analysis.

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Coinbase

Coinbase is our third-best broker for purchasing Axie Infinity. It’s a wonderful alternative for new investors because of its straightforward, easy-to-use layout. It’s also accessible on IOS, Android, and the PC. To create an account, go to the website and fill out basic personal information.

Coinbase has substantially higher costs than eToro, which investors should be aware of. Each party of a deal has a commission of 1.49 percent. Furthermore, when compared to Binance, customer service is substantially lower.

What is Axie Infinity?

Axie Infinity is a multiplayer game based on non-fungible tokens (NFTs). It’s well-known for its online economy, which makes use of Ethereum-based tokens that users may exchange with one another. The Ethereum coins used to fuel the game are called Axie Infinity Shards (AXS). AXS tokens may be used to collect prizes for staking and voting in governance votes in addition to powering the online game.

Is it a good idea to invest in Axie Infinity?

Utility in the game

The usefulness of the token in powering the game is one feature that makes Axie Infinity a suitable investment possibility. There are presently approximately 2.8 million daily participants in the game, with a total of $3.6 billion in AXS transacted. AXS coin’s value may climb as these numbers grow. Users who own AXS Coin have a direct voice in how the game is conducted and how it will be governed in the future.

Risks associated with cryptocurrencies

Before investing in any cryptocurrency, investors should be aware that the market is very volatile. Another thing to keep in mind is that cryptos often follow Bitcoin, which works as a market proxy. This implies that, although Axie may be doing well, Bitcoin may be stifling its expansion.

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The Final Word

Even with the turbulent crypto market, it appears reasonable to assume that AXS Coin might be a good long-term investment. This is due to its practical value in powering a game with a rapidly rising user base.

Price of AXS

AXS Coin is currently valued at £50.69. This week’s increase was about 35%. AXS Coin has increased by almost 7000 percent in the last 365 days.

Price Prediction for Axie Infinity

Due to the extreme volatility of the markets, predicting the price of any cryptocurrency is difficult. Given AXS Coins’ optimistic history and promising real-world usefulness, it seems that it might be an excellent long-term investment.

Furthermore, almost 76 percent of Coinbase users voted it a purchasing opportunity, indicating that the coin’s market sentiment is strong. Furthermore, it is down more than 150 percent from its all-time high of £122. This offers a lot of potential for future expansion. As a result, the present AXS price may be an excellent entry opportunity for new investors.

Conclusion

With crypto markets on the upswing, now might be a good moment to add Axie Infinity to your cryptocurrency portfolio. It also has a lot of real-world usefulness, so it may be a long-term winner.

We propose eToro.com if you’re seeking for a good wallet and broker to trade Axie infinite with. This is due to the fact that it has a user-friendly interface and is well-regulated.

At eToro, you may purchase Axie Infinity Shards.

Cryptoassets are an unregulated, extremely volatile investment commodity. There is no investment protection in the United Kingdom or the European Union. Your money is in jeopardy. Furthermore, while trading CFDs with this supplier, 68 percent of retail investor accounts lose money. You should think about whether you can afford to take such a significant risk with your money.

More To Read:
Looking for the most popular NFT game: Axie Infinity
Looking to make money from Axie Infinity?

Looking to make money from Axie Infinity?

Looking to make money from Axie Infinity?

Imagine being able to make money — a lot of money – while playing a Pokémon-style game.

Axie Infinity is part of a new gaming trend known as “play-to-earn,” which merges cryptocurrencies with gaming.

The Phillippines, whose economy was especially hard hit by the Covid-19 outbreak, saw the Axie Infinity craze take up. Due to the lockdown, many people resorted to axie infinity coin price as a source of revenue – and have continued to play-to-earn after the restrictions were restored.

But how does axie infinity coin price operate? What are the potential dangers for gamers?

What is Axie Infinity?

Axie Infinity is a digital pet community where you may purchase animals known as Axies and use them to fight, explore, and mate with other Axies. It was created by the game firm Sky Mavis and operates on the Ethereum cryptocurrency. Although the game has an 18+ classification, it is aesthetically enticing to younger children due to its Pokémon-style design and lack of a clear age-verification mechanism.

To begin, you must first purchase three Axies using Ethereum. The first purchase of these Axies might cost up to $1,500 (£1,115) in bitcoin. Axie is presently working on a lower-cost version of the game, which might be offered for download in the App Store or Google Play Store for free. Learn more tips on how to play axie infinity on iphones.

Sky Mavis has created its own digital wallet, Ronin, which is compatible with axie infinity coin price. After you’ve connected your Ronin wallet, you’ll be able to buy Axies using it.

There are two major methods to play the game, both of which require you to hunt for two separate assets. Smooth Love Potion (SLP) is one of them. SLP is earned by completing daily missions and playing adventure games or arena matches. SLP is a resource that can be used to breed Axies in an infinite amount.

AXS tokens are the other resource. There are only 270,000,000 of them available in the game. AXS is a cryptocurrency based on Ethereum. AXS token holders have governance rights in the game, which means they may make choices concerning the game’s future. They may be able to buy out Sky Mavis and operate a truly decentralized economy in game if this trend continues.

In the game’s universe, dubbed Lunacia, players may also buy virtual pieces of land.

You may either sell your Axies for AXS tokens or search the game for these tokens. These may then be converted to fiat money, such as the British pound.

NFTs and axies

An Axie is a non-fungible token (NFT). Non-fungible refers to anything that cannot be replaced. You own the unique URL that describes an NFT if you purchase one. Even if someone took a screen capture of your NFT, they wouldn’t be able to change its unique data identity.

Even while you’re not playing, axie infinity coin price allows you to possess that character as the owner of the NFT.

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Scholars, bosses, and guilds

Using Axie Infinity’s managers and scholars system is one method individuals have avoided the hefty price of enrolling.

Managers are people who have either been playing the game from its inception or who have amassed a significant collection of Axies thanks to their money.

Managers donate their Axies to players that are unable to pay the full purchase price. These academics then use their borrowed Axies to play the game, earning SLP and AXS tokens in the process. In exchange, the management requests a percentage of their earnings. This might range from ten percent to sixty percent.

Managers and their scholars may create ‘guilds’ with other management and scholar teams to tackle more difficult tasks.

As consumers see it as the most cost-effective option to join Axie Infinity, applications to become a scholar have grown in popularity.

Is there anything more you need to know?

Variation in value

It’s vital to understand, as with any cryptocurrency-related enterprise, that the value of your currency or NFT might fluctuate dramatically. If the game fails or the value of AXS tokens or Ethereum falls, Sky Mavis is not liable for any money you lose.

It’s possible to invest a significant amount of money into the game only to discover that the worth of your Axies has dropped and they are no longer as lucrative as they once were.

Looking to make money from Axie Infinity?

Restrictions on age

Although Axie Infinity is labeled 18+, there is no age verification. When you join up for Axie, you do it using your cryptocurrency wallet, and the suggested wallet, MetaMask, allows users under the age of 18 to do so with parental authorization. This is likewise true of other cryptocurrency wallets. If you’ve let your kid to open one of these wallets, keep in mind that they might simply join up to play the game.

Children should not play Axie Infinity because they are especially susceptible to being exploited by other gamers and may not fully comprehend the ramifications of spending ‘real’ money.

Axie Inifinity’s manager/scholar model is a simple method to earn a lot of money without leaving your house – in theory, at least – but it’s currently too costly to even join the game unless you enroll as a scholar.

Playing Axie Infinity does not guarantee a job. While some managers care about building a community, others are more concerned with making a profit. You may end up earning less than minimum wage if your boss demands for a share of more than half of your earnings from playing.

Scholars are often in unstable circumstances, and a profit-driven management might take advantage of this. Children who have circumvented the age limitations would likewise be considered vulnerable gamers.

So, what’s next?

Gaming can be a highly rewarding job if you’re willing to put in the time and effort, as we’ve seen with Esports players. However, axie infinity coin price is unique because it makes use of bitcoin, which is notoriously volatile.

Ensure that your kid does not use Axie Infinity until they become 18, since they might lose a lot of money or be exploited by other gamers or scammers.