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.
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 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 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.
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.
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.
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.