Buy Axie Infinity (AXS)
What is Axie Infinity (AXS)?
Axie Infinity is a blockchain-based game in which players buy NFTs of cute monsters and can use them to compete against each other. The popular game Pokémon inspired the creators of Axie Infinity in its development. The crypto currency Axie Infinity Shard (AXS) is Axie Infinity's native governance token. This is a type of token that, for example, gives you the right to vote on decisions in the future of the coin.
Axie Infinity is a play-to-earn game, meaning you can earn money by playing it. For example, as you develop your Axie you can raise NFT to a higher value or by winning battles you can earn SLP (Smooth Love Potion). This is a cryptocurrency token that you can trade to other crypto or Fiat currencies. You can play with your Axies against the computer or compete live against people over the Internet. Axie Infinity itself runs on the Ethereum blockchain with help from Ronin, a sidechain that ensures costs and transaction delays are minimized. All in-game items are also on this blockchain and are traded as NFTs (Non-fungible tokens) in a marketplace on the platform.
But how can you go about playing Axie Infinity? The game itself you play on PC, Mac, Android or iOS. To get started with Axie Infinity, you first need three Axie NFTs to assemble a team. You can purchase these via a Ronin wallet. Through Anycoin Direct it is therefore not (yet) possible to play the game, but you can buy investment tokens AXS. As the game grows, it is likely that the price of AXS will also rise. Investors in this token therefore have hope in the future of the game Axie Infinity.
How can I store Axie Infinity?
Axie Infinity is easy to buy from Anycoin Direct by using the Anycoin Vault. Here you pay less transaction fees, your coins are stored securely and you can also trade them easily and quickly with other coins. Because you can currently only store Axie Infinity in the Anycoin Vault, it is not possible to purchase Axie NFTs from here and thus actually play the game.
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Why buy Axie Infinity with Anycoin?
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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
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Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
Extra information about Axie Infinity (AXS)
How can I store Axie Infinity?
You can store your Axie Infinity tokens in our Vault. Here your tokens can also be found in a well organized environment. From the Vault you can easily buy, sell and swap any cryptocurrency we offer for another cryptocurrency.
Can I buy Axie Infinity with iDEAL?
Yes, you can buy Axie Infinity with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.
Do you need to buy a whole Axie Infinity?
You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.
Is it safe to buy Axie Infinity?
Yes, buying Axie Infinity is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy Axie Infinity safely with us with a wide range of payment options.
Is Axie Infinity legal in the UK?
Yes, Axie Infinity is legal in England. You don't have to worry about the legality of buying Axie Infinity.
Do I have to pay taxes on my cryptos?
Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.
Can I buy Axie Infinity anonymously at Anycoin Direct?
No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.
Can I do a business transaction with Anycoin Direct?
Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.
Who are the founders of Axie Infinity?
The initial development of Axie Infinity began in 2017, when a team led by co-founder and CEO Nguyen Thanh Trung, Tu Doan, Aleksander Larsen, Jeffrey Zirlin and Andy Ho was brought together. Nguyen had previously invested money in the game CryptoKitties before he began working on his own blockchain-based game. CryptoKitties is very similar to Axie Infinity, but founder Nguyen used this game as inspiration combined with Pokémon gameplay. In October 2018, the development team released Axie Infinity's first combat system. After this, the platform grew with a real-time map battle system and an app being launched in 2019. Sky Mavis launched the Ronin wallet in February 2021. As mentioned earlier, this system ensured that transactions were expedited and gasfees became cheaper.
What can Axie Infinity be used for?
Unfortunately, it is not (yet) possible to store AXS tokens in a personal wallet. Because of this, it is not possible to participate in the game yourself. It is important to know that if you want to play this game at all, you will need three Axies. As of July, the average Axie costs $460.92, but that includes the rare Axies which makes the average higher. Axie Infinity, on the other hand, can also be seen as an investment. The value of the token can increase due to, for example, an increase in users or popularity of the coin itself. In addition, as an AXS owner, you are in possession of a native governance token, which allows you and the other AXS owners to determine the future of Axie Infinity.
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