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- 1. How & where to buy Axie Infinity (AXS) online
- 2. How to buy Axie Infinity instantly in 3 simple steps
- 3. Where to buy AXS easily
- 4. Best exchanges to buy Axie Infinity (AXS), reviewed
- 5. How to trade AXS
- 6. What is the best way to pay for Axie Infinity (AXS)?
- 7. How do I store Axie Infinity (AXS)?
- 8. Is Axie Infinity (AXS) a good investment?
- 9. Is now a good time to buy Axie Infinity?
- 10. FAQs
How & where to buy Axie Infinity (AXS) online
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9/1082% of retail CFD accounts lose money.
Axie Infinity tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Axie Infinity this way. Follow our quick step guide below.
How to buy Axie Infinity instantly in 3 simple steps
Copy link to sectionTo buy Axie Infinity you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to eToro
Copy link to sectioneToro is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.
77% of retail CFD accounts lose money.
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.
Step 3. Buy Axie Infinity token
Copy link to sectionType AXS into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.
Now you own Axie Infinity tokens! It’s as simple as that.
Where to buy AXS easily
Copy link to sectionThe overall best exchange to buy Axie Infinity token for beginners is eToro . Axie Infinity is also available on lots of other cryptocurrency exchanges.
Here are the top three places to buy Axie Infinity, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
77% of retail CFD accounts lose money.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Axie Infinity (AXS), reviewed
Copy link to section1. eToro. Best for beginners, copy-trading & demo-account
1500
No. assets
$10
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.
77% of retail CFD accounts lose money.
2. Uphold. Best for building long term wealth
...
No. assets
$1
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love Uphold because it’s a regulated and transparent digital asset platform. There are 160+ cryptocurrencies available to hold and trade, along with three fiat currencies; GBP, EUR, and USD.
Uphold’s key features include the ability to schedule transactions to avoid trying to time the market. With a focus on long term wealth building, Uphold also offers the ability to earn rewards of up to 25% on staked crypto, as well as 4% cashback paid in XRP for purchases made with the Uphold card.
The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.
3. OKX. Best for futures and margin trading
...
No. assets
$50
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools.
From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.
The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.
4. Nexo. Best for earning interest & rewards
...
No. assets
...
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.
You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest.
The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee.
5. KuCoin. Best social trading altcoin exchange
1
No. assets
...
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.
KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.
The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.
How to trade AXS
Copy link to sectionYou can trade Axie Infinity on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how AXS crypto trading works:
- Monitor the price: Let’s say the price of AXS/USDT is $1. You read the price charts and decide that now is a good time to start purchasing AXS.
- Open a trade: You trade one USDT for one AXS ($1 for 1 AXS).
- Continue to monitor the price: The next day, one AXS token is now worth $2, a 100% increase.
- Close your trade: You trade your AXS token back to USDT for $2.
In this example, you buy and sell Axie Infinity, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.
77% of retail CFD accounts lose money.
What is the best way to pay for Axie Infinity (AXS)?
Copy link to sectionThe simplest way to buy Axie Infinity cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for AXS.
- Buy Axie Infinity with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Axie Infinity with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).
- Buy Axie Infinity with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Axie Infinity (AXS)?
Copy link to sectionMost people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Axie Infinity then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Axie Infinity wallets to use are MetaMask and the Ledger Nano S.
Is Axie Infinity (AXS) a good investment?
Copy link to sectionWhether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Axie Infinity and its token to help you decide whether to invest in AXS.
- It’s a gaming platform based on a ‘play to earn’ model. Axie Infinity provides an innovative gaming experience by letting players earn real money through their skills in its game. Users can engage in various activities, such as battling other players and participating in different events, while earning rewards earn rewards in the form of AXS tokens.
- You can earn more AXS by playing for longer. Players can earn money by participating in battles and events and selling their own NFTs in the game’s marketplace. This creates a system where the more time and effort a player puts into the game, the more they can earn.
- It has an NFT marketplace. Axie Infinity has its own NFT marketplace, where players can design, create, and sell their own avatars and virtual land for real money. This marketplace also creates a new level of scarcity and rarity, as a limited number of characters and virtual land can be made. All transactions take place in AXS tokens, meaning the more it is used, the more valuable tokens become.
- Axie is a popular platform. Axie Infinity has quickly become one of the most popular platforms and some users have sold characters and land for millions of dollars. This is a testament to the popularity and success of the platform and the potential for earning it provides to players.
- It needs to attract new users to grow. Its long-term success depends on its ability to attract new players. This can be a challenge in a highly competitive market. Still, Axie Infinity has taken steps to address this, such as offering a tutorial for new players, creating partnerships with other gaming companies and hosting various events.
Use this quick summary of pros and cons to compare Axie Infinity with other, similar projects.
Pros
Copy link to section- AXS is part of a thriving gaming community that keeps getting more popular
- It offers a unique way to earn cryptocurrency
- The more people that play the game, the more demand there is for the coin
- Owning AXS coins allows you to shape the game’s direction
Cons
Copy link to sectionUltimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.
How has Axie Infinity (AXS) performed this year?
Copy link to sectionThe current Axie Infinity price today is $10.62, which is 93.86% below its all time high of $166.09, which it reached on 06 November, 2021. AXS is up 76.67% this year, with a 52 week high of $74.84 and a 52 week low of $5.84.
Is now a good time to buy Axie Infinity?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, buying Axie Infinity, selling Axie Infinity, and trading AXS are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Axie Infinity.
- As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of Axie Infinity and its decentralised aggregator platform, then a good time to purchase Axie Infinity is on any major dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Axie Infinity and selling it the next day probably isn’t why you’re here either.
Regardless, closely following AXS price news & analysis will help you decide when to pull the trigger:
Latest Axie Infinity news
Copy link to sectionAXS soars 17% following Axie Infinity’s crypto game debut on Apple App Store
Interview: Gaming on the blockchain – sector has struggled but what next?
Axie Infinity’s AXS price steadies ahead of a $175M token unlock
AXS price forecast after team revealed progressive decentralization strategy
AXS price movement after release of batch of tokens to early investors and insiders
Axie Infinity creator Sky Mavis to stake 11.4 million AXS
FAQs
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