How & where to buy Axie Infinity (AXS) online

Axie Infinity is a blockchain-based game that’s taking the world by storm. This guide explains everything you need to know about it and shows you where to buy the coins.
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Updated: Jun 28, 2022
Tip: our preferred broker is, eToro: visit & create account

Here we cover the basics of what Axie Infinity is and how it works, then give you the lowdown on how to pick the right time to buy and how it might perform in the future.

What are the best exchanges to buy Axie Infinity on?

Follow the links in the table below to get AXS coins right away. These are the best platforms as chosen by our experts and you can go to their website and sign up now if you’re ready. Otherwise, keep reading to learn more about Axie Infinity first.

1
Min. Deposit
$ 10
Promotion
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 0
Promotion
User Score
9.5
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Payment Methods:
Full Regulations:
3
Min. Deposit
$ 1
Promotion
User Score
9.8
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Payment Methods:
Full Regulations:

How to buy Axie Infinity online – a step-by-step guide

Step 1. Find an exchange

The best place to buy Axie Infinity tokens is on an exchange platform. Exchanges are live crypto marketplaces that offer coins at the market rate. They’re a great place to find any relatively small cryptocurrency and almost always have the best prices for any coin.

Here are the two best exchanges that offer Axie Infinity right now:

  • Binance: Binance is the most popular exchange platform in the world and it offers lots of different ways to get Axie. It also has its own academy packed full of information to help beginners get started. Sign up for Binance now >
  • KuCoin: KuCoin is another platform that specialises in altcoins. It has more than 250 coins available and you can fund your account with a variety of payment methods, including things like PayPal. Join KuCoin today >

Step 2. Sign up and fund your account

Before you can buy anything on an exchange you need to create an account. It’s simple to do so, just have some contact details and a form of ID to hand. Then you need to deposit money into it. It’s best to use a bank transfer or a card to do so but some platforms let you use alternative methods like PayPal, although it costs more to do so.

Step 3. Purchase

Search for Axie Infinity using its ticker symbol, AXS, when you’re signed into your exchange account. The search results will include all the different ways you can pay for your new coins. Binance has the biggest range of options available, including AXS in pairs along with Bitcoin, Binance coin, and Tether.

What that means is there isn’t a way to pay for AXS tokens with fiat currency (like GBP or USD) just yet. That’s quite normal for smaller cryptocurrencies and it just means that you need to deposit fiat currency and then swap that for one of the coins listed above first, and then you can swap that for AXS.

Step 4. (Optional) Get a suitable wallet

The final step is to decide where to store your new coins. Leaving them on the exchange is perfectly fine if you don’t intend to do anything with them but a wallet offers a more secure mode of storage. A crypto wallet is like a banking app that protects your money behind a password.

Here are two of the top wallets around:

  • Ledger Nano S: The Ledger Nano S is a hardware wallet, which means it stores your coins on an offline device. In this case, it’s like a USB stick that you can access by plugging it into your computer. Get the Ledger Nano S now >
  • CoolWallet: CoolWallet is a hardware wallet with a twist: you can manage the coins from your phone because the app connects to your wallet device via bluetooth. Sign up for CoolWallet today >
1
Min. Deposit
$ 1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
Credit Card, Debit Card, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full Regulations:

How to trade Axie Infinity – a step-by-step guide

Step 1. Find a broker

Trading Axie means finding a broker that charges low fees. You want to make lots of moves every day in order to profit from small price fluctuations, and high trading fees can eat into your capital very quickly. eToro is one of the best brokers to try first.

Step 2. Deposit money

To use a broker you have to create an account and fund it first. Setting up an account is easy, and usually only takes a few minutes. You should deposit money via bank transfer or a debit/credit card if possible. If you want to use any other method it’s best to check the platform supports it before signing up.

Step 3. Decide how you’d like to trade

Contracts for difference (CFDs) are the most popular way to trade. These are contracts that represent the price of an asset and which are designed for day trading strategies. You buy or sell a contract and then make a profit based on the difference between that price and the one when you close the position. You don’t ever take ownership of any coins yourself.

Step 4. Start trading 

Before you dive into the real market, it can be worth starting with a demo account. Your broker should offer one in the settings and it’s simply a means of trading with ‘virtual’ money first to get used to how everything works.

Then you should use this article along with your own research to try to predict how AXS might perform. You can take a long (buy) or short (sell) position accordingly.

Ultimately, you can start adding more advanced strategies into the mix as well. One of those is leverage, where you put down a small deposit and borrow money from your broker in order to make trades many times what you could normally afford. This is extremely risky and not recommended for beginners but it can lead to big wins if you get it right.

1
Min. Deposit
$ 10
Promotion
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Still undecided?

To help you come to a final decision about whether Axie Infinity is for you, here is a summary of the main pros and cons of the coin. Then read on to go over the best time to invest and what the future might look like.

Pros

  • 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 gives you the opportunity to shape the game’s direction

Cons

Finally, here are three more things to think about before you invest in Axie.

1. Is it a good time to buy Axie Infinity?

It could be for long term investors who want to get in on the ground floor of a growing blockchain gaming sector. Otherwise, it depends on what you intend to use the coins for. If you want to get involved in the game itself, you can start earning coins right away simply by playing. 

For those with a more short term approach based on quick trading, there are more things to consider. You need to study the current price to see if it represents an opportunity, and use trading indicators to guide your strategy. Alternatively, you can use the most up to date research by our crypto analysts to help you:

2. What problem does Axie Infinity solve, and what are the coin’s investment prospects?

It creates a whole new gaming experience based on a ‘play to earn’ model. Although it comes with a high upfront cost, it offers players the chance to earn money depending on how good they are and how much they play the game. It also has its own NFT marketplace where creators can design their own characters and sell them to other players for real money.

The immediate prospects look good, and Axie’s popularity is demonstrated by how much some of those characters have sold for. They regularly go for hundreds of thousands of dollars, while recent additions to the game include the ability to buy and sell land as NFTs as well. In February 2021 a piece of (virtual) land sold for $1.5m.

Axie Infinity has already proven itself to be one of the biggest revenue generators in cryptocurrency. But the ability to keep attracting new players is the real challenge: has everyone interested in the game already joined, or can it keep growing? And what happens if competitors spring up to draw users away? Keep track of the answers to those questions by following the latest news below.

Axie Infinity price made a strong comeback as investors cheered the latest initiatives by the developers. The AXS token rose to a high of $28.26, which was the highest level since May 9th this year. It has risen by more than 44% from the lowest level in May, bringing…

3. Do you want to hold Axie Infinity for the long term?

Axie is designed to be a coin that you hold for a while and part of its development includes offering more rewards to those who own it. However, that approach isn’t for everyone, and below we have pulled together some final considerations for each different type of investor.

Considerations for a long term investment strategy

If you expect Axie’s popularity to keep growing then you should look to get some coins right away. Sign up for an exchange that offers AXS and then think about using a wallet to store them safely.

Considerations for a short term trading strategy

A short term approach is based on being an active trader who opens and closes a lot of positions every day. The best way to succeed is to find a broker with low trading fees and then spend time analysing price charts to pick out the best buy and sell opportunities.


Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.