Axie Infinity (axs)
Axie Infinity ()
Axie Infinity ()
5 Reasons to Buy Axie Infinity in India
– Axie is an ERC-721 NFT (Non-Fungible Token) that people play within the game.
– It is an ERC-20 token and harnesses the power of Ethereum Blockchain.
– It has a market share of more than $4.5 Billion.
– AXS is the native governance token of the Axie Infinity ecosystem.
– It has a maximum supply of 270 million AXS coins.
What is Axie Infinity?
Axie Infinity was founded in 2018 by the developer, Sky Mavis, and his team, who all are skilled in game development.
It started with the aim of providing a battle game where users could collect digital pets. Axie Infinity is a trading and battling game that hosts Axies, which can be traded, raised, and used for battle in the game. Each Axie has four different stats: Health, Morale, Skill, and Speed; and comprises six body parts: back, ears, eyes, horns, mouth, and tail.
Some of the most expensive Axies were sold for as high as 300ETH!
3 Things to know while Investing in Axie Infinity (axs)
– AXS token holders will be able to stake their tokens to earn rewards on the platform.
– Users holding the AXS tokens can also buy land, Axie, or sale items.
– It is gaining a lot of popularity, with more than 100,000 unique users registering on Axie Infinity weekly.
Axie Infinity could be bought directly through Peer to Peer (P2P) trade. There is also an option for buying cryptocurrency from decentralized exchanges or from someone who holds AXS coins. However, decentralized exchanges are complex to understand with such difficult functionalities, and it would be a worrisome task to find a trustworthy seller who can provide you the desired cryptocurrency. The reason why this is only chosen by pro traders.
If you are new to the world of cryptocurrency, you might want to take the easiest route: Download CoinSwitch Kuber!
You can buy Axie Infinity in just 4 stages on CoinSwitch Kuber:
- Open the CoinSwitch Kuber app, click on the Market tab from the bottom navigation and select Axie Infinity.
- Click ‘Buy’.
- Enter the figure that you would like to buy Axie Infinity for, and click on the ‘Preview Buy’ button
- Confirm all the details and proceed by clicking ‘Buy.’
Congratulations, you just bought your first Axie Infinity!
Most of the cryptocurrencies are still in the development stage, with their prices changing almost daily. Being in the evolving stage, the prices can surely rise in the coming years, and you would regret not buying it at low prices.
Instead, you can start investing small amounts periodically and balance the opportunity and risk. Start investing in Axie Infinity for as low as ₹100
There is no available answer to invest in assets because the value increases over time. If you keep on looking for the opportunity to buy the coin at lower prices, you might be missing the opportunity of gaining returns. It’s recommended to start investing from Day 1.
You can start with small amounts and invest them periodically; however, you can always choose to invest a lump sum amount when Axie Infinity (AXS) is available at lower prices.
Axie Infinity could be bought on numerous platforms but what differs is the experience and process that can be a tiresome job. Just as some food aggregators will allow you to buy it with just a single click, while some will make it a hectic task.
The available cryptocurrencies apps are complex to use and make your buying experience a nightmare. However, CoinSwitch Kuber provides peace of mind by allowing you to buy cryptocurrencies with ease.
Disclaimer :The content of this article is for informative purposes only. It is not intended as a substitute for investment/ financial advice. If You decide to act upon this information, You shall do it at your own risk. While such video/ article has been verified, it depends on third-party sources too, and CoinSwitch Kuber does not guarantee that there are no mistakes or errors nor does CoinSwitch Kuber represents the views presented in such article to be it’s own.