Axie Infinity

axs

Axie Infinity Price

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Axie Infinity koers

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Axie Infinity

What is Axie Infinity?

Axie Infinity is a blockchain-based game developed by Sky Mavis, where players can earn in-game rewards by participating in various activities, such as breeding, raising, battling, and trading digital pets known as Axies. Each Axie is represented as a non-fungible token (NFT), which means they have unique attributes and can be bought, sold, or traded in the marketplace. The game operates on the Ethereum blockchain, allowing players to truly own their in-game assets.

How does Axie Infinity work?

The mechanics of Axie Infinity revolve around player interaction with the game’s ecosystem through the procurement and management of Axies. Here’s a breakdown of the key elements of how Axie Infinity operates:

Axies: Players start by acquiring Axies, which can be purchased from the marketplace or bred from existing Axies. Each Axie has distinct traits, abilities, and aesthetics, making certain Axies rarer and more valuable than others.
Gameplay: In Axie Infinity, players engage in battles against standard opponents or other players. Winning battles rewards players with experience points and other in-game currency.
Breeding: Axies can be bred to create new Axies, allowing for potential genetic combinations that might yield rare traits or abilities. Each Axie can breed a limited number of times.
Land Gameplay: Players can buy, develop, and use land within the Axie Infinity universe, known as Lunacia. Land contributes to potential earnings through resource gathering and other in-game features.
Currency: Axie Infinity utilizes two primary tokens: AXS (Axie Infinity Shard) and SLP (Small Love Potion). AXS functions as a governance token, while SLP is primarily used for breeding Axies.

What should you know before buying Axie Infinity?

Before investing in Axie Infinity, consider the following factors to ensure an informed decision:

Understand the Costs: Acquiring Axies can be costly, especially for rare ones. It’s essential to have a budget and be aware of the marketplace prices.
Market Volatility: The cryptocurrency market, including Axie Infinity, can be highly volatile. Prices for Axies and in-game currencies can fluctuate significantly.
Technical Knowledge: Familiarity with blockchain technology and cryptocurrencies is beneficial, as managing Axies requires a digital wallet and understanding of how to interact with the Ethereum blockchain.
Community Engagement: Axie Infinity has a vibrant community. Engaging with other players can provide insights, strategies, and camaraderie, enhancing your gaming experience.

Why do people add Axie Infinity to their portfolio?

Investors and players include Axie Infinity in their portfolios for several reasons:

Potential for Profit: The ability to earn by playing the game appeals to many, as players can generate income through battles, breeding, and trading.
Unique NFTs: The Axies are unique NFTs that can appreciate in value over time, similar to how art or collectibles might appreciate.
Diversification: Including Axie Infinity as a digital asset diversifies investment portfolios, particularly for those focused on blockchain and cryptocurrency opportunities.
Innovative Ecosystem: The Axie Infinity platform is continuously evolving with new features, expansions, and collaborations, attracting investors looking for growth potential.

How do you manage Axie Infinity yourself?

Managing Axie Infinity effectively requires both strategic gameplay engagement as well as proper asset management. Consider the following tips:

Continual Learning: Stay updated with the game mechanics, market trends, and community discussions to adapt your strategies effectively.
Asset Management: Track your Axies and other in-game assets. Assess their performance and trade when the market conditions are favorable.
Participate in the Community: Engage in forums and social media platforms related to Axie Infinity. Sharing experiences can lead to valuable insights and strategies for improving your gameplay.
Risk Management: Be cautious with your investments. Set limits and avoid investing more than you can afford to lose, given the unpredictable nature of the cryptocurrency market.

Axie Infinity buy with iDEAL

To make Axie Infinity purchase even easier, iDEAL is a service that allows you to buy crypto such as Axie Infinity with your bank account. Instead of doing this through a separate website, iDEAL works together with other payment methods in the Knaken app so you can jump straight into Axie Infinity. Before buying Axie Infinity with iDEAL, it’s helpful to first check the Axie Infinity price. Here are the steps to take to purchase Axie Infinity with iDEAL:

Open an account with Knaken: create an account at Knaken and complete the verification process.
Buy Axie Infinity from the dashboard or via the app: Click 'buy' next to Axie Infinity on the dashboard and purchase Axie Infinity with iDEAL.
Manage your Axie Infinity: check your balance and the live Axie Infinity price on your dashboard.

Once you know these steps, you'll see that buying Axie Infinity with iDEAL can be safe and simple.

Best Axie Infinity price

The price of Axie Infinity is constantly fluctuating and is influenced by various market factors. It's important to always keep an eye on the current price before deciding to invest. At Knaken, you are assured of one of the best Axie Infinity prices on the market, thanks to their transparent prices and low transaction fees. This way, you always know you're paying a fair price, whether you’re buying or selling Axie Infinity.

Safely storing your purchased Axie Infinity

Once you have bought your Axie Infinity, you need to take extra steps to secure your coins. A safe place to store your Axie Infinity is in a 'non-custodial' wallet. However, it's important not to confuse these wallets with the wallet address you have on the blockchain. Blockchain wallet addresses are the public addresses people use to send and receive Axie Infinity. All Axie Infinity wallets also have a private address, represented by the private keys. With these private keys, you can access that Axie Infinity wallet anywhere. Exchanges are the ones who hold the private keys for their Axie Infinity wallets, making them 'custodial wallets.' Non-custodial wallets are those where only you have access to the keys. Generally, a hardware wallet with a private key is the best place to store your Axie Infinity. The hardware wallet takes the coins offline, so transactions can't request the coins in your wallet. Transferring Axie Infinitys to a hardware wallet is similar to sending Axie Infinity to someone else. Once you have the public address of the hardware wallet, you send your Axie Infinity to that wallet and pay the transaction fees. Once the Axie Infinitys are transferred to the hardware wallet, you can disconnect it from the internet and know that your Axie Infinitys are now safe. It’s important to keep your wallet, private key, and login information in a secure place to prevent theft. It's also important not to lose your wallet, private key, and login information. If you do, you may not be able to access your Axie Infinity. If you don't want to worry about this, you can store your crypto in your Knaken account.

Buy Axie Infinity with iDEAL

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More information about the Axie Infinity price

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FAQ

Make sure you have an account with Knaken. You can register in the app or on the registration page. Then verify your personal details, and you're ready to buy Axie Infinity. You can select Axie Infinity in the app or web portal, choose an amount, and pay directly using iDEAL, for example.

Yes, at Knaken, you can easily buy Axie Infinity with iDEAL, Credit Card, or Bancontact. Check all the options on our fees page

You can find the current price of Axie Infinity at the top of this page.

At Knaken, we believe it\'s important to be as transparent as possible about the fees charged to our customers. You can view these fees for each purchase or sale of Axie Infinity. Check out our fees on our fees page.

At Knaken, safety comes first. For years, we have ensured that you can not only buy crypto safely on our platform but also store it securely.

Search for Axie Infinity in the app or web portal and select “deposit” in the options. You will see the deposit address where you can send the crypto. Make sure to deposit Axie Infinity from a verified wallet address with Knaken.

If you prefer personal assistance, you can sign up for our free transfer service.

Yes, search for Axie Infinity in the app or web portal and select the withdraw button in the options. Note that you can only withdraw Axie Infinity to a verified wallet address.