axs
Axie Infinity is a blockchain-based trading and battling game where players collect, breed, and battle digital creatures called Axies, similar to the mechanics of games like Pokémon and Tamagotchi. The game operates on the Ethereum blockchain and uses AXS, an ERC-20 token, as its governance token, giving players a role in its future development.
This coin is available on Newton.
AXS is highly integrated into the game’s economy, where players can buy and sell Axies or trade and stake tokens to earn rewards. Players can earn tokens like Small Love Potions (SLP) through gameplay, and AXS can be traded on various cryptocurrency exchanges.
As a governance token, AXS allows holders to vote on critical decisions about Axie Infinity’s development, shaping the future of the game. Players also use AXS for in-game transactions, such as breeding Axies or purchasing in-game assets.
Axie Infinity has created a new kind of digital economy where players can generate real-world value by participating in the game, with liquidity facilitated through the AXS token. This ecosystem fosters a unique connection between gaming and cryptocurrency.
The game’s growing popularity shows how Axie Infinity is not only a game but also an innovative way to engage with decentralized finance (DeFi) and NFTs, offering rewards while bringing fun and strategy to players worldwide.
In Axie Infinity, players collect Axies, digital creatures that can battle, breed, and even be traded, with each Axie being an NFT stored on the Ethereum blockchain. The game is built around strategic gameplay, where players use their Axies to compete in battles and earn rewards such as tokens.
Axies can be bought and sold on the marketplace, and their value is determined by their traits and rarity, which adds an element of strategy and investment. Players can also breed Axies to create new creatures with desirable traits, which can be sold for profit.
The game runs on the Ronin sidechain, which is designed to reduce the high transaction costs of Ethereum, making it more accessible for players to buy and sell Axies, trade tokens, and engage in breeding activities. The use of the Ethereum blockchain ensures that every Axie is a unique digital asset, giving players full ownership of their creatures.
Liquidity is a key factor in Axie Infinity’s economy, as players trade their tokens and Axies on the marketplace. AXS is used for a variety of transactions, including staking and governance, ensuring the long-term sustainability of the game.
Players can earn tokens through gameplay, which can be converted into real-world value, creating an income source for players, particularly in regions with economic challenges. The game combines fun, strategy, and financial opportunities into one immersive experience.
Trading Axie Infinity involves buying and selling Axie creatures or in-game assets on various platforms. Here’s how to trade Axie Infinity:
In Canada, you can purchase Axie Infinity by acquiring AXS or SLP tokens through cryptocurrency exchanges. Here’s how:
Axie Infinity uses its own native cryptocurrencies for transactions within the game. Here’s a breakdown:
To keep your Axie Infinity assets secure, you need to store them safely. Here's how to protect your Axies:
Axie Infinity offers several ways for players to earn through its play-to-earn model, allowing users to collect, breed, battle, and sell Axies while earning tokens. Players can use their earned tokens for in-game purchases or trade them for other cryptocurrencies.
Beyond gaming, Axie Infinity’s ecosystem opens doors for new opportunities in digital ownership and NFT trading. The game has inspired other projects like Axie Infinity, blending entertainment with financial gain in a decentralized environment.
The liquidity provided by AXS tokens allows players to enter and exit the game economy easily, buying and selling Axies or trading tokens. This creates a thriving marketplace where players can profit, making it more than just a game—it’s a platform for digital investment.
As a governance token, AXS enables players to influence the direction of Axie Infinity’s development, giving them a stake in the project’s growth and long-term success. This decentralization model ensures that the community plays a crucial role in shaping the game’s future.
With Axie Infinity’s expansion into other blockchain games, players can look forward to a growing digital economy, making it a potential stepping stone for broader adoption of blockchain and cryptocurrency technologies in gaming.
Axie Infinity was created by Sky Mavis, a Vietnamese game studio, and launched in 2018, inspired by the success of games like Pokémon and Tamagotchi. The game quickly gained traction by combining the fun of digital pet collection with the opportunity to earn real-world value through NFTs and cryptocurrency.
In 2021, the game’s popularity surged, fueled by the rise of the play-to-earn model and the increased interest in NFTs. Axie Infinity’s integration with the Ethereum blockchain and the launch of the Ronin sidechain addressed issues like high gas fees, enabling smoother and cheaper transactions for players.
As the game grew, Axie Infinity introduced new features like breeding and a fully player-driven economy, where users can buy and sell Axies and tokens like AXS. Despite facing challenges such as the highly volatile crypto market and a major hack in 2022, Axie Infinity remained a leader in the blockchain gaming space.
The platform’s governance model, powered by AXS, gave players a voice in the game’s future direction, allowing the community to steer development decisions. This decentralized approach further strengthened the project’s appeal among users who value digital ownership and autonomy.
Today, Axie Infinity is widely regarded as a pioneer in the blockchain gaming industry, offering a sustainable model where players can participate in a thriving digital economy, combining fun, finance, and gaming innovation.
Yes, your earnings from Axie Infinity can be converted to CAD. Here's how:
Axies are digital creatures that players use in the game to battle, breed, and collect. Here’s a deeper look:
Breeding in Axie Infinity allows players to create new Axies with specific traits. Here’s how it works:
Store your Axie Infinity (AXS) securely on Newton or in cold storage to keep your Axie Infinity safe from online threats. Prices are subject to market changes, so you may want to check the price of Axie Infinity regularly on Newton.
Axie Infinity allows AXS holders to stake their tokens in the Axie community governance system. Staking AXS enables token holders to vote on important decisions while earning rewards in return.
Use AXS to buy Axies, land, cosmetics, and other in-game assets within the Axie Infinity ecosystem. AXS serves as the key token for transactions in this play-to-earn blockchain game.
Sending AXS to other wallets is easy and efficient through its blockchain network. Transactions are low-cost, secure, and processed quickly for a seamless user experience.
Axie Infinity allows AXS holders to stake their tokens in the Axie community governance system. Staking AXS enables token holders to vote on important decisions while earning rewards in return.
Swap AXS for cryptocurrencies like Ethereum or other assets on platforms and decentralized exchanges that support AXS swapping. It provides flexibility for players to convert and manage their AXS holdings conveniently.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
Although you can buy or sell Axie Infinity (AXS) through various platforms, purchasing outside of regulated exchanges can expose you to higher risks, such as security issues and increased price volatility, even when monitoring the live price and charts.
Opting for a regulated trading platform like Newton helps keep your AXS transactions secure and compliant with local regulations. Newton offers a wide range of cryptocurrencies, providing easy access to live price updates, price charts, market cap, and transaction activity for Axie Infinity (AXS) and 70+ other digital assets.
Newton offers great prices for AXS tokens, so you can get the most value when investing in Axie Infinity. Whether you’re new to crypto or an experienced trader, Newton makes it simple to trade AXS and connect with this exciting blockchain ecosystem.
Newton takes security seriously with features like Multi-Factor Authentication, trusted contacts, and a helpful Security Checklist. You can also check your login history, manage connected devices, and set up an anti-phishing code to keep your AXS tokens safe.
Newton makes it affordable to buy and sell AXS, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
With Newton, you can manage your AXS tokens from both your desktop and your mobile device. Whether you’re at home or on the go, Newton makes it easy to stay connected to Axie Infinity and the latest market updates.
Newton’s platform is designed to be simple and easy to use for everyone—no matter your experience level. Whether you’re tracking market trends or making trades, everything is quick and straightforward.
Newton is developed for Canadians, offering a secure, easy, and trusted way to trade AXS and other cryptocurrencies. It gives you reliable access to the Canadian market and keeps your crypto journey stress-free.
First, sign up on a trusted crypto exchange like Newton. After completing the quick verification process, you’ll be all set to buy Axie Infinity Shards (AXS) and join the exciting Axie ecosystem.
Next, add funds to your account using your preferred payment method, Newton offers convenient methods like Interac e-Transfer or wire transfer. Newton makes it super easy for Canadians to deposit funds and manage their investments without any extra stress.
Once your account is funded, you can begin purchasing Axie Infinity Shards (AXS). These tokens are your ticket into the Axie Infinity ecosystem, letting you participate in governance, in-game activities, and other opportunities.
Take a look at the list of available cryptocurrencies and choose AXS tokens. This gives you access to the Axie Infinity network, where you can trade or explore the play-to-earn opportunities available.
Now decide how many AXS tokens you want to buy. Whether you’re starting with a smaller amount or going for a bigger investment, make sure to do your research and think about your financial goals.
When you’re ready, confirm your order and complete the transaction. Once everything is processed, your AXS tokens will show up in your account, ready to be traded or used in the Axie Infinity universe.
A personal cryptocurrency wallet gives you full custody of your Axie Infinity (AXS) tokens, but you must carefully manage your private keys. While offering extra privacy, the responsibility to safeguard your assets falls solely on you, which can lead to risks if you're not vigilant.
You can securely hold your AXS directly in Newton! Newton offers excellent security features like multi-factor authentication, anti-phishing codes, and login history monitoring to help keep your Axie Infinity (AXS) tokens secure. With trusted device management and the option to add a trusted contact, Newton makes storing and managing AXS stress-free and much safer.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Axie Infinity, please see our Asset Statement.