Coinstash
- Trade AXS and 1030 other cryptos.
- Crypto bundles: buy grouped coins in key categories.
- Finder exclusive: Get up to $200 BTC when you sign up and trade certain amounts. T&Cs apply.
Axie Infinity (AXS) is the 109th largest cryptocurrency by market cap, valued at US$687,926,174.
Axie Infinity is a highly volatile asset capable of major price swings in a single day. Today AXS is trading for $4.49 USD, which is lower than yesterday's trading price of $4.53 USD. Over the past year, Axie Infinity's price has seen a decrease of -19%.
So before you buy Axie Infinity, make sure you understand these unique risks as well as its legal and tax status here in Australia.
If you're ready to get started, read on for step-by-step instructions on how you can use to buy Axie Infinity.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Find an exchange to buy, sell and trade AXS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
AXS, an ERC-20 token, is the native cryptocurrency of Axie Infinity. Axie Infinity is a platform that hosts Axie NFTs, built on the Ethereum blockchain, and combines the popularly known Pokemon and Cryptokitties. It was launched in 2018 by Vietnam-based startup Sky Mavis. The AXS token can be traded, purchased or earned by playing the game. To play the game, you need three Axies to form a team, which might become a barrier for some users in the first place due to the price. These Axies are game characters that you own and control. The cheapest Axie is worth 0.03 ETH. However, winning a game would require good team synergy involving elements such as Axies stats and cards.
Players win by competing in PVP battles to win leaderboard prizes which go up to $30,000, or breeding Axies and then selling them on the marketplace, or battling against other Axies to win Small Love Potion tokens (SLP). Players can also collect and speculate rare Axies. The principle behind the game is play to earn, which is the most interesting aspect of the game. Users will soon be able to stake their AXS tokens on the protocol (Q3 2021) to receive regular rewards as a form of passive income.
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Axie Infinity.
Once you've created an account, you will need to deposit funds to buy AXS with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy AXS:
The easiest way to buy AXS is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying AXS, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Axie Infinity has been performing recently.
You can keep your AXS on the exchange you purchased it on, or move it to a personal wallet:
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
|
|
|
|
|
|
|
|
|
Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
Compare today's price of Axie Infinity ($4.49 USD) against its all-time-high price of $164.9 USD on 06 November 2021. The closer the bar is to 100%, the closer AXS is to reaching its ATH again.
Disclaimer: Cryptocurrencies, including Axie Infinity, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AXS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Axie Infinity or any other cryptocurrency discussed.
This guide provides step-by-step instructions on how to buy Gnosis, lists some exchanges where you can get it and provides daily price data on GNO.
This guide provides step-by-step instructions on how to buy Chainlink, lists some exchanges where you can get it and provides daily price data on LINK.
This guide provides step-by-step instructions on how to buy VeChain, lists some exchanges where you can get it and provides daily price data on VET.
This guide provides step-by-step instructions on how to buy KuCoin, lists some exchanges where you can get it and provides daily price data on KCS.
This guide provides step-by-step instructions on how to buy TRON, lists some exchanges where you can get it and provides daily price data on TRX.
This guide provides step-by-step instructions on how to buy EOS, lists some exchanges where you can get it and provides daily price data on EOS.
This guide provides step-by-step instructions on how to buy Stellar, lists some exchanges where you can get it and provides daily price data on XLM.
Our panel is split on whether or not Dogecoin (DOGE) is worth investing in.
A comprehensive look at the factors that impact upon the price of Litecoin and how the value of this popular crypto coin could change in the future.
Introduced as nothing more than a joke currency in 2013, Dogecoin has gained credibility over the years.