Axie Infinity Price in India | AXS Price Today & Chart | CoinSwitch (2024)

Axie Infinity is one of the most known NFT platforms or non-fungible token platforms, with at least $2 Billion in NFT sales. Along with NFTs speedily going into the mainstream, various people view theAxie Infinity coinas the different big weight NFT. The Axie Infinity became able to achieve this remarkable feat because different players partially own it.

The Axie Infinity enables various users to breed, battle, correct, trade, and raise the tokenized characters named the Axes. These axes are NFTs that face the 3-man battle as the winning players gain the XPs or Experience Points.

• TheAxie Infinity Cryptois related to NFT-based online video games, and these coins have been around since 2017.
• The Axie Infinity coin holders can stake the tokens for earning a proportionate chunk of the Axie Crypto Currency inflation.
• The Users of Axie Infinity currency may require holding to AXS for participating in the future land, Axie, or item sales.
• Axie Infinity is currently developing the Lunacia SDK for the developers and the players.

You can use Axie Infinity coins in the following ways –

• Reporting cost –You can earn money by reporting loyally on the Axie Infinity markets.

• International fund transfer –With Axie Infinity coins, you can transfer money internationally without the requirement of any mediator or changes.

• Online payments –By using the Axie infinity currency, you can even make payments at online retailers and online stores.

• Investment –Along with the rapid growth of the betting market, the value of Axie Infinity coins would also increase.

Pros

• It is one of the most valued gaming cryptocurrencies by market capitalization.
• It consists of a whitepaper along with predominantly defined goals and roadmaps.
• The senior team of Axie Infinity has experience in both earning tokens from gaming and the blockchain market.
• Based on Token Terminal’s report that measures the profit of numerous protocols, Axie Infinity has earned $40.2 million in revenue in the last seven days.

Cons

• Ethereum and Bitcoin are the most popular and largest competitors.
• The reporters mainly utilize the Axie Infinity coins and are not required for undergoing trade on the Axie Infinity Platform.

• You can begin the investments at a very minimum cost.
• Axie Infinity permits immediate withdrawal and deposits straight to your bank accounts.
• You can trade in this crypto at zero price.
• The UI is very much straightforward and also intuitive.