What is AXS?
AXS (aka Axie Infinity Shards), is the governance token of the Axie Infinity ecosystem.
These are used to participate in key governance votes and allows holders to have a say in how funds in the Axie Community Treasury are spent. AXS Holders will soon be able to stake their tokens to receive regular rewards in exchange for users to play and vote.
The token hit its ATH of $53.28 on July 27, 2021 and is currently ranked #44 amongst all cryptocurrencies. At the time of writing, AXS is trading on Coinhako for $41.02 USD.
What is Axie Infinity?
Axie Infinity is a blockchain-based game that was created in 2018 by Vietnam based game developer Sky Mavis and was co-founded by Trung Nguyen and Aleksander Larsen.
A group of Axies in a 3v3 battle
Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. Each Axie is a non-fungible token (NFT) with different attributes and strengths. They can be entered into battles where the winning team will earn experience (exp) points that help to level up an Axie's stats or evolve the creature. These Axies can be used to breed unique offspring and eventually sold on the Axie marketplace.
Read more about NFTs
What makes Axie Infinity different?
Unlike other blockchain-based battling and breeding games, an Axie can only be bred seven times in order to help control the population of Axies.
The ecosystem has its own mating hub to help players find a suitable match when breeding their Axie, costing around 0.005 ETH on top of the other native gaming token Small Love Potion (SLP).
As Axies possess six out of the hundreds of potential body parts, the game has an endless variety of Axies with different combinations and statistics.
What’s New with Axie Infinity Price (AXS) on Coinhako?
1. Trade AXS directly with Singapore Dollars (SGD) 🇸🇬
With AXS/SGD trading pairs available on Coinhako, our Singapore users will be able to buy & sell AXS in Singapore Dollars (SGD) when they fund their accounts with SGD.
2. Trade AXS directly with Vietnamese Dong Trading (VNDT) 🇻🇳
With AXS/VND trading pairs available on Coinhako, our Vietnam users will be able to buy & sell AXS when they fund their accounts with VND.
3. Trade AXS directly with US Dollars (USD) 🇺🇸
The AXS/USD trading pair Solana prices against the United States Dollar (USD), and our Singapore users will be able to buy & sell AXS when they fund their accounts with USD.
4. AXS swaps (Crypto-to-crypto trading)
Coinhako users will also be able to trade Axie Infinity Price with other cryptocurrencies that are supported in their countries, with our Swap function.
5. Get the latest AXS price news on Coinhako 🚨
As with every other supported token on Coinhako, we endeavour to update our users on key news about each project through our various channels.
The Coinhako platform also features a News Feed section where you will be able to receive all the latest updates on AXS Token, alongside on the other top crypto projects, like uniswap, polkadot, band protocol.
5. AXS wallet for all (COMING SOON )
With the wallet feature, Coinhako users can securely send (withdraw), receive (deposit), and store AXS.
6. Buy AXS instantly with debit and credit card
Beat the deposit queue and buy AXS instantly when you pay by card.
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All opinions expressed here by Coinhako.com are intended for educational purposes, taken from the research and experiences of the writers of the platform, and should not be taken as investment or financial advice.