Axie Infinity (AXSUSD)
Axie Infinity (AXS/USDT) is a game-based platform that allows users to earn tokens and invest in the digital ecosystem. The platform takes the form of a game whose characters are animated mythical creatures. Players raise digital pets known as Axies to pit them against other Axies and/or sell them. Axie Infinity is, in effect, a social network that attracts users by telling them to "play and earn!"
The AXS token is Axie Infinity's main operational tool. AXS holders receive remuneration for playing games, creating user content and taking part in votes. AXS holders also enjoy profit sharing from the Axie protocol as liquidity providers on decentralised exchanges.
Through the first half of 2021, there were 60.9 million AXS in circulation, and the token has a maximum possible issuance of 270 million AXS. The cryptocurrency's $2.6 billion market cap puts it in the Top 50 for this criterion.
Axie Infinity has huge potential, and users have called the gameplay interesting and captivating. Moreover, this "work" can bring users a real-world income, which is why Axie Infinity is particularly popular in developing countries with low standards of living.
In July 2021 alone, the AXS token used for this popular blockchain game rose in value by more than 1300%. Since AXS began trading, the token's daily average volatility has been 25.6%.
How to buy and sell Axie Infinity (AXSUSD) CFDs
If you want to buy or sell Axie Infinity (AXSUSD), you'll need access to a cryptocurrency exchange. Alternatively, you can also do it through a broker or trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade even if the сryptocurrency's value goes down.