What is Axie Infinity (AXS)?
Axie Infinity is a blockchain-based video game ecosystem. Axie Infinity Shards (AXS) are rewards provided to players for participating, staking, and voting on governance proposals within the game. AXS is an ERC-20 token built specifically for the Axie universe. You can buy and sell AXS for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade AXS for BTC the same way you trade CAD for USD. You can also trade AXS to CAD based on the AXS price. To learn how to buy Axie Infinity / AXS, scroll down to see how to buy Axie Infinity.
How to buy Axie Infinity (AXS)?
Here's how to buy Axie Infinity on Coinsquare
To buy Axie Infinity, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying AXS. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select AXS from the list on the trade section
Coinsquare lets you trade AXS without leaving the app. You can also check the Axie Infinity price and convert AXS to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the AXS price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Axie Infinity (AXS)
Congratulations! You’re now the proud owner of AXS. You can either HODL or use it to exchange AXS to CAD or any other cryptocurrency listed on Coinsquare.
Where do I keep my Axie Infinity (AXS)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. Client assets are securely stored 1 to 1 in cold storage with approved custodians, kept separate from operational funds, and never utilized for lending purposes.
All client assets are held in trust with external, licensed custodians with a combined $680M USD in insurance. Additionally, CCML maintains Vault Risk insurance beyond those of its custodians that cover risks related to the cold storage of its clients’ crypto assets. And the cash held in your account is insured against insolvency by the Canadian Investment Protection Fund (CIPF). This means that in the unlikely event that Coinsquare (CCML) becomes insolvent, CIPF will cover any shortfall of cash held in client accounts up to $1 million CAD per account.
Ready to add Axie Infinity (AXS) to your portfolio?
Create your account, fund it with spare change and get a little bit of AXS.
