What is Axie Infinity (AXS)?
Axie Infinity is a popular game in the “play-to-earn” (p2E) category of video games. Axie Infinity describes itself as a “Pokemon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem.” In the game, players raise pets, collect pets, and train pets for battle. For a reward, players get the AXS token which can be exchanged on external crypto exchanges for most currencies.
What are the Benefits of Axie Infinity (AXS)?
In Southeast Asia, Axie Infinity has exploded in popularity due to its income-generating opportunities. The profit potential has been so significant that there is even a documentary about its impact in regions like the Philippines. Aside from that, Axie Infinity has shown a bright light on other P2E games and opened the door for new, decentralized gaming projects. Are the days where consumers pay to play over? Perhaps a new economy is emerging where the best gamers get paid for their efforts. Only time will tell.
Should I buy Axie Infinity (AXS)?
Investing in games is a tricky business. Yes, Axie Infinity is popular now but who knows what will happen in a few years? Games tend to go out of fashion unless they can develop a long-lasting franchise. Perhaps the company behind Axie Infinity will start to develop an ecosystem of games where AXS can work collaboratively. We don’t know what will happen but at the moment, investing in P2E games like this comes with certain levels of risk and investors should be careful.
How to get an instant AXS loan
Don’t sell your AXS. Use it as collateral for an instant crypto loan and get up to 90% of your collateral’s value in a variety of currencies. We have AXS to USD loans, AXS to EUR loans, AXS to GBP loans, AXS to CHF loans, and stablecoin loans as well. Simply deposit AXS today, choose a loan plan – or create a custom one yourself – and you’ll receive up to 30,000 in a currency of your choice in seconds.
How to borrow Axie Infinity - How does it work?
With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow AXS you first must convert one of the above to fiat and convert it to AXS using our exchange service.
Axie Infinity loan calculator
You can use our AXS loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan Axie Infinity, please check the calculator first to see which plan works best for you.
Axie Infinity lending process
Axie Infinity lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future AXS loans.
It's worth trying! Forget selling your
with instant crypto backed loans on YouHodler
If you would like to learn more about crypto credits, please continue to the app. Start boosting your crypto portfolio now with YouHodler's crypto lending, convert, buy and sell options.