Which digital currencies can I earn by playing Axie Infinity and how can I convert them into real money?
Boris LouchartDec 29, 2021 · 3 years ago3 answers
I'm interested in playing Axie Infinity and earning digital currencies. Can you provide more information on which digital currencies can be earned by playing Axie Infinity and how I can convert them into real money?
3 answers
- Dec 29, 2021 · 3 years agoBy playing Axie Infinity, you can earn a digital currency called Smooth Love Potion (SLP). SLP is an ERC-20 token that can be earned by breeding and selling Axies within the game. To convert SLP into real money, you can sell it on cryptocurrency exchanges that support SLP trading pairs, such as Binance or Coinbase. Simply create an account on one of these exchanges, deposit your SLP tokens, and place a sell order to convert them into a fiat currency like USD or your preferred cryptocurrency.
- Dec 29, 2021 · 3 years agoAxie Infinity allows players to earn another digital currency called Axie Infinity Shards (AXS). AXS is the governance token of the Axie Infinity ecosystem and can be earned by participating in various in-game activities, such as battles and tournaments. To convert AXS into real money, you can sell it on cryptocurrency exchanges that support AXS trading pairs. Just like with SLP, you'll need to create an account on a compatible exchange, deposit your AXS tokens, and place a sell order to convert them into fiat currency or other cryptocurrencies.
- Dec 29, 2021 · 3 years agoApart from SLP and AXS, there are other digital currencies you can earn by playing Axie Infinity. For example, you can earn cryptocurrencies like Ethereum (ETH) and Wrapped Ether (WETH) as rewards for completing certain quests or achievements within the game. These cryptocurrencies can be converted into real money by selling them on popular cryptocurrency exchanges like Binance, Coinbase, or BYDFi. Simply follow the same process of creating an account, depositing your tokens, and placing a sell order to convert them into your desired fiat currency or other cryptocurrencies.
Related Tags
Hot Questions
- 91
How can I protect my digital assets from hackers?
- 83
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
What are the best digital currencies to invest in right now?
- 79
What are the advantages of using cryptocurrency for online transactions?
- 77
What are the tax implications of using cryptocurrency?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 52
What is the future of blockchain technology?
- 46
How can I buy Bitcoin with a credit card?