🟠 How to Buy Axie Infinity (AXS) in 2024

The number of people searching for how to buy Axie Infinity Shards (AXS) has increased recently, and rightly so. After existing under the radar for a few years, the Axie Infinity project seems to have finally taken off, garnering millions of users and increasing adoption of the AXS token.

If you’re among the many looking to grab a piece of the pie, then you’d find this guide on how to buy AXS really helpful. We cover exchanges where you can get the token and endeavor to provide a step-by-step guide on how you can make the purchase.

A quick guide on buying Axie Infinity on OKX

• Register at OKX.com and complete the KYC process.
• Go to Buy Crypto and click Express Buy
• Select GBP or your preferred currency to spend.
• Select AXS as the coin to purchase.
• Click Buy AXS and follow the prompts to complete the purchase through card payment.
• Once successful, OKX will add the purchased amount to your account on the platform.

How to buy Axie Infinity (AXS)

OKX (formerly OKEx)

OKX (formerly known as OKEx) launched in 2014 and supports Axie Infinity. However, only one trading pair is available, namely, AXS/USDT. If you wish to buy AXS with, say, BTC, you must convert deposited BTC into USDT to make your purchase.

How to do it:

• Register at OKX.com and complete their KYC process.
• Go to Assets > Deposit
• Choose to deposit either USDT or BTC.
• Copy your address and transfer the funds to your OKX account.
• Alternatively, using a credit or debit card, you can use the Buy Crypto tab to buy USDT or BTC.
• Once the deposit is successful, go to Assets > Transfer and move the funds from your
• Funding Account to the Trading account.
• Trade > Basic Trading > Spot
• Use the provided search bar to find the AXS/USDT pair.
• Switch the order type to Market and enter the amount of USDT to exchange to AXS
• Click Buy AXS to complete the purchase.
• If you purchased or deposited BTC, you can use the BTC/USDT pair to convert it to USDT before proceeding to the AXS/USDT market.

Pros

• OKX allows for AXS futures and margin trading.
• OKX has an AXS savings product that lets users earn interest on AXS deposited on the platform.
• The platform has a responsive customer service desk

Cons

• OKX has no fiat pairs for AXS.
• The platform also does not support direct deposits via bank transfer.

Supported Payment Options: Cryptocurrency, Credit or Debit Cards.

Bitget

Bitget is one of the most widely used cryptocurrency exchanges for trading altcoins. Bitget primarily supports trading AXS against the USDT token, with the option to buy the coin using a credit or debit card not available at the time of writing. Hence, this section of our guide focuses on buying AXS with USDT using the convert feature on the exchange.

How to do it:

• Locate the Wallet icon on your Bitget account
• Select Deposit and choose USDT as the coin to deposit.
• Choose your preferred network and make the transfer.
• Wallet > Fiat and Spot to find your local currency
• Go to Trade > Convert and use the menu to convert USDT to AXS.
• Select Buy AXS to complete the trade.

Pros 

• Bitget offers a wide range of deposit options.
• Bitget supports native AXS deposits through Ethereum and BNB Chain (BEP-20)
• Bitget occasionally offers savings products for AXS, allowing users to earn interest for merely holding the token.
• Beyond spot trading, users can also access AXS futures trading via Bitget.

Cons

• The platform can be slightly difficult to navigate, especially for beginners.
• Direct fiat purchases for AXS is not available.

Supported Payment Options: Credit or Debit cards, Bank Transfer, Cryptocurrency, P2P trading.

HTX (Formerly Huobi)

Launched in 2013, HTX (formerly Huobi) is another popular exchange where you can buy and sell Axie Infinity. Like Bitget, the HTX platform offers only one trading pair for the altcoin: AXS/USDT.

How to do it:

• Register at Htx.com and complete the KYC process.
• Go to Balance > Exchange account
• Find the Deposit button on your USDT address.
• Copy the address and deposit funds from an external wallet.
• Once successful, go to Trade > Spot
• Use the search bar on the trading portal to find the AXS/USDT pair and open it.
• Change the Order type to market and enter the number of coins to exchange to AXS.
• Click Buy AXS to complete the order.

Pros

• HTX offers both spot and futures trading for AXS.
• The platform is relatively easier to navigate.
• The exchange boasts a responsive customer service desk.

Cons

• HTX does not support deposits via bank transfer, except via P2P trades.
• The platform has suffered security breaches in the past, making it less secure to hold assets long term.

Supported Payment Options: Cryptocurrency, Bank cards (Mastercard, Visa), Bank Transfer (P2P trading).

Kraken

With over ten million customers and over a decade in existence, Kraken is a highly reputable cryptocurrency exchange and another excellent option for anyone looking to buy Axie Infinity. At the time of writing, Kraken offers the option to buy AXS with fiat or crypto (using Kraken Pro). However, this guide focuses on the simple option of buying with fiat.

How to do it:

• Create an account at Kraken.com and complete the KYC process.
• Click on Buy Crypto
• Select AXS as the coin to buy and input the amount to buy
• Leave the order type as Buy Now.
• Click Pay With and add a payment method (Credit or Debit card)
• Alternatively, you can deposit cash, which involves a slightly longer process.
• Follow the prompts to review the details of your purchase.
• Complete the purchase and find your coins in your Kraken account.
• Click Preview Buy to complete the purchase.

Pros

• Kraken offers an Instant Purchase option for AXS
• Kraken’s exchange features fiat currency pairs for AXS
• The platform is user-friendly, especially the “Simple” order interface.

Cons

• Kraken has no crypto-to-crypto pair for AXS. This means users must deposit crypto and then first exchange it to USD or EUR before they can buy AXS.
• Kraken does not offer an Earn product for AXS

Supported Payment Options: Credit and Debit Cards, Wire Transfers, and Cryptocurrency.

KuCoin

KuCoin launched in 2017 and is the last option on this list of where to buy AXS. Like OKX, KuCoin only offers a USDT trading pair for AXS. Hence, you must also deposit USDT or convert any other crypto that you deposit to USDT before you can buy AXS.

How to do it:

• Register at KuCoin.com and complete the KYC process.
• Go to Assets > Main Account
• Select USDT as the coin to deposit and copy your address.
• Transfer funds from an external wallet.
• Alternatively, use the Buy Crypto tab to get some USDT.
• Next, go to Main Account and click Transfer on your USDT wallet.
• Transfer the deposited funds from your main account to your trading account.
• Go to Markets and use the search bar to find the AXS/USDT pair.
• Change the Order type to Market 
• Input the amount of USDT to exchange to AXS.
• Click buy AXS to make the purchase.

Pros

• KuCoin allows for AXS spot, futures, and margin trading.
• Users can deposit fiat via bank transfer using KuCoin’s payment partners.
  KuCoin has a responsive customer service desk. 

Cons

• KuCoin’s user interface is not ideal for new investors.
• KuCoin has a 0.6 AXS fee for withdrawals.

Supported Payment Options: Cryptocurrency, Debit and Credit cards, Bank Transfer (SEPA).

Things to consider before buying Axie Infinity

As noted earlier, many investors are looking to buy Axie Infinity Shards (AXS) because of its stellar price performance in recent weeks. However, if you’re looking to invest in the token, then you may also want to consider these factors:

Project Strength: Axie Infinity is a play-to-earn gaming project built on Ronin, an Ethereum sidechain network. The project has over 350,000 users and has seen remarkable growth this year. 

Rather than simply buy AXS because of speculation, you can spend quality time learning about the project and its use case. This would give you the needed conviction to hold the asset even if the price does drop in the future without much fundamental change to the project’s utility.

Historical Price Action: This is especially vital if you’re looking to get a good entry price on your AXS investment. At its current all-time high, AXS traded at £37.67 ($53) with the lowest known price being £0.0941 ($0.12) in early 2020.

As with most assets, it is often advisable to wait for a price drop before investing, especially for one-off purchases. Alternatively, you can make periodic purchases (perhaps weekly or monthly) irrespective of the current market price. This approach, also known as “cost averaging” allows you to get a good entry price and profit from any substantial price increase.

Holding Period: The cryptocurrency market is highly volatile and Axie Infinity is also a fairly new project. This means that the price of AXS may fluctuate wildly and result in losses for short-term investors. Hence, it may be best to decide how long you’re willing to hold the asset to turn profitable.

Where to store AXS

You can store your AXS tokens using any of the following wallets and exchanges:

Web: Ronin Wallet
Hardware Wallet: Ledger (ERC-20 AXS token)
Exchange Wallet: Bitget or Kraken

Privacy and security tips

Keeping these tips in mind will help you securely hold your AXS tokens:

• Double-check addresses before initiating AXS transfers. This is a precaution against malware that may replace the copied address on your keyboard with that of a scammer.
• Ensure that the last letters after pasting correspond with the copied address.
• Do not disclose the amount of AXS tokens you hold in public forums or social media. This makes you a target for hackers.
• Do not install wallets from unknown sources. The Ronin wallet is the recommended app for playing Axie Infinity games and storing AXS for frequent transactions.
• A hardware wallet such as Trezor is ideal for long-term secure storage.

Conclusion

Axie Infinity Shards (AXS) is a promising crypto project and has recently entered the limelight. This article discussed where to buy AXS, provided a step-by-step guide on how to do it on multiple exchanges, and revealed each platform's pros and cons. It also offered suggestions on what to consider when choosing to buy AXS and how users can secure their assets.

Whether you are buying AXS to play Axie Infinity or as an investment, the recommended platforms provide an ideal experience and offer various payment options.