What is Axie Infinity?
Axie Infinity is a play-to-earn game built on the Ethereum network. The game involves breeding, raising, and battling axies. AXS tokens are used to participate in the game's governance.
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Bitvavo enables you to earn a return on your digital assets. Our staking service offers a yield of up to 8% on staked assets.
Bitvavo makes Axie Infinity as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
Axie Infinity is a play-to-earn game built on the Ethereum network. The game involves breeding, raising, and battling axies. AXS tokens are used to participate in the game's governance.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
Create a free account with which you can buy, sell, send, receive and store Axie Infinity. Access your Bitvavo account from every location, on mobile and desktop.
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
Storing Axie Infinity and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Axie Infinity without any technical knowledge. Here is a brief overview of the existing wallet options to store your Axie Infinity:
Hosted wallets are wallets where the private keys to your Axie Infinity are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Axie Infinity online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Axie Infinity. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Axie Infinity, and if malicious parties have access to your device, your private keys (and therefore your Axie Infinity) can be stolen.
A hardware wallet is a physical device on which you can store your Axie Infinity offline. It is one of the safest ways to store your Axie Infinity, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Axie Infinity is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Axie Infinity. Once you have purchased Axie Infinity on Bitvavo, you can choose to send your Axie Infinity from your Bitvavo wallet to your own software or hardware wallet.
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