Axie Infinity is a blockchain-based game created in early 2018 by Vietnamese studio Sky Mavis. The game allows players to collect, breed, raise, battle, and trade creatures called AXSs. Each AXS is a non-fungible token (NFT) ranked by different rarity classes and can be bought or sold on the AXS marketplace. AXS is the official governance token of Axie Infinity. Each token is known as an Axie InfinityShard and can be used to participate in key governance votes to exert influence on the project and how the community treasury is spent. If you are wondering how to buy Axie in Canada, Netcoins is a publicly-traded, fully regulated crypto trading platform. It's a platform free to fund, with free cash withdrawals, and live customer support service seven days a week. We make it simple for Canadians to buy AXS and other cryptocurrencies.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email, click on the link to verify your email address.
2. Fund It
Choose your preferred funding method: bank wire transfer, interac e transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Why Buy Axie Infinity?
Axie Infinity is one of the largest decentralized applications in the gaming space and has amassed a large and loyal following since its creation. The game has consistently seen over 100,000 daily active users, showcasing the popularity of the game among players. One of Axie Infinity’s largest value propositions comes from Play-to-Earn, a mechanic that enables players to leverage their skills and time into earnings and distribution rights for tokenized in-game items. Providing players with a chance to earn monetary perks makes Axie Infinity stand out among other games.
Does AXS Have A Supply Cap?
AXS has a supply cap of 270,000,000 AXS coins. This means there will never be more than 270 million AXS coins in circulation. A hard supply cap removes inflation risk, which can potentially reduce the value of your coins over the long-term.
What makes Axies Infinity Unique?
Axie Infinity offers a unique value proposition as a game that enables players to earn rewards as they play through a Play-to-Earn format. Additionally, the ability to own and trade AXSs (playable characters) as NFTs adds to the platform’s engaging format.
If you want to learn more about Blockchains, Bitcoin or Ethereum, follow our educational blog!
What Do I Need To Get Started Playing?
To play Axie Infinity, you must create an Axie Infinity account and download both a Metamask or Rabby wallet which will be used to hold AXS NFTs and in-game crypto. Axie Infinity’s official starting guide gives a more detailed look into the necessary steps to get an account setup. To begin playing AXS Classic, you will need at least 3 AXSs. However, you do not need any AXSs to begin playing AXS Origin.
FAQs
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy AXS in Canada.