A comprehensive guide to purchasing Axie Infinity (AXS) safely on trusted cryptocurrency exchanges, including platform recommendations, wallet setup, and practical tips.
Steps to Buy AXS
Choose an exchange — AXS is available on Binance, Coinbase, and KuCoin.
Complete verification — Standard KYC process.
Deposit funds — Fund via bank transfer, card, or crypto.
Purchase AXS — Buy AXS via market or limit order.
Play or stake — Play Axie Infinity: Origins (free) at axieinfinity.com, or stake AXS on the Ronin network for rewards.
How to Store Axie Infinity Safely
AXS exists on both Ethereum (ERC-20) and Ronin. For gaming, use the Ronin wallet. For cold storage, Ledger supports ERC-20 AXS. Axie NFTs are stored on Ronin and managed through the Axie marketplace.
Tips for Buying AXS
Axie is now a free-to-play game — you can try Origins without buying any tokens or NFTs first
AXS staking on Ronin earns protocol fees, but verify current APY before committing large amounts
Evaluate the Ronin ecosystem beyond just Axie — other games launching on Ronin add value to the network
The play-to-earn model has been restructured to be more sustainable — don't expect 2021-era earning potential
Frequently Asked Questions
Can you still earn money playing Axie Infinity?
Yes, but earnings are modest compared to the 2021 peak. Origins is free-to-play, and competitive players earn AXS and SLP through ranked battles. The economic model has been restructured to be more sustainable, meaning payouts are lower but more stable. Don't expect life-changing income — treat it as a game with small earning potential.
What happened with the $620M Ronin hack?
In March 2022, attackers compromised 5 of 9 Ronin validator keys and drained 173,600 ETH and 25.5 million USDC (~$620M). The attack was later attributed to North Korea's Lazarus Group. Sky Mavis raised funds to reimburse affected users, increased the validator set to 21, and implemented enhanced security. The hack remains one of the largest in crypto history.
Is Axie Infinity still relevant?
Axie Infinity's cultural impact as the play-to-earn pioneer is permanent. The game itself has lower activity than its peak but maintains a dedicated community. More importantly, Ronin has evolved into a multi-game platform, and the lessons from Axie's boom-and-bust cycle have influenced every subsequent blockchain game. Axie is less relevant as a single game but significant as an ecosystem.
After purchasing, consider using the DCA Backtester to plan a dollar-cost averaging strategy, or check the Staking Calculator to estimate staking rewards.