Axie Infinity price and where to buy AXS

What is Axie Infinity?

Axie Infinity is a blockchain game where players collect and battle creatures called Axies. AXS is its governance token, used for staking and in-game purchases. The game runs on Ronin, its own network.

How to buy Axie Infinity, step by step

1. Pick an exchange. AXS is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy AXS. Use the AXS/USDT or AXS/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. AXS exists on Ronin and Ethereum; choose the network your wallet expects.

Where to buy Axie Infinity at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on AXS the venues disagree by about 0.18 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Axie Infinity price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.18 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 10 minutes out of every thousand, and reached about 1.4 percent at its widest.

About two fifths of the AXS spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Axie Infinity price

The wider crypto market, and in AXS’s case its own news too. In our hourly composite, AXS moved with Bitcoin at a correlation of about 0.6, where 1 would mean identical moves, and its moves were about twice the size of Bitcoin’s.

AXS-specific drivers come on top: player numbers, game updates and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Axie Infinity

Pros

• The token of one of the best-known blockchain games.
• Its gap between exchanges spiked less than most coins at this size.

Cons

• Player earnings collapsed after the game’s boom, and the network it runs on suffered a large bridge hack.
• One of the wider price gaps between exchanges we track, about seven times Bitcoin’s.
• It trades far below its all-time high of about $165.

Axie Infinity’s highest price

Axie Infinity’s all-time high is about $165 on volume-weighted data. The chart above shows the last 30 days of our composite, and the AXS to USD converter applies the live price to any amount.