How Much Are Axie Infinity Gas Fees And Can You Avoid Them? (2024)

FAQs

Does Axie Infinity have gas fees? ›

The exact gas fee for the transaction is determined by demand and supply of the network miners. They can decline your transaction if the gas fee does not meet their demands, also the items you can buy on the Axie infinity Marketplace charge a fee.

Gas fees are payments made by users to compensate the node validators for the computing energy required to process and validate transactions on the Ronin blockchain.

Open Ronin Bridge. Switch to the withdrawal feature by selecting the button between the From and To fields. Select the From field and connect your Ronin Wallet using the browser extension or mobile app for your device. Select the To field and enter the Ethereum address that you want to bridge the token to.

To activate your free transactions, complete the account setup process on app. axie by linking your email address to your account. If you have depleted your free transactions or simply forgotten to top up on RON tokens, you'll need to acquire RON to continue making transactions on the Ronin network.

The Axie Infinity price is $7.11, a change of 7.37% over the past 24 hours as of 5:00 p.m. The recent price action in Axie Read more...

Ethereum Average Gas Price is at a current level of 7.389, down from 8.588 yesterday and down from 103.19 one year ago. This is a change of -13.96% from yesterday and -92.84% from one year ago.

Gas fee is a commonly used term for the cost that certain blockchain protocol users pay to network validators each time they wish to perform a function on the blockchain. Gas serves as an incentive for network validators to record transactions accurately and behave honestly in the upkeep of the protocol.

Gas is the fee required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. Fees are priced in tiny fractions of the cryptocurrency ether (ETH)—denominations called gwei (10^-9 ETH). Gas is used to pay validators for the resources needed to conduct transactions.

If you approved the withdrawal from your Ronin Wallet, but it remains pending, it needs to be approved through MetaMask or Trust Wallet. Once approved in Ronin Wallet, a pending withdrawal cannot be cancelled.

Withdrawal can be initiated inside the game by clicking the AXS/SLP amounts on top, then clicking the Withdraw button. The withdrawals will be reviewed, and will be available for claiming after approximately 3 days on the App. Axie Claim Tokens page. NOTE: Only AXS and SLP earned in-game can be withdrawn.

What is Ronin wallet used for? ›

Ronin is a software wallet and an extension that allows you to play Axie Infinity and other decentralized applications running on Ronin, an Ethereum side-chain built specifically for blockchain-based games. Ronin wallet uses Trezor to store the private key on the device and not in the browser.

Common scams

Fake Ronin wallet: These websites let you generate a secret recovery phrase (seed phrase), but they also share it with the scammer. The scammer watches your wallet and then steals your assets. To avoid this scam, only create your wallet from our Firefox, Edge, or Chrome extension.

The transfer of assets from MetaMask to the Ronin wallet and vice versa must be made with the Bridge app (https://bridge.axieinfinity.com/). If the assets were transferred directly from MetaMask and not using the Bridge app, there is no way we can reverse the transaction, as the nature of blockchains does not allow it.

Every blockchain has wallet addresses in some form, and most look like a long string of letters and numbers. For example, a Ronin address looks something like this: 0x50460c4cd74094cd591455cad457e99c4ab8be0 .

The current price of Axie Infinity is $7.11 per AXS. With a circulating supply of 144,530,460.462 AXS, it means that Axie Infinity has a total market cap of $1,026,426,756.45. The amount of Axie Infinity traded has risen by $16,886,156.98 in the last 24 hours, which is a 41.29% increase.

MEO Corp Axies are rare Axies that can only be bred from MEO Tokens. Because they aren't bred from other Axies, MEO Corp Axies are somewhat similar to Origin Axies. Wanna see the MEO Corp Axie collection?

To lay it out bluntly, Axie Infinity is not a free play-to-earn game. However, there are a few ways through which users can play this game for free. Axie Infinity comes with its own set of pricing. The game requires users to purchase a maximum of three Axie NFTs to engage in gameplay.

Right now, Ethereum has average gas fees from 3,000 PHP to 4,000 PHP. Right now, Ronin to Binance is free.