Should You Buy Axie Infinity? Axie Infinity Price Prediction 2022 (2024)

Analysis of Axie Infinity price prediction in 2022 with Axie Infinity Shards

Learn how to invest in and trade Axie Infinity today – in this guide, we’ll review the best trading platforms and speculate on some 2022 AXS price predictions.The crypto market has experienced rapid growth over the past few years. One coin which has benefited from this is Axie infinity, rising 39,000% since its inception in 2020 and continuing to be a popular altcoin in 2022 due to its connection to the NFT industry.

If you want to gain a stake in this high-growth market, then Axie Infinity could prove the perfect investment to do so. In this article, we are going to take a closer look at Axie infinity, including its price history and a forward-looking prediction. We will also cover some of the best brokers to trade Axie infinity with.

Where to buy Axie Infinity – Top 3 List

Axie Infinity is available on most crypto exchanges due to its high growth and popularity. However, to save you the time and effort of researching, we have compiled a list of our top 3 best brokers to trade Axie Infinity with.1. eToro – Overall best broker to trade Axie Infinity with.2. Binance – The world’s largest crypto exchange.3. Coinbase – gives you access to over 100 cryptocurrencies.

Best Places to Buy Axie Infinity in 2022

Now we have had a quick look at each crypto broker, let’s take a more in-depth look at each, including pros/cons, fees, and key features.

1. eToro

Our top broker pick is eToro. It is quick and easy to set up an account with eToro by visiting their website or their smartphone app. A top point to note about eToro is that you pay zero commission on all non-leveraged trades. The platform gives investors access to over 2000 financial assets including 30 cryptocurrencies. In addition to this, it is also FCA Regulated, ensuring safe trading.

The platform also supports copy and social trading. Social trading allows investors to easily connect with eToro’s 30 million other users to share trading tips, insights, and opinions. Copy-trading allows investors to copy some of eToro’s best performing portfolios.To set up an account, simply visit the website or app and follow the instructions. From here you will have to enter some personal details to verify and fund your account. Funds can be added via a number of payment methods including bank transfer, credit/debit card, and e-wallets such as Paypal and Skrill.Buy Axie Infinity Shards at eToro.Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

2. Binance

Our second broker pick is Binance. It is also one of the best places to buy Axie Infinity crypto as it is the world’s largest crypto exchange. This means it gives investors access to over 500 cryptocurrencies. It also offers 24/7 customer care via a designated customer hotline, which can be called if any queries occur with your account.

To set up an account you can simply visit the Binance website or smartphone app. From here simply follow the onscreen instruction. Binance also offers more advanced trading tools, which can be great for more seasoned say traders looking to perform technical analyses.Buy Axie Infinity at Binance.Your capital is at risk.

3. Coinbase

Our third best broker to buy Axie Infinity with is Coinbase. Having such an easy-to-use, simple interface, it is a great choice for beginner investors. What’s more, it is available on IOS, Android, and desktop. To set up an account, simply visit the website and enter some personal details.

Investors should be aware that Coinbase charges significantly high fees compared to eToro. Commission comes in at 1.49% each side of a trade. In addition to this, customer care is significantly worse compared to Binance.Buy AXS at Coinbase.Your capital is at risk.

What is Axie Infinity?

Axie Infinity is a non-fungible token (NFT) based multiplayer game. It is known for its online economy, which uses Ethereum based tokens that players can trade between themselves. Axie Infinity Shards (AXS) are the Ethereum tokens used to power the game. Alongside powering the online game, AXS tokens can also be used to claim rewards for staking and partaking in governance votes.

Is Axie Infinity a Good Investment?

In game utility

One quality that makes Axie Infinity a good investment opportunity, is the utility that the token has in powering the game. The game currently has over 2.8 million daily players, with a whopping $3.6 billion of AXS traded in game. As these numbers multiply, AXS coin could rise in value. Holding AXS Coin also allows users to have a direct say in how the game is run and how it will be managed in the future.

Crypto risks

The crypto market is heavily volatile, and investors should be aware of this before investing in any coin. Another point to note is that cryptos often move in line with Bitcoin, which acts as a proxy for markets. This means that even though Axie may be performing well, Bitcoin could stunt its growth.

The Verdict

Even considering the volatile crypto market, it seems logical to conclude that AXS Coin could be a great investment for long term growth. This is because of its real-world utility, powering a game with a large number of growing users.

AXS Price

The current price of AXS Coin is £50.69. A gain of almost 35% this week. Longer term AXS Coin is up over 7000% in the past 365 days.

Axie Infinity Price Prediction

It is tough trying to predict the price of any crypto due to the heavy volatility of the markets. Considering AXS Coins’ bullish past, alongside its encouraging real-world utility, it seems that it could be a great long-term investment.In addition to this, over 76% of Coinbase users vote it a buying opportunity which signals bullish market sentiment for the coin. What’s more, it is over 150% down from its all-time high of £122. This leaves some huge room for future growth. Therefore the current AXS price could be a great entry point for investors.

How to buy Axie Infinity

Now we have taken a look at the best places to buy Axie Infinity, and also its price history and prediction, let’s now take a step-by-step look at how to buy AXS with our partnered broker eToro.

Step 1: Set up your eToro account

The first step is to set up an eToro account. This can be done quickly and easily via the eToro website or smartphone app. Simply visit the homepage and follow the onscreen instructions, entering some personal details.

Step 2: Verify your eToro account

Before you add funds to your wallet, you must verify it. This can be done by uploading two forms of ID – a driver’s license, and a recent utility bill. eToro will aim to have these documents verified within minutes.

Step 3: Deposit your funds

Now you have a verified account, you must deposit your funds. This can be done using a variety of payment methods including bank transfer, debit/credit card, and also e-wallets such as Paypal and Skrill.

Step 4: Buy AXS Coin

Now you have a funded and verified account, you can purchase AXS Coin. To do this, navigate to the search bar and type in Axie Infinity. From here, click the trade button and fill out an order form with your desired amount.

Best Axie Infinity Wallet

Before you purchase any crypto, you must set up an account with a broker to connect you to exchange. In addition to this, your wallet will act as a place where you can store, send and receive coins. Therefore, it is important you select the right wallet to suit your investment needs.Our top wallet pick is eToro. It is easy to set up and allows users access to a plethora of coins. In addition to this, it is FCA regulated, which means your funds are protected by the FSCS Scheme.

Conclusion

With crypto markets seemingly on the rise, now could be a great time to add Axie Infinity to your portfolio. It also offers great real-world utility meaning it could be a solid long-term performer.If you are looking for the right wallet and broker to trade Axie infinity with, we recommend eToro.com. This is because it has a beginner-friendly UI, and is well regulated.Buy Axie Infinity Shards at eToro.Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.