Purchase Axie Infinity (AXS) with Swiss Franc (CHF) easily at Switchere and benefit from fast, secure transactions.
Axie Infinity Shards (AXS) is the native governance token for Axie Infinity, a pioneering play-to-earn (P2E) digital pet universe built on blockchain technology. The game allows players to collect, breed, raise, battle, and trade fantasy creatures known as Axies, which are represented as unique Non-Fungible Tokens (NFTs). Axie Infinity aims to solve the problem of centralized control in gaming by empowering players with true ownership of their in-game digital assets and a stake in the game's development and ecosystem through its decentralized governance structure.
The core technology leverages the Ronin sidechain, an Ethereum-linked sidechain developed by Sky Mavis, designed specifically to address Ethereum's scalability issues, enabling fast and low-cost transactions for a seamless gaming experience. This Web3 infrastructure supports a complex digital economy where players can earn rewards. The AXS token is an ERC-20 token crucial for the ecosystem's tokenomics; its primary utilities include staking for rewards, participation in governance votes to influence the future direction of the game and the allocation of the Community Treasury, and potentially for certain in-game payments. Axie Infinity is a significant player in the GameFi and NFT space, driving adoption of blockchain gaming and demonstrating the potential of on-chain digital economies.
The most common method to buy the AXS digital asset with Swiss Francs is through a regulated cryptocurrency exchange that serves as a fiat on-ramp. Users typically need to complete KYC/AML verification, deposit CHF via a Swiss bank or SEPA transfer, and then execute a trade on the CHF/AXS trading pair or convert CHF to a major crypto like BTC/ETH first to trade for AXS.
The Ronin network is an Ethereum-linked sidechain specifically built for Axie Infinity. Using a Ronin wallet for AXS and other in-game assets drastically reduces blockchain transaction costs and confirmation times compared to the Ethereum mainnet. For active trading, staking, or gameplay, holding AXS on the Ronin network is essential for an efficient and cost-effective experience.
For maximum security, you should withdraw your AXS tokens from the exchange to a personal digital wallet where you control the private keys. The official recommendation is the Ronin Wallet, which is specifically designed for the Axie ecosystem. For long-term holding of significant amounts, consider transferring your AXS to a hardware wallet (like Ledger or Trezor) that supports the Ronin network for cold storage protection.
Axie Infinity Shards (AXS) are the native governance token of the Axie Infinity ecosystem. Holders can use AXS for staking to earn rewards, participate in governance votes concerning the community treasury, and potentially for breeding Axie NFTs in the future. It's a key digital asset for engaging deeply with the platform's play-to-earn mechanics.
For funding an account with Swiss Francs (CHF), the most widely accepted and cost-effective method is a bank transfer. As Switzerland is part of the Single Euro Payments Area (SEPA), SEPA transfers are very common. Some regulated Swiss exchanges may also offer direct CHF bank transfers. Credit and debit card purchases are often available but may come with higher fees compared to bank transfers.
Yes, trading pairs with CHF can sometimes have lower liquidity and trading volume compared to pairs with USD or EUR. Before placing a large order for AXS with CHF, it is wise to check the exchange's order book for the CHF/AXS pair. Look at the depth of the buy and sell orders to gauge potential price slippage. If liquidity is low, an alternative strategy is to convert CHF to a highly liquid asset like BTC or a stablecoin first, then trade that asset for AXS.