Convert
Czech Koruna (CZK) to Axie Infinity (AXS) Instantly
Purchase Axie Infinity (AXS) with Czech Koruna (CZK) easily at Switchere and benefit from fast, secure transactions.
About
Axie Infinity (AXS)
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.
How to Buy Axie Infinity (AXS)
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Frequently asked questions
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What is the most common method for buying Axie Infinity (AXS) with Czech Koruna (CZK)?
Direct CZK/AXS trading pairs are rare. The standard process involves using a fiat on-ramp exchange that accepts CZK deposits, typically via bank transfer or card payment. You would first convert your CZK to a major cryptocurrency like EUR or USDT, and then trade that asset for AXS on the exchange's order book. Completing KYC/AML verification is a mandatory first step on these platforms. -
What is the primary utility of the AXS token in the Axie Infinity blockchain game?
Axie Infinity Shards (AXS) are the native ERC-20 governance token of the Axie Infinity universe. Its primary utilities are decentralized governance, allowing holders to vote on proposals affecting the ecosystem's future, and staking. By staking AXS, users can earn staking rewards and participate in managing the Community Treasury, which funds the continued development of this leading play-to-earn game. -
After buying AXS, what is the recommended way to store and use it for the game?
For active participation in the Axie Infinity ecosystem, it is highly recommended to transfer your AXS from the cryptocurrency exchange to a dedicated Ronin Wallet. The Ronin Wallet is a custom-built sidechain wallet for the game, offering lower transaction fees and faster confirmations. This digital wallet is essential for interacting with the Axie marketplace, staking your AXS tokens, and managing your in-game assets like Axie NFTs. -
What kind of fees can I expect when converting CZK to AXS?
The process involves several potential fees: 1) A deposit fee for funding your exchange account with CZK. 2) A currency conversion fee if you first convert CZK to EUR/USD. 3) A trading fee (maker/taker model) when you execute the trade for AXS. 4) A withdrawal fee to move the AXS tokens to your external Ronin Wallet. Using the Ronin network for in-game transactions significantly reduces subsequent blockchain gas fees compared to the Ethereum mainnet. -
Besides AXS, what other digital asset is crucial to the Axie Infinity play-to-earn economy?
Smooth Love Potion (SLP) is the other key token. Unlike AXS, which is for governance and staking, SLP is an uncapped utility token earned by winning battles in the game. It serves as the primary digital asset required for breeding new Axie NFTs. This dual-token model, separating governance from in-game utility rewards, is a fundamental aspect of the Axie Infinity blockchain design.