AXS is the token used in the virtual world developed by Axie Infinity, which is dominated by fierce and adorable animals called “Axies”, digital creatures that can be used on battlefields or kept as collectibles.
Owners of AXS tokens can also earn rewards through staking, or participation in the game, or involvement in project governance, as well as by taking part in campaigns such as Axie Infinity Universe. Moreover, these tokens are not exclusive to a single Axie game.
Deposits, withdrawals and exchanges of AXS tokens with the AXS/USDT pair are now available on OKEx. Saving, margin trading and swaps are also available.
AXS only debuted on the crypto markets last year at a price below $0.15. However, the price rose immediately, first to $0.6 and then to $0.8 by the end of 2020.
In 2021 there was a real boom, with the price first jumping to over $2 in February and then to $10 in April, a gain of 6,000% in five months.
After plummeting to $3 in June, the price shot up again to an all-time high of $52 a few days ago. This is a gain of 34,000% since the first listing in November 2020.
The CEO of OKEx, Jay Hao, said:
“I played a lot of computer games when I was younger, which made my creative thoughts unstoppable. Yet, with the rise of smartphones, mobile games have dominated the gaming universe. I have always been amazed at what these small devices can do — because when I first got a cell phone, it was merely a mode of communication.
We are happy to list AXS. Axie Infinity shares an extremely intriguing goal of decentralization becoming real to the community. This is something we should all appreciate”.
OKEx was founded in 2017 and is one of the world’s leading crypto exchanges for both spot and derivatives markets, with over 20 million users in more than 180 countries worldwide.