Axie Infinity isn’t a cryptocurrency, per se. Instead, this is an NFT (non-fungible token). Moreover, it is an NFT video game produced by the Vietnamese company Sky Mavis. Oddly enough, it is possible to wager at online casinos using the in-game cryptocurrency AXS, and while it takes some finagling, we’ll walk you through the steps of doing that right here.
Assuming you want to wager with the AXS cryptocurrency, then you’ll need somewhere to play. While there isn’t a wealth of venues supporting Axie Infinity NFT betting, there are one or two trusted sites you can join. Let’s introduce you to those below.
Axie Infinity (AXS)
Before we can explain the AXS cryptocurrency to you, you need to know about the game itself. Axie Infinity is a Windows, Android, iOS, and macOS game that focuses on battles, much like RPG video games. Axies (much like Pokémon) are pets that you can breed, collect, raise, and fight with. Moreover, these resources (NFTs) can be sold, bought, or traded via the in-game economy.
As with most NFT games, there is a pay-to-play model in effect, and this uses an Ethereum-based in-house currency known as Axie Infinity Shards, or Axie Infinity Tokens – AXS in short. This token can be acquired by selling your NFT Axies in exchanges, or it can be purchased outright. If you’re not a fan of the game, the latter is your only option.
Like most in-game currencies, Axie Infinity Shards have practical purposes outside of the game environment – in this case, online casinos. Admittedly, there are only a handful of them out there, but such casinos do permit AXS deposits and withdrawals. These casino sites are not to be confused with Axie Infinity exchanges, where players can trade, buy and sell NFT Axies, either with AXS, other Ethereum-based cryptocurrencies, or FIAT currency options.
There are a couple of games you can wager on directly with Axie Infinity Shards, and most of these tend to be proprietary software built by the in-house team operating each casino. Mainstream online casino games seldom utilize AXS as a wagering currency. However, some Metaverse casinos and those running on the Ethereum blockchain have casino games that are at least friendly to AXS bets, if not dedicated to them. Expect a handful of table games and dice-based titles at the very least.
The perks of playing with AXS at online casino sites include the following:
If you’re a regular player of Axie Infinity, then it’s likely that you’ll have a decent chunk of AXS readily available. At the very least, you’ll have some Axies (NFTs) that you can trade to build up a decent chunk of AXS tokens for gambling without having to purchase the coin directly from an exchange.
Axie Infinity, like most NFT-based games, is heavily invested in the Metaverse. Metaverse casinos are only finding their feet now, and many obscure cryptos are accepted via dedicated sites. AXS is one of those found in Metaverse games and casinos.
Some of the pitfalls associated with Axie Infinity include these:
The Axies found in Axie Infinity themselves are “valuable” as NFTs. However, AXS isn’t particularly valuable, and its value seldom rises or drops. This makes them less appealing if you’re for an investment opportunity.
The AXS cryptocurrency may be Ethereum-based, but it wasn’t designed for crypto gambling. It was designed as an in-game currency for Axie Infinity players. As such, most of its value is held up in the game, not as an investment.
Before betting with AXS at crypto casinos, you should find the ideal site. Here are a few things you need to consider:
If you want to save yourself some trouble with AXS casinos, choose any of these recommended Axie Infinity crypto gambling sites:
There are a couple of ways you can acquire AXS to play at online casinos. Let’s walk you through those right here:
AXS may be developed for the Axie Infinity NFT video game, but it does have practical uses beyond that sphere. It is readily available amongst gamers, making it a doddle for you to get involved with AXS betting at crypto casino sites, assuming they accept the cryptocurrency, to begin with.
No. In fact, it is more common in Metaverse games than in conventional crypto casinos. There are sites out there that accept it, though.
We’ve not seen it used in live dealer genes, but there are RNG table games that accept AXS bets.
We don’t see why not. However, you’re going to need to find a site that specializes in Axie Infinity betting first.
Given the popularity of the game, Axie Infinity Shards are well documented and protected compared to smaller, fledgling crypto options.
No. However, we can confirm that the fees attached to AXS deposits/withdrawals are much lower than with rival mainstream cryptos.