Axie Infinity (AXS) is a groundbreaking Blockchain-based game ecosystem that combines traditional gaming, cryptocurrency, and NFT elements, operating on a Play-to-Earn (P2E) model in a virtual world called Lunacia. Managed through the Ronin sidechain, this ecosystem allows players to own and trade in-game assets. Axie Infinity aims to redefine the gaming world with Blockchain technology, offering a more inclusive and rewarding experience for players. In this article, you will find answers to two frequently asked questions: What is Axie Infinity (AXS), and how to buy Axie Infinity (AXS) with TRY.
What is Axie Infinity (AXS)?
Axie Infinity is a groundbreaking Blockchain-based game ecosystem that combines traditional gaming, cryptocurrency, and NFT elements. The game operates on a Play-to-Earn (P2E) model in a virtual world called Lunacia, inhabited by creatures known as Axies. Transactions and asset management within this ecosystem are conducted through the Ronin sidechain, a Layer-2 EVM-compatible Blockchain specifically designed to support Axie Infinity. The Ronin network not only facilitates the game’s digital economy but also expands to enable third-party game development.
Ronin uses a Delegated Proof of Stake (DPoS) consensus mechanism with RON as its native token. The network is secured by 22 validators, including 10 community-run and 12 governance validators selected by the project team.
Axie Infinity was founded by Trung Nguyen, Aleksander Leonard Larsen, and Jeffrey Zirlin. The founders, who met while playing Cryptokitties, aimed to address a fundamental flaw in traditional games where the value generated primarily benefits platform owners. Axie Infinity offers a different approach, allowing players to own and trade in-game assets, thereby sharing the value they help create.
The project began with the pre-sale of Axie NFTs in April 2018, followed by the issuance of AXS tokens through a Binance launchpad sale in November 2020. Initially distributed as an ERC-20 token on Ethereum, AXS was later bridged to BNB Smart Chain (BEP-20) and Ronin (ERC-20 equivalent). In April 2021, Axie Infinity migrated its game platform and AXS functionality from Ethereum to Ronin, and the staking program for AXS started in September 2021.
Key milestones in Axie Infinity’s journey include the launch of the Axie NFT Marketplace in March 2018 and the release of the first battle game in October 2018. The Ronin testnet went live in July 2020, followed by the mainnet in February 2021. All Axies were migrated to Ronin by April 2021. The alpha version of Axie Infinity, Origins, launched in April 2022, with Runes and Charms NFTs minted in August 2022. Axie Infinity Origins was added to Google Play in December 2022 and to the AppStore and iOS in select countries in May 2023. Axie Infinity Homeland entered the Pre-Beta Phase in September 2023, and the Governance Portal was launched in May 2024.
The project’s ultimate goal is to create a single application offering a lifelong gaming experience within the Axie Infinity universe. Future developments may include a social network, enhanced Axie customization and leveling, a breeding game, a Player vs. Environment adventure game, and a commercial store for clothing and collectibles. While specific details and release dates are yet to be confirmed, these plans reflect the team’s vision to continually develop and expand the Axie Infinity ecosystem.
Through these efforts, Axie Infinity aims to redefine the gaming world by leveraging Blockchain technology to create a more inclusive and rewarding experience for players. The game not only provides entertainment but also offers financial incentives, making a unique and innovative contribution to the digital gaming world.
How to Buy Axie Infinity (AXS) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Axie Infinity (AXS). Over 100 cryptocurrencies, including AXS, can be traded on Binance TR, where accounts can be quickly created. Follow these steps to buy Axie Infinity (AXS) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. Go to trbinance.com and continue from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identity number.
After entering the requested information completely and accurately, email/SMS verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can choose to complete the verification process from your phone or through Binance TR’s official website. Note that you will need your mobile phone to verify your identity on the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click on the “Copy URL” option to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first, tap on the “Identity” option to continue.
Then a screen like the one below will appear. To continue the verification process, first, select the document type that suits you.
After selecting the document type, tap on the “Upload Front” option to continue. After taking a photo of the front side of the document, tap on the “Upload Back” option and take a photo of the back side of the document. Ensure that the images are clear and that the information in the photos can be easily read when taking photos of the front and back sides of your ID card or driver’s license.
Then tap on the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Ensure that your face fills the camera area as much as possible once the camera opens.
After completing all these steps accurately, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 and make uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits from other banks can be made via FAST up to 50,000 TL 24/7. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first, go to trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should click on the “Other Banks” option to continue.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can transfer money via wire transfer, EFT, or FAST. All you need to do is use the information displayed on the page of your preferred bank to transfer the amount you want to deposit into your Binance TR account via wire transfer, EFT, or FAST.
After your bank completes the transfer, the funds you sent will be automatically reflected in your Binance TR account wallet.
How to Buy AXS Coin with TL on Binance TR?
After the deposit process, you can proceed to the TL to AXS coin purchase step by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
After clicking on this option, the following page will open. In the search box on the right side of this page, type “AXS” and click on the AXS/TRY option from the results to go to the TL to AXS purchase page.
Now the following AXS trading page will open. In this page, in the area marked with a red box, you need to enter the price at which you want to buy AXS in the first box and the number of AXS you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy AXS” button.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services, leveraging Binance’s technology, security measures, and liquidity provided through Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users supported by Binance’s core functions through Binance TR gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls.
