Axie Infinity is without a doubt the first option that comes to mind when looking to generate income from an NFT game. Therefore, today we will tell you how to invest and earn money with Axie Infinity. If you wanted to know how to get started in this world of Axie, then you have come to the right place.
We recently told you that Axie Infinity was one of top 10 NFT games to earn money. However, you should keep in mind that learning to play it is something that cannot be achieved overnight. In addition, the return on investment is long and depends a lot on the value of the SLP coin as well. Because of this, we do not recommend investing in Axie Infinity if you think that you will quickly recover your money and that generating income is something easy.
How to invest in Axie Infinity
Investing in Axie Infinity is not difficult, but there are many things you have to know before taking a euro out of your pocket. For this reason, we recommend you take a look at this article right now that tells you clearly how much does an axie infinity cost. Do you already know how much the Axies you want cost and how much money do you plan to invest? Well this is when the magic begins.
The first thing you should do is create a wallet de Ronin downloading the application either on Google Play or App Store, or installing the extension for the browser you use on your computer. In your Ronin wallet you can store different currencies such as RON, WETH and SLP.
Once you have your Ronin wallet active, you will need to send him SLP, then change them to WETH and thus be able to invest in Axie Infinity. Why? Because the way to invest in Axie Infinity is to buy Axies, and this is done in the in-game market with a currency called WETH. However, you don't get it directly from Binance or some other cryptocurrency exchange, but you get it directly through ronin.
Si you are going to send the SLPs through Binance, do it through your spot wallet within the exchange and copy the address of your Ronin by clicking on the combination of letters and numbers, as it appears in the following image:
To this Ronin address you will send the SLP that you plan to invest in Axie. after you do it, you will change the SLP to WETH with the Swap button which takes you to a section of Ronin called Katana where coins are exchanged. You have to put it in the following way and enter the amount of SLP that you are going to invest:
After having changed the SLP to WETH, you will only have to enter the game marketplace y buy the Axies you want to use.
How to make money in Axie Infinity
Earning money in Axie Infinity is not easy, but you can do it through Adventure Mode and Arena Mode. The Adventure Mode tests you against the artificial intelligence of the game and the Arena Mode against other people who, just like you, want to generate income. In a nutshell, these are the two ways you can make money with Axie Infinity.
Axie Infinity is a game that requires skill and experience, the more games you win, obviously the more money you will have. So if you want to take your income to the next level, better take a look at this guide with Axie Infinity tricks to win your arenas. To win!
Journalist in the technology sector for more than 3 years, with extensive experience writing in some of the reference blogs on Internet browsing, apps and computers. I am always informed of the latest news regarding technological advances thanks to my documentary work.