Cryptocurrencies, digital ecosystems with their own tokens are increasingly developing. In this regard, in the financial market, it is possible to invest and conduct financial transactions not only with classical currency pairs, but also with token currencies/cryptocurrencies. One of the most popular such pairs is AXS/USD.
What is AXS?
Axie Infinity is a service that gives you the opportunity to earn tokens in a game form, as well as to make deposits into the virtual ecosystem. Essentially, the platform is a game with animated characters in the form of animals (Axie). Players grow and level them up, and the Axie can also fight each other. It is also possible to sell pets inside the platform for the same tokens. The system uses AXS tokens. They are accrued for creating content, participation in management votes. In addition, token holders receive them for providing liquidity on exchanges. Overall, AXS is among the top 50 cryptocurrencies in terms of capitalization value.
AXS value for traders
AXS tokens have been steadily gaining in value. The volatility of investments in the currency pair with the U.S. dollar is about 25%. At the same time, experts predict steady growth. Broker FreshForex offers comfortable conditions for investing. Modern MT4 platform is used for transactions.
A chart is provided to track the rate fluctuations. It displays the ratio of AXS to USD in real time and allows you to identify market trends.
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