In 2021 we saw a huge emergence of blockchain games. This niche gave birth to a new paradigm of play-to-earn mechanisms where users can simply spend time in their favorite video game and get rewarded with crypto tokens. Axie Infinity (AXS) is one of the leaders in this sector and provides AXS tokens as rewards. As such, users are always looking for the best way to convert AXS into a more mainstream cryptocurrency for everyday payments.
However, since AXS resides on the Ethereum network, gas fees for converting these into other cryptocurrencies can be quite costly. Moreover, very few exchanges propose low-fee trading pairs like AXS to XRP. In this article, we will provide a quick overview of AXS and XRP and assess why it can be interesting to convert one to the other. Finally, we will give you a foolproof method of swapping AXS for XRP securely and effortlessly. Let’s begin.
AXS to XRP Crypto Pair
Blockchain gamers are piling up the rewards from fresh NFT and play-to-earn gaming schemes. Axie Infinity with its AXS token has become one of the most acclaimed blockchain gaming platforms, able to provide its users with a decent regular income through rewards. However, AXS tokens can be difficult to use as payments, as they incur high gas fees from the Ethereum blockchain.
Ripple Network was created specifically to provide easy peer-to-peer payments, with fast transactions and low fees. Consequently, swapping AXS for XRP can be quite useful. However, on traditional exchanges, this can be quite difficult as it will require many extra steps. To alleviate this issue, Godex.io has streamlined this process and allows you to make AXS to XRP transfers anonymously and nearly instantly. But before we see how this is done, let’s have a quick overview of both of these cryptocurrencies.
Axie Infinity Overview
Axie Infinity is a blockchain game where players can use cute digital monsters recorded as NFTs to battle each other and complete quests. Created in March 2018, the game really skyrocketed in popularity in the last year, drawing in thousands of players to its reward scheme.
The game rewards players with SLP tokens for completing tasks, but also with the premium AXS tokens that are distributed as PVP rewards. From a modest token that was valued at around $0.5 in 2020, AXS has since skyrocketed above $100, bringing in incredible profits for players of the Axie Infinity game.
Ripple is a peer-to-peer payment network that was specifically created to cater to financial institutions for international money transfers. Released back in 2013, the XRP token is a veteran of the crypto space that has managed to hang onto its top-10 spot by market cap for nearly a decade.
While the Ripple Network’s major goal is to improve the current banking system, many users have adopted it as a means of payment due to the low transaction fees it incurs. Moreover, XRP transfers are lightning-fast, which is a great advantage in this market.
XRP experienced its biggest price rally in 2018 when the token went from a humble $0.006 to an all-time high of $3.3 in January 2018. The price has since retraced quite a bit and in 2021, XRP has been trading around between $0.8 and $1.2.
Where to Swap AXS for XPR
As we mentioned earlier, an AXS to XRP swap can be quite tricky, as many exchanges don’t provide this trading pair. Moreover, you will need to find a reliable exchange that provides fast services and fixed rates. And if you want to do this anonymously, you will quickly find out that centralized exchanges are out of the picture, since they require extensive KYC.
Fortunately, Godex will provide solutions to all of the above challenges and add some benefits on top of that. Converting AXS to XRP on Godex is incredibly simple and doesn’t require that you register an account. Follow this step-by-step guide, and you will have swapped your tokens in no time:
- Visit the Godex website.
- Choose your tokens for exchange — AXS on the left side and XRP on the right — and provide the desired amount.
- Click “Exchange,” provide your wallet address and sign the transaction. That’s it!
You will notice how the exchange never asked for any of your details. This is because, on Godex, you can make crypto swaps without providing as much as your email address, keeping your personal data out of the cloud.
How to Choose a Reliable Exchange
When choosing a crypto exchange platform, consider the following factors:
- Security — an exchange must provide the best security possible. Exchanges like Godex that use non-custodial wallets should be preferred, as they are virtually unhackable.
- Speed — in the volatile crypto market, speed is of the essence, so that you don’t miss out on profits while the swap is processing.
- Low fees — if you are trading often, fees can quickly pile up. Make sure you choose an exchange with low processing fees.
- Anonymity — keeping your private information separate from your crypto holdings is essential. This will ensure your funds are secure and will avoid attracting criminals.
Fortunately enough, Godex ticks all the boxes on this list.
AXS and XRP are both popular cryptocurrencies, with different use cases. But very few exchanges propose this trading pair, which makes it difficult to exchange one for the other. Godex provides you with one of the best methods to swap between them — quickly,