Okcoin is the first U.S. licensed crypto exchange to offer both Axie Infinity (AXS) and Smooth Love Potion (SLP) deposits, withdrawals and trading against USD. And staking coming soon!
- What? Deposit, withdraw, and trade both Axie Infinity (AXS) and Smooth Love Potion (SLP) against USD on Okcoin.
- Who? All Okcoin customers except for residents of the EU, the UK, Singapore, and Brunei.
- When? Deposits are live since September 14 at 7 pm PT and trading will be available September 15 at 7 pm PT. Staking is coming soon. 👀
What’s Axie Infinity?
Axie Infinity is one of the most played games in the blockchain space, with more than 1 million daily active users as of August 2021. It reminds of Pokémon since it’s built around creatures called Axies, which can be collected, bred, raised, and traded. The point is to build a team of three Axies and use them to battle against other players. Throughout the game and the different battles, players can earn tokens to breed more Axies.
What’s special about Axie Infinity is that the game’s breeding mechanics create a new, unique Axie, which is encoded as a so-called “non-fungible token” (NFT): a unique token on the blockchain. Virtual land, also in NFT form, can also be bought in the game now.
The game is growing so quickly it generated more network fees than Ethereum in August 2021. It uses two assets: AXS and SLP.
What are the AXS and SLP tokens?
Axie Infinity relies on AXS and SLP because they have different functions. AXS is used to:
- Breed Axies
- Vote on the game’s governance matters
- Soon, stake and earn crypto rewards
SLP is used to:
- Breed new Axies
- Reward players who win battles and complete adventures in the game
Okcoin is the first U.S. licensed crypto exchange to list both assets. Our goal is to help you get easy access to the full experience of the game.