Binance completes integration of Axie Infinity Ronin Network (AXS) and Smooth Love Potion (SLP)
Binance completes integration of Axie Infinity Ronin Network (AXS) and Smooth Love Potion (SLP) By Editor DiarioBitcoin

As of this Saturday, withdrawals for the Ronin network of AXS and SLP will open.

***
Binance announced today that it has now completed the Ronin network integration of Axie Infinity (AXS) and Smooth Love Potion (SLP) and has opened deposits for Ronin AXS and SLP tokens. Withdrawals for the Ronin

network will open from this Saturday, September 4, 2021 at 00:00 (UTC).

In addition to supporting deposits and withdrawals of Ronin AXS and SLP tokens, Binance

will continue to support deposits and withdrawals of ERC20 and BEP20 AXS & SLP tokens.

As many know, Axie Infinity is the trending crypto game, which is driving users in many countries, including the Philippines, Venezuela and Argentina crazy. In fact, yesterday we reported that Axie Infinity, which is based on the Play-To-Earn or play-to-win model, has generated a turnover of over USD $800 million in the last 30 days

.

About the terms

The online game, developed by Sky Mavis studio, allows players to generate revenue by buying, breeding and selling tokenized digital pets known as Axies. AXS and SLP

are the game’s cryptocurrencies, the former is the governance token and the latter is the one that allows you to create new digital pets, which are the ones that will compete to earn more coins.

For its part, Ronin is a sidechain linked to Ethereum

made specifically for this game.

It’s worth noting that the AXS token has seen a price growth of more than 13,600% since its price in January 2021. Relative to last month it was up 96%, as can be seen on CryptoMarkets. SLP

, on the other hand, has reduced its price by 30% in the last month.

If you want to know more how Axies trades you can read the experience of a player who got in on a scholarship

.

Sources: Binance, Axie

Version of DiarioBitcoin

Image by Axie

.