Coinbase announces integration of Axie Infinity (AXS) and other tokens within its trading platform
Coinbase announces integration of Axie Infinity (AXS) and other tokens within its trading platform By Angel Di Matteo @shadowargelNow

Coinbase and Coinbase Pro users will be able to store, send, receive and exchange the Axie Infinity token , AXS. The move does not include other coins associated with the game, such as Small Love Potion (SLP).

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US-based

international exchange Coinbase announced the addition of the token associated with the Axie Infinity game , AXS, to its trading platform, meaning that users of the service will now be able to trade this and other cryptoassets through its website or its Android / iOS

apps.

This was announced by the Coinbase team in a new publication through its Official Blog, where it indicated that in addition to Axie Infinity (AXS), it will also provide support for Request (REQ), TrueFi (TRU), Quickswap (QUICK) and Wrapped Luna (WLUNA). Therefore, users of the exchange

will now be able to send, receive, store and exchange these tokens in all regions where the platform operates.

Another important thing to note is that the aforementioned tokens, in addition to being listed on Coinbase, will also be available for trading through Coinbase Pro

.

Axie Infinity token available on Coinbase

As such, the AXS token is associated with the popular Ethereum Blockchain-based game ,AxieInfinity. Here players train and battle with collectible virtual monsters (NFT)

to win prizes in the various digital currencies that are part of its ecosystem.

In the case of AXS, this is a governance token associated with the game, so its owners can staking (put funds in guarantee), use them actively in their games and have voting power over decisions related to the future of Axie Infinity

.

The addition of AXS to Coinbase does not include the other tokens in the game, such as Small Love Potion (SLP), which is received as currency by those who train their Axies in campaign mode and compete against other users in PvP (Player vs Player)

battles.

See also  NFT or traditional collector's items?

Coinbase

adds popular tokens

The addition of AXS and other tokens goes hand in hand with the strategy that the Coinbase team seems to follow , d

Coinbase periodically informs its users about the list of the most demanded assets by its community, as long as they successfully pass the research phase carried out by the corresponding team.

Previously Coinbase announced the list of other quite popular tokens, among which stand out the cases of Dogecoin (DOGE) and Shiba Inu (SHIB), both considered memecoins that capitalized significant volumes of operations at specific times of this 2021.

The arrival of certain cryptocurrencies to Coinbase represents a very good sign for its community of enthusiasts, since the platform is one of the most reputable both in the U.S. and internationally, so it is a guarantee that the tokens listed will have good market liquidity.

Coinbase is expected to announce the addition of more reputable tokens in the digital currency ecosystem in the near future.

Recommended reading

Source: Coinbase Blog

Angel Di Matteo’s version / DiarioBitcoin

Image from the Axie Infinity website.