Axie Infinity is a cryptocurrency-cum-online game that allows people to raise and battle their NFT pets, referred to as Axies. The Axies can even be traded, making it unique among cryptocurrencies. The token is referred to as AXS and is powered on the Ethereum blockchain. Sky Mavis, the developer of Axis Infinity, also created Ronin. In this sidechain, most transactions take place because of lower fees. 

Launched in 2018, it became the biggest crypto app on the Ethereum blockchain in 2021, a clear indicator of its popularity. Moreover, you can easily convert your Axie Infinity tokens to traditional money by using the following methods.

Use Axie Infinity Cryptocurrency Exchanges
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Use Axie Infinity Cryptocurrency Exchanges

Cryptocurrency exchanges are the most popular platforms where people exchange their AXS tokens for traditional money. These platforms are easily accessible, so people prefer them over other means of exchange. All crypto exchanges have a similar functioning layout, so just following these steps will enable users to convert their tokens into traditional money:

  • Create an account on the platform that you want to use. 
  • Link your bank account to this account.
  • Select the fiat currency you wish to exchange your tokens for.
  • Adjust the number of tokens you want to exchange, and initiate the transaction.
  • The due amount will be transferred to the linked bank account.
Sell Axie Infinity to Another Person
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Sell Axie Infinity to Another Person

People can also sell their tokens to another person to get traditional money in return. A generalized overview would reveal that there are two types of platforms enabling you to do so.

The first type of platform to carry out such a transaction would be the P2P platform, which is for carrying out peer-to-peer transactions. The buyer can directly contact the seller and make the deal. There is no third-party involvement.

Another platform type is a brokerage, where a third-party institution mediates the transactions. There is a broker who goes over every minor detail of the transaction. They make all the decisions regarding transactions. You just have to pay a brokerage fee for using their service.

Use Axie Infinity ATMs
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Use Axie Infinity ATMs

Cryptocurrency ATMs have recently emerged as an increasingly popular method of exchanging cryptocurrency tokens for fiat currency. They are similar to regular ATMs, which makes them easy to use. But at the moment, there are no Axie Infinity ATMs. 

FAQs

Can I exchange my Axie Infinity coins for traditional currency?

Yes, you can exchange your Axie Infinity tokens for traditional money by using cryptocurrency exchanges or selling your coins to another person.

What are Axies? 

Axies are the adorable NFT pets users can raise within the Axie Infinity game. The game even allows players to breed new Axies.

How do I sell my Axie Infinity tokens to another person?

Two kinds of platforms allow you to sell your tokens to another person: P2P platforms or brokerage platforms.

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