Coins.ph, the Philippines’ largest crypto and mobile wallet, has announced recently the addition of AXS and SLP to its platform.
AXS and SLP are now added in Coins.ph
Customers may now access 12 cryptocurrencies on the Coins.ph app, which debuted this year with four virtual assets. Not only that but they also boast a new user interface. With the addition of AXS and SLP, Axie Infinity players are now able to use the platform in buying, selling, and storing.
Due to the popularity of Axie Infinity, Coins.ph reports that AXS and SLP are two of the most requested tokens. Within the Axie Infinity ecosystem, AXS and SLP each have their own set of use cases. AXS is the game’s governance token, allowing its holders to vote on proposals that will define Axie Infinity’s future.
Holders can stake or lock up AXS for a defined period in order to receive extra AXS as a reward. AXS may also be obtained through participating in various in-game events, such as becoming the best player in a certain season.
Meanwhile, SLP is the in-game token of Axie Infinity that is mostly gained through winning matches in the game. Completing daily tasks, combating in-game adversaries, or participating in arena battles against other players are examples of such activities.
SLP is also a prerequisite for giving birth to new Axies. Players can accomplish it through “breeding,” and breeders play an important role in the Axie ecosystem. They breed new Axies to sell to other players, rent to their so-called “scholars”, or play for themselves.
“Axie Infinity has emerged as one of the most popular NFT games this year. With a significant number of Axie players based in the Philippines, we aim to support this growing community of scholars and managers within the country. The launch of AXS and SLP is just the start of what’s to come in 2022,” says Nauman Mustafa, CEO of Coins.ph.
Customers only need to update their Coins.ph app to the newest version to start buying, selling, and storing AXS and SLP. You can download the Coins.ph app on Google Play and the App Store. However, to buy, sell, or store these new tokens, customers must be ID and selfie verified.
