How
$AXS Coin Works – Step by Step
AXS/USDT is a trading pair that represents the value of Axie Infinity Shards (AXS) against Tether (USDT). It allows traders to buy and sell AXS using USDT, a stablecoin pegged to the US dollar. This pair is widely used because it offers price stability, liquidity, and easy trading access.
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Step 1: Understanding the Two Coins
• AXS (Axie Infinity Shards)
AXS is the main governance and utility token of the Axie Infinity ecosystem. It is used for:
• Governance voting
• Staking rewards
• In-game transactions
• Breeding Axies
• Ecosystem development
• USDT (Tether)
USDT is a stablecoin pegged 1:1 to the US dollar. It provides a stable trading base and protects traders from crypto market volatility.
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Step 2: Pair Formation (AXS/USDT)
The AXS/USDT pair shows:
How much 1 AXS is worth in USDT
Example:
If AXS/USDT = 2.00, it means
👉 1 AXS = 2 USDT
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Step 3: Buying AXS with USDT
1. User deposits USDT into an exchange (like Binance)
2. User opens the AXS/USDT trading pair
3. User places a buy order
4. USDT is exchanged for AXS
5. AXS is stored in the user’s wallet
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Step 4: Selling AXS for USDT
1. User selects AXS/USDT pair
2. Places a sell order
3. AXS is converted back into USDT
4. USDT is credited to the wallet
5. User can withdraw or trade again
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Step 5: Price Movement Mechanism
The price of AXS/USDT moves based on:
• 📈 Demand for AXS (more buyers = price up)
• 📉 Supply of AXS (more sellers = price down)
• 🎮 Game adoption of Axie Infinity
• 📰 News & updates
• 📊 Crypto market sentiment
• 💰 Staking and token burning mechanisms
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Step 6: Profit Model
Traders profit by:
• Buying low AXS with USDT
• Selling high AXS back to USDT
• Staking AXS for rewards
• Holding long-term for ecosystem growth
#axsinfinity #MarketRebound