Buying Axies

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Revision as of 18:31, 17 June 2018 by Edd (talk | contribs) (Created page with "==Axie Infinity Market== ===Buying and Selling=== The [https://axieinfinity.com/marketplace Axie Market] is where players list their Axies for sale. A “sell...")
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Axie Infinity Market

Buying and Selling

The Axie Market is where players list their Axies for sale. A “sell” action initiates a Dutch (or clock) auction for the Axie. Sellers choose a start price, an end price, and a length of time for the auction. To complete the process of putting an Axie up for sale, a transaction is entered into the Ethereum blockchain through a wallet interface with enough Gas to fuel the transaction. Axie Infinity collects a 4.25% commission fee from each sale, deducted from the final sale price.

Gifting

Players also have the option to “gift” an Axie to another player. (An ERC20 compatible wallet is necessary to receive an Axie. Gas is still required to gift an Axie since the transaction still needs to be processed.

Trading outside the Axie Market