You need to make sure that you are still within your GCash monthly transaction limits. a fully verified Binance account or a fully verified Coins.ph account or a fully verified PDAX account.a functional Ronin Wallet that holds your tokens.All of them use the Ronin sidechain to transfer as this doesn’t use gas fees. There are three ways to convert your tokens to PHP: one is via Binance, the other is via Coins.ph, the last is via PDAX. What do I need to convert my SLPs/AXS to GCash funds? What if the free transfer to Binance ends?.Converting to PHP in PDAX and Cashing out to GCash.Transferring and Converting via PDAX App.Converting to PHP in Coins.ph and Cashing out to GCash.Transferring from Ronin Wallet to Coins.ph.Transferring and Converting via Coins.ph.Why can’t I see AXS in the Sell token options under P2P?.Converting SLPs to PHP in GCash via Binance P2P.Transferring from Ronin Wallet to Binance.Transferring and Converting via Binance.What do I need to convert my SLPs/AXS to GCash funds?.You can also stake them to earn more AXS rewards. They are much more valuable as they are finite, unlike SLPs. They can be used as currency and each has voting powers for any proposed change in the ecosystem. This is why even to start playing the game needs a substantial investment because you’ll need to have three Axies to battle.ĪXS, which stands for Axie Infinity Shards, is the governance token used in the Axie ecosystem. Take note that all Axies are NFTs (nonfungible tokens, meaning “one-of-a-kind things”) and as such can reach high prices depending on the traits they have. Once an offspring is created, you can use it for battle or you can also sell them. When you want to create stronger offspring, you can breed two of your Axies. Axies are the pets in the game and each has unique traits. SLPs, which stands for Smooth Love Potions, is the in-game currency used in Axie Infinity. The game is big enough here in the Philippines that it pushed Coins.ph to support SLP and AXS tokens in their exchange. Axie Infinity is quite big for those that do play-to-earn crypto NFT gaming.
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