Binance Announces Integration With Ronin, Axie Infinity Wallet



Good news for blockchain gaming addicts. Axie Infinity broker partner Binance announced full integration with gaming wallet, Ronin.

Before becoming a global fad, Axie Infinity started small and went through great difficulty because AXS and SLP tokens are based on Ethereum (ERC-20). In times of network congestion, fees were high and made simple actions nearly unfeasible.

According to early player reports, the Ronin wallet saved the game. It is a wallet that basically serves as a second layer on the Ethereum network for NFT gaming only.

With Ronin there was no need to pay the high Ethereum fees to buy and sell Axies or withdraw your earnings in Smooth Love Potions (SLP). However, there was still no way to escape the fees to deposit your tokens on some exchange to sell them, which just changed this Thursday (2).

According to an announcement posted on the official Binance website, the Ronin AXS and SLP token deposits are now available and withdrawals are scheduled for this Saturday (4).

“Binance completed the integration of the Ronin Axie Infinity (AXS) and Smooth Love Potion (SLP) network and opened deposits for the Ronin AXS and SLP tokens. Withdrawals to the Ronin network will open on 2021-09-04 00:00 (UTC).

In addition to supporting deposits and withdrawals of Ronin AXS and SLP tokens, Binance will continue to support deposits and withdrawals of ERC20 and BEP20 AXS and SLP tokens. ”

With this, the exchange rate, which has recently been integrated, can further expand its market share in the trading of Axie Infinity tokens, a game based on dynamics. play-to-earn (play to win).


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