How to Purchase Tether (USDT) using Axie Infinity (AXS)

To buy Tether using Axie Infinity, first, find a cryptocurrency exchange that supports the USDT/AXS trading pair, such as Nexo, PrimeXBT, YouHodler or Binance. Create an account, verify your identity, and deposit your AXS into your exchange wallet. Locate the USDT/AXS pair on the trading platform and place an order to exchange your Axie Infinity for Tether. If the USDT/AXS pair is unavailable, you can first exchange Axie Infinity for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tether. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.