Axie Infinity now fully supported by Binance as Ronin wallet gets integrated

With Ronin Wallet now fully integrated in Binance, Axie Infinity players can now withdraw and deposit their SLP and AXS with minimal gas fees.

Axie Infinity players can now withdraw and deposit their $SLP and $AXS with minimal gas fees, as Ronin Wallet Binance integration has been completed.

#Binance Completes @AxieInfinity $AXS & Smooth Love Potion $SLP Ronin Network Integration https://t.co/20ECnzbilL

— Binance (@binance) September 2, 2021

Getting integrated into Binance means that players can now trade their $SLP and $AXS directly in Binance. Previously, doing this was subject to crippling gas fees as the currencies still need to go through Metamask.

The Ronin Wallet Binance integration led to a massive spike in $SLP value, up by around 15% from $0.1159 to a peak of $0.1417, settling at its current price of $0.1329.

📢 We are happy to announce that Binance has just integrated Ronin Network.

Players will soon be able to deposit and withdraw $AXS and $SLP without insane gas fees! https://t.co/yK9Ig1P9Fa

— Axie Infinity | #AxieOrigins, #AxieHomeland (@AxieInfinity) September 2, 2021

With this, proponents of the so-called “play-to-earn revolution” feel optimistic about the outlook of Axie Infinity. The integration of the Ronin Wallet in Binance helps in legitimizing the cryptocurrencies in Axie Infinity. But even so, Binance continues to be banned in several states in the US.

What are SLP and AXS?

$SLP and $AXS are the two cryptocurrencies players can earn by playing Axie Infinity. In-game, SLP and AXS are consumed to breed Axies, which you then use to fight other players. Winning games in Axie Infinity awards players with $SLP. Getting to the top of leaderboards and winning in esports competitions award players with AXS. Both resources are traded outside of the game using the Ronin Wallet, and are now being traded in Binance thanks to the Ronin Wallet Binance integration.