Axie Infinity has seen astronomical growth in July 2022. In the last seven days alone, the market has sold around 300,000 Axies. Part of the Axie economy involves people buying and selling Axies.
Some people buy Axies to build teams to play games, while others buy Axies to invest and speculate about the value of Axies. At the same time, some people sell the Axie because they may have a valuable Axie and want to cash in on the recent popularity of Axie Infinity.
Axies prices fluctuate greatly depending on game activity. Therefore, as more players join the game, the need for Axies increases and, in turn, stimulates market activity.
This guide will provide a step-by-step guide on how to sell your Axies.
Read the following article, if you don’t know about how to play axie infinity
How to Sell Axies
Connect to Ronin Wallet
First, connect your Ronin wallet to your Axie Infinity account. Then navigate to the inventory tab. Your Axies will appear here.
Once you are in your inventory, click the Axie you want to sell (Sell).
You have the option of selling your Axies at a fixed price or an auction.
Fixed Price Sales (Fixed Price)
For a fixed price, set a price first, and your Axie will then be listed for sale on the Axie marketplace.
Auction Sales (Auction)
In an auction, you have to decide on the starting price, ending price, and duration. For example, you can set the initial price at 0.3 ETH and the final price at 0.5 ETH for one day. This means that the price of your listed Axie will increase over time of the day from 0.3 ETH to 0.5 ETH.
Alternatively, you can start at a higher price and end at a lower price or set it at the same price. You can also adjust the duration of how long you want the auction to last. If no one buys your Axie at the end of the auction, it will end up at the final price you have set.
Once you have selected your type of sale, click “Confirm” to list it on the Axie marketplace.
Note that every sale on the Axie marketplace has a 4.25% fee taken from the seller. For example, if you sell Axie for 1 ETH, you will receive 0.9575 ETH. This fee goes to Axie Community Treasury.
After completing the steps above, all you have to do is wait patiently for your Axie to sell.
How to Cancel an Axie Sale (Cancel Selling)
Once you have listed your Axies for sale, you can cancel your listings if you change your mind and want to keep your Axies. Or maybe your listed selling price is too high, and no one has bought your Axie after a while, and you want to re-list it at a lower price. To cancel, open the Axie you have registered and click the “Cancel Selling” button.
You will also receive a prompt in Ronin to cancel the transaction. Click “Confirm” to complete the cancellation.
Selling your Axie is a simple process. We hope this step-by-step guide to selling Axies has been useful to you. If you are interested in getting your Axies to sell quickly in the marketplace, do some basic price research on Axies with similar traits and price them competitively when you list them for sale.
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