How to buy Axie Infinity (AXS) in Canada

With a market cap of $150,215,279.00 USD, Axie Infinity ranks as the 326^th largest cryptocurrency by market capitalization in the world. It operates on the Ethereum blockchain network. It is currently trading at a price of $0.90 USD per coin and trades using the cryptocurrency code AXS.

Axie Infinity is a highly volatile asset capable of major price swings in a single day. So before you buy Axie Infinity, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy Axie Infinity in Canada or track its performance, keep reading to see the latest AXS price, market cap and trading volume along with a step-by-step guide on how to invest in AXS crypto in Canada.

Axie Infinity (AXS) summary

Current price	$0.90
All-time high	$164.90
All-time low	$0.12
1-year price change	▼ -88.27%
Market cap	$150.22M
Market cap rank	#326
Total volume (24h)	$14.92M
Circulating supply	167,531,479
Max supply	270,000,000
Network	Ethereum
Where to buy AXS	Buy on Paybis

All monetary values in this table are in USD and were last updated on December 17, 2025.

How to buy Axie Infinity in 5 steps

The whole process of buying AXS can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Axie Infinity in Canada:

1. Compare crypto exchanges

   The easiest way to buy Axie Infinity is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy Axie Infinity

   You can now exchange your funds for Axie Infinity. On beginner-friendly exchanges, this is as simple as searching for the coin name (Axie Infinity) or its crypto code (AXS), entering the CAD or AXS amount you want to purchase and clicking "Buy."

5. Secure your Axie Infinity

   Consider transferring your AXS to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy Axie Infinity in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Axie Infinity in Canada to help you compare deposit methods, supported fiat currencies and fees.

Axie Infinity coin price

The Axie Infinity (AXS) coin price is $0.90 USD, which is -3.00% lower than the previous day's trading price of $0.92 USD. Over the past 30 days, AXS's price has changed by -29.72%, from $1.28 USD to the current price of $0.90 USD. Compared to this time last year, Axie Infinity's coin price has seen a decrease of -88.27%.

What was Axie Infinity's all-time high price?

Axie Infinity reached its all-time high price of $164.90 USD on November 6, 2021, which was a +133,186.99% increase from its previous all-time low price of $0.12 USD, which it reached on November 6, 2020. It has since landed at its current price of $0.90 USD.

Historical Axie Infinity price chart

You can use this chart to track AXS price performance over time.

Can I buy Axie Infinity in Canada?

Yes, you can buy Axie Infinity in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Axie Infinity—like the ones in our curated list above—and place a "buy" order. For example, Paybis supports Axie Infinity and is a registered crypto exchange in Canada.

Because Axie Infinity is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is Axie Infinity?

AXS, an ERC-20 token, is the native cryptocurrency of Axie Infinity. Axie Infinity is a platform that hosts Axie NFTs, built on the Ethereum blockchain, and combines the popularly known Pokemon and Cryptokitties. It was launched in 2018 by Vietnam-based startup Sky Mavis. The AXS token can be traded, purchased or earned by playing the game. To play the game, you need three Axies to form a team, which might become a barrier for some users in the first place due to the price. These Axies are game characters that you own and control. The cheapest Axie is worth 0.03 ETH. However, winning a game would require good team synergy involving elements such as Axies stats and cards.

Players win by competing in PVP battles to win leaderboard prizes which go up to $30,000, or breeding Axies and then selling them on the marketplace, or battling against other Axies to win Small Love Potion tokens (SLP). Players can also collect and speculate rare Axies. The principle behind the game is play to earn, which is the most interesting aspect of the game. Users will soon be able to stake their AXS tokens on the protocol (Q3 2021) to receive regular rewards as a form of passive income.

What will I need to buy Axie Infinity?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Axie Infinity with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Axie Infinity with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Axie Infinity with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Axie Infinity, you could end up paying this:

• Price of AXS: $0.90 USD
• Purchase amount: 1000 AXS
• Estimated exchange fee (3%): $26.90 USD
• Total cost: $923.54 USD

If it took you three months to pay off your Axie Infinity purchase at a credit card interest rate of 19.99% APR, you would pay an additional $46.15 USD in interest on top of what you originally paid to buy Axie Infinity.

This example can help you compare the relative cost of buying Axie Infinity with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Axie Infinity, or visit our guide on buying crypto with a credit card for more details.

Can I buy Axie Infinity with a debit card?

Yes, it is possible to buy Axie Infinity with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Axie Infinity with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Axie Infinity crypto a good investment?

Below are the aspects you should consider before buying AXS:

Gamified DeFi: Axies Infinity guarantees an income as SLP tokens can be easily converted to ETH via UniSwap. Players can cash out their points if they do not wish to breed any further.

The use of UniSwap, which allows faster and efficient transactions on the Ethereum blockchain, makes this a unique combination of DeFi and a blockchain-based collectible platform

Governance: You can use AXS, the native token of the platform, to stake and vote. Users can earn the tokens by contributing to the network and participating in the game.

It rewards players based on their skill, involvement and effort, making it a fair distribution system

Storing tokens: AXS tokens can be stored in any ERC-20 compatible wallet such as Trustwallet or any hardware wallet such as Trezor One

Gas Fees: As noted above, Axie uses the Ethereum blockchain, which attracts high gas prices coupled with high Axie prices, which makes entering the ecosystem a costly affair for new entrants. Moreover, breeding also requires gas, which adds to the cost.

Axie Infinity has exclusively developed the Ronin Ethereum sidechain to mitigate this issue of high gas fees

• Price volatility: Axie Infinity's price is largely based on speculation, meaning it can rise or fall quickly. For example, Axie Infinity's price has decreased by -16.64% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Axie Infinity purchase order or moving Axie Infinity off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Axie Infinity sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for Axie Infinity and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Axie Infinity's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your Axie Infinity once you buy it

There are two main options for storing Axie Infinity once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Axie Infinity on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is Axie Infinity taxed in Canada?

Like all crypto, Axie Infinity is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling Axie Infinity can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Axie Infinity buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Axie Infinity can be risky. But if you decide to invest in Axie Infinity, look for a regulated crypto exchange in Canada that supports AXS, and make sure to store your crypto securely.

Once you've bought Axie Infinity, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Axie Infinity's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Axie Infinity in Canada

• How do I buy Axie Infinity instantly?

  You can quickly purchase Axie Infinity on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy Axie Infinity instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is Axie Infinity worth today?

  Axie Infinity is currently worth $0.90 USD today. For some context, it was worth -88.27% less a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers