In response to recent regulatory challenges faced by Binance and the inherent limitations of cryptocurrencies, GCash and Axie Infinity have joined forces to introduce a user-friendly, direct-to-crypto top-up method for trading Axie Infinity’s in-game currencies.
Recognizing that approximately 80% of Filipino internet users rely on GCash for financial services, this partnership aims to diversify access and cater to the local dynamics and user needs of the Philippine community.
As the Philippines takes the lead in global interest in Web3 gaming, Axie Infinity emphasizes the significance of providing Filipinos with a viable alternative.
Luis Buenaventure, Assistant Vice President of GCash, expressed excitement about blending the thrill of Web3 gaming with GCash’s financial technology, promising an enhanced user experience and anticipating exciting developments from the collaboration.
Martha Sazon, President and CEO of GCash, emphasized the importance of making crypto gaming friendly, affordable, and enjoyable for all users. Notably, Axie’s AXS (Axie Infinity Shards) and SLP (Smooth Love Potion) cryptocurrencies are already accessible through GCash’s GCrypto feature.
For those unfamiliar with the feature, the process is simple:
- Log into your GCash app and navigate to GInvest.
- Click on GCrypto.
- Top-up your crypto wallet using GCash to start trading.
- Look for AXS and SLP to explore the world of Axie Infinity gaming.
This partnership signifies a strategic move to democratize access to cryptocurrencies, providing a seamless and enjoyable experience for Filipino gamers and GCash users alike. Stay tuned for the exciting possibilities that this collaboration is set to unlock!