Top 4 gaming tokens to buy when the market returns
Are you a crypto gamer or play video games? The advent of blockchain has enabled gaming to go to the next level. Crypto gaming allows you to play and earn cryptocurrencies or non-fungible tokens (NFTS) after winning. There are notable platforms where you can game and earn tokens. With crypto gaming relatively new, you can buy and benefit from the price appreciation of the native tokens to associated blockchains. Here are our top picks based on market capitalisation:
ApeCoin (APE)
ApeCoin is the biggest gaming blockchain, with a market cap of $1.429 billion. The gaming blockchain is famous for the Bored Ape and Mutant Ape NFT collections.
The native token APE is classified as an ERC20 token, meaning it resides on the Ethereum blockchain. The token was officially released on March 16, 2022. APE has particularly been robust lately on the launch of staking feature and NFT marketplace. Stakers on the platform will start earning rewards on December 12, 2022.
Where to buy APE
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in.
It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest.
eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Nexo
Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team’s years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.
The Sandbox (SAND)
Besides ranking as a popular metaverse platform, The Sandbox (SAND/USD) is a crypto gamers’ darling. Players can create 3D worlds and participate in play-to-earn games on The Sandbox.
SAND, the native token, facilitates gameplay transactions. Users can use SAND to buy plots of land in the metaverse. SAND comes second among gaming tokens on market cap, with a valuation of $865 million.
Where to buy SAND
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in.
It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest.
eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Axie Infinity (AXS)
It is a top blockchain gaming platform popularly known for Pokémon-Esque creatures dubbed Axies. In fact, despite ranking lower on the market cap than its predecessors, Axie Infinity is recognised as a leader in play-to-earn gaming. Gamers engage in a monster-battling game for an alluring promise of rewards.
Axie Infinity native token AXS is the governance token. The token has a market cap of $848 million.
Where to buy AXS
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Coinbase
Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from.
Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.
Decentraland (MANA)
Another metaverse platform that ranks fourth in gaming tokens’ with a market cap of $729.4 million. Gamers can play games on Decentraland, buy and sell digital real estate, and interact with other users.
Where to buy MANA
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Coinbase
Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from.
Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.
Concluding thoughts
Gaming tokens carry a promising future amid the prolonged crypto winter. With the sharp decline in prices, the top gaming tokens could return big when cryptocurrencies recover.