How to Buy Smooth Love Potion (SLP) in 2024
Smooth Love Potion, or SLP, is a unique in-game currency that is a crucial component of the increasingly popular blockchain-based trading and battling game Axie Infinity. This page will be exploring how to buy SLP and what its benefits are.
How to Buy Smooth Love Potion
You can purchase Smooth Love Potion online using a cryptocurrency exchange. This is the easiest way to buy and sell cryptocurrencies—all you need is a computer or mobile device. See below for our top picks of platforms that offer Smooth Love Potion and simple steps to buy Smooth Love Potion.
1. Choose a platform
Before you can buy SLP, you will need to find a broker or exchange that supports it. Fees, features, and ease of use are some of the factors you might want to consider when choosing a platform. You can find a shortlist of the top platforms further down this page, or simply sign up right now with our top recommendations.
2. Create and fund your account
Hit the sign-up button and fill in any contact information you are asked for. Regulated platforms tend to have a Know Your Customer process, which could involve you providing a photo ID. Then you can fund your account on the deposit page through a variety of payment options such as credit/debit cards or PayPal.
3. Buy Smooth Love Potion
If you have just deposited British pounds, you’ll want to search the platform for the SLP/GBP trading pair. If there isn’t one, you’ll need to buy another currency like BTC or USDT first that you can then use to buy SLP. Create a market order to buy immediately or a limit order to set a price to buy at in the future.
Where to Buy Smooth Love Potion?
There is an ever-growing number of platforms available for buying crypto, but a regulated platform with a good reputation is your best bet if you want to keep your funds safe. There is no need to look at every platform, however, as we’ve already shortlisted the best ones that offer SLP below.
Things to Consider When Buying Smooth Love Potion
Every asset has its own pros and cons and you should be well aware of these before making a purchase. Here are a few things you might want to consider before buying SLP.
-
Decentralised Gaming. SLP is key to the blockchain-based game Axie Infinity, which has advantages over traditional games such as player ownership, the ability to create unique experiences, and the opportunity to earn rewards with real-world value. What’s more, Axie Infinity is one of the most popular games on Ethereum, with a huge user base.
-
In-game Utility. SLP tokens function like experience points and can be earned through gameplay such as by winning battles. They can then be used to breed creatures in the game known as “Axies”. Axies enable players to participate in fun in-game experiences and can even be sold to other players to extract real-world value.
-
Positive Token Economics. Although there is no cap on the maximum supply of SLP, it is needed to breed Axies and the SLP used in this way is “burned” (permanently removed from circulation. This means that a rise in the number of Axie Infinity players could both increase demand for SLP and reduce its supply, making the asset more valuable.