Home » GCash and Axie partner up for accessible crypto payment methods

GCash and Axie partner up for accessible crypto payment methods

Written By Duane Villanueva
Published • February 4th, 2024
FintechNews
0

Short URL: https://www.yugatech.com/go/2bsq

GCash users can now opt for an easier, accessible direct-to-crypto top-up method when trading for Axie Infnity’s in-game currencies.

With the recent regulatory challenges faced by Binance along with the restrictive nature of cryptocurrency itself—Axie and GCash partnered up to help the Philippines in diversifying access for their users in the Philippine community.

As about 80% of Filipino internet users rely on GCash for financial services, Axie also added that their partnership with GCash will “provide Filipinos with an alternative that meets the local dynamics and user needs”.

After all, the Philippines has been ranked first in the world for interest in Web3 gaming over the past three years.

“Axie Infinity is a beloved title to players across the globe, especially within the Philippines. We’re joining forces with their team to unlock new possibilities, aiming to blend the excitement of Web3 gaming with GCash’s financial technology. This partnership is all about enhancing user experience, setting the stage for exciting developments. Stay tuned for what we create together!”, said Luis Buenaventure, Assistant Vice President of GCash.

GCash President and CEO Martha Sazon also noted that “crypto gaming should be friendly, affordable, and enjoyable to all”.

We should also add that Axie’s AXS (Axie Infinity Shards) and SLP (Smooth Love Potion) cryptocurrencies are already available through GCash’s GCrypto feature.

For those unfamiliar with the feature, here’s how it works:

Log into your GCash app and click on GInvest.
Click on GCrypto.
Top-up your crypto wallet using your GCash to start trading.
Then look for AXS and SLP!

AxieAxie Infinityaxie infinity shardsaxsBinanceCryptocryptocurrencygcashgcryptoGInvest

Duane Villanueva

Communication graduate, closet cynic, and kid at heart. Duane is a rare person to find, quite literally. He often takes to himself but has proven his mettle in tech media with his quick wits. Well, the portfolio of scriptwriting, web content, and public relations help too, we suppose. As a homebody, he often spends his time on the streaming platform Twitch or ‘farming’ gaming clips with friends. He is also an avid fan of round glasses and anything relative to blueberries.