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What’s New and Unique at Indodax, Smooth Love Potion!

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What’s New and Unique at Indodax, Smooth Love Potion!

Smooth Love Potion (SLP) coin - INDODAX Academy

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This week, SLP crypto assets will be listed on Indodax. Open deposit will start on August 24th, 2021 at 14:00 WIB and open trading will also start on August 25 2021 at 14:00 WIB.

Smooth Love Potion is an ERC-20 token that is earned by playing the game Axie Infinity. This digital asset serves as a substitute for experience points. The CEO of the company behind the game is Trung Nguyen, who actually left his role as a software developer in the US to focus on the project.

Still confused? Don’t worry, because, before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to know more!

When SLP was initially launched, it didn’t actually have the fluctuating value as a cryptocurrency. However, this all changed when a liquidity pool for SLP was created on Uniswap. As we mentioned, the Binance Innovation Zone has rolled out support for Pokémon-inspired games. One trading pair is offered, linking it to ETH.

All of this means you may have a little trouble buying SLP outright with fiat. As a result, you may need to convert your dollars, pounds, or euros into a mainstream cryptocurrency like Ethereum first.

What Makes Smooth Love Potion Unique?

It’s quite unusual for in-game currency to be listed on an exchange as SLP has. In a way, it’s like Nintendo deciding to tie value for money to the coins used in Super Mario.

Nguyen said Axies are different from other non-equivalent tokens because of how they need to be nurtured if they are going to have a chance to reach maturity.

SLP is also unique in that it is one of the few in-game tokens listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “which tend to have higher volatility and pose higher risk than other tokens.”

SLP Crypto Assets

The 24-hour SLP trading volume of $104,024,868 USD prior to listing on CoinMarketCap is currently #186, with an immediate market cap of $231,581,602 USD and has an outstanding supply of 1,512,506,614 SLP coins and max. supply is not available.

How to Buy SLP Crypto Assets on Indodax

For those of you who want to buy SLP crypto assets, you can buy them on Indodax starting August 26, 2021 at 14:00 WIB. Here’s how to buy SLP crypto assets:

  1. For those of you who are not yet a member, you can click the link here.
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link.
  3. After your deposit and balance come in, you can return to the market.
  4. Look for SLP in the Rupiah market then click.
  5. After entering, you just have to buy by filling in the balance and at what price you want to buy SLP. You can also buy it instantly or directly at the current price.
  6. After that, you need to patiently wait for the price to increase for some time.
  7. After the price increases, you can sell at a higher price with the instant method.
  8. If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
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