How Does Online Game Cryptocurrency
Work?
The idea of using cryptocurrency in online games is not new. Steam and other online game
websites used to accept bitcoin as a payment method but recently removed it. Thankfully, there
are a number of other options available to gamers that accept crypto for payments. Some of
these include Bitrefill, Axie Infinity, and Enjin Coin hyperverse ecosystem. You may also consider Bitpay if you prefer
this method over other options. Here are a few examples of how these new services work:

Enjin Coin
Enjin Coin is an online game currency and a digital currency that is intended to empower gaming
communities to manage virtual goods and in-game items. The system allows users to trade
assets across games and communities hyperverse net. In order to use the platform, users must first convert
their online goods into Enjin tokens, or NFTs. These tokens are created by minting, which is the
process of converting digital goods into unique tokens. The mining process is based on protocols
on the blockchain.
Axie Infinity
In the Axie Infinity online game, a player can earn SLP or “slippers” by playing the game and
lending them to other players. This currency is then exchangeable for real money. In the game,
Axies are obtained through a variety of means, such as playing the game directly or participating
in the “scholarship” system. In the game, however, you can also earn SLP and other currencies
through investment.
Bitrefill
The Bitrefill online game allows users to use cryptocurrencies as payment methods. This service
offers mobile top ups in more than 160 countries, gift cards for restaurants, entertainment, and
travel, and even cryptocurrency. As a result, users can easily top up their phones and enjoy a
better service without having to spend money on fiat currencies. In addition, Bitrefill accepts
Dogecoin, which is the cryptocurrency most popular among gamers.

Bitpay
With more online gaming operators adopting Bitcoin as a payment method, it’s no wonder BitPay
is seeing rapid growth in the gaming industry. Using Bitcoin payments allows gamers to pay for
in-game items and make purchases without a third-party processor. With a flat 1% transaction
fee, online gaming operators pass that savings on to their users. And because Bitcoin
transactions are “push” instead of “received,” there’s no risk of chargebacks. In addition, BitPay
accounts can be funded anywhere in the world without a third-party, allowing gamers to pay with
the cryptocurrency of their choice.

Gods Unchained Mythic
If you’ve ever played Magic: The Gathering, you know how much fun a digital trading card game
can be. The same can be said for Gods Unchained, an online game that uses blockchain
technology. This game offers a similar play-to-earn model where you earn GODS, a digital
currency that serves as payment in-game. You can later convert your GODS into fiat currency or
other digital assets.