How to Buy Smooth Love Potion (SLP)

·

Smooth Love Potion (SLP) has emerged as a key digital asset in the blockchain gaming world, particularly within the popular play-to-earn game Axie Infinity. If you're looking to get started with SLP—whether to trade, invest, or use it in-game—this comprehensive guide will walk you through everything you need to know about buying, earning, and using Smooth Love Potion in 2025.

From understanding what SLP is and how it functions within its ecosystem, to step-by-step instructions for purchasing it on major exchanges like Binance and Gate.io, this article covers all the essentials with clarity and precision.

What Is Smooth Love Potion (SLP)?

Smooth Love Potion (SLP) is an ERC-20 token originally known as Small Love Potion before migrating to the Ronin blockchain, a sidechain developed specifically for Axie Infinity. It plays a crucial role in the game’s breeding mechanics: players use SLP to breed new digital pets called Axies.

Each breeding event requires an increasing amount of SLP:

This escalating cost helps control supply and prevent inflation in the Axie economy.

SLP is central to the "play-to-earn" model, allowing players—especially in regions like the Philippines—to earn real income by playing Axie Infinity. Players earn SLP by completing daily quests and winning battles in Adventure or Arena modes.

In addition to SLP, Axie Infinity also features AXS (Axie Infinity Shard), a governance token used for staking and voting on future game developments.

👉 Discover how blockchain gaming rewards work and start earning today.

How Can You Earn SLP?

There are two primary ways to earn SLP:

1. Play Axie Infinity

By forming a team of three Axies and participating in gameplay, users can earn SLP through:

Earnings depend on skill level and consistency. Skilled players often maximize their daily rewards by maintaining high win rates.

2. Join a Scholarship Program

New players without enough funds to purchase Axies can join scholarship programs. In these setups:

This model has helped onboard thousands of players globally, especially in developing economies where gaming income supplements livelihoods.

How Much SLP Can You Earn Per Day?

On average, active players can earn between 150 to 300 SLP per day, depending on:

High-tier players with optimized teams may exceed this range during promotional events or peak seasons. However, earnings fluctuate based on market dynamics and game balance updates.

It's important to track current SLP prices and breeding costs when evaluating profitability.

How to Buy Smooth Love Potion (SLP) on Binance

Binance is one of the most active exchanges for trading SLP. Follow these steps to buy SLP securely:

Step 1: Create and Verify Your Binance Account

  1. Go to Binance’s official website.
  2. Click “Register” and provide your email address and password.
  3. Confirm your email via the verification link sent to your inbox.
  4. Complete identity verification (KYC) under your profile settings by uploading government-issued ID.

Verification unlocks full trading capabilities and higher withdrawal limits.

Step 2: Deposit Funds

You can add funds via:

👉 Learn how to securely fund your crypto account and start trading fast.

Option A: Buy with Card

  1. Navigate to Buy Crypto > Credit/Debit Card.
  2. Select your local currency (USD, EUR, etc.) and choose USDT (Tether) as the target cryptocurrency if SLP isn’t directly available.
  3. Enter the amount and complete payment using card details.

Option B: Use P2P or Bank Transfer

If cards aren’t supported, use Binance P2P:

  1. Choose your preferred fiat currency.
  2. Select a reputable seller accepting bank transfers.
  3. Transfer funds and confirm receipt on Binance after verification.

Step 3: Trade for SLP

Once you have USDT or BTC:

  1. Go to Classic Trading or Advanced Trading.
  2. Search for the SLP/USDT trading pair.

  3. Place a market or limit order:

    • For faster execution, set a slightly higher price than current bids.
    • For lower cost, place a limit order below market rate (may take time).
  4. Confirm the trade.

Your purchased SLP will appear in your Spot Wallet under “Fiat and Spot.”

How to Buy Smooth Love Potion (SLP) on Gate.io

Gate.io is another reliable exchange offering low fees and strong security for trading SLP.

Step 1: Sign Up

  1. Visit Gate.io and click "Sign Up" in the top-right corner.
  2. Fill in your email and password.
  3. Confirm registration via email link.

Step 2: Enable Two-Factor Authentication (2FA)

Security is critical:

  1. Go to Settings > Security Settings > Two-Factor Authentication.
  2. Download Google Authenticator.
  3. Scan the QR code and enter the generated code along with your password.
  4. Activate 2FA.

This protects your account from unauthorized access.

Step 3: Deposit Funds

  1. From the dashboard, go to Wallets > Deposit.
  2. Choose a cryptocurrency (e.g., USDT or BTC) and copy the deposit address.
  3. Send funds from your external wallet.

Alternatively:

Step 4: Trade for SLP

  1. Go to Markets.
  2. Search for SLP/USDT or SLP/BTC.
  3. Enter trade amount and click "Buy SLP".
  4. Wait for order execution.

Your tokens will be credited instantly upon completion.

Frequently Asked Questions (FAQ)

Q: Can I buy SLP directly with fiat currency?

Yes, though not always directly. Most platforms let you first buy USDT or BTC with fiat, then trade for SLP on the spot market.

Q: Is SLP built on Ethereum or another blockchain?

SLP operates on the Ronin Network, a sidechain optimized for Axie Infinity transactions, offering faster speeds and lower fees than Ethereum.

Q: Where should I store my SLP safely?

After purchase, consider transferring SLP to a non-custodial wallet like Ronin Wallet or MetaMask (with Ronin network configured) for enhanced security.

Q: Does playing Axie Infinity guarantee income?

No. Earnings vary based on skill, time investment, market conditions, and game updates. Treat it as a supplemental income source rather than guaranteed profit.

Q: What affects the price of SLP?

Key factors include:

Monitoring these helps inform better buying or holding decisions.

Q: Are there alternatives to Binance and Gate.io for buying SLP?

Yes, other exchanges like OKX, Bybit, and MEXC also support SLP trading pairs with USDT or BUSD.

👉 Explore top platforms where you can trade play-to-earn tokens securely.

Final Thoughts

Smooth Love Potion (SLP) represents more than just a gaming token—it's a gateway into the growing world of blockchain-based economies and decentralized entertainment. Whether you're earning it through gameplay or purchasing it for investment or breeding purposes, understanding how to access and manage SLP is essential.

With exchanges like Binance and Gate.io providing user-friendly interfaces and robust security measures, buying SLP has never been easier. Just remember to prioritize account safety with strong passwords and 2FA, store your assets wisely, and stay updated on Axie Infinity’s evolving ecosystem.

As the play-to-earn movement continues gaining traction globally, SLP remains a foundational piece of that revolution—offering real value derived from digital effort and engagement.

All hyperlinks have been reviewed; only approved anchor text with https://www.okx.com/join/8265080 remains.