Axie Infinity has become one of the most popular play-to-earn blockchain games, allowing players to earn Smooth Love Potion (SLP) tokens through daily gameplay. But what many players want to know is: how can you turn those digital SLP tokens into real money in your bank account?
The good news is that the process is straightforward, secure, and accessible to anyone with a few basic tools. In this comprehensive guide, we’ll walk you through every step—from claiming your SLP rewards to withdrawing fiat currency directly to your bank account—using trusted platforms and best practices.
Whether you're a new player or have been farming SLP for months, this guide ensures you can cash out efficiently and safely.
Step 1: Claim Your SLP Tokens to Your Ronin Wallet
Before you can withdraw anything, you need to ensure your earned SLP tokens are securely stored in your Ronin Wallet, the official wallet for Axie Infinity.
- Go to the Axie Infinity official website and log in.
- Navigate to the "Claim Tokens" section.
Here, you’ll see two values:
- White text: Total SLP accumulated.
- Orange text: Amount available to claim.
- Click "Claim SLP" → "Claim SLP Now".
- Confirm the transaction in your Ronin Wallet extension.
Within a few minutes, the claimed SLP should appear in your Ronin Wallet balance.
🔍 Tip: You can only claim SLP once every 14 days, so make sure to accumulate enough tokens before claiming to maximize efficiency.
Step 2: Bridge SLP from Ronin Chain to Ethereum Network
To sell SLP on major exchanges like Binance, you must first move it from the Ronin network to the Ethereum network using the Ronin Bridge.
Steps to Use the Ronin Bridge:
- Visit the official bridge: https://bridge.roninchain.com
- Connect your Ronin Wallet.
- Select Withdraw.
- Choose SLP as the asset.
- Paste your MetaMask Ethereum address (ERC-20 compatible).
- Enter the amount of SLP to transfer.
- Confirm the transaction in your Ronin Wallet.
This process typically takes 5–15 minutes. Once complete, your SLP will be visible on the Ethereum network.
Add SLP Token to MetaMask (If Not Visible)
Since SLP isn’t automatically displayed in MetaMask, you’ll need to manually add it:
- Open MetaMask and click "Import Tokens".
- Select "Custom Token".
- Paste the SLP contract address:
0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25 - The token symbol (SLP) and decimals will auto-fill.
- Click Add Token.
Now you’ll see your SLP balance in MetaMask.
Step 3: Transfer SLP from MetaMask to Binance
With SLP now on the Ethereum network via MetaMask, it's time to send it to Binance where you can trade it for stablecoins or fiat currency.
How to Deposit SLP to Binance:
- Log in to your Binance account.
- Go to Wallet → Spot Account → Deposit.
- Search for SLP (Smooth Love Potion).
- Select the ERC-20 network (critical—do not choose others).
- Copy the deposit address provided by Binance.
Send from MetaMask:
- In MetaMask, select SLP and click Send.
- Paste the Binance deposit address.
- Enter the amount of SLP to send.
- Review the gas fee (transaction cost in ETH).
⚠️ Gas fees fluctuate; expect $3–$10 during low congestion. - Confirm and send.
After confirmation (usually within 10–20 minutes), your SLP will appear in your Binance Spot Wallet.
Step 4: Convert SLP to USDT or Another Stablecoin
Now that your SLP is on Binance, it’s time to convert it into a stablecoin like USDT (Tether), which maintains a 1:1 value with the US dollar.
Selling SLP for USDT:
- Go to Markets → Spot Trading.
- Search for the SLP/USDT trading pair.
- Click Sell (red button).
- Choose Market Order for instant execution.
- Enter the amount of SLP you want to sell.
- Confirm the trade.
Your account will now show an equivalent amount of USDT based on current market rates.
💡 Why use USDT? It’s a stablecoin—its value doesn’t swing wildly like other cryptocurrencies—making it ideal for holding or converting into fiat.
👉 Learn how top traders convert digital assets into stable value with minimal fees and maximum speed.
Step 5: Exchange USDT for Your Local Currency (e.g., EUR, USD)
With USDT in hand, you’re just one step away from real-world spending power.
Convert USDT to Fiat:
- Navigate to Buy Crypto → Fiat & Spot → Convert.
- Select your local currency (e.g., EUR, USD, GBP).
- Choose the USDT/EUR or equivalent pair.
- Enter the amount of USDT you want to convert.
- Click Buy EUR with USDT (or relevant currency).
This instantly converts your crypto balance into fiat funds within your Binance account.
Step 6: Withdraw Money to Your Bank Account
Finally, let’s get that money into your personal bank account.
Withdrawal Options on Binance:
✅ Bank Transfer (SEPA for EUR):
- Fee: ~€0.80
- Processing Time: 1–3 business days
✅ Debit/Credit Card Withdrawal:
- Fee: ~1%
- Speed: Instant
Steps:
- Go to Wallet → Fiat and Spot → Withdraw.
- Select Fiat.
- Choose your currency and withdrawal method.
- Enter the amount.
- Confirm with 2FA or SMS verification.
Once processed, the funds will appear in your linked bank account.
✅ You’ve now successfully turned Axie Infinity gameplay into tangible income.
Frequently Asked Questions (FAQ)
Q: How long does it take to withdraw SLP earnings to a bank account?
A: The entire process typically takes 1–3 days, depending on blockchain confirmation times and bank processing speeds. Most delays occur during the bridging and transfer stages.
Q: Are there fees involved in cashing out SLP?
A: Yes. Costs include:
- Gas fees on Ethereum (~$3–$10)
- Binance trading fees (~0.1%)
- Withdrawal fees (€0.80 or 1%)
Plan accordingly to maximize net gains.
Q: Can I use wallets other than MetaMask?
A: Yes! Any Ethereum-compatible wallet supporting ERC-20 tokens (like Trust Wallet or Coinbase Wallet) works with the Ronin Bridge and Binance deposits.
Q: Is it safe to link my bank account to Binance?
A: Binance uses advanced encryption and two-factor authentication (2FA). As long as you follow security best practices (strong passwords, 2FA enabled), it's considered safe.
Q: Why do I need to bridge SLP to Ethereum first?
A: Most major exchanges, including Binance, support Ethereum-based (ERC-20) tokens but not Ronin-native assets directly. Bridging allows cross-chain compatibility.
Q: What if my SLP doesn’t show up on Binance?
A: First, verify you selected ERC-20 when depositing on Binance. Then check the transaction on a blockchain explorer like Etherscan using your wallet address.
Final Thoughts
Turning Axie Infinity earnings into real money is no longer a mystery—it’s a clear, repeatable process combining blockchain technology with modern financial platforms.
By following these steps—claiming SLP, bridging to Ethereum, transferring to Binance, converting to stablecoins, and withdrawing fiat—you maintain full control over your digital-to-real-world financial journey.
Remember: always double-check network types (ERC-20), keep gas fees in mind, and use secure accounts with strong authentication.
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