Immutable X is described as the first layer-2 protocol on Ethereum 
$3,233, focusing on NFTs, offering zero fees, instant transactions, and a secure platform.
What is Immutable X (IMX)?
Immutable X is an open-source protocol that provides users the opportunity to build and develop decentralized applications, including marketplaces and games. Additionally, Immutable X offers 600 times more TPS (transactions per second) than other Ethereum-based NFT marketplaces. This means both users and players experience zero disruptions within the platform.
On the other hand, although Immutable X Exchange is referred to as an “exchange,” it is actually the platform’s marketplace. Immutable X, a peer-to-peer platform offering zero transaction fees and 9,000 TPS, is crucial for players, as every second counts. Even the smallest delays or interruptions can result in significant negative consequences for their tasks and game rankings.
Immutable X equips users with the ability to create and deploy NFTs at scale, whether they are launching a single item or in bulk. The platform handles all financial transactions free of charge.
Additionally, NFTs minted on Immutable X are immediately available for trade in the open market while maintaining the security provided by Ethereum.
IMX is the native utility token of Immutable X, created specifically as an ERC-20 token to help drive the platform’s growth through rewards such as staking and protocol adoption incentives. These incentives are reserved for community members who contribute to Immutable X becoming a scalable NFT ecosystem for Ethereum.
With a supply of 2 billion tokens, IMX provides platform users with voting power on the future direction of Immutable X. However, it’s important to note that the platform is not a decentralized autonomous organization (DAO). Ultimately, the team still holds the final say on the direction of Immutable X.
Where to Buy IMX Coin?
Immutable X Coin can be securely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. IMX Coin is traded on the Binance platform in IMX/BTC, IMX/USDT, and IMX/BUSD pairs.
To buy Immutable X Coin (IMX), you first need to become a member of the Binance exchange. After completing the membership, you must transfer cryptocurrency or fiat currency to the Binance wallet. Once the transfer is complete, you can purchase IMX Coin from any of the three pairs mentioned above. For purchasing from the IMX/USDT trading pair, go to the interface of this pair. In the limit section, enter the amount you wish to buy. Once the amount is specified, complete the purchase by placing a Buy IMX order.
