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What is Immutable X?

Immutable X (IMX) is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on the Ethereum Blockchain. It provides significant scalability and zero gas fees for minting and transacting, all without compromising user or asset security.

  • The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading and can be used to pay fees, perform governance or stake on the protocol.
  • The IMX token was built for the purposes of rewarding pro-network activities like liquidity provisions and building applications. The token aligns incentives between traders, creators and marketplaces so that all participants benefit from protocol activity.

The Immutable foundation is the exclusive service provider developing and managing the Immutable X protocol and token. No director nor employee of Immutable, nor Foundation directors will be directly receiving any tokens as compensation for their services or their involvement in the project.

How do I swap Immutable X?

Enter amount to swap
Select the quantity of Immutable X you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Immutable X

Why Should I Trade IMX with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Immutable X no matter what your trading experience is. Unlike other international and Australian Immutable X exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Immutable X with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Immutable X how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Immutable X?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Immutable X for free.

Cold Storage

If you are holding Immutable X as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Immutable X. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Immutable X. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Immutable X has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Immutable X is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Immutable X exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Immutable X & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Immutable X safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Immutable X portfolio here.
Yes! With CoinSpot you can convert your Immutable X to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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