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How Users Can Acquire Immutable X Coin

How Users Can Acquire Immutable X Coin WikiBit 2024-10-21 21:00

Immutable X has established itself as the pioneering layer-2 protocol specifically designed for Ethereum, streamlining NFT transactions with its promise

Immutable X has established itself as the pioneering layer-2 protocol specifically designed for Ethereum, streamlining NFT transactions with its promise of zero fees and instant processing times.

As an open-source protocol, Immutable X enables users to create decentralized applications, including marketplaces and gaming platforms. It boasts a remarkable capability of handling 600 times more transactions per second than conventional Ethereum NFT marketplaces, ensuring a seamless experience for users and gamers.

Despite being labeled an “exchange,” Immutable X primarily functions as a marketplace. With a peer-to-peer design that boasts 9,000 transactions per second, it is essential for gamers, where every second counts, to avoid any delays that could negatively impact their performance.

The platform allows users to mint and deploy NFTs efficiently, either individually or in bulk, and does so without charging any fees. NFTs created on Immutable X are instantly available for trading in the market while benefiting from Ethereums robust security.

IMX serves as the platforms native utility token, designed as an ERC-20 token to promote ecosystem growth through community rewards and staking. With a total supply of 2 billion tokens, IMX grants users voting rights on key platform decisions. However, ultimate control remains with the Immutable X team.

To obtain Immutable X Coin, users can trade securely on Binance, the largest cryptocurrency exchange globally. IMX Coin is available in several trading pairs, including IMX/BTC, IMX/USDT, and IMX/BUSD.

To buy IMX, users should register on Binance, deposit cryptocurrency or fiat, and then select the desired trading pair. For instance, selecting IMX/USDT allows users to specify the amount and proceed with the purchase by placing a Buy IMX order.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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