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What kind of currency is IMX coin? Where to trade IMX coins?
Immutable X (IMX) is an Ethereum-based scaling solution designed to enhance NFT transactions with lower gas fees and faster processing speeds.
Oct 14, 2024 at 01:18 pm
What is Immutable X (IMX)?
- Definition:
Immutable X (IMX) is a Layer-2 scaling solution for Non-Fungible Tokens (NFTs) on the Ethereum blockchain. It was developed by Immutable, a company specializing in blockchain gaming and NFT technology. - Purpose:
IMX aims to address the scalability issues and high transaction fees associated with NFTs on the Ethereum network. By utilizing a Zero-Knowledge (ZK) Rollup, IMX processes transactions off-chain, significantly reducing gas fees and improving transaction throughput.
Where to Trade IMX Coins:
- Centralized Exchanges:
- Binance
- Coinbase
- Kraken
- FTX
- Decentralized Exchanges:
- Uniswap (v3)
- Sushiswap (v2)
Additional Information on IMX Coin:
- Launch: November 2021
- Total Supply: 9.4 billion IMX
- Maximum Supply: 20 billion IMX
- Consensus Mechanism: Proof-of-Stake (PoS)
Use Cases:
- NFT trading and collectibles
- Gaming transactions
- Metaverse and virtual world marketplaces
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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