About Immutable X (IMX)
Buy Immutable X
Immutable X is an Ethereum Layer-2 scaling solution designed for NFTs. Using what is known as zero-knowledge proof technology (ZK rollups), Immutable X aims to increase the rate of on-chain NFT transfers, trades, and mints, and decrease network fees. The platform has a global NFT marketplace that provides increased liquidity by allowing NFTs listed on Immutable X to be traded through other marketplaces.
IMX is a utility and governance token. Its three main use cases are paying network fees, staking, and governance. We support the Ethereum (ERC-20) version of IMX, which is a multi-chain asset. IMX purchased on Gemini can be withdrawn to Ethereum compatible wallets and swapped to the native version of IMX using a bridge.
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The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.