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Immutable (IMX)

€ 0,51177

-2,47 % € -0,01264
24h 1w 1m 1y All

Immutable Price in Euros

(IMX to EUR)

€ 0,51177

Immutable Volume

(24h)

€ 69.82 M

Market Cap

(Immutable)

€934.04 M
BTC

What is Immutable

Immutable X is a layer 2 scaling solution on top of the Ethereum blockchain. It aims to improve the scalability of Ethereum, enabling more efficient, cheaper and faster trading of NFTs. This not only provides a better user experience, but also benefits NFT developers.

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How does Immutable work?

The protocol uses zk-Rollups (Zero-Knowledge Rollups) to let users trade NFTs quickly and cheaply. Transactions are not processed on Ethereum, but off-chain, after which the validated transaction data (a zk-proof) is stored on Ethereum's blockchain.

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How to buy Immutable?

Want to buy IMX tokens? At Coinmerce you can buy Immutable X and pay with iDEAL, SEPA, credit card and other payment methods. First you specify how many tokens you want to buy from Coinmerce, then you can pay. As soon as we receive the payments, you will find your IMX tokens immediately in your wallet.

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How to buy Immutable?

Buying Immutable X (IMX) in Europe can be done at Coinmerce. When you have an account, you can indicate in the purchase window how many IMX coins you want to buy. You can also enter a euro amount, so you can see how many IMX tokens you can buy for that amount. You can place the order immediately, although it is also possible to place a trigger order. You can pay quickly and easily with iDEAL, SEPA, credit card and MyBank, without paying extra deposit fees. Is the purchase complete? Then we send the IMX coins directly to your personal wallet.

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About Immutable

Immutable X is a layer 2 scaling solution for Ethereum's blockchain. It aims to improve scalability, allowing users to process transactions more quickly and cheaply. This can be a time-consuming and expensive task without such a solution. In improving scalability, Immutable X focuses on NFTs, which use the ERC721 token protocol. But how can Immutable X process transactions so quickly and cheaply? Users can choose to perform their transaction over Immutable X. The transaction is then processed off-chain by means of a zk-Rollup. This rollup uses zk-Snarks technology, where transactions can be quickly validated and a zk-Proof remains. This is a cryptographic hash, which is used as the outcome of the transaction processing. This outcome is then stored on Ethereum's mainchain. Performing a transaction over Immutable X is lightning fast. In fact, this scaling solution can process 9000 transactions per second (TPS). You pay less than €1 to execute a transaction, and only have to wait a few seconds. Normally, for a transaction on Ethereum, you would have to wait 10 to 30 minutes, and in the worst case, you pay hundreds of euros in gas fees.

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Founder James Ferguson
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Founder Robbie Ferguson
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Founder
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Founder
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Founded 2021
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Industry Layer-two for NFTs
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Website Website
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Network Ethereum
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Location Australia
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Rank 65
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Market Cap 934.04 M
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Trading volume 69.82 M
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Maximum coins 2 B
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Circulating 1.82 B
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