Immutable X (IMX) breaks out and jumps 2% today on GameStop partnership: you can buy it here

Immutable X (IMX) has been trending since announcing its partnership with GameStop for an NFT marketplace project. The announcement brought the IMX coin bear market to an end and the price has started going up today after three days of consolidation.

As a result, investors have taken interest in the IMX coin and most are now looking for how to acquire the coin.

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Because of the increased demand for the Immutable X coin among investors after the GameStop partnership, Invezz has created a brief article to help investors understand what Immutable X coin is and also assist them in finding the best places where they can buy it.

To find out more, please continue reading.

Best places to buy the Immutable X token online

As IMX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase IMX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy IMX right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for IMX

Now that you’re connected, you’ll be able to swap for 100s of coins including IMX.

What is Immutable X (IMX)?

Immutable X (IMX), commonly just referred to as IMX coin, is the native token of the Immutable X blockchain protocol.

The Immutable X protocol is a layer 2 scaling solution for non-fungible tokens (NFTs) on the Ethereum blockchain. It offers users instant trading, zero gas fees and massive scalability minting and trading NFTs without compromising their security and that of their assets.

The Immutable X blockchain is built using the STARK zk-rollups, “an all-in-one” technology according to Ethereum’s founder Vitalik Buterin.

Should I buy IMX today?

If you are looking for a cryptocurrency that has the potential of bouncing back, you could consider IMX, especially after the Gamestop partnership.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

Immutable X price prediction

Going by the recent price movements, Immutable X price is anticipated to continue with the current bullish trend at least for the rest of February.

However, it is always important to keep in mind that the cryptocurrency market is extremely volatile and it can unleash surprising moves.

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