Is Immutable X (IMX) a Good Investment?

If you're considering adding crypto assets to your portfolio, ImmutableX warrants attention, especially if you're bullish on the future of NFTs. Here are more reasons why you could consider investing in IMX crypto: Growth Potential Immutable's collaboration with emerging web3 games and NFT collections on its platform can catalyze IMX price appreciation. Such partnerships enhance investor confidence and contribute to ImmutableX's value.Broader Market Sentiment The Immutable X value can also be influenced by broader market sentiment, encompassing not only cryptocurrencies but also the burgeoning domains of Web3, NFTs, and GameFi. As a platform supporting crypto initiatives in these arenas, the IMX to USD price could benefit from the growing interest of users and investors in these sectors.

What Is Immutable X Price Prediction?

It is challenging to offer an accurate IMX price prediction due to the volatile nature of the crypto market. However, monitoring the following factors could offer a better understanding of price trends in the Immutable crypto: Level of Adoption of Immutable X The level of adoption within the Immutable ecosystem is a pivotal driver. As more developers choose Immutable to power their web3 games and NFT collections, the demand for and price of Immutable X tokens could surge. The launch of additional projects attracts more users and enhances on-chain activity on the Layer-2 network, solidifying IMX's position as a valuable digital asset.Developments in the Immutable X RoadmapImmutableX's ongoing developments are significant influencers. Collaborations with established businesses outside the crypto sector to launch projects on Immutable can stimulate the IMX token price. Furthermore, when developers introduce upgrades that boost the efficiency of the ImmutableX platform and marketplace, it can drive the Immutable X price upward.Investor OutlookMarket sentiment plays a pivotal role in determining the IMX price movements. A positive and bullish outlook on digital assets and NFTs can fuel gains in the Immutable X price. Conversely, a bearish or risk-averse sentiment may lead to investor withdrawals and sell-offs, potentially weakening IMX token value.

What Is IMX Token Used for?

Immutable X (IMX) is the native token of the Immutable ecosystem and serves the following purposes: Native Currency IMX serves as the primary currency within the Immutable ecosystem. It covers 20% of the protocol fees incurred during transactions on the ImmutableX platform. Even if you don't possess Immutable X initially, the platform automatically converts transaction fees into IMX, ensuring seamless transactions.Stake IMX to Earn Rewards You can stake your IMX tokens by participating in the Immutable X staking pool. This allows you to earn rewards from the platform's revenues, enhancing your crypto holdings in a passive and lucrative manner.Participate in Decentralized Governance of Immutable Holding Immutable X tokens grants you voting rights and the opportunity to engage in the decentralized governance of Immutable actively. Your voice matters as you contribute to proposals that shape the platform's future evolution.Trading and Investment You can trade Immutable X against other cryptocurrencies on the KuCoin Spot Market, capitalizing on market conditions and volatility changes. Whether you buy, sell, or HODL IMX, it offers diverse investment possibilities.Earn Passive Income on KuCoinUtilize your IMX holdings to generate passive income through KuCoin's Crypto Lending service. By lending liquidity in IMX coin for varying durations (seven days, 14 days, or 28 days), you can earn daily interest, steadily growing your crypto portfolio in a secure and low-risk manner.

How to Buy NFTs on Immutable Marketplace

Here’s how you can buy NFTs on Immutable: 1. Start by visiting the Immutable Marketplace app. To interact with the platform, connect your non-custodial crypto wallet to its interface. 2. Buy Ether (ETH) on KuCoin or other supported platforms and transfer the tokens to fund your wallet. 3. Browse through the diverse NFT collections available on the Immutable X Marketplace.4. Click on the collection that piques your interest and explore the available NFTs within that collection. Examine the details, including the artwork, rarity, and attributes of each NFT.5. Review its price once you’ve found the NFT you wish to own. If you want to buy it directly, click the "Buy" button. Alternatively, if you prefer to bid for the NFT, click the "Make an offer" button. If your bid is successful, you can acquire the NFT at your bid rate.6. After making your selection, confirm the transaction using your wallet. This step finalizes the purchase.Note: Please conduct thorough research and understand the risks associated with NFT investments. Prices of NFTs can be volatile, and it's essential to make informed decisions.

How to Stake IMX Token on Immutable

Here’s how to stake Immutable X tokens and earn rewards: 1. Start by visiting the Staking section of the IMX Community website.2. To get started with staking, connect your crypto wallet to the platform. 3. Fund your wallet by buying IMX on KuCoin or other supported platforms and transferring your tokens to it. 4. Enter the number of IMX tokens you wish to stake. After specifying the amount, click the "Stake" button to confirm your staking.5. Once you've initiated the staking process, confirm the transaction from your wallet. This finalizes your staking and locks up your IMX tokens for a specific duration, typically 14 days.6. Your staked IMX tokens will now participate in the staking cycle. At the end of each cycle, you can unstake your tokens and claim rewards.

How to Buy Immutable X (IMX)

Price of Immutable X (24h)$1.29

2.58%

Real-Time IMX Rate Converter

Interested in buying Immutable X (IMX) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Immutable X (IMX) instantly wherever you are! Check out all the ways you can buy IMX on KuCoin.

Buy Immutable X (IMX) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Immutable X (IMX)

Use a variety of payment options to buy Immutable X on KuCoin. We'll show you how.

Choose How You Want to Buy Immutable X on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Immutable X (IMX).

Buy Immutable X (IMX) with a Credit or Debit Card

This is the easiest way for new users to purchase (IMX). Link your credit or debit card to your account, enter the purchase amount, then wait for the transaction to be completed.

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Buy Immutable X (IMX) via Bank Transfer

Depending on the region you are in, bank transfers are also a safe and convenient way to buy Immutable X. You can purchase IMX once the funds arrive in your account.

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Buy Immutable X (IMX) Using Third-Party Channels

KuCoin supports a variety of leading third-party payment processors. Visit our third-party payment page to view available methods in your region.

Buy Immutable X (IMX) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Immutable X (IMX). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Immutable X (IMX) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Immutable X (IMX).

Tip: KuCoin offers a variety of order types to buy Immutable X (IMX) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Immutable X (IMX) in your Trading Account.

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Get Your First Immutable X (IMX) with KuCoin

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How to Store Immutable X (IMX)

The best way to store Immutable X (IMX) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Immutable X (IMX).

Store Immutable X in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Immutable X in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Immutable X (IMX) to a non-custodial wallet. Storing Immutable X (IMX) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Immutable X (IMX) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Immutable X (IMX).

What Can You Do with Immutable X (IMX) on KuCoin?

Hold

Store your Immutable X (IMX) in your KuCoin account.

Trade

Trade Immutable X (IMX) in the spot and futures markets.

Earn

Earn passive income by staking or lending Immutable X (IMX).

Why Is KuCoin the Best Platform to Buy Immutable X (IMX)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Immutable X and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Immutable X (IMX) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain IMX in an instant when you buy on KuCoin.

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FAQ

How can I sell Arbitrum (ARB)?

Sell Arbitrum (ARB) conveniently via KuCoin Fast Trade or the KuCoin spot market. KuCoin Fast Trade is a trustworthy platform that supports over 70 payment methods, allowing you to swiftly and safely sell your Arbitrum (ARB). Alternatively, you can take advantage of the KuCoin Spot Market to sell your Arbitrum (ARB) for lower fees and zero slippage. Both market orders and limit orders are available on the KuCoin Spot Market, allowing you to sell your Arbitrum (ARB) at your preferred price.

Where can I buy Arbitrum (ARB)?

You can buy Arbitrum (ARB) via KuCoin Fast Trade and on the Spot Market. After completing your Identity Verification, you can buy Arbitrum (ARB) using your credit/debit card, or any other supported payment methods on KuCoin Fast Trade. Beyond that, you can also swiftly and safely trade your base currencies for Arbitrum (ARB) on the Spot Market. It's that simple! Refer to the guides on "How to Buy Arbitrum (ARB)" for more details.

How do I use a credit card to buy Arbitrum (ARB)?

You can buy Arbitrum (ARB) with a credit card on KuCoin in just a few simple steps. Simply go to the KuCoin Fast Trade page, select Arbitrum (ARB), and use your credit or debit card to pay. Be sure to complete Identity Verification prior so that you have access to all KuCoin features and services.

How do I use PayPal to buy Arbitrum (ARB)?

When purchasing Arbitrum(ARB), KuCoin does not currently accept PayPal. Instead, you can purchase Arbitrum(ARB) via PayPal on another trusted and secure platform, or transfer your funds to KuCoin to purchase Arbitrum(ARB) on the KuCoin Spot Market. Alternatively, KuCoin does support purchasing Arbitrum(ARB) using a wide range of other payment methods. Simply visit the Fast Trade channel to learn more.

How much does it cost to buy Arbitrum (ARB)?

The live price of Arbitrum (ARB) is $0.7877, meaning you can buy 1.26 ARB with $1. Use KuCoin's Arbitrum live price chart to find the best time to buy ARB.

Should I buy Arbitrum (ARB)?

Arbitrum currently ranks #-- in market capitalization among all cryptocurrencies. In the past 24 hours, the price of ARB has increased by 12.93%. Before trading Arbitrum (ARB), please be sure to perform both fundamental and technical analysis, and evaluate your level of risk tolerance.

Is Arbitrum (ARB) a good investment?

Arbitrum (ARB) has a market capitalization of $3,329,475,952.61 and is ranked #-- on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Arbitrum (ARB) price trends and patterns to find the best time to purchase ARB.

Immutable X (IMX) Price Analysis

Live Price

The live price of IMX is 1.35 USD, representing an increase of 13.15% in the past 7 days and 2.58% increase in the past 24 hours.

Historical Trends

The all-time high of IMX was 9.49 USD on 11-25, 2021, from which the coin is now down -85.74%.
The all-time low of IMX was 0.3865 USD, from which the coin is now up 71.46%.

ATL0.3865547092588284

ATH$ 9.49

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Disclaimer

Given the nature of the crypto market, the price of Immutable X (IMX) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.