Immutable X describes itself as the first layer 2 extension solution for NFT on Ether. The token is down 4% today, but up 18% over the past 7 days. Is it time to buy the dip? This short guide gives the answer; you'll learn more about IMX and the best places to buy IMX now.

Popular places to buy IMX now

Since IMX is a new asset, it is not yet listed on the major exchanges. However, you can still buy IMX using the DEX (Decentralized Exchange), which just means there are some additional steps. To purchase IMX immediately, follow these steps.

1. Buy ETH on a regulated exchange or broker such as eToro '

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

2. Send your ETH to a compatible wallet, such as Trust Wallet or MetaMask

You need to create your wallet, get your address, and send your coins there.

3. Connect your wallet to Uniswap DEX

Go to Uniswap and "connect" your wallet to it.

4. you can now change your ETH to IMX

Now that you are connected, you will be able to redeem over 100 coins including IMX.

What is IMX?

According to Immutable X, its blockchain eliminates the limitations of ethereum, such as low scalability, poor user experience, lack of liquidity and slow developer experience.

Instead, users benefit from instant transactions and massive scalability, while enjoying zero gas fees for casting and trading NFTs without compromising user or asset security.

To achieve this, Immutable X is built using STARK zk-rollups, so users can create and distribute assets such as ERC-20 and ERC-721 tokens at scale.

According to Gods Unchained director Chris Clay, Immutable X allows games to implement a new meta-system that was previously impossible. In this way, Immutable X aims to create a world-class experience for users and developers alike.

Should I buy the IMX today?

IMX can be a very lucrative investment. However, be sure to explore the market and read at least a few price forecasts before making one. The downturn will probably continue.

IMX Price Forecast

Tech News Leader is very bullish on IMX. They predict it could go to $7.04 in 1 year, more than twice its current value. IMX will be worth $19.78 in 5 years and $126.83 in 10 years.

IMX on social media

If there’s one can.pic to buy, it’s @AuroryProject Bull flagg very bullish @CryptoGamingUtd @PlayToEarnGames #GameStop #IMX pic.twitter.com/FETHYDZzEa

– Six_crypto (@sixcryptok1) February 4, 2022