How to Buy Immutable (IMX)

Immutable is a Layer 2 (L2) blockchain that supports creating non-fungible tokens (NFTs) and building fast, secure, and scalable apps for play-to-earn games. It also aims to solve blockchain congestion issues, and provide a smoother experience for participants who mint and trade NFTs. 

IMX is the native cryptocurrency of the Immutable blockchain. In addition to serving as a store of value, this ERC-20 utility token functions as a reward for participants who help uphold network operations. This includes maintaining adequate liquidity provisions, and a balanced tokenomic structure. Additionally, decentralized applications (dApps) built on the Immutable network can integrate with IMX for a comprehensive user experience. 

Curious enthusiasts can track the value of IMX, as well as other vetted assets, on the CEX.IO crypto prices page. In this article, we explore how to buy IMX instantly with a credit or debit card. 

Where can I buy IMX?

Eligible participants can acquire IMX, as well as 100+ other cryptocurrencies, through our crypto payment app, which supports iOS and Android devices, and our recently premiered trading platform, CEX.IO Spot Trading. 

How to purchase IMX on CEX.IO?

CEX.IO offers numerous gateways for acquiring IMX, and empowers users to choose their preferred route to buy or exchange crypto effortlessly. Instant Buy is the most intuitive pathway for buying cryptocurrencies, including IMX. It allows customers to seamlessly connect their credit/debit cards, e-wallets, bank accounts or external wallets with their CEX.IO accounts. However, please note that available payment methods may vary by jurisdiction.

Here’s how to purchase IMX through Instant Buy using a credit or debit card: 

1. Sign in at CEX.IO and locate Instant Buy.
2. Select the fiat currency you wish to use for the purchase.
3. Pick IMX from the dropdown list of cryptocurrencies. 
4. Enter the amount you want to spend.
5. From the Add Funds page, determine a preferable method of payment (credit/debit card).
6. Enter your card information.
7. Double-check all the details.
8. Initiate the payment following the page instructions.
9. Confirm the purchase.
10. Check the balance on your CEX.IO crypto wallet.

Note: Depending on the card issuer, you may receive an SMS or email with a one-time password to confirm the payment.

Alternative payment methods to buy IMX on CEX.IO

Along with traditional credit and debit cards, eligible customers can obtain IMX through several other payment solutions. However, we encourage our members to conduct thorough research, and check the available purchasing gateways in their respective jurisdictions. 

Additional methods to obtain IMX on CEX.IO include: 

• Bank transfers (SEPA, SWIFT)
• E-wallets (Skrill, Neteller)
• App processors (Google Pay and Apple Pay)
• Direct crypto deposits 

How to buy IMX in the U.S.? 

Unfortunately, IMX is not available for U.S. customers. However, U.S.-based participants are free to explore the list of cryptocurrencies available in their jurisdiction and select those that best align with their financial plans. 

U.S.-based users can buy crypto with Paypal, credit/debit cards, Google Pay, and ApplePay. To become eligible, new users should first verify their accounts by completing our KYC/AML procedure. 

To expedite the verification process and become eligible to complete crypto transactions, U.S. users should have their Social Security Number and a government-issued ID ready beforehand.

This will unlock a range of features and services, allowing our U.S. customers to purchase major cryptocurrencies like BTC, ETH, and SOL. Plus, participants can buy USDT and other supported stablecoins for greater asset mobility between traditional and decentralized financial verticals.   

FAQ

How to buy IMX with a bank account?

Eligible customers can purchase IMX through their bank accounts using fiat deposits. Standard verification is applied for users intending to spend less than $10,000 per day. Those who wish to spend more must provide their source of funds. For more information, please refer to our guide on how to buy crypto with a bank transfer. 

How to store IMX? 

For newcomers, the most convenient method to store IMX could be with a secure custodial wallet, like those accessible through our website or CEX.IO App. Boasting intuitive designs and beginner-friendly interfaces, software wallets can allow for on-the-go portfolio access and management. Alternatively, users can explore hardware wallets to manage their IMX independently, with a more hands-on approach.

What can I do with IMX on CEX.IO after purchasing it?

IMX holders can perform a variety of actions, including withdrawing their tokens and swapping IMX for fiat and/or other cryptocurrencies through our crypto trading app or the Convert service in the CEX.IO Wallet.