Immutable X has positioned itself as the leading layer-two scaling solution for NFTs on the Ethereum blockchain. By utilizing STARK zk-rollups, it addresses Ethereum’s limitations including scalability, user experience, liquidity, and developer speed. Immutable X allows users to mint and trade NFTs with zero gas fees while ensuring security. It also offers instant trading and massive scalability. This technology enables the creation and distribution of assets like ERC-20 and ERC-721 tokens on a large scale. Immutable X has been praised by Chris Clay, Director of Gods Unchained, for enabling the implementation of a new meta system that was previously impossible. With its focus on NFTs and the use of zk-rollups, Immutable X is at the forefront of Ethereum’s development. It has the potential to become the default NFT blockchain, provided it achieves its promised speed of over 9,000 transactions per second. The API abstraction layer simplifies interactions related to NFTs through REST APIs. Users will not need to switch networks when connecting their wallets, and a middleware called “Link” provides a secure wallet experience for NFTs. Immutable X allows the creation of NFT marketplaces with shared global order books, promoting protocol liquidity and supporting third-party market ecosystems. The protocol aims to lower entry barriers for content creators and smaller developers. IMX coin has gained attention for its price performance and the use of zk-rollups, although investors remain cautious due to market downturns. IMX coin can be purchased securely on Binance, the largest cryptocurrency trading platform. Users can buy IMX by exchanging fiat currency for Bitcoin, Binance Coin, Tether, or BUSD, which are traded in the IMX trading pair. On Binance, users can place buy orders below the market price and purchase at their desired price using the Limit tab.
