How to Buy Immutable (IMX): The Blockchain Gaming Token
Immutable is a platform for blockchain games and NFTs built on top of Ethereum. We explain what the IMX token is for, what its risks are and how to buy it step by step.
What Is Immutable
Immutable builds infrastructure for games: in-game items become NFTs that you can own and trade. To keep this fast and cheap, the platform runs as a layer-2 solution on top of Ethereum: Immutable X came first, followed by Immutable zkEVM.
The IMX token is used for paying fees in the ecosystem, staking and voting. It's an ERC-20 token.
To learn what NFTs are, see NFTs explained simply.
IMX Risks
- Dependence on games. Demand for the token hinges on whether popular games launch and whether people actually play them.
- Competition from other gaming networks.
- Unlocks of team and investor tokens.
- Volatility. The crypto gaming sector is especially sensitive to hype.
How to Buy Immutable (IMX): What to Do
The process is the same for any popular coin: exchange → USDT → spot order.
- 1. Sign up on an exchange that has the IMX/USDT pair: how to open a crypto exchange account.
- 2. KYC and 2FA. Without verification, major exchanges won't let you deposit and withdraw properly.
- 3. Fund your account with USDT. Via P2P: how to fund your account via P2P. If USDT is a new term for you, see what is USDT.
- 4. Buy with a limit order on the spot market so you don't overpay during a sharp move. More here: limit vs. market orders.
- 5. Stop-loss: mandatory if you're trading. Aspiro Trade sends ready-made trade setups with entry, take-profit and stop-loss: signals on 45 assets. See the app for the list of instruments.
- 6. Where to transfer. IMX was issued on Ethereum and is also available on the Immutable networks. Withdraw it on a network that both the exchange and your wallet support, and keep a little of that network's coin for fees.
IMX: Exchange or Your Own Wallet
| On the exchange | In your own wallet | |
|---|---|---|
| Keys | Held by the exchange | Held by you |
| Selling | Instant | Transfer to an exchange first |
| Main risk | Account hack or problems at the exchange | Lost seed phrase, wrong network |
| What you need | An account with 2FA | An Ethereum-compatible wallet |
Our partner link. If you decide to open an OKX account, please sign up through it: it's free for you and doesn't change any of the terms. If you trade, the exchange pays Aspiro a partner bonus, which goes toward developing our apps and the free Academy. We have no access to your account, your money or your trades.
- You don't have to buy a whole IMX coin: a small amount is enough.
- The order of steps: exchange → USDT → limit order.
- Set your stop-loss level before you enter, not after.
Frequently Asked Questions
Do I have to play games to buy IMX?
No. You buy IMX on an exchange, just like any other coin.
How is Immutable X different from Immutable zkEVM?
Both networks run on top of Ethereum. zkEVM is compatible with Ethereum smart contracts, which makes it easier for developers to bring their games over.
Where should I store IMX?
For trading, on an exchange with 2FA. For long-term storage, in your own wallet that supports the right network.
Start with free education
A step-by-step OKX guide and free Aspiro Academy courses: 26 lessons on investing and trading from scratch, with practice and a certificate.