Convert
Chilean peso (CLP) to Immutable X (IMX) Instantly
Purchase Immutable X (IMX) with Chilean peso (CLP) easily at Switchere and benefit from fast, secure transactions.
About
Immutable X (IMX)
Immutable X (IMX) is a leading Layer 2 scaling solution specifically engineered for non-fungible tokens (NFTs) and Web3 gaming on the Ethereum blockchain. Its primary purpose is to overcome Ethereum's inherent limitations of high gas fees and low transaction throughput, thereby enabling seamless, cost-effective minting and trading of digital assets. Immutable X utilizes StarkWare's powerful ZK-rollup technology (StarkEx) to achieve massive scalability, offering instant trade confirmation and up to 9,000 transactions per second without compromising the underlying security of the Ethereum decentralized network. This makes it a crucial piece of Web3 infrastructure for developers building NFT marketplaces and blockchain-based games requiring high performance.
The platform provides robust APIs and SDKs, facilitating easier integration for game development studios and creators of digital collectibles. The native utility token, IMX, plays a vital role within its tokenomics. It is used for paying protocol fees, participating in platform governance by voting on proposals, and staking to earn rewards from network activity. By offering features like a global order book for enhanced NFT liquidity and a commitment to carbon-neutral transactions for ERC-721 assets, Immutable X positions itself as a foundational technology for the burgeoning NFT ecosystem, aiming to accelerate the adoption of decentralized gaming and digital ownership through improved cryptographic security and user experience.
How to Buy Immutable X (IMX)
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Frequently asked questions
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What is the primary method to buy Immutable X (IMX) with Chilean Pesos (CLP)?
Typically, a direct CLP/IMX trading pair is uncommon. The most common method is to use a local Chilean cryptocurrency exchange as a fiat on-ramp to buy a major digital asset like Bitcoin (BTC) or a stablecoin (like USDT) using a Chilean bank transfer (Transferencia Electrónica). After that, you would transfer the acquired asset to a global exchange that lists IMX and trade it for IMX. This multi-step process requires KYC/AML compliance on both platforms. -
What is the core utility of the IMX token within the Immutable X Layer-2 protocol?
The IMX token is an ERC-20 utility token integral to the Immutable X ecosystem. Its primary functions are: 1) Paying for transaction fees on the protocol (though Immutable X offers gas-free transactions for end-users, a fee is collected and paid in IMX). 2) Staking to earn rewards from the network's fee pool. 3) Governance, allowing IMX holders to vote on proposals related to the protocol's future development and policies. -
What technical advantages does Immutable X offer for NFT minting and trading?
Immutable X is a Layer-2 scaling solution for Ethereum, utilizing StarkWare's ZK-Rollup technology. This provides significant advantages: 1) Gas-free NFT minting and trading, eliminating high transaction costs on Ethereum's mainnet. 2) Massive scalability, processing up to 9,000 transactions per second. 3) Instant trade confirmation. 4) Carbon-neutral NFT ecosystem, as the batching of transactions via ZK-Rollups vastly reduces the energy footprint. 5) Inherits Ethereum's robust security. -
What types of fees should I expect when converting CLP to IMX?
The process involves several potential fees: 1) A deposit fee when you fund your local exchange account with CLP. 2) A trading fee on the local exchange for the CLP-to-crypto transaction. 3) A network withdrawal fee to move your intermediate crypto (e.g., USDT) to the global exchange. 4) A trading fee on the global exchange for the final USDT-to-IMX trade. 5) An Ethereum (ERC-20) network fee if you withdraw your IMX tokens to a self-custody digital wallet. Always check the fee schedule of each platform involved. -
How can I securely store my IMX tokens after purchase?
For maximum security, you should transfer your IMX tokens from the exchange to a self-custody digital wallet where you control the private keys. Since IMX is an ERC-20 token, it is compatible with any Ethereum-based wallet. Options include software wallets like MetaMask or Trust Wallet, or for enhanced security, hardware wallets such as Ledger or Trezor. Storing assets on an exchange long-term exposes you to counterparty risk.