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Convert
Malaysian Ringgit (MYR) to Immutable X (IMX) Instantly

MYR MYR
IMX IMX
Buy Immutable X (IMX)

Purchase Immutable X (IMX) with Malaysian Ringgit (MYR) 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.

Immutable X (IMX)

How to Buy Immutable X (IMX)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose MYR to IMX Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Immutable X Wallet Address

    Provide your IMX wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Immutable X

    Complete the payment, and your IMX will be sent to your wallet.

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Frequently asked questions

  • What is the MYR/IMX trading pair and what does it represent?

    The MYR/IMX pair allows you to buy the Immutable X (IMX) digital asset using the Malaysian Ringgit (MYR). IMX is the native utility token for Immutable X, a Layer 2 scaling solution for NFTs on the Ethereum blockchain. This protocol utilizes ZK-rollups to offer users gas-free minting and trading of NFTs with instant trade confirmation, making it a crucial component for NFT marketplaces and Web3 games.

  • What are common methods to deposit MYR for an IMX purchase on a cryptocurrency exchange?

    To purchase IMX with MYR, you typically need to use a regulated fiat on-ramp exchange that operates in Malaysia. The most common deposit methods are FPX (Financial Process Exchange) bank transfers and DuitNow transfers, which are widely supported by local Malaysian banks. These methods are preferred for their speed and low transaction costs. All reputable platforms will require KYC/AML compliance before you can deposit funds and begin trading.

  • What is the primary technological advantage of the Immutable protocol that traders should know?

    The key advantage is its use of StarkWare's StarkEx technology, a form of ZK-rollup. This allows the Immutable protocol to bundle thousands of off-chain transactions into a single proof submitted to the Ethereum mainnet. For traders and users, this translates to massive scalability, zero gas fees for NFT trades and mints, and instant transaction finality without compromising the underlying security of the Ethereum network. It effectively solves Ethereum's NFT scalability problem.

  • What are the main uses for the IMX token within its ecosystem?

    The IMX token has three core functions. First, it serves as a utility token for transaction fees on the Immutable protocol; 20% of every protocol fee is paid in IMX. Second, it's a governance token, allowing holders to vote on proposals related to the future of the network. Third, holders can earn staking rewards by locking their IMX tokens, which contributes to the security and stability of the digital asset ecosystem.

  • After buying IMX with MYR, what is the best practice for storing the digital asset?

    For long-term holding and enhanced security, it is highly recommended to withdraw your IMX from the cryptocurrency exchange to a non-custodial digital wallet where you control the private keys. An Ethereum-compatible wallet like MetaMask is a popular choice. You can then connect this wallet to the Immutable X Layer 2 platform to manage your assets, participate in NFT marketplaces, and engage with the ecosystem directly, all while maintaining self-custody.
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