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  3. Saudi riyal (SAR) to Immutable X (IMX)

Convert
Saudi riyal (SAR) to Immutable X (IMX) Instantly

SAR SAR
IMX IMX
Buy Immutable X (IMX)

Purchase Immutable X (IMX) with Saudi riyal (SAR) 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 SAR to IMX Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Immutable X Wallet Address

    Provide your IMX wallet address and proceed with the payment.

  3. 03

    Receive Your Immutable X

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

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GRT
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SAND
SAR
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TFUEL
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THETA
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Frequently asked questions

  • What is the SAR/IMX trading pair and what is its primary function?

    The SAR/IMX pair represents a direct fiat-to-crypto gateway, allowing users to purchase Immutable X (IMX) tokens using the Saudi Riyal (SAR). Its primary function is to provide seamless access for users in Saudi Arabia to the Immutable X ecosystem, a leading Layer 2 scaling solution for NFTs on Ethereum. This allows for direct investment into the platform known for zero gas fees on NFT transactions without first converting SAR to another major currency like USD.

  • What are the common payment methods for purchasing IMX with Saudi Riyal?

    To buy IMX with SAR, users typically rely on regulated cryptocurrency exchanges that operate in the region. Common payment methods include direct bank transfers using the Saudi Arabian Riyal Interbank Express (SARIE) system or payments via Mada debit cards. All reputable platforms will require KYC/AML compliance, so be prepared to verify your identity before conducting any digital asset purchase.

  • What technical advantages does Immutable X offer for NFT transactions?

    Immutable X leverages a powerful Layer 2 scaling technology called a ZK-Rollup (specifically StarkEx) to achieve massive scalability for Ethereum. This results in key benefits for digital collectibles and NFT marketplaces: zero gas fees for minting and trading NFTs, instant transaction finality, and a high transaction throughput of over 9,000 TPS (transactions per second), all while inheriting the robust security of the Ethereum mainnet.

  • Once I convert SAR to IMX, where should I store my IMX tokens securely?

    IMX is an ERC-20 token on the Ethereum blockchain. After purchasing on a centralized exchange, the most secure practice is to withdraw your IMX to a self-custody digital wallet that supports the Ethereum network. Popular choices include hardware wallets for maximum security or software wallets like MetaMask. Storing tokens in your own wallet gives you full control over your private keys and digital assets, reducing counterparty risk from the exchange.

  • Are there fees involved when I buy IMX with SAR, aside from the token price?

    Yes, several types of fees can apply. Cryptocurrency exchanges typically charge a trading fee (either a 'maker' or 'taker' fee) on the transaction. There might also be a deposit fee for funding your account with SAR via bank transfer or card. Finally, if you withdraw your IMX tokens to an external digital wallet, a network withdrawal fee will be charged by the exchange to cover the Ethereum blockchain transaction cost.
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