How and where to buy Immutable X (IMX) from in Australia 2022

Summary:

Immutable X is a layer 2 project that sits on top of ethereum which gives you the ability transfer and transact NFTs without gas fees. To buy Immutable X ($IMX), you need to use the trusted exchange Kucoin.

Michael Scott
By:
Michael Scott
on
Dec 14, 2021
A screenshot of Immutable X's homepage
A screenshot of Immutable X's homepage

Table of Contents -

  1. How to buy Immutable X in Australia
  2. What is Immutable X
  3. Price of Immutable X in AUD

How to buy Immutable X in Australia:

To purchase Immutable X you will firstly need to sign up to a crypto exchange that offers USDT (like Coinspot) and then sending your USDT to  Kucoin, so you can purchase Immutable X. The following is a step by step guide on how to that -

STEP 1 -

  1. Sign up and create a account on Coinspot
  2. Complete the verification and KYC process
  3. Deposit AUD from you account using the deposit method
  4. Go to the ‘Buy’ page and select USDT 
  5. Enter the dollar amount you would like and then select ‘Buy’

STEP 2 -

  1. Once you have purchased USDT you then need to send it to an international exchange that supports Immutable X like Kucoin.
  2. First you will need to set up an account on Kucoin and complete the verification process.
  3. Once your account has been verified you will need to send your USDT to the deposit address of the new exchange where you can then buy Immutable X.
  4. To find your USDT address in Kucoin go to deposit, select your coin and select trading account.
Kucoin deposit section

STEP 3

  1. Copy paste the address and go back to Coinspot
  2. Now go to your Coinspot account select the Wallets tab from the menu
  3. Select USDT.
  4. Click the send tab and enter your Kucoin address and the amount you would like to send.

Step 4 -

  • Now that you have deposited funds into your Kucoin Trading Account you are now able to purchase Immutable X.
  • Go to Spot Trading section
  • Select the market tab (bottom right corner)
  • Enter the amount of IMX you would like to purchase and click “Buy IMX”
image showing where to buy Immutable x within kucoin
spot trade section of kucoin to purchase IMX


What is Immutable X

IMX aims to make NFTs scalable and cheaper on Ethereum. It is the first layer 2 zero-knowledge rollup (zk-rollup) solution for the ETH Blockchain. Built in partnership with StarkWare, gives users instant confirmation of trades, huge scalability (processing 9,000 transactions per second), and zero gas fees while still ensuring user ownership.

Price of Immutable X in AUD

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