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Home» Markets»is it time to buy the dip?

is it time to buy the dip?

rocketman 05 Feb 2022 Markets Comments Off on is it time to buy the dip? 169 Views

ImmutableX claims to be the first layer-two scaling solution on Ethereum for NFTs. Today’s token loss was 4%, but it has gained 18% in the past seven days. Do you think it’s time to invest in the dip? This short guide gives the answer; you’ll learn more about IMX and the best places to buy IMX now.   

Here are the top places to buy IMX right now

IMX, a brand new asset, is not yet listed on major exchanges. IMX can be bought using a DEX (decentralised exchange), however, this means that there are a few extra steps. These are the steps to buy IMX now:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We recommend eToro as it is a world-leading multi-asset trading platform, an exchange and wallet in one with the lowest fees. It is user-friendly and provides more payment options than any other service.

2. Send your ETH directly to a compatible wallet such as Trust Wallet or MetaMask

Create your wallet, grab an address and send your coins.

3. Connect your wallet and the Uniswap DEX

Visit Uniswap to ‘connect’ you wallet.

4. Now you can swap your ETH to IMX

You can now exchange for 100s of coins, including IMX, once you have connected.

What is IMX?

According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience.

Users benefit instead from instant trading and huge scalability, while also enjoying zero gas costs for minting or trading NFTs. This is without compromising asset security or user privacy.

Immutable X has STARK zk -rollups. This allows users to distribute assets on a large scale such as ERC-20 or ERC-721 tokens.

Chris Clay, Gods Unchained’s director, says Immutable X allows them to create a new meta-system. Immutable X aims at creating a world-class user experience and a great developer experience.

Do I need to buy IMX right now?

IMX is a great investment. Before you commit to any investment, make sure to do your research and check out at least a few price predictions. This downturn could continue.  

IMX price prediction

Tech News Leader is extremely bullish on IMX. They expect it to rise to $7.04 per year, which is more than twice its current price. IMX will reach $19.78 over 5 years, and $126.83 over 10 years.  

IMX on social media

If you could.pic it for someone to buy it. @AuroryProject
Bull flagging and very bullish @CryptoGamingUtd @PlayToEarnGames #GameStop #IMX pic.twitter.com/FETHYDZzEa

— six_crypto (@sixcryptok1) February 4, 2022

buy dip time 2022-02-05
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Posted by : rocketman
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