Which exchange is the earliest for Immutable (IMX) currency?

Binance was the first exchange to list Immutable (IMX) currency on November 4, 2021.

Dec 09, 2024 at 10:22 am

Which exchange is the earliest for Immutable (IMX) currency?

Immutable X (IMX) is an Ethereum-based Layer 2 scaling solution designed specifically for non-fungible tokens (NFTs) and decentralized applications (dApps). It offers a number of advantages over the base Ethereum network, including:

• Higher throughput: IMX can process thousands of transactions per second, compared to Ethereum's maximum of around 15 transactions per second.
• Lower fees: IMX transactions cost a fraction of a cent, compared to Ethereum's fees, which can often exceed $100.
• Faster transaction times: IMX transactions are confirmed in seconds, compared to Ethereum's confirmation times, which can sometimes take hours or even days.

As a result of these advantages, IMX has become a popular choice for NFT projects and dApps. It is currently used by a number of leading NFT marketplaces, including OpenSea, Rarible, and Nifty Gateway.

IMX is available for trading on a number of cryptocurrency exchanges. Here is a list of the earliest exchanges to list IMX:

• Binance: Binance was the first exchange to list IMX, on November 4, 2021.
• Huobi Global: Huobi Global listed IMX on November 5, 2021.
• OKEx: OKEx listed IMX on November 8, 2021.
• KuCoin: KuCoin listed IMX on November 9, 2021.
• Gate.io: Gate.io listed IMX on November 10, 2021.

In addition to these exchanges, IMX is also available for trading on a number of decentralized exchanges (DEXs). These DEXs allow users to trade IMX without having to go through a centralized intermediary.

Here is a list of the most popular DEXs for trading IMX:

• Uniswap: Uniswap is the most popular DEX for trading IMX. It offers a wide range of IMX trading pairs, including IMX/ETH, IMX/USDC, and IMX/USDT.
• Sushiswap: Sushiswap is another popular DEX for trading IMX. It offers a similar range of IMX trading pairs as Uniswap.
• PancakeSwap: PancakeSwap is a DEX that is popular for trading BEP-20 tokens. It offers a number of IMX trading pairs, including IMX/BNB, IMX/BUSD, and IMX/USDT.

When choosing an exchange or DEX to trade IMX, it is important to consider a number of factors, including:

• Trading fees: All exchanges and DEXs charge trading fees. These fees vary from platform to platform, so it is important to compare fees before choosing an exchange or DEX.
• Liquidity: Liquidity refers to the amount of IMX that is available for trading on an exchange or DEX. Higher liquidity means that it will be easier to buy and sell IMX, and you will be less likely to experience slippage.
• Security: Security is an important consideration when choosing an exchange or DEX. Make sure that the platform you choose has a strong security record and that it takes appropriate measures to protect your funds.

By considering these factors, you can choose the best exchange or DEX for your needs and start trading IMX today.