How to buy Immutable X (IMX) in Australia

Learn how to buy Immutable X (IMX) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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How to buy Immutable X

1. Compare crypto exchanges

The easiest way to buy Immutable X is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – bank transfer, bpay, cash and cryptocurrency payments are widely accepted.

4. Buy Immutable X

You can now exchange your funds for Immutable X. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Immutable X to your personal wallet.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Immutable X in Australia

Find an exchange to buy, sell and trade IMX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 6 of 10
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

364
cryptocurrencies

CoinSpot lets you buy, sell and swap 100s of cryptos from its simple-to-use desktop or app trading accounts.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

304
cryptocurrencies

An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

367
cryptocurrencies

Earn up to USD100 in rewards by completing welcome offer tasks within 7 days of sign up. T&Cs apply.
Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
CoinJar Cryptocurrency Exchange
Cash, Credit card, Cryptocurrency, Debit card, Apple Pay, Bank Transfer (PayID/Osko/BPAY), Google Pay
AUD, GBP

53
cryptocurrencies

CoinJar offers a simple way to buy, sell, or trade cryptocurrency with AUD. Enjoy free and instant deposits, fees start from 0.05% and withdrawals are free to your bank account
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID
AUD

340
cryptocurrencies

Buy 250+ different cryptocurrencies using AUD with competitive trading fees on this Australian-owned and operated exchange.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

566
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
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Compare up to 4 providers

Steps on how to buy Immutable X

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Immutable X.

  1. Compare cryptocurrency exchanges that support IMX.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Immutable X.
  4. Buy Immutable X.
    Complete your Immutable X purchase and then find the best wallet to store IMX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Immutable X

IMX is the native crypto token of the NFT-focused layer-2 solution, Immutable X. Like all altcoins, it is subject to high volatility and, therefore, should be thoroughly researched. Here are a few factors to consider before investing in this project:

  • Offers unparalleled levels of scalability: Immutable X’s native engine allows users to process over 9,000 transactions per second (tps), which is nearly six hundred times more than what Ethereum is able to offer at the moment. The additional transactional speed and, therefore, lower fees could be attractive to a large percentage of the NFT community.
  • Solid security and privacy: Unlike many sidechain systems that tend to offer a high throughput rate but sacrifice platform security and privacy in the process, Immutable X is completely decentralized and thus cannot fall victim to 51% attacks. The ecosystem utilises ‘zero-knowledge proofs’, thereby allowing clients to verify and withdraw their assets at will. A high focus on security should help to encourage user adoption.
  • Zero gas fee: One of the biggest issues surrounding NFT minting platforms built on top of the Ethereum network is high gas fees. However, Immutable X removes all such economic constraints. Immutable X can allow all types of users to become active within the NFT sector.
  • Offers a carbon-neutral NFT solution: An underrated facet of the platform is that all of the NFTs traded via Immutable X are completely carbon neutral. This has been certified by two separate climate change agencies including Trace and Cool Effect. The idea of a carbon-neutral NFT exchange could prove to be extremely popular among users in the cryptocurrency community.
    • How to sell Immutable X

      You can cash out your IMX with the same exchange you bought it through:

  1. Sign in to the exchange you have IMX on.
    If you store your Immutable X in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of IMX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Immutable X.

Disclaimer: Cryptocurrencies, including Immutable X, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of IMX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Immutable X or any other cryptocurrency discussed.

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