We're excited to share that the $IMX token will be listed on LCX Exchange starting Thursday, 20th March 2025 at 12 PM CET. This listing marks a significant milestone for Immutable X's ecosystem token, providing new trading opportunities for European investors through the IMX/EUR trading pair.
Understanding the IMX Token
IMX is an ERC-20 utility token designed to reward network participation on Immutable X, including:
- Trading activity
- Liquidity provision
- Application development
The token creates aligned incentives among all platform participants - traders, creators, and marketplaces - ensuring everyone benefits from protocol growth. Immutable X partnered with Digital Worlds Ltd. NFTS (the Foundation) for token distribution, with Immutable serving as the exclusive protocol developer.
👉 Discover how to trade IMX on LCX Exchange
Core Utilities of IMX Token
1. Protocol Fee Payment
- 20% of Immutable's protocol fees must be paid in IMX
- Users can pay directly in IMX or have automatic currency conversion
- No need to hold IMX for basic protocol transactions
2. Staking Rewards
- Fee-collected IMX tokens enter a staking rewards pool
- Monthly distributions to active stakers proportional to their stake
- Staking activates several months post-token launch
3. Decentralized Governance
- Token holders vote on key protocol decisions
- Voting power scales with token holdings
Proposal categories include:
- Token reserve allocation
- Developer grants
- Reward activation
- Supply changes
The Foundation facilitates proposal curation while maintaining ecosystem-positive governance.
Trading IMX on LCX Exchange
Key Dates and Details
- Deposits Open: 20th March 2025, 12 PM CET
- Trading Pair: IMX/EUR
- Listing Time: 20th March 2025, 12 PM CET
👉 Create your LCX account today
Deposit Instructions
- Log into your LCX account
- Navigate to Wallet section
- Locate IMX in your asset list
- Click "Deposit" to view your unique address
- Transfer IMX tokens to this address
FAQ Section
What makes IMX different from other gaming tokens?
IMX uniquely bridges Ethereum's security with Immutable X's scalability, specifically designed for NFT gaming economies with built-in staking rewards and governance.
How does staking IMX work?
Users lock their tokens in the protocol to earn a portion of network fees distributed monthly, with rewards proportional to their staked amount relative to all stakers.
Can I trade IMX before the official listing?
No, trading officially begins at the designated listing time. Early deposits ensure you're ready when markets open.
Disclaimer: This content serves informational purposes only and doesn't constitute financial advice. Cryptocurrency trading carries substantial risk - never invest more than you can afford to lose. LCX operates under Liechtenstein's Blockchain Act as a regulated digital asset service provider.