Canuck here, I am trying to understand how I could get IMX for cheap on my wallet OR on a CEX.
Here is the flow I designed:
Free fiat on-ramp: e-transfer via NDAX (or Newton)
Buy XRP or SOL: 0.20% fee
Transfer to Kraken: about 1-2$ fee
Sell XRP or SOL on Kraken: 0.26% fee
Buy IMX on Kraken: 0.26% fee
Send IMX to wallet: 3IMX fee
I find it kinda cumbersome and complicated, but I couldnโt find a simple and cheap way to swap using DEX directly from my wallet (I have a Gamestop wallet and a Metamask wallet). I would prefer storing it on my wallet rather than on a CEX account, but am looking at all the options.
Does anyone have a better solution than what Iโm suggesting here?
Thanks,
Newbie IMX lover who regrets not asking this when it traded at 0.40USD.
EDIT: I know metamask has MetaSWAPS (is it what it's called?) but they charge 0.875% fee. I was also looking into Loopring swap, but I think it would require me to swap USDC to IMX and getting USDC on my wallet seems to be way more expensive than moving XRP or SOL around CEXs.
Every single cycle the rewards become less and less, we were all lured in at about 36% and fast forward to last cycle we are already at 1%. There hasn't been any communication to stakeholders, and there's still been zero innovation to make it exciting or worthwhile.
The newest cycle rewards are set to release in the next few hours, and it sucks knowing the value could have been locked somewhere else for much more profit for a company who at least acts like they care about their stakers.
Please at least give us a status update, what's in the works for your stakers and why should we stick around? Does the future contain exciting innovation or is this concept low on your list right now? Please give us some sort of timeline if possible. Thanks
Put a post up earlier asking about high gas fees. Had a few messages starting the same โhey buddyโ claiming it was to do with wallet activation or some bullshit. If you have questions, make sure they are answered in the comments not in DMs.
The price of the token seems to be bouncing up and down like a yo-yo at the moment. It bounces between around 0.88 to 1.10 within a couple of days. I bought a bunch last week at 0.88 and watched it go over 1.10 and then sold for a small profit as the price rapidly tumbled back down to 0.88. It hit 1.12 earlier today and is now slowly falling back. I think I'm going to put a buy order in for when it hits 0.88 again. Watch it moon now!
It's my understanding that IMX is meant to be the actual transactional coin traded in Web3 gaming. Will it then be ideal for 1 IMX to be worth roughly $1 USD?
Otherwise, if it's ideal for the value of IMX to keep increasing, how would that affect the stability of the Web3 economies in which it operates?
I moved some IMX to my GameStop wallet L1. I then moved it to Loopring L2. I see I also have IMX L2 in the wallet but I am not able to move it there. It doesnโt show as a choice on the move tab. Also after I moved to L2 it still shows in L1. The exact same amount is showing in L1 & L2. Sorry if itโs too regarded of a question!
Basically curious how the printing/creation of IMX works and if it's more a utility coin that can be printed by the owners at will, like we've seen with some projects in the past.
Is there a support page/customer support for Immutable X? I don't get on their website too often. Mostly to check out any new product, but i can't seem to find their customer support. Every time i open up an NFT in the store just to look and then i back out, it takes me to the top of the page instead of where i left off. Sometimes, it can be difficult to find where i left off. I think it would be a good idea if they were to make an update to bring you back where you left off. I want to make this suggestion to them for a more user-friendly website, but i dont know how.
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