BTC Markets launches major cryptocurrency Immutable X (IMX)

BTC Markets launches major cryptocurrency Immutable X (IMX) Blockchain PlatoBlockchain Data Intelligence. Vertical Search. Ai.

MELBOURNE, February 12, 2024 — BTC Markets, one of Australia’s leading cryptocurrency exchanges, is proud to announce the addition of prominent cryptocurrency, Immutable X (IMX) to their platform, with the trading pair IMX/AUD launched on 7 February. This listing marks a significant expansion of the exchange’s digital currency offerings.

Launched in 2018 by Australians James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable X has garnered significant attention and success globally, showcasing a remarkable 455% price growth in 2023 and achieving a market cap exceeding US$2.7 billion.

Recognised as a major player in the global layer2 network, Immutable X has made substantial contributions to the gaming and non-fungible tokens (NFT) sectors, emphasising its commitment to advancing digital ownership.

Caroline Bowler, CEO of BTC Markets, stated: “We are delighted to welcome Immutable X to our platform, one of the most compelling home-grown Australian crypto projects. The immediate uptake and trading volumes we’ve seen since listing IMX reflect its strong market presence and investor interest.

“This addition underscores our commitment to providing our users with a diverse and promising range of investment options, while ensuring the integrity and reliability of each digital currency we list.

“The decision to incorporate IMX into BTC Markets’ portfolio aligns with the exchange’s dedication to offering high-quality investment opportunities and conducting thorough due diligence on each cryptocurrency. Immutable X’s significant achievements in 2023 and its ongoing contribution to the development of blockchain technology and web3 gaming highlight its critical role in the digital asset space.”

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Jeremy Steven Honner
M: 0432 798 078

About Immutable X (IMX)

Established in 2018 by James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable is headquartered in Australia and has garnered support from influential tech investors, including BITKRAFT Ventures, King River Capital, AirTree, Temasek, Coinbase, and others.

This widespread support solidifies Immutable’s status as a transformative force within the MEDIA RELEASE

tech industry. Within the Immutable Group, the Immutable Platform is acknowledged as a leading developer platform for creating and expanding web3 games on the Ethereum network.

About BTC Markets

Australia’s leading cryptocurrency exchange, BTC Markets, is Australian owned and operated. With over 336,000 Australian traders, and more than $25 billion traded on the BTC Markets platform, it is the preferred cryptocurrency exchange for traders seeking trusted cybersecurity, leading technology, a locally based and expert support team, unrivalled liquidity, and market depth across multiple markets.

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