Immutable
About Immutable
Immutable offers a distinctive layer-two scaling solution for cryptocurrencies, specializing in NFTs on Ethereum. It aims to overcome challenges of low scalability, inferior user experience, limited liquidity, and slow developer experience usually encountered in Ethereum. With Immutable, users can enjoy instant trading and high scalability without any gas fees for minting and trading NFTs. This platform is built using STARK zk-rollup technology, which fosters user and asset security, making it possible for users to create and distribute assets like ERC-20 and ERC-721 tokens effectively.
In the last hour, Immutable's price has seen a change of -0.33%, and over the past 24 hours, its price has moved by +5.71%. Over the previous week, Immutable's price has moved by +19.54%. The current price of Immutable is BHD 0.06064, accompanied by a trading volume of 4.983M in the last day. Immutable's price is currently 98.31% below its all-time high of BHD 3.5809, which remains the highest price Immutable has achieved since its launch. The circulating supply of Immutable stands at 2.000B, translating to a total market capitalization of 121.3M.
Market stats
Frequently asked questions
What is the significance of Immutable in the cryptocurrency industry?
Immutable is a blockchain platform that specializes in the creation of non-fungible tokens (NFTs). It provides a secure and decentralized ecosystem for users to create, buy, and sell unique digital assets. With its focus on immutability and permanence, Immutable is revolutionizing the way digital collectibles and assets are managed and traded.
How does Immutable ensure the security of NFT transactions?
Immutable leverages blockchain technology to ensure the security of NFT transactions. By recording each transaction on a decentralized ledger, Immutable eliminates the risk of fraud and counterfeit assets. Additionally, smart contracts on the Immutable platform automate the execution of transactions, providing users with a secure and transparent trading environment.
What sets Immutable apart from other blockchain platforms?
One of the key features that sets Immutable apart from other blockchain platforms is its focus on NFTs. By specializing in digital collectibles, Immutable caters to a niche market and provides users with a dedicated platform for creating and trading unique assets. Additionally, Immutable's emphasis on immutability and decentralization ensures the integrity and security of digital transactions.
How to invest in Immutable?
Rain offers you a number of ways to start investing in Immutable, including buying Immutable through bank transfers or by using your bank card. To purchase Immutable on Rain, you can select Immutable in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Immutable with card?
Once you add your bank card to your Rain account, you can use it to buy Immutable directly. You can start by adding your card to your payment options on your Rain account. To purchase Immutable using your bank card, you can select Immutable, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Immutable through bank deposit?
Rain enables you to buy Immutable using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Immutable. To do that, you can select Immutable in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Immutable?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Immutable successfully:
On your Rain account, select Immutable then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Immutable into cash?
Rain gives you the opportunity to sell Immutable and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Immutable and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Immutable?
If you would like to receive Immutable in your Rain account, simply click on Receive and select Immutable from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Immutable to avoid possible loss of funds.
How to send Immutable?
You can easily send your Immutable from your Rain account to any external wallet by clicking on Send and selecting Immutable from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Immutable with Rain?
When you buy Immutable with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Immutable on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Immutable wallet?
A Immutable wallet is where you can securely store Immutable. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Immutable address?
A Immutable address is a string of unique characters that is tied to your Immutable wallet. The address functions just like a bank account number and it is what you use in order to send Immutable from your wallet, or to receive Immutable to your wallet.
What trading pairs available for Immutable?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Immutable with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Immutable with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Immutable?
You can trade Immutable with any amount above $30 or equivalent in your account's currency. You can start trading Immutable now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Immutable?
Besides Immutable, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Immutable built on?
Immutable is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Immutable safe?
To keep your Immutable safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Immutable be in next 5 years?
Price predictions for Immutable over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Immutable taxable?
Trading Immutable may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Immutable's ATH?
Immutable’s all-time high (ATH) was BHD 3.5809 on 26 Nov 2021. This represents the highest recorded market price of the asset to date.
What is the market cap of Immutable?
With a market capitalization of 121.3M, Immutable is ranked 102 among other crypto assets.
What is the all-time high of Immutable?
The highest valuation of Immutable since its launch was at BHD 3.5809, marking its all-time high.
What is the 24-hour trading volume of Immutable?
The trading activity of Immutable over the last 24 hours was at 4.983M, highlighting its liquidity in the market.
How many Immutable are there in circulation?
There are approximately 2.000B units of Immutable currently in circulation, affecting its market dynamics.
What is the relative popularity of Immutable?
Immutable market cap is around 121.3M.
When was Immutable created?
Immutable was introduced on 18 Jul 2021.
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