What is Immutable X?
Immutable X is a new layer-2 scaling solution for Ethereum that enables users to trade digital assets with near-instant settlement times and low fees.
It is built on top of the Ethereum blockchain and leverages the power of Plasma technology to enable faster, cheaper, and more secure transactions. Immutable X allows users to trade digital assets such as ERC-20 tokens, NFTs, and other digital collectibles with no counterparty risk. Immutable X also provides a decentralized exchange (DEX) platform that allows users to securely trade digital assets without having to trust a third party.
The DEX platform is powered by an off-chain matching engine that can process thousands of transactions per second, making it one of the fastest DEXs in the market. Additionally, Immutable X offers a range of features such as atomic swaps, order books, limit orders, and more. The Immutable X platform also provides an integrated wallet that allows users to securely store their digital assets in a non-custodial manner.
The wallet is secured by multi-signature technology and supports both hardware wallets and mobile wallets for added security.
