# How to Buy Immutable X (IMX) in Australia > Learn how to buy Immutable X (IMX) in Australia with PayID or bank transfer, plus what it is and how its Ethereum zk-rollup for NFTs and gaming works. This guide walks you through how to buy Immutable X (IMX) safely in Australia, from opening and verifying an account to moving your coins into secure storage. It then explains what Immutable X is, how its Ethereum scaling layer works, who built it and what the IMX token is used for. This is general information only and not a recommendation; always do your own research before buying any cryptocurrency. 2017 Established 4.80 / 5 Rated AU Australian-Based Customer Support Get started ## How to Buy Immutable X Safely in Australia: 3 Easy Steps To buy Immutable X in Australia on Digital Surge: create a free account, verify your ID, deposit AUD by PayID or bank transfer, then place your IMX order at the live price. The whole process usually takes about five minutes. 1. ### Create and verify your account Sign up with your email, then verify your identity with an Australian ID document such as a driver's licence or passport. Turn on two-factor authentication while you're there. 2. ### Deposit AUD Fund your account with PayID for a near-instant transfer, or use a standard bank transfer from your Australian bank account. There are no deposit fees either way. 3. ### Buy Immutable X Search for Immutable X (IMX), enter the amount of AUD you want to spend, review the order details and fee, then confirm. Your IMX appears in your balance straight away. On this page 1. How to Buy Immutable X Safely in Australia: 3 Easy Steps 2. What is Immutable X? 3. Immutable X at a glance 4. How to Store Immutable X Securely 5. FAQs Chapter 02 ## What is Immutable X? Immutable X (IMX) is the utility token of a network that scales Ethereum for NFTs and blockchain games. It launched in 2021 as one of the first zero-knowledge rollups purpose-built for digital collectibles, letting people mint and trade NFTs without paying gas on every action, while still leaning on Ethereum for security. IMX itself is an ERC-20 token that lives on Ethereum. The project was built by Immutable, a technology company based in Sydney, Australia. Its aim was to fix a specific problem: minting and trading NFTs directly on Ethereum could be slow and costly during busy periods. By moving that activity onto a rollup, Immutable X is designed to handle a very high volume of transactions, over nine thousand per second, and to run its NFT operations carbon neutral. - **Token and chain:** IMX is an ERC-20 token on Ethereum. - **Built by:** Immutable, a Sydney-based Australian company. - **Launched:** the protocol went live in 2021. - **Technology:** a zero-knowledge rollup for gas-free NFT minting and trading. - **Token role:** paying protocol fees, governance voting and protocol staking rewards. ### Who created Immutable X? Immutable X was built by Immutable, an Australian company founded in Sydney by James Ferguson, Robbie Ferguson and Alex Connolly. The team first made its name with the trading-card game Gods Unchained, then built Immutable X to give NFT projects and studios a faster, cheaper home on Ethereum. The protocol launched in 2021 and has since hosted games such as Gods Unchained, Guild of Guardians and Illuvium. ### How does the Immutable X scaling layer work? Immutable X uses zero-knowledge rollup technology, a Layer-2 approach that bundles many transactions together off the main Ethereum chain, then posts a single cryptographic validity proof back to Ethereum. Ethereum checks that proof, so the activity inherits the mainnet's security while most of the work happens off-chain. This is what lets Immutable X offer gas-free minting and trading of NFTs and settle trades almost instantly, even at high volume. ### What is IMX used for? IMX is the utility token of the network. It is used to help pay protocol fees on trades, to vote on governance decisions about the platform's direction, and it can be staked within the protocol to support the network and earn rewards. Because Immutable X is built around NFTs and games, demand for IMX is tied to activity across the marketplaces and titles built on it. On Digital Surge, Immutable X sits in the Gaming Coins category. ### Can you stake Immutable X? Immutable X does have staking at the protocol level, where token holders can use compatible wallets to help support the network and earn rewards. That is a feature of the network itself, separate from any staking product on an exchange. Digital Surge does not offer IMX staking, so here you can buy, hold and withdraw Immutable X through your account. This is general information only and not a recommendation. ### Things to consider before buying Immutable X Cryptocurrency is volatile, and the value of IMX in AUD can rise or fall sharply over short periods. It is a high-risk category, so it helps to understand the network, to only commit an amount you are comfortable holding through price swings, to keep your account and keys secure, and to be alert to scams. Because IMX is an ERC-20 token, always withdraw over the correct network. This is general information only and not a recommendation, and it does not take your personal circumstances into account. Consider your own situation or speak to a qualified professional before buying. ### Why Buy Immutable X? Many Australians hold Immutable X because it is built by Immutable, a Sydney-based company, because it makes minting and trading NFTs on Ethereum gas-free while keeping Ethereum-level security, and because it anchors a growing line-up of blockchain games. Digital Surge lets you buy IMX with AUD via PayID or bank transfer and offers Australian-based support. This is general information only and not a recommendation; consider your own circumstances before buying any cryptocurrency. ### Buying Immutable X in Australia: the quick recap To buy Immutable X in Australia on Digital Surge: create a free account, verify your ID, deposit AUD via PayID or bank transfer, then buy Immutable X. The whole process takes about five minutes, and your Immutable X is held safely in your Digital Surge wallet. ### Learn more about Immutable X On Digital Surge you can [see the live Immutable X price and IMX to AUD converter](/buy/imx/), see other coins in the [Gaming Coins](/categories/gaming-coins/) category, or read [what cryptocurrency is](/education/what-is-cryptocurrency/) before you buy Immutable X in Australia. Chapter 03 ## Immutable X at a glance Market rank Market cap Volume (24h) Circulating supply 1 IMX = AUD [See the live chart and buy IMX →](/buy/imx/#price) All figures in AUD · refreshed live on this page · last built 24 Aug 2026 Chapter 04 ## How to Store Immutable X Securely Once you buy Immutable X in Australia on Digital Surge, you can store it securely in your Digital Surge wallet for easy access and trading. For additional security, you can transfer your IMX to: ### Exchange custody: convenient for buying and smaller balances On Digital Surge your IMX is held in exchange custody, where the exchange manages the keys for you. This is convenient for buying, selling and smaller balances, and there is no seed phrase for you to look after. Protect the account with a strong, unique password and two-factor authentication. ### Self-custody wallets: control your own keys For full control you can withdraw IMX to a self-custody wallet you own. Because IMX is an ERC-20 token, use an Ethereum-compatible wallet, such as a hardware wallet or a trusted software wallet, and always withdraw over the Ethereum network so your coins arrive on the right chain. ### Protect your recovery phrase Keep your wallet recovery phrase offline and never share it. Check the destination address and network carefully before you send, because on-chain transfers cannot be reversed once confirmed. Digital Surge staff will never ask you for your recovery phrase. Chapter 05 ## Frequently Asked Questions Is Immutable X legal in Australia? Yes. Buying, holding and selling Immutable X is legal in Australia, and cryptocurrency exchanges operating here must meet Australian know-your-customer and anti-money-laundering obligations. Digital Surge is an Australian exchange registered with AUSTRAC, and Immutable itself is an Australian company. What is a zk-rollup? A zk-rollup is a Layer-2 scaling method that batches many transactions off the main chain and posts a single zero-knowledge validity proof back to Ethereum. Ethereum verifies the proof cheaply, so users get faster, lower-cost activity while keeping the security of the mainnet. It is the technology that lets Immutable X offer gas-free NFT trading. Do I need a wallet to buy Immutable X? No. When you buy IMX on Digital Surge it is held in exchange custody, so you can start without setting up your own wallet. If you would rather hold your own keys, you can withdraw your Immutable X to a self-custody Ethereum wallet at any time, sending it over the correct network. Can you stake Immutable X? The Immutable X protocol offers staking through compatible wallets, where holders can help support the network and earn rewards. That is a network feature rather than an exchange product, and Digital Surge does not offer IMX staking. You can still buy, hold and withdraw Immutable X through your account. How do I deposit AUD to buy Immutable X? You can deposit AUD using PayID or bank transfer, both with zero deposit fees. PayID deposits typically clear quickly, so your funds are ready to use in minutes. Do I need to verify my ID? Yes, in compliance with Australian regulations, all users complete a quick identity verification. Most verifications are approved within minutes, so you can get started fast. [See the live IMX chart first →](/buy/imx/#price) About the author The Digital Surge Editorial Team Our editorial team writes and reviews Digital Surge's crypto and finance guides, pairing plain-English explanations with the practical experience of running an [Australian cryptocurrency exchange](/about-us/). We keep every guide accurate, current and easy to act on. [Read our editorial guidelines ›](/editorial-guidelines/) 400+ Cryptocurrencies & Counting ## What Other Tokens Can I Buy? Digital Surge lists more than 400 cryptocurrencies alongside Immutable X. A few related coins to explore: [Guide Ultra (UOS) Ultra is a publishing platform and ecosystem for video games and video game. Read the guide →](/buy/uos/)[Guide Axie Infinity (AXS) The governance token for the Axie Infinity gaming universe. Read the guide →](/buy/axs/)[Guide ApeCoin (APE) The token powering the Bored Ape Yacht Club ecosystem. Read the guide →](/buy/ape/)[Guide SAND (SAND) A virtual world where players build, own and monetise. Read the guide →](/buy/sand/)[Guide Gala (GALA) A platform giving players ownership of in-game assets. Read the guide →](/buy/gala/) ## Ready to buy Immutable X? --- *Source: [How to Buy Immutable X (IMX) in Australia](/how-to-buy-immutable-x/) · Last updated: 2026-07-09*