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Step-by-Step Guide to Funding Your Immutable (IMX) Passport is Provided 🌟

Step-by-Step Guide to Funding Your Immutable (IMX) Passport is Provided 🌟

Guide to Funding Your Immutable (IMX) Passport for In-Game Assets

Learn how to fund your Immutable (IMX) Passport for purchasing in-game assets on Immutable X and zkEVM chains with this detailed guide.

Understanding the Immutable Ecosystem

Before you start, it’s vital to confirm the chain your game operates on. Immutable backs two chains: Immutable X and Immutable zkEVM. For example, ‘Guild of Guardians’ uses zkEVM, while ‘Illuvium’ is on Immutable X. Knowing this detail is crucial for correct fund allocation.

Token Requirements

Identify the specific tokens needed for your transactions. Some assets may need USDC, others ETH, and some $IMX. Having the right token type is key for a smooth purchasing process.

Layer 2 Wallet Considerations

Your Immutable Passport acts as a layer 2 wallet, integrated into Ethereum. You must transfer funds from layer 1 to layer 2 chains, including Immutable zkEVM and Immutable X. Remember, sending funds directly to an Immutable Passport address from another wallet or centralized exchange on Ethereum (L1) or any non-Immutable zkEVM chain won’t work and could lead to fund loss.

Funding Your Immutable Passport

There are various ways to add funds to the Immutable zkEVM chain:

  • Debit Card: Add funds using a debit card through Transak, supporting $IMX, ETH, and USDC.
  • Bridging from a Centralized Exchange (CEX): Layerswap backs $IMX, ETH, USDC, and $GOG.
  • Bridging from Another EVM Chain or Ethereum (L1): Choose from Squid (supports $IMX, ETH, USDC, and more), Layerswap, or a native bridge powered by Axelar (enabling movement of $IMX, ETH, or USDC from/to ETH L1).

Future Funding for Immutable X Chain

Immutable has outlined upcoming funding options for the Immutable X chain:

  • Debit Card: Moonpay will support $IMX, ETH, USDC, and $GODS.
  • Bridge from Another EVM Chain or Ethereum (L1): Layerswap will support $IMX, ETH, USDC, and $GODS.

More detailed instructions will be provided by Immutable once these options are accessible.

Disclaimer

This guide serves informational purposes and does not offer investment advice. While Immutable has made efforts to prepare this guide, it is provided as-is without representations or warranties. Users should understand the risks linked with crypto assets dealings, including asset transfers and bridges across various blockchain environments.

Hot Take: Wrapping Up

Now that you have the essential guidelines on funding your Immutable (IMX) Passport for in-game assets, you’re better equipped to navigate the Immutable ecosystem and make seamless transactions. Stay updated on future funding options for the Immutable X chain, and remember to prioritize the correct token types for your purchases. Enjoy exploring the world of Immutable gaming!

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Step-by-Step Guide to Funding Your Immutable (IMX) Passport is Provided 🌟