{"id":768,"date":"2024-03-13T14:06:54","date_gmt":"2024-03-13T14:06:54","guid":{"rendered":"https:\/\/pi42.com\/blog\/?p=768"},"modified":"2024-03-13T14:06:54","modified_gmt":"2024-03-13T14:06:54","slug":"imx-inr-trading","status":"publish","type":"post","link":"https:\/\/pi42.com\/blog\/imx-inr-trading\/","title":{"rendered":"What is the New IMX\/INR pair on Pi42?"},"content":{"rendered":"\n<p>Greetings, Pi42 traders! We&#8217;re excited to announce the arrival of <strong>Immutable X (IMX)<\/strong> on our platform. You can now leverage Pi42 to effortlessly buy, sell, and trade <strong>IMX with Indian Rupees (INR)<\/strong>.<\/p>\n\n\n\n<p><strong>What is Immutable X (IMX)?<\/strong><\/p>\n\n\n\n<p>Launched in 2021, Immutable X is a Layer 2 scaling solution built specifically for trading non-fungible tokens (NFTs) on the Ethereum blockchain. IMX serves as the native token that powers the ecosystem and incentivizes various participants.<\/p>\n\n\n\n<p><strong>Key Features of Immutable X:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Scalability &amp; Lower Fees:<\/strong> Immutable X addresses the scalability limitations and high gas fees associated with the Ethereum mainnet, enabling faster and more cost-effective NFT trading.<\/li>\n\n\n\n<li><strong>Enhanced Security:<\/strong> Assets traded on Immutable X inherit the security of the underlying Ethereum blockchain.<\/li>\n\n\n\n<li><strong>Immutable Trading:<\/strong> Transactions on Immutable X are irreversible, promoting trust and reducing the risk of fraud.<\/li>\n<\/ul>\n\n\n\n<p><strong>Trading IMX\/INR on Pi42:<\/strong><\/p>\n\n\n\n<p>Ready to explore the potential of Immutable X? Here&#8217;s a quick guide:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\" target=\"_blank\" rel=\"noopener\" title=\"\">Login<\/a>:<\/strong> Access your Pi42 account.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/4FuPLURluNK4WkhvJrJoIdTDeb2zkhqARxvKpyn6JHW9MMVhBjjGntnc6am6a7rzerzmg1J5lvZGVZeLgegugUrBglbUK2RggFoMsywifrIcZuSMbMZoCKXnrhSbMnxuwT1QXyz19p8UL01Y4tX0bDM\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li><strong>Navigate:<\/strong> Head to the trading terminal.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/6ILlTrhslbYP5JjtgvkE0sZS1rGKyk5qMZlmWfxugEvzmc10GWcBa9ReZaRHwKwU2oElWmI69x5rYcsvlhOTf8k37Q4FghiVid4URrKCrwFLsWwvR2nxbySy_7lAu97eCpORBbtxqLOmV3GYa9E4WUM\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li><strong>Select the Pair:<\/strong> Choose <strong><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\" target=\"_blank\" rel=\"noopener\" title=\"\">IMX\/INR<\/a><\/strong> from the dropdown menu.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/yXPzvrm-fbLAPNaxbF0E0DfksIsgX_vTxAOt19x7JsqB8HrdU7dMW-H5brLSZbLlH6Hz_8PNF-nv_2lVqegIvvCWj5Et22zDDc4Eu92QzVGeqM1VUlj-y_K5A0QBUwpZDQ5ghu99HJ5a8Yn2pJXos7c\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"4\">\n<li><strong>Define your Position:<\/strong> Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/MOaE8aRVH7fTxCF1Vr6Xn1yupNDZyvkyVyVOq9c0AYhkymwGp9cjbT4f48lIl4lB32jdYgBptxbmgEL8wk5Vw9lR7pk1oECrjzROO6CLd0Gqng8x7iNW9It2uzEKFxu_2S43cxmC1AxFRjZGVUwt47o\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"5\">\n<li><strong>Set Limits (Optional):<\/strong> Establish Take Profit and Stop Loss orders to manage risk.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/7JGgN4Ea-KuE0L-nK9zb48AJ0r3CkmVi2sCiDFJ6m6Q-eL16aeQ8VqJJsHNhaF6aPUjnlPe_t222OFEeL1oC5kBfgGUUmhGwTkp4ocnKhL8M8Zm-pwApNA0AhbJkLWAFPQwEfWSYf892YRz8RCFGRJ8\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"6\">\n<li><strong>Execute your Trade:<\/strong> Click <strong>Buy\/Long<\/strong> or <strong>Sell\/Short<\/strong> based on your market analysis.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/eptDlbm0oyZvVz9iU258lm1-cIu5NwB2yf-7CzKTtbcwAKskSSmfMAqfz0j4WrLsD4vQGvr9xnVBNJPydzevRmTneH5iHfyAgs4TWKAWfprjAZAy5l5V0TSllEwaculjZam6WthOkZV1xAbdU_qEbn4\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"7\">\n<li><strong>Track your Trade:<\/strong> Monitor your open positions in the &#8220;Orders and Positions&#8221; section below the trading chart.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><img loading=\"lazy\" decoding=\"async\" width=\"2196\" height=\"236\" data-attachment-id=\"769\" data-permalink=\"https:\/\/pi42.com\/blog\/imx-inr-trading\/imx\/\" data-orig-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/imx.png\" data-orig-size=\"2196,236\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"imx\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/imx.png\" data-large-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/imx.png\" src=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/imx.png\" alt=\"\" class=\"wp-image-769\"\/><\/a><\/figure>\n\n\n\n<p><strong>Unlock the Future of Secure and Scalable NFT Trading with IMX<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pi42.com\/trade\/IMXINR?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=new-coin-list\"><strong>Trade IMX-INR<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p>The integration of IMX\/INR on Pi42 empowers you to participate in the booming NFT market with the benefits of Immutable X&#8217;s Layer 2 solution, offering a faster, cheaper, and more secure trading experience.<\/p>\n\n\n\n<p>Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greetings, Pi42 traders! We&#8217;re excited to announce the arrival of Immutable X (IMX) on our platform. You can now leverage Pi42 to effortlessly buy, sell, and trade IMX with Indian Rupees (INR). What is Immutable X (IMX)? Launched in 2021, Immutable X is a Layer 2 scaling solution built specifically for trading non-fungible tokens (NFTs) [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":771,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"zakra_page_container_layout":"customizer","zakra_page_sidebar_layout":"customizer","zakra_remove_content_margin":false,"zakra_sidebar":"customizer","zakra_transparent_header":"customizer","zakra_logo":0,"zakra_main_header_style":"default","zakra_menu_item_color":"","zakra_menu_item_hover_color":"","zakra_menu_item_active_color":"","zakra_menu_active_style":"","zakra_page_header":true,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[11,6,9,66,65,12,10,8],"class_list":["post-768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-trading","tag-crypto-exchange","tag-crypto-futures","tag-crypto-trading","tag-immutable-trading","tag-imx-trading","tag-indian-crypto-exchange","tag-pi42","tag-web3-community"],"jetpack_featured_media_url":"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/IMX-Blog.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/comments?post=768"}],"version-history":[{"count":1,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/768\/revisions"}],"predecessor-version":[{"id":770,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/768\/revisions\/770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media\/771"}],"wp:attachment":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media?parent=768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/categories?post=768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/tags?post=768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}