Step-by-Step Guide to Funding Your Immutable (IMX) Passport
Luisa Crawford Aug 08, 2024 06:06
Learn how to fund your Immutable (IMX) Passport for purchasing in-game assets on Immutable X and zkEVM chains with this detailed guide.
Immutable (IMX) has released a comprehensive guide to assist users in funding their Immutable Passport, an essential step for purchasing in-game assets on the Immutable X and Immutable zkEVM chains, according to immutable.com.
Understanding the Immutable Ecosystem
Before proceeding, it is crucial to verify which chain your game is on. Immutable supports two chains: Immutable X and Immutable zkEVM. For instance, 'Guild of Guardians' operates on zkEVM, while 'Illuvium' is on Immutable X. Knowing the specific chain is vital for the correct allocation of funds.
Token Requirements
Next, users need to identify the specific tokens required for their transactions. Some assets might require USDC, others ETH, and some $IMX. Ensuring the correct token type is pivotal for a seamless purchase experience.
Layer 2 Wallet Considerations
Immutable Passport functions as a layer 2 wallet, built on top of Ethereum. Users must transfer funds from layer 1 to layer 2 chains, which include Immutable zkEVM and Immutable X. It is important to note that sending funds directly to an Immutable Passport address from another wallet or centralized exchange on Ethereum (L1) or any other non-Immutable zkEVM chain will not work, and funds may be lost.
Funding Your Immutable Passport
There are several ways to add funds to the Immutable zkEVM chain:
- Debit Card: Users can add funds using a debit card via Transak, which supports $IMX, ETH, and USDC.
- Bridging from a Centralized Exchange (CEX): Layerswap supports $IMX, ETH, USDC, and $GOG.
- Bridging from Another EVM Chain or Ethereum (L1): Options include Squid (supports $IMX, ETH, USDC, and more), Layerswap, and a native bridge powered by Axelar (supports moving $IMX, ETH, or USDC from/to ETH L1).
For more detailed instructions, users can refer to the official guide.
Future Funding for Immutable X Chain
Immutable has also outlined future funding options for the Immutable X chain, which will be available soon:
- 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.
Further detailed instructions will be provided by Immutable once these options are available.
Disclaimer
This guide is for informational purposes only and does not constitute investment advice. While Immutable has taken reasonable care in preparing this guide, it is provided on an “as is” basis without any representations or warranties. Users should be aware of the risks associated with dealing in crypto assets, including transferring and bridging assets across different blockchain environments.
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