What is the IMX token used for?

This fee can be paid in either IMX or ETH, providing users with flexibility and choice. The inclusion of ETH as an acceptable payment method further underscores Immutable's commitment to interoperability and inclusivity within the blockchain space.

The IMX token plays a pivotal role in Immutable's ecosystem, serving as a cornerstone for various functions. At its core, it facilitates governance within the platform, enabling users to have a say in decision-making processes that shape its future.

Beyond governance, the IMX token incentivizes participation, rewarding active members for their contributions to the platform's growth and development. This mechanism fosters a vibrant and engaged community, where everyone has a stake in its success.

Integral to Immutable's platform is its unique fee structure, which leverages the IMX token in a novel way. Transactions on the platform are streamlined and made seamless, with a minimal 2% fee charged for each exchange.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of its diverse user base. Among its offerings are spot trading, allowing for the direct exchange of digital assets, and futures trading, which enables users to speculate on the future prices of cryptocurrencies.