OKX announces partnership with Immutable X

2022-4-1 16:44

Leading global crypto exchange and ecosystem OKX has entered into a partnership with Immutable X, Ethereum’s (ETH/USD) leading Layer 2 scaling solution for NFTs, Invezz learned from a press release. The partnership will speed up the exchange’s strategy to make MetaX the DeFi portal of choice for investors, now with instant, zero-gas fee trading.

Expanding metaverse gaming assets

OKX will expand its gaming assets considerably by integrating Immutable X with the MetaX portal. Currently, its metaverses are limited to Illuvium, Ember Sword, Gods Unchained, Guild of Guardians, Habbo, and Kongregate.

It is now possible for OKX users to enjoy seamless interaction with the Layer 2 protocol without compromising the growth of its decentralized product ecosystem.

Zero gas fees, fully carbon-neutral, massively scalable

Immutable built Immutable X in partnership with StarkWare, the ZK-rollup leading expert. The L2 protocol can offer millions of users and its integrated ecosystems the ability to trade NFTs with 100% carbon neutrality, zero gas fees, and great scalability on the MetaX NFT Marketplace.

This is due to Immutable’s expert knowledge of NFTs and StarkWare’s cutting-edge technology.

Jay Hao, CEO of OKX, said:

OKX is on a mission to bring crypto into the mainstream. Our cooperation with ImmutableX brings a zero-gas fee and carbon-friendly solution to all of our customers and partners on our DeFi portal, MetaX. We believe this partnership will allow all of our users to level up with even better access to Web3, metaverse gaming, and the decentralized economy.

Robbie Ferguson, co-founder of Immutable, added:

Immutable is thrilled to power MetaX, OKX’s DeFi portal, and to support one of the largest crypto exchanges in the world. All OKX users will have access to unparalleled scale, liquidity, and security to trade and create L2 NFTs. Our partnership will empower people to create and own their wealth in the most innovative, decentralized, and secure ways possible.

NFTs inherit Ethereum security

All NFTs on Immutable X will feature Ethereum’s tried-and-true security. Both vendors and projects will be able to provide the opportunity to reach a larger audience within the L2 and OKX ecosystems by selling NFTs powered by Immutable X.

The post OKX announces partnership with Immutable X appeared first on Invezz.

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