Jessie A Ellis
21 Jul 2024 09:24
Binance has completed the Galxe (GAL) token swap, revaluation, and rebranding to Gravity (G) and is now open for trading.
Binance has successfully completed the token swap, revaluation, and rebranding of Galxe (GAL) to Gravity (G), as announced on the official Binance website. This transition represents an important update for users holding GAL tokens.
Deposits and Withdrawals
Deposits and withdrawals for the newly rebranded Gravity (G) token are now open. Binance has also launched spot trading for G/.USDT and G/TRY pairs as of 2024-07-19 08:00 (UTC). Users with an active Spot Copy Trading portfolio can include these pairs by activating them in the Spot Copy Trading settings in the Personal Pair Preferences section.
Token Swap Details
According to Binance, the token swap was carried out at a ratio of 1 GAL to 60 G. Users can view the token distribution history on the Binance platform. Users can also get the new G token deposit address on the Binance website.
Important Note
- Withdrawals of existing GAL tokens are no longer supported.
- For the most accurate information, users should refer to the original English version of the notice. Translated versions may contain inconsistencies.
conclusion
This rebranding and renomination initiative by Binance is expected to streamline the user experience and provide a new identity to the token formerly known as Galxe. The cryptocurrency community will be watching closely to see how the new Gravity (G) token performs in the market.
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