Jessie A Ellis
Jul 21, 2024 09:24
Binance has finalized the Galxe (GAL) token swap, redenomination, and rebranding to Gravity (G), now out there for buying and selling.
Binance has efficiently accomplished the token swap, redenomination, and rebranding of Galxe (GAL) to Gravity (G), as introduced on the official Binance web site. The transition marks a big replace for customers holding GAL tokens.
Deposits and Withdrawals
Deposits and withdrawals for the newly rebranded Gravity (G) tokens at the moment are open. Binance has additionally commenced spot buying and selling for the G/USDT and G/TRY pairs as of 2024-07-19 08:00 (UTC). Customers with energetic Spot Copy Buying and selling portfolios can embody these pairs by enabling them within the Spot Copy Buying and selling settings below the Private Pair Choice part.
Particulars of the Token Swap
In line with Binance, the token swap was executed at a ratio of 1 GAL to 60 G. Customers can view their token distribution historical past on the Binance platform. Moreover, new G token deposit addresses can be found for customers to acquire on the Binance web site.
Necessary Notes
Withdrawals of previous GAL tokens are not supported.
Customers are suggested to seek the advice of the unique English model of the announcement for essentially the most correct info, as translated variations could include discrepancies.
Conclusion
This rebranding and redenomination initiative by Binance is predicted to streamline the person expertise and supply a recent identification for the token previously often known as Galxe. The crypto neighborhood will probably be watching intently to see how the brand new Gravity (G) token performs out there.
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