Binance has effectively finished the token switch, redenomination, and rebranding of Galxe (GAL) to Gravity (G), as introduced at the respectable Binance web site. The transition marks a vital replace for customers retaining GAL tokens.
Deposits and Withdrawals
Deposits and withdrawals for the newly rebranded Gravity (G) tokens at the moment are visible. 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 lively Spot Novel Buying and selling portfolios can come with those pairs via enabling them within the Spot Novel Buying and selling settings beneath the Private Pair Desire category.
Main points of the Token Switch
In keeping with Binance, the token switch used to be finished at a ratio of one GAL to 60 G. Customers can view their token distribution historical past at the Binance platform. Moreover, untouched G token storagefacility addresses are to be had for customers to acquire at the Binance web site.
Noteceable Notes
- Withdrawals of worn GAL tokens are now not supported.
- Customers are steered to seek the advice of the latest English model of the announcement for essentially the most correct data, as translated variations would possibly comprise discrepancies.
Conclusion
This rebranding and redenomination initiative via Binance is predicted to streamline the consumer revel in and handover a untouched id for the token previously referred to as Galxe. The crypto family can be looking at intently to look how the untouched Gravity (G) token plays out there.
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