Binance Completes Galxe (GAL) to Gravity (G) Token Swap and Rebranding

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 are actually 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 lively Spot Copy Buying and selling portfolios can embrace these pairs by enabling them within the Spot Copy Buying and selling settings beneath the Private Pair Desire 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.

Essential 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 anticipated to streamline the person expertise and supply a contemporary id for the token previously often known as Galxe. The crypto neighborhood might be watching carefully to see how the brand new Gravity (G) token performs available in the market.

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