Cryptocurrency change Binance introduced that it has efficiently accomplished the token swap, revaluation and rebranding of Galxe (GAL) into Gravity (G). The brand new G tokens can now be used for deposits and withdrawals.
Binance Completes Galxe Token Swap and Rebrands as Gravity
As of 11:00 at the moment, spot buying and selling has began for G/USDT and G/TRY pairs. Spot Copy Buying and selling customers can embrace these pairs by enabling them within the Spot Copy Buying and selling settings part.
The distribution of latest G tokens was carried out on the charge of 60 G for 1 GAL. Customers can evaluation their token distribution historical past and acquire new G token deposit addresses on the platform.
Binance additionally said that withdrawals of legacy GAL tokens are not supported, guaranteeing a clean transition to the brand new branded Gravity tokens.
What’s Galxe (GAL)?
It’s an Ethereum-based ERC-20 token that powers Galxe’s identification information community.
Galxe is a collaborative credential infrastructure that allows manufacturers and builders to interact with communities and construct sturdy merchandise on Web3.
*This isn’t funding recommendation.
