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

Binance
has
successfully
completed
the
token
swap,
redenomination,
and
rebranding
of
Galxe
(GAL)
to
Gravity
(G),
as
announced
on
the
official

Binance
website.
The
transition
marks
a
significant
update
for
users
holding
GAL
tokens.

Deposits
and
Withdrawals

Deposits
and
withdrawals
for
the
newly
rebranded
Gravity
(G)
tokens
are
now
open.
Binance
has
also
commenced
spot
trading
for
the
G/USDT
and
G/TRY
pairs
as
of
2024-07-19
08:00
(UTC).
Users
with
active
Spot
Copy
Trading
portfolios
can
include
these
pairs
by
enabling
them
in
the
Spot
Copy
Trading
settings
under
the
Personal
Pair
Preference
section.

Details
of
the
Token
Swap

According
to
Binance,
the
token
swap
was
executed
at
a
ratio
of
1
GAL
to
60
G.
Users
can
view
their
token
distribution
history
on
the
Binance
platform.
Additionally,
new
G
token
deposit
addresses
are
available
for
users
to
obtain
on
the
Binance
website.

Important
Notes

• Withdrawals
  of
  old
  GAL
  tokens
  are
  no
  longer
  supported.
• Users
  are
  advised
  to
  consult
  the
  original
  English
  version
  of
  the
  announcement
  for
  the
  most
  accurate
  information,
  as
  translated
  versions
  may
  contain
  discrepancies.

Conclusion

This
rebranding
and
redenomination
initiative
by
Binance
is
expected
to
streamline
the
user
experience
and
provide
a
fresh
identity
for
the
token
formerly
known
as
Galxe.
The
crypto
community
will
be
watching
closely
to
see
how
the
new
Gravity
(G)
token
performs
in
the
market.

Image
source:
Shutterstock