Binance Backs GAL→G Token Swap and Rebranding
CryptoNewsTerminal Staff04 Jul, 2024
Binance Backs GAL→G Token Swap and Rebranding
Binance has announced its support for the Galxe (GAL)→Gravity (G) token swap and rebranding. Consequently, GAL deposits and withdrawals will be suspended on January 15th at 00:30 AM (UTC). GAL will be rebranded as G, with a 1:60 swap ratio (1 GAL = 60 G). Binance encourages users to complete the swap before the suspension date to avoid any potential inconvenience. The swap will occur automatically for users holding GAL on Binance, and users will receive the equivalent amount of G in their accounts. This token swap and rebranding mark a significant milestone in the evolution of the Galxe (GAL) project. The rebranding to Gravity (G) reflects the project's expanded focus on enabling a seamless Web3 experience.