📢 Binance will support the Galxe (GAL) token exchange, change in value, and renaming to Gravity (G).
🔥Dear Binance Users,
Binance will support the exchange, redenomination, and renaming of the Galxe (GAL) token to Gravity (G).
On 2024-07-15 at 03:00 (UTC), Binance will remove all existing GAL spot trading pairs (GAL/BTC, GAL/USDT, and GAL/TRY) and cancel all pending GAL spot trading orders. On 2024-07-19 at 08:00 (UTC), Binance will open trading for the G/USDT and G/TRY trading pairs.
**Deposits and Withdrawals**
On 2024-07-15 at 03:30 (UTC), deposits and withdrawals of GAL will be suspended. Please make sure your GAL deposits are fully processed before this time.
Binance will make a separate announcement to inform users when deposits and withdrawals of G tokens will be available.
After the event, withdrawals of GAL tokens will no longer be supported.
📌Token Swap and Redenomination:
GAL tokens will assume the ticker of G at Binance;
All GAL tokens will be swapped to G at a ratio of 1 GAL = 60 G.
✍️ Spot:
At 2024-07-15 03:00 (UTC), Binance will delist and cease trading on all spot trading pairs for GAL.
The exact trading pairs being removed are: GAL/BTC, GAL/USDT, and GAL/TRY.
All trade orders will be automatically removed after trading ceases in each respective trading pair.
Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2024-07-15 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
#BinanceTournament #SOFR_Spike #US_Job_Market_Slowdown $BTC $NOT
