Cryptocurrency exchange Binance unveiled the addition of Gravity (G) to its Simple Earn, “Buy Crypto,” and Binance Convert services. Additionally, it plans to include the G token in Binance Margin and Binance Auto-Invest starting at 10:00 UTC on July 22nd. This update will offer individuals expanded options for interacting with the G token throughout various Binance platforms.
Individuals are now enabled to subscribe to G Flexible Products through Binance Simple Earn. Additionally, starting Monday, the purchases of G will be available utilizing any of the payment methods offered by Binance Auto-Invest.
Meanwhile, on the “Buy Crypto” webpage, purchasing G is already available. Additionally, users can convert their G to BTC, USDT, or any other tokens supported by Binance Convert without incurring fees. This facilitates a range of options for acquiring and converting G on the Binance platform.
Furthermore, at 10:00 UTC on July 19th, Binance Margin will introduce G as a new borrowable asset for Cross and Isolated Margin. In addition, the G-USDT trading pair will also be available on Cross and Isolated Margin.
What Is G Token?
G represents the Gravity native token and functions as utility token for ecosystems of Gravity and Galxe. It is used as the gas token for transactions and will soon be utilized for network security via staking. It plays a key role in governance decisions, supports growth incentives, and facilitates payments.
Galxe is a decentralized application (dApp) and on-chain distribution platform that provides a strong infrastructure and suite of modular AI, digital identity, as well as blockchain offerings, encompassing Quest, Passport, Score, Compass, and Alva. Additionally, it supports the evolution of dApps, focusing on digital identity management. The recent release of Layer 1 omnichain network Gravity enables builders to access Galxe’s vast user base and create new products.
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