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Announcement: CoinSavi Will Support the Galxe (GAL) Token Swap to Gravity (G)
Announcement: CoinSavi Will Support the Galxe (GAL) Token Swap to Gravity (G)

Announcement: CoinSavi Delists GAL Trading Pairs

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Written by CoinSavi
Updated over 5 months ago

Dear CoinSavi Users,

CoinSavi will support the token swap of Galxe (GAL) to Gravity (G). We will complete the GAL to G token swap automatically for GAL holders on CoinSavi.

The arrangements are as follows:

1. The deposit and withdrawal services will be closed at 08:00:00 on July 18, 2024 (UTC)

2. The GAL/USDT trading bots will automatically stop running at 07:45:00 on July 19, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.

3. CoinSavi will close the trading service for the GAL/USDT trading pair at 08:00:00 on July 19, 2024 (UTC). We recommend that you cancel your pending orders of GAL as soon as possible.

To complete the token swap, CoinSavi took snapshots of users'GAL assets at 10:00:00 on July 19, 2024 (UTC). After the snapshot, we will convert the GAL to G at a ratio of 1:60 (1 GAL = 60 G).

Please note:

1. Minimum holding for eligibility: 0.35 GAL

2. The snapshots included GAL balances in Spot accounts (Main Account + Trading Account).

3. GAL tokens that were in pending deposit or withdrawal at the time of the snapshots have not been counted towards your GAL balance.

4. After the token swap is completed, the GAL token will no longer be supported on CoinSavi.

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