GAL, GAL-PERP Delisting Progress & Upcoming Migration

Written by BTSE

July 15, 2024

Dear Traders,

In light of the migration from GAL to G, here is what you need to know regarding GAL tokens and GAL-PERP.

 

Galxe (GAL)

  • On July 12 (Friday), 16:00 (UTC+8), GAL was delisted. Trading, deposits and withdrawals have been disabled, in preparation for the upcoming migration.
  • On July 25 (Thursday), the GAL to G migration will occur, and GAL tokenholders will have their GAL balances converted to G tokens at a 1 GAL : 60 G ratio. This means ten GAL tokens will be converted to 600 G tokens. BTSE will also list G, and traders will be able to trade, deposit, and withdraw G tokens as they wish.

 

Galxe Perpetual Futures (GAL-PERP)

On July 18 (Thursday), 16:00 (UTC+8), GAL-PERP will be delisted.

Trading for this futures contract will be disabled after this, so we advise you to close your positions ahead of time.

We may re-list this contract under the G-PERP ticker at a later time (TBD), and traders will be able to trade it normally afterwards.

 

For details regarding the migration, please refer to the announcement from the Galxe team here.

For any other questions, please contact us at support@btse.com.


Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at support@btse.com or on X @BTSE_Official.

Note: BTSE blog content is intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.

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