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OKX to support GAL token migration

Veröffentlicht am 16. Juli 2024Lesezeit: 3 Min.

Dear OKX users,

According to the official plan of Galxe, OKX will support GAL token migration to G at a 1:60 ratio as per the following schedule:

  1. All pending orders for GAL tokens will be canceled and the GAL spot trading pairs GAL/USDT, GAL/EUR will be suspended at 8:00 am UTC on July 19, 2024.

  2. GAL transfers, deposits, and withdrawals will be suspended at 10:00 am UTC on July 19, 2024.

  3. An account snapshot will take place at 10:00 am UTC on July 19, 2024.

  4. The subsequent token migration will take place at 10:00 am UTC on July 22nd, 2024.

The snapshot will take place in both OKX funding and trading accounts. New token G deposits, withdrawals, and spot trading will open after token migration. The specific opening time for these services will be announced separately.Please note:

  1. At the time of the snapshot, all the GAL tokens that are being withdrawn or not deposited successfully will not be included in the migration.

  2. For GAL tokens in sub-account, once the migration is complete, the G tokens will be sent to the main account.

  3. Under 1 GAL holdings (open orders excluded) will not be included in the migration.

Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to Terms of Service and Risk & Compliance Disclosure for more information.

For any inquiries, please feel free to contact us via the support center or connect with us on any platform of your choice.

OKX team

July 16, 2024