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Nami Exchange supports the token swap from Galxe (GAL) to Gravity (G)
08/07/2024

Dear Nami Community,


As latest announcement from partner Binance, Nami Exchange would like to announce the support of the Galxe (GAL) token swap, redenomination, and rebranding to Gravity (G), details as described below:


1. Futures trading on Nami Futures and NAO Futures:

  • At 2024-07-11 08:30 (UTC), Nami will suspend trading for the GAL/USDT, GAL/VNST and GAL/VNDC. Please note that users are allowed to close any existing positions after this time.
  • At 2024-07-11 09:00 (UTC), Nami will close all positions, conduct an automatic settlement and cancel all pending orders on the GAL/USDT, GAL/VNST and GAL/VNDC, and delist those contracts after the settlement is complete. Users are advised to close any open positions prior to above mentioned time to avoid automatic settlement.

2. Spot and Swap trading on Nami Exchange

  • At 2024-07-15 03:00 (UTC), Nami Exchange will suspend and delist all GAL/USDT, GAL/VNST and GAL/VNDC spot and swap trading pairs and cancel all pending spot trade orders.
  • At 2024-07-15 03:30 (UTC), deposits and withdrawals of GAL will be suspended. Please ensure that you leave sufficient time for your GAL deposits to be fully processed prior to this time.

3. Nami Earn

At 2024-07-12 03:00 (UTC), Nami Earn will cease support for GAL Earn Pools, and subscriptions will no longer be available, all GAL balances from existing subscriptions will be automatically redeemed and credited to users’ Spot Wallets after 2024-07-12 03:00 (UTC). Users may also choose to redeem their assets from GAL Nami Earn Pools anytime before the aforementioned time.


4. Nami Lending

At 2024-07-11 03:00 (UTC), Nami Lending will close all outstanding loan positions for GAL. Users are strongly advised to repay their outstanding loans before the aforementioned time to avoid any potential losses, where applicable.


5. Auto-Invest

Since 2024-07-09 03:00 (UTC), Nami Exchange will cease support Galxe (GAL) with Auto-Invest function, all auto-invest plans with GAL will not have buy orders executed. Users are strongly advised to cancel plans that include GAL assets before the aforementioned time.


6. Conversion's schedule and rate:

  • After the time listed above, Nami Exchange will recover all old GAL balances, and begin the distribution of new G to all eligible users at a ratio of 1 GAL = 60 G.
  • At 2024-07-19 08:00 (UTC), trading will open for new G/USDT, G/VNST and G/VNDC spot and swap trading pairs.
  • Deposits and Withdrawals with Gravity (G) open at 2024-07-19 17:00 (UTC).

More information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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