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Bybit will be supporting the migration and rebranding of 

). All GAL tokens held on Bybit will be swapped to G tokens at a 1:60 ratio and will be distributed to users via airdrop by 

. During this process, trading, deposits, and withdrawals of GAL will be temporarily suspended.

• New orders for Borrowing (UTA), Crypto Loans, Institutional Loans, and Bybit Savings with GAL will no longer be accepted.

• GAL/USDT Spot Grid Bots can no longer be created. All running Spot trading bots for GAL will be terminated automatically. We recommend managing your bots accordingly before the termination to avoid any potential losses.

• GAL will no longer be accepted as collateral on Borrowing (UTA), Crypto Loans, or Institutional Loans, and cannot be used for repayment.

• Any outstanding GAL liabilities must be repaid before Jul 29, 2024, 8AM UTC. Failure to do so will trigger automatic repayment of GAL liabilities and may lead to potential asset losses.

• We strongly encourage users to adjust their margin before Jul 27, 2024, 8AM UTC, if applicable, and closely monitor the maintenance margin rate (MMR) and loan-to-value (LTV) ratio to avoid any potential liquidation.

• GAL will be removed from Bybit Savings. Users' principal and accrued yield from staking GAL in Bybit Savings will be automatically credited to their Funding Accounts.

• Spot trading of GAL/USDT will be temporarily suspended. All active orders for GAL/USDT will be canceled.

• GAL/USDT will be delisted from Bybit Spot and trading will no longer be supported. All pending orders will be automatically canceled.

• Transfers, internal transfers, deposits, and withdrawals for GAL will be suspended. Please ensure that there is enough buffer time for your GAL deposits to be fully processed before the suspension, as deposits processed after this time will not be credited to your account. 

• GAL token and all its trading pair will be delisted from Bybit Convert.

• Token migration of GAL to G is expected to be completed. 

During the upgrade, you may experience temporary restrictions on viewing the GAL assets in your accounts. Rest assured that all GAL assets are secure and unaffected. The token swap from GAL to G may take some time to complete. Once the upgrade is finished, you will be able to transfer these assets again. G's listing details will be announced in a separate announcement.

Please note that queries on relevant pages and OpenAPI may also experience temporary unavailability. We advise you to pay attention to any relevant notifications during this period to minimize potential impacts on your GAL trades.

For additional information, check out the [official announcement](https://blog.galxe.com/introducing-g-one-token-two-ecosystems-306fee047256) from the project team.

We appreciate your understanding and cooperation throughout this process. If you have any questions or concerns, please feel free to reach out to our Customer Support via this [form](https://www.bybit.com/en/help-center/s/webform).

Bybit will be supporting the migration and rebranding of Galxe (GAL) to Gravity (G). 

Bybit to Support Galxe (GAL) Token Swap and Rebranding to Gravity (G)

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