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GALA V2 News: Gala Games ecosystem will soon be going under a massive contract upgrade where holders will be issued new $GALA V2 tokens on a 1:1 basis for all $GALA. Binance, the world’s largest crypto exchange has decided to support the Gala (GALA) contract swap when Coinbase chooses to stay away from it.
Also Read: Is XRP Lawsuit Ruling Key For Coinbase Against US SEC?
As per the announcement, Binance will be backing the contract swap on the Ethereum (ERC20) network. It added that the deposits and withdrawals of old GALA on the Ethereum (ERC20) network will be suspended and will not be supported henceforth.
However, Binance mentioned that it will be handling all technical requirements for all users holding GALA on the crypto exchange. A separate announcement for the users will be made after the completion of the contract swap, it added.
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The post Just-In: GALA V2 Gains Binance Support Amid Coinbase Rejection appeared first on CoinGape.
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