In order to support the Galxe (GAL) token brand upgrade initiative, CoinW hereby informs you that we plan to delist the GAL perpetual contract with the USDT base on July 14, 2024 at 15:00 (UTC+8). We will enact the delisting process according to the following detailed steps.
Delisting Procedure:
July 14, 2024 at 14:50 (UTC+8):
1. Suspension of New Position Openings: Clients will be prohibited from establishing any new open positions.
2. Cancellation of All Open Positions: The platform will automatically cancel any and all outstanding open orders.
3. Mandatory Market Liquidation of All Positions: Any remaining unliquidated contract positions will be forcibly closed at the prevailing market price.
July 14, 2024 at 15:00 (UTC+8):
Complete Trading Prohibition and Order Withdrawal: Trading of the GAL perpetual contract will be entirely prohibited, and all pending orders will be withdrawn from the order book.
Subsequent Arrangements:
Upon the successful upgrade of Galxe (GAL) to Gravity (G), we will promptly list the new token in response to client trading demands. We kindly request that you monitor our platform updates, as we eagerly anticipate the unveiling of Gravity (G)'s fresh new brand identity.
Friendly Reminder:
To mitigate any potential profit losses stemming from the delisting, we advise that you proactively close your relevant positions or cancel outstanding orders well before the delisting date. This will help ensure your investments are not unduly impacted.
We sincerely apologize for any inconvenience this may cause, and we greatly appreciate your steadfast understanding and support. CoinW remains firmly committed to providing you with ever-improving services and experiences.
Should you have any inquiries, please do not hesitate to contact our online customer service team.
Sincerely,
CoinW