Markets News Report Technology
July 19, 2024

Crypto Exchange Binance Adds Gravity’s G Token To Simple Earn, Buy Crypto, Convert And Margin

In Brief

Crypto exchange Binance unveiled the addition of Gravity (G) to its Simple Earn, Buy Crypto, Convert and Margin services.

Crypto Exchange Binance Adds Gravity’s G Token To Simple Earn, Buy Crypto, Convert And Margin

Cryptocurrency exchange Binance unveiled the addition of Gravity (G) to its Simple Earn, “Buy Crypto,” and Binance Convert services. Additionally, it plans to include the G token in Binance Margin and Binance Auto-Invest starting at 10:00 UTC on July 22nd. This update will offer individuals expanded options for interacting with the G token throughout various Binance platforms.

Individuals are now enabled to subscribe to G Flexible Products through Binance Simple Earn. Additionally, starting Monday, the purchases of G will be available utilizing any of the payment methods offered by Binance Auto-Invest.

Meanwhile, on the “Buy Crypto” webpage, purchasing G is already available. Additionally, users can convert their G to BTC, USDT, or any other tokens supported by Binance Convert without incurring fees. This facilitates a range of options for acquiring and converting G on the Binance platform.

Furthermore, at 10:00 UTC on July 19th, Binance Margin will introduce G as a new borrowable asset for Cross and Isolated Margin. In addition, the G-USDT trading pair will also be available on Cross and Isolated Margin.

What Is G Token?

G represents the Gravity native token and functions as utility token for ecosystems of Gravity and Galxe. It is used as the gas token for transactions and will soon be utilized for network security via staking. It plays a key role in governance decisions, supports growth incentives, and facilitates payments.

Galxe is a decentralized application (dApp) and on-chain distribution platform that provides a strong infrastructure and suite of modular AI, digital identity, as well as blockchain offerings, encompassing Quest, Passport, Score, Compass, and Alva. Additionally, it supports the evolution of dApps, focusing on digital identity management. The recent release of Layer 1 omnichain network Gravity enables builders to access Galxe’s vast user base and create new products.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories

Missed Bitcoin’s Rise? Here’s What You Should Know

by Victoria d'Este
December 20, 2024
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
Markets News Report Technology
Transak Increases Accessibility To Memecoins By Listing 11 New Tokens
December 20, 2024
Missed Bitcoin’s Rise? Here’s What You Should Know
Opinion Business Markets Technology
Missed Bitcoin’s Rise? Here’s What You Should Know
December 20, 2024
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
Opinion Business Markets Software Technology
The Explosive Rise of Crypto Theft in 2024 with North Korea Leading the Charge
December 20, 2024
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
News Report Technology
Multiple Network Unveils Brand Upgrade, Focusing On Privacy Protection And Data Acceleration 
December 20, 2024