Why Coinbase’s Decision Not to Support Gala V2 Token Upgrade is a Big Deal for Crypto Investors
1Why Coinbase’s Decision Not to Support Gala V2 Token Upgrade is a Big Deal for Crypto Investors: https://playtoearngames.com/news/why-coinbases-decision-not-to-support-gala-v2-token-upgrade-is-a-big-deal-for-crypto-investors
Do you own Gala coins on Coinbase as a cryptocurrency investor? If so, you might want to pay close attention to the latest information about Gala Games' planned token upgrade. On May 15, the blockchain gaming startup will send current holders an updated version of its native token, Gala V2, through an airdrop. But there's a catch: the biggest cryptocurrency exchange, Coinbase, has said it won't accept the upgrade and will stop trading the current token (Gala V1) on May 12. What does this mean for the people who own Gala? Why is Coinbase being so careful about the coin upgrade? In this blog post, we'll get into the details and talk about what they mean for the crypto business as a whole. First, let's look at what upgrading Gala's tokens means. The company says that the new token's smart contract will have better burn processes, better security, and the ability to be upgraded in the future.
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