By Blockchain News | Created at 2024-11-14 12:11:24 | Updated at 2024-11-24 00:07:15
1 week ago
Terrill Dicki Nov 14, 2024 11:34
Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.
In a significant development for the cryptocurrency community, Bitrue has announced the integration of Gala Games' GalaChain main net to its platform. This marks the first time GalaChain is being listed on a centralized exchange, eliminating the need for Ethereum bridges for $GALA transactions, according to Gala News.
No Bridging Necessary
Previously, users had to bridge $GALA tokens to the Ethereum network for trading across multiple exchanges. With the new integration on Bitrue, users can directly deposit GalaChain $GALA into their accounts and trade with cryptocurrencies like USDC, USD-T, BTC, BTR, and XRP without incurring bridge fees or moving tokens to another blockchain ecosystem.
Native GalaChain Support on Bitrue
The integration not only simplifies trading but also paves the way for potential future support of other tokens from the GalaChain ecosystem. Bitrue users now benefit from a built-in GalaChain wallet, enhancing the platform's usability and convenience for new users discovering GalaChain.
Expanded Trading Options
Bitrue, which already supports Ethereum-based $GALA pairings with BTC, XRP, USDT, BTR, and USDC, now allows for GalaChain-based $GALA exchanges with these tokens. This development aligns with GalaChain's move towards greater decentralization, as outlined in their decentralization white paper.
As a long-standing partner of Gala, Bitrue has been instrumental in delivering essential features such as security, versatility, and user-friendly interfaces. The platform's offerings, including Power Piggy for passive income, spot and futures trading, and low transaction fees, provide a comprehensive environment for both novice and experienced crypto traders.
What’s Next?
The integration of GalaChain on Bitrue is just the beginning. The collaboration aims to explore further opportunities and partnerships to expand the reach and functionality of the GalaChain ecosystem. As the integration progresses, announcements regarding additional exchange partners and new innovations are expected to follow.
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