GALA - Gala

What is Gala (GALA)?

Gala Games, established in 2020, is a blockchain-based gaming and entertainment platform that allows developers and gamers to play, create, and trade in-game assets securely using blockchain technology. Gala Games initially built its platform on the Ethereum blockchain. However, in February 2022, the team introduced their own blockchain known as Project GYRI. At the outset, this network was permissioned, but the Gala team has a vision to evolve it into a more decentralized platform. Their goal is to achieve greater autonomy in facilitating peer-to-peer value transfers. GALA is the cryptocurrency that serves as the native digital asset of the Gala Games ecosystem. 

Founded by Eric Schiermeyer, the co-founder of Zynga (a prominent mobile gaming company), Gala Games was initiated to address key issues within the gaming industry, such as ownership of in-game assets, player governance, and fair monetization. Learn more

How to Deposit GALA Into Your Coinmetro Account

For all information on how to deposit GALA into your Coinmetro account, please see the following help center article: How to Deposit GALA.

As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.

If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts or using a full ETH wallet as an intermediary.

How to Withdraw GALA From Your Coinmetro Account

For all information on how to withdraw GALA from your Coinmetro account, please see the following help center article: How to Withdraw GALA.

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.