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Coin Gabbar·3 min read·medium

Listing Is Live-What’s Next?

Y
Yash Shelke
Listing Is Live-What’s Next?
AI Summary

GXT Exchange has announced the activation of its mainnet and the successful processing of over 1,600 withdrawal transactions. The project is providing on-chain verification via BscScan to reassure users during a period of high volume.

Why it matters

Transparency in crypto exchange operations is critical for maintaining user trust and verifying the legitimacy of project claims.

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Today's GXT Exchange news wraps up a fast-moving few days: mainnet activation, a scheduled upgrade, live trading, functioning withdrawals, and confirmation of more than 1,600 approved withdrawal transactions. Per the project's own account, the exchange says its auto-payout system is "running smoothly" even as high volume pushes some large withdrawals toward a 48-hour processing window.

Tracking GXT's own posts in sequence over the past 48 hours:

Mainnet described as "99.99% loaded," with an official reveal teased as imminent

Scheduled maintenance/upgrade announced, lasting 5-6 hours, with user data described as safe throughout

GXT trading went live at 2:00 PM UTC , initially only on GXT Exchange's own platform

Withdrawals officially confirmed live , with an auto-payout system described as approving transactions "within 1 second"

1,600+ withdrawals confirmed approved, with large withdrawals taking up to 48 hours during high volume

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