The Coop Network Weekly Update 41/2021

Ionut Abalasei
CoopNews
Published in
3 min readOct 17, 2021

Changelly PRO lists the native GMD token

Changelly PRO is being the first one to list the native GMD token

As we mentioned before in our last updates, The Coop Network’s GMD token started off with Changelly PRO exchange. This week the exchange listed the $GMD token. With GMD/USDT & GMD/BTC pairs, you can go ahead and buy GMD tokens right now!

Join our Giveaway for a chance to win 125K GMD tokens

You only have until Oct 19th to complete a few steps for a chance to win GMD tokens, so you better hurry. More info on this below:

GMD listing on Bitmart scheduled for Tue, Oct 19th

BitMart will list The Coop Network (GMD) on their digital assets platform on October 19, 2021. The following trading pair will be available: GMD/USDT. Please note the available dates for different functions below:

  • Deposit feature: 10/18/2021 8:00 AM (EDT)
  • Trade feature: 10/19/2021 8:00 AM (EDT)
  • Withdrawal feature: 10/20/2021 8:00 AM (EDT)

COOP deposits & trading suspended on Bitmart

Important information: BitMart team, at our request, suspends deposits and trading for COOP at 4:00 AM on October 17, 2021 (EDT). For users who are still holding the affected asset, please withdraw them, so you can perform the swap to GMD coin as soon as possible. For more information, please join the Swap group.

1:1 COOP/GMD swap concluded

As you know, the 1:1 COOP/GMD swap ended once the native GMD token hit the exchanges (first one was Changelly PRO, earlier this week). No worries, you can still swap your old bCOOP/COOP tokens until March 2022, but this time the swap will be made considering the GMD token price at the time of the swap request. More info on that on our Telegram groups and especially on COOP/GMD Swap & Burn, a group that has been built for this exact purpose.

Largest cryptocurrency gathering took place this week in Dubai, UAE

Crypto Expo Dubai 2021 is the event for Investors and Crypto Industry leaders to network and explore more business opportunities in the Crypto Space. It is the right place to meet the right Crypto Companies to Invest and Trade. We had an insider at the event. 👀

Lease your GMD tokens to earn fabulous rewards

How to lease your wallet balance:

1. Log in your wallet , click on your GMD balance

2. Click on Account Leasing and then on Lease your balance to another account

3. Recipient : Type in the Wallet Address for Leasing: GMD-2TDK-XUPB-NV38–9NJEP

4. Period 43000 Blocks = 30 days with a return reward of 3% per month

5. Add a Message: Lease wallet

6. Fee: 1 GMD

7. Type in your pass phrase and click on LEASE BALANCE Button.

NOTE:

  • Your balance will be leased after 1440 blocks confirmation.
  • Once submitted the lease cannot be cancelled.
  • You can repeat the process only when leasing period it’s over.

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