GXT Exchange issued several announcements on August 21, 2026, covering a large-scale account cleanup, a new limited-time reward offer, another extension of its token presale deadline, and confirmation of a CoinGecko listing that remains inactive. The developments arrive as the project's Stage 3 presale approaches completion and its Token Generation Event draws near.

Security Sweep Removes More Than 150,000 Accounts

The project stated it permanently removed over 150,000 accounts identified as fake bots or farming activity. Officials described the action as necessary to build a fair and secure community for genuine users. No additional details were provided on the detection methods or specific behaviors that triggered the bans.

Earlier project figures listed approximately 250,000 registered users and 50,000 KYC-verified accounts. The banned total exceeds the previously reported KYC-verified base and forms a substantial portion of overall registrations. The platform has not released an updated total user count for direct comparison.

Presale Progress and Third Deadline Extension

Stage 3 of the presale, priced at $0.20 per token, has sold roughly 1.72 million of a 2 million unit allocation, placing it at about 86 percent filled. Purchases of $100 or more continue to receive an automatic 20 percent bonus. At the Token Generation Event, 60 percent of tokens unlock immediately, with the remaining 40 percent subject to a three-month lock.

The closing date for the current stage has shifted for the third time. Earlier references pointed to August 15, then August 20. The latest tracker lists August 23 as the end date. No explanation for the successive changes has been issued on official channels.

Limited Reward Code and CoinGecko Listing Status

Alongside the other updates, GXT Exchange released the redeem code 7D-LEFT-GXT-LISTING-SOON. Eligible users can claim 15 $GXT tokens on a first-come, first-served basis, capped at 125,000 claims and valid for seven days through the project's rewards page. The offer is positioned as linked to the final stretch of the presale.

The project also announced that its native token appears on CoinGecko. Direct checks show the page as inactive and deactivated, with no live price, market capitalization, trading volume, or full project description available. Trading is scheduled to begin on August 28 at 2:00 PM UTC.

Project Background and Related Considerations

GXT Exchange presents itself as a trading platform founded in 2026 that intends to support spot, futures, peer-to-peer trading, and staking, centered on the $GXT utility token. The stated total supply is 300 million tokens, with 100 million expected to circulate at the Token Generation Event.

The project's domain is relatively new. Independent trust-scanning tools have assigned low scores to the site, and some user reviews have reported difficulties with withdrawals. These points remain separate from the day's operational announcements but form part of the broader context surrounding the upcoming listing.

The combination of the account removals, the extended presale window, the reward campaign, and the inactive CoinGecko page leaves several details subject to further confirmation as the August 28 date approaches.