Dnv this, last time it went bad
Post
Nchcampos
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Deposits and withdrawals of LUNA will be paused starting at 12:05 UTC on December 8.
Binance announced the temporary suspension of deposits and withdrawals of LUNA due to a crucial update to the Terra network. Here are the details:
- *Suspension*: Deposits and withdrawals of LUNA will be paused starting at 12:05 UTC on December 8.
- *Reason*: Technical support for the update of the Terra network.
- *Impact*:
- Spot and futures trading of LUNA will continue as normal.
- Existing funds in LUNA on Binance remain secure.
- *Preparation*:
- Complete pending transactions before the deadline.
- Follow Binance's official channels for updates.
- Assess trading plans during the suspension period.
The update of the Terra network aims to improve the security and functionality of the blockchain. Binance has taken steps to ensure the security of user funds during the update.
Binance announced the temporary suspension of deposits and withdrawals of LUNA due to a crucial update to the Terra network. Here are the details:
- *Suspension*: Deposits and withdrawals of LUNA will be paused starting at 12:05 UTC on December 8.
- *Reason*: Technical support for the update of the Terra network.
- *Impact*:
- Spot and futures trading of LUNA will continue as normal.
- Existing funds in LUNA on Binance remain secure.
- *Preparation*:
- Complete pending transactions before the deadline.
- Follow Binance's official channels for updates.
- Assess trading plans during the suspension period.
The update of the Terra network aims to improve the security and functionality of the blockchain. Binance has taken steps to ensure the security of user funds during the update.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.