The Terra blockchain validators have decided to resume block production, disable on-chain swaps, and close IBC channels.
Binance will resume spot trading for LUNA/BUSD and UST/BUSD trading pairs on 2022-05-13 at 14:00 (UTC). Deposits and withdrawals for LUNA and UST will also open at the same time.
Please ensure that you have done your own research into the fundamentals of LUNA and UST before trading.
Note: The current circulating supply for LUNA is ~6.5T (~95% of total token supply).
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. There may be extreme pricing volatility. You are advised to seek independent financial advice. Binance is not responsible for your trading losses.
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.