Binance announced its decision to support the upcoming network upgrade for Terra Classic (LUNC). Set to occur at block height 15,493,370, the update is expected around November 20, 2023, at approximately 09:00 UTC.
As part of the upgrade process, the deposits and withdrawals of Terra Classic tokens will be suspended, tentatively starting from 08:00 UTC on November 20, 2023.
Users are reminded that the network upgrade will exclusively impact the deposit and withdrawal functions. Trading of LUNC tokens on Binance will continue uninterrupted during this period.