Good News for Terra Classic (LUNC) Investors from Binance: Will Support Network Upgrade
7 months ago
Binance, the world's highest-volume cryptocurrency exchange, announced that it will support the Terra Classsic (LUNC) network upgrade.
Binance announced on its official website on August 26 that there will be a network upgrade for Terra Classic (LUNC) on Saturday, August 27, 2022 at 01.00 in Turkey.
In the announcement, it was stated that deposit and withdrawal transactions for LUNC will be stopped as of 00:00 Turkish time on Saturday, August 27, 2022. It has been announced that after the completion of the network upgrade work, deposits and withdrawals will be reopened and there will be no further announcements to users during the opening.
On the subject, Binance stated that the LUNC price will not be affected during the upgrade work, and that Binance TR will meet all the necessary technical requirements for users holding LUNC in their accounts. The warning that the LUNC network upgrade will not end with the creation of a new token was also among the warnings made by Binance.