Binance resumes trading LUNA and UST in pairs with BUSD
- May 13, 2022
- 0
At 17:30 (Kyiv/Moscow time) on May 13, Binance continued spot trading on the cryptocurrency exchange LUNA/BUSD and UST/BUSD. At the same time, the platform opened up deposits and
At 17:30 (Kyiv/Moscow time) on May 13, Binance continued spot trading on the cryptocurrency exchange LUNA/BUSD and UST/BUSD. At the same time, the platform opened up deposits and withdrawals in the Terra ecosystem.
Spot trading for LUNA/BUSD and UST/BUSD will resume at 14:30 UTC on May 13, 2022.
— Binance (@binance) May 13, 2022
The company warned that there are more than 6.5 trillion LUNA tokens in circulation and advised traders to consider the risks involved.
Previously, OKX exchange suspended trading and removed perpetual contracts and margin trading with Anchor (ANC) and Mirror (MIR) DeFi protocol tokens related to the LUNA and Terra ecosystem from the list of traded instruments.
On May 12, Binance delisted LUNA perpetual contracts paid into the underlying asset. On May 13, the platform took a similar decision regarding contracts in BUSD.
Recall that the head of the company, Changpeng Zhao, criticized the actions of Terraform Labs. According to him, the developers endangered investors, but did not take responsibility.
Source: Fork Log
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