May 3, 2025
Blockchain

Binance stops withdrawals for Terra (LUNA)

  • May 13, 2022
  • 0

The world’s largest cryptocurrency exchange, Binance, is the cryptocurrency that has taken the markets by storm for a few days. Terra (Luna) made a remarkable statement about In

Binance stops withdrawals for Terra (LUNA)

The world’s largest cryptocurrency exchange, Binance, is the cryptocurrency that has taken the markets by storm for a few days. Terra (Luna) made a remarkable statement about In the official announcement on the exchange’s website, the withdrawal process for the cryptocurrency has been suspended reported.

Binance’s statements also stated the reasons for the decision. Binance officials, network slowness and congestion They announced that the recording process was halted due to issues. Binance warned investors and announced that some withdrawal requests have been canceled and the transaction history on Binance needs to be checked. So if you’ve created a pull request for LUNA, that’s your request. can be rejected†

High volume recording requirements have been announced

Binance

In the blog post that Binance informed users, where there are very high recording volumes reported. However, given that LUNA has lost 96 percent in the past 24 hours, it is difficult to understand why investors want to withdraw this money. Nobody knows what’s going on in the background. don’t know exactly†

Terra (LUNA) and TerraUSD (UST) are popular cryptocurrency traders. number one calendar has become. LUNA, which once rose to the $120 level, is currently trading at $0.08. UST is one of the dollar-indexed stablecoins. In other words, the value of this cryptocurrency should be around $1. However, this cryptocurrency is currently from $0.048 acts…

Source: Web Tekno

Leave a Reply

Your email address will not be published. Required fields are marked *