Binance Stops Withdrawals for Terra (LUNA)

Binance made a remarkable statement about Terra (LUNA), which has not fallen off the agenda recently. The exchange announced that there was network congestion in LUNA withdrawals and that withdrawals were stopped.

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

In the statements made by Binance, the reasons for the decision were also mentioned. Binance officials, network slowness and congestion They announced that the shooting process was stopped due to problems. Alerting investors, Binance announced that some withdrawal requests were canceled and the transaction history on Binance should be checked. So if you’ve created a pull request for LUNA, that’s your request. may be rejected.

It has been announced that there are high volume shooting demands

In the blog post that Binance informed users, where there are very high volume shooting demands reported. However, considering that LUNA has lost 96 percent in the last 24 hours, it is difficult to understand why investors want to withdraw this money. Nobody knows what’s going on in the background. doesn’t know exactly.

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Source :
https://www.binance.com/en/support/announcement/1f86021e1f55483aa89649b3e6861153


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