The world’s largest cryptocurrency exchange Binance, Terra Classic (LUNC) made a new announcement about the burning.
In the last days of 2022, we announced that the LUNC burnings were postponed until March 1, 2023. LUNC Stating that it will not burn transaction fees, Binance announced in its latest announcement that it will support the Terra Classic network upgrade.
Stating that the Terra Classic network upgrade will take place approximately at 07:50 on 14.01.2023, Binance announced that it will be available via the LUNC network. LUNC, USTC and ANC He said that deposits and withdrawals will be suspended from approximately 14.01.2023 at 06:50.
“Terra Classic (LUNC) network upgrade will occur on epoch 15,029, approximately 04:50 (UTC) 14/01/2023.
Deposits and withdrawals for LUNC, USTC and ANC via the Terra Classic (LUNC) network will be suspended from approximately 14/01/2023 03:50 (UTC).
The network upgrade will take approximately three hours.
LUNC, USTC and ANC trading will not be affected during the network upgrade.
Binance will fulfill all relevant technical requirements for all users holding LUNC, USTC and ANC in their Binance accounts.
Binance will review and adjust withdrawal fees for LUNC, USTC and ANC via the Terra Classic (LUNC) network, as appropriate, in accordance with market conditions.
Once we consider the upgraded network stable, we will reopen deposits and withdrawals for the Terra Classic (LUNC) network and will not notify users at further notice.”
#Binance will support the Terra Classic $LUNC Network Upgrade.https://t.co/QA6akTco97
— Binance (@binance) January 13, 2023
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