Binance is supporting the Terra Classic (LUNC) network upgrade, which will occur at approximately 2:15 PM (local time) at block 19,850,000. To facilitate the upgrade, the exchange will temporarily suspend deposits and withdrawals on the Terra Classic network starting at 1:15 PM on the same day. Trading will continue as normal during the upgrade.
Binance is taking steps to ensure that the upgrade is smooth and that users do not need to take any additional actions. Once the upgrade is complete and the network is stabilized, Binance will reopen deposit and withdrawal operations without further notice. User funds will remain safe during this period.
Stay tuned for the full analysis to be published later today.
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