Binance Halts Deposits and Withdrawals of Defunct Terra Ecosystem Tokens: Details

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Binance Halts Deposits and Withdrawals of Defunct Terra Ecosystem Tokens: Details
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Binance indefinitely suspends Terra LUNC and USTC deposits and withdrawals via shuttle bridge LUNAtics

The exchange has informed its users of forthcoming changes due to the impending shutdown of the Shuttle Bridge.

First, starting on Sept. 7, deposits and withdrawals of Shuttle Bridged LUNC and USTC made using the Ethereum network , BNB Smart Chain and Polygon network, respectively, will be halted indefinitely. Users can still use the Terra Classic network to deposit and withdraw their LUNC and USTC tokens, nevertheless. Spot and margin trading for LUNC and USTC, as well as relevant services on Binance Earn , are not affected. "Shuttle" is a Terra bridge that allows Terra assets to be sent between Terra and Ethereum networks. The original Terra blockchain, after its collapse, was abandoned and

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