Binance Announces LUNC, USTC Deposit And Withdrawal Changes

The largest cryptocurrency exchange in the world, Binance, announced on Friday that Terra Classic (LUNC) and Terra ClassicUSD (USTC) deposits and withdrawals will be halted starting on September 7 at 0:00 UTC owing to the closing of the Shuttle Bridge. However, users can still use the Terra Classic network to make deposits and withdrawals of LUNC and USTC tokens. Suspended Deposits and Withdrawals for LUNC and USTC On September 2, Binance announced that Terra Classic (LUNC) deposits and withdrawals via the Ethereum network and Terra Classic USD (USTC) deposits and withdrawals via the BNB Smart Chain (BEP20), Ethereum network (ERC20), and Polygon network would be available until September 7. Through the Terra Classic network and the Ethereum network (ERC20), Binance facilitated LUNC deposits and withdrawals. Additionally, the BNB Smart Chain (BEP20), Ethereum network (ERC20), Polygon network, and Terra Classic network enabled deposits and withdrawals of USTC. However, withdrawals and deposits made through other networks will be impacted by the closing of the Shuttle Bridge. However, users can still use the Terra Classic network to deposit and withdraw their LUNC and USTC tokens. Binance Advises Avoiding Terra Classic and USTC Near the deadline, Binance advises avoiding Terra Classic and USTC deposits and withdrawals. Deposits and withdrawals made after the deadline will not credit to respective accounts. Additionally, Binance E...