Binance has announced a temporary suspension of Terra Classic (LUNC) deposits and withdrawals, starting at 2:10 PM UTC on December 18, to support a scheduled network upgrade.
This pause is a standard operational measure used by exchanges to ensure system stability and user fund safety while technical updates are applied. During this time, users are advised to avoid transferring LUNC until the upgrade process is completed.
It’s important to note that trading will continue as normal, and user balances will remain secure throughout the maintenance period.
❤️🔥 What Happens After the Upgrade? ❤️🔥
Once the network upgrade is fully implemented and verified as stable, Binance will automatically resume deposits and withdrawals for LUNC. No action is required from users.
Network upgrades typically aim to deliver:
Improved security and reliability
More efficient transaction processing
Long-term network stability
While temporary suspensions may feel inconvenient, they are designed to support smoother and safer operations across the ecosystem.
🚀 Summary 🚀
The LUNC suspension is a planned and controlled pause to facilitate a network upgrade. Trading remains unaffected, funds stay safe, and services will resume once the upgrade is complete. Staying informed and planning transfers ahead of time can help avoid disruption.
Such upgrades are a necessary step toward maintaining the long-term health and functionality of the Terra Classic network.
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