Cryptocurrency Exchange Binance has announced support for Terra (Luna) network upgrades and hard forks, which are scheduled to occur around 5:40pm on March 31, 2025.
Binance to support Terra (Luna) network upgrades and hard forks
Temporary suspension of deposits and withdrawals
To ensure a smooth transition, Binance will temporarily suspend token deposits and withdrawals on the Terra (Luna) network starting at 16:40 on March 31, 2025.
It will not affect transactions
Despite the upgrade, Binance has confirmed that Luna Tokens’ transactions are not affected and that users can continue trading as normal.
Binance has assured users that they meet all technical requirements for the upgrade. This means that customers do not need to take action. Once the upgraded network is stable, deposits and withdrawals will resume, but no further announcements will be made.
This Terra (Luna) upgrade is expected to enhance network functionality and improve overall stability.
*This is not investment advice.
