COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Binance Supports Terra Classic’s Network Upgrade
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Binance > Binance Supports Terra Classic’s Network Upgrade
Binance

Binance Supports Terra Classic’s Network Upgrade

In Brief

  • Crypto exchange Binance continues to provide support for upgrades and hard forks for altcoins. The exchange recently announced its support for the planned network upgrade of Terra Classic (LUNC), a popular altcoin. Here’s what you need to know about Terra Classic’s network upgrade.ContentsBinance Supports Network Upgrade for Terra ClassicSmooth Continuation of LUNC Trading Binance Supports […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Crypto exchange Binance continues to provide support for upgrades and hard forks for altcoins. The exchange recently announced its support for the planned network upgrade of Terra Classic (LUNC), a popular altcoin. Here’s what you need to know about Terra Classic’s network upgrade.

Contents
Binance Supports Network Upgrade for Terra ClassicSmooth Continuation of LUNC Trading

Binance Supports Network Upgrade for Terra Classic

Binance has announced its support for the network upgrade of Terra Classic. The planned upgrade is expected to take place on November 20th at 12:00 PM UTC or at block height 15,493,370.

In preparation for the network upgrade, Binance will suspend deposits and withdrawals for the Terra Classic network one hour before the upgrade, starting from 11:00 AM UTC on November 20th. Deposits and withdrawals for Terra Classic will be resumed after the completion of the network upgrade, once it has been confirmed that there are no issues.

Smooth Continuation of LUNC Trading

Trading of LUNC will continue unaffected by the network upgrade for Terra Classic. The upgrade will only temporarily affect deposits and withdrawals. Binance will ensure that all technical requirements for Terra Classic’s network upgrade are met for its users.

Following the discontinuation of USTC in May 2022, the community behind Terra Classic decided to create a new blockchain called Terra 2.0, without algorithmic stablecoins. Terra Classic, rebranded from Terra, is a public blockchain based on Tendermint. It hosts the algorithmic stablecoin TerraClassicUSD (USTC).

According to data provided by crypto data and price platform CoinMarketCap, LUNC is currently trading at $0.00008383 with a 4.03% increase in the last 24 hours. During the same period, the trading volume of the altcoin has increased by a limited percentage of 2.22, reaching $39.7 million. The data shows that LUNC has increased by 18.47% in the last 7 days and 44.22% in the last 30 days.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Binance Adapts to Zilliqa Network Upgrade with Strategic Pause

Binance Takes Action for IoTeX: Temporary Suspension of Transactions on June 19

Explore Binance’s Latest Altcoin Lending Opportunities

Binance Rewards BNB Holders with Spark Coin Airdrop

Binance Expands Trading Options with New USDC Pairs and Algo Services

COINTURK NEWS 16 November, 2023 - 9:39 am 16 November, 2023 - 9:39 am
Share This Article
Facebook Twitter
Share
Previous Article Binance Partners with Gulf Energy Development to Launch Cryptocurrency Exchange in Thailand
Next Article South Korean National Pension Service Invests $20 Million in Coinbase Shares
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Ray Dalio Warns: Keep an Eye on This Crucial Economic Indicator
Economy
Michael Saylor Predicts Bitcoin Skyrocketing to $21 Million Per Unit
Bitcoin News
Crypto Market Faces Turbulence: How Traders Predicted the Dip
Cryptocurrency News
Tom Lee Highlights Fed’s Monetary Policy Impact on the Economy
Economy
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?