Featured

Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023

Recently, Binance has authoritatively declared its endorsement of the upcoming Terra Classic (LUNC) network upgrade. This is scheduled for November 20, 2023, at roughly 09:00 UTC. Also, the network transformation is set to happen at block height 15,493,370.

Furthermore, in order to work with a seamless transition, Binance will briefly halt deposits and withdrawals of Terra Classic tokens. This will be starting from November 20, 2023, at 8:00 UTC.  Of course, this suspension is a critical piece of the upgrading process, ensuring the secure execution of the expected changes.

Notably, Binance will assume responsibility for all specialized aspects connected with the upgrade.  Of course, this will include implementing necessary alterations and improvements to agree to the modifications introduced by the Terra Classic network upgrade. 

A Buzz To Have Top Exchange Support LUNC Upgrade

Also, Binance’s obligation to handling these specialized changes reflects its devotion to providing a dependable and proficient trading environment. Also, the LUNC community is presently buzzing with this new development as they believe it’s significant for their future growth. Also, having a top exchange like Binance by their side proves a remarkable good news for the community and traders alike.

Related Post

So, traders and users can hope to resume deposits and withdrawals using LUNC tokens once Binance has completely assessed the upgraded network. Also, this cautious means aims to ensure the security and functionality of the Terra Classic blockchain post-upgrade.

Final Thoughts

Finally, With Binance’s dynamic involvement, the Terra Classic (LUNC) network upgrade signifies a cooperative exertion. As the date approaches, the LUNC crypto community will be enthusiastically anticipating a positive outcomes that this upgrade will bring to the Terra Classic network.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Follow us on Twitter @themerklehash to stay updated with the latest Metaverse news!

Image Source: katisa/123RF  // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Ethereum Down While Bitcoin, Solana, and JetBolt Skyrocket In End November 2024

Ethereum stumbles as Bitcoin surges past $97K, Solana eyes new highs, and JetBolt’s presale shakes…

5 mins ago

Top 5 Best Crypto Presales to Grab Now: Don’t Miss These December Week 1 Gems

The crypto market is a buzz with promising presales as 2024 draws the curtains. With…

24 mins ago

Cheems Surge On BSC Network: A Rising Star With Growing Market Value

The Cheems token on the Binance Smart Chain (BSC) is gaining significant momentum, surging by…

9 hours ago

Lester Token Crashes 40% Following Official Announcement

The value of $LESTER plummeted by 40% in the past 24 hours, leaving its market…

9 hours ago

From $30K To Millions: The Wild Journey Of $Quant And Xiaohaige’s Memecoin Stunts

In a bizarre turn of events, a young live-streamer known as Xiaohaige created the memecoin…

9 hours ago

Whale “convexcuck.eth” Makes Bold $CVX Move, Nets Significant Profit Amid Price Surge

The crypto whale known as "convexcuck.eth" has made waves in the DeFi world, spending $2…

9 hours ago