Binance Suspends Terra Deposits for Upcoming Network Upgrade

Binance is temporarily suspending deposits and withdrawals for LUNA tokens on March 31, 2025, to facilitate a critical network upgrade and hard fork. This decision will impact transactions related to Terra (LUNA), Luna Classic (LUNC), and USTC. However, trading activities remain unaffected during the upgrade period. Binance aims to ensure a seamless transition for users by handling technical requirements throughout this process, with services resuming post-stability confirmation.