On May 13 at 17:30 (Kyiv/Moscow time), the Binance cryptocurrency exchange resumed spot trading in LUNA/BUSD and UST/BUSD pairs. At the same time, the platform opened deposits and withdrawals in the Terra ecosystem.
Spot trading for LUNA/BUSD and UST/BUSD will resume at 2:30pm UTC, May 13,
— Binance (@binance) May 13, 2022
The company warned that there were over 6.5 trillion LUNA tokens in circulation and advised traders to consider the risks involved.
Formerly OKX Exchange suspended operations and excluded from the list of traded instruments perpetual contracts and margin trading with LUNA and Terra ecosystem-related DeFi protocol Anchor (ANC) and Mirror (MIR) tokens.
May 12 Binance ruled out from the listing perpetual contracts settled in the underlying asset on LUNA. On May 13, the platform made a similar decision regarding contracts settled in BUSD.
Recall that the head of the company Changpeng Zhao criticized the actions of Terraform Labs. According to him, the developers endangered investors, but did not take responsibility.
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