About Terra (LUNA) Network Congestion
Due to network congestion, the Terra (LUNA) network only broadcasts 6-9 withdrawal transactions per minute, resulting in the accumulation of a large number of pending withdrawal transactions.
Binance has suspended the withdrawal business of Terra (LUNA) network from 09:30 on May 12, 2022 to 14:10 on May 12, 2022 (East 8th district time).
Withdrawal requests that have not been broadcast on the Terra (LUNA) network have been rejected during the suspension to avoid funds getting stuck in the withdrawal queue.
Users can check your withdrawal status in the transaction history.
The Terra (LUNA) network has now resumed withdrawals.
At this stage, Binance is working hard to increase the number of wallets to speed up the processing of withdrawals and support more withdrawals.
If the pending withdrawal demand on the network surges again, the withdrawal business may be suspended again without further notice.
Rest assured, your assets are absolutely safe.
Go to Binance Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
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April 24, 2024
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