Dear CoinEx users,
Due to the network upgrade of LUNA, CoinEx has suspended LUNA deposit and withdrawal to ensure our users’ assets security. The details are as follows.
LUNA Deposit and Withdrawal:
Close on: March 18, 2021 (UTC)
Estimated time to reopen: Depends on the update progress.
1. During the suspension of deposit and withdrawal for LUNA, the users will still be able to trade LUNA and transfer between the users on CoinEx.
2. CoinEx will closely monitor the maintenance of LUNA, and any update will be shared to our users as soon as possible to ensure the safety of our users’ assets and excellent trading experience.
Terra is a blockchain protocol that supports stable programmable payments and open financial infrastructure development. It is supported by a basket of fiat-pegged stablecoins which are algorithmically stabilized by its native cryptoasset, Luna. Luna is the native staking token recognized by the Terra protocol. Through its role in collateralizing the mechanisms that secure the price-stability of Terra stablecoins and modulate the incentives of validators, Luna serves as a foundational asset for the entire Terra network and ecosystem.
CoinEx reserves the right of final interpretation of this announcement.
March 18, 2021
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