Crypto exchanges including FTX, KuCoin, Gate.io, Bitfinix, Huobi, Upbit, and Bitrue have announced support for the Terra 2.0 and LUNA airdrop. The exchanges will suspend LUNA and UST deposits and withdrawals with effect from today in order to let migration and airdrop execute successfully.
Meanwhile, several exchanges such as Binance are yet to announce any further updates after disclosing that they are working closely with the Terra team on the recovery plan.
Top Crypto Exchanges Support Terra 2.0 and LUNA Airdrop
The anticipated launch of the new Terra chain on May 27 has mixed reactions from crypto exchanges. FTX, Bitfinix, Gate.io, and others supporting the Terra 2.0 migration and airdrop will suspend LUNA and UST trading on May 26. Moreover, tickers LUNA and UST will be changed to LUNC and USTC, respectively.
LUNA and UST holders during the snapshot time will receive the new LUNA tokens through airdrops distributed by crypto exchanges.
FTX seems to halt LUNA and UST trading at...
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