The crypto exchange platform Binance has announced that it will list Terra 2.0 on its platform from 31st May.
The platform will open trading of LUNA/USDT and LUNA/BUSD trading pairs from May 31, 06:00 (UTC), while deposits and withdrawal of Luna will open at 05:30 (UTC) on the same day.
The token will be listed in the Innovation Zone which has been defined by Binance as “a dedicated trading zone where users are able to trade new tokens that may have increased volatility and pose a higher risk than other tokens.”
Since Terra 2.0 poses higher-than-normal risk, it is listed in the Innovation Zone.
In the announcement, the platform also outlined the airdrop of Terra 2.0 (LUNA) to all eligible Luna Classic (LUNC) and UST users.
The ratio for distribution will be as follows:
- Pre-Attack 1 aUST = 0.01827712143 LUNA
- Pre-Attack 1 LUNC = 1.034735071 LUNA
- Post-Attack 1 USTC = 0.02354800084 LUNA
- Post-Attack 1 LUNC = 0.000015307927 LUNA
Read Also: What Is Terra 2.0? Know Everything About LUNA 2.0 Airdrop
Binance informed the holders of Luna (old) that their coins will start disappearing from their wallets. This is a part of preparation for switching to $LUNC and the upcoming airdrop of Terra 2.0.
The $LUNC tokens will appear in the users’ wallets the next day, when the token swap is complete.
Binance is pretty late to the game, since many platforms have already listed Terra 2.0 and started trading it since May 28.
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