Top Cryptocurrency Exchanges that Suspended Terra (LUNA) Transactions

The recent cryptocurrency winter is one that will not be forgotten in a hurry. This is due to the decisions and indecisions that led to the market implosion in the price of Terra (LUNA) and its algorithm Stablecoin (TerraUSD). The impact of LUNA decline had made some centralized exchanges suspend the withdrawal and trading in LUNA and UST on their platform. However, some of the exchanges have reopened withdrawal since the network is now accepting transactions. Among the top exchanges that suspended Terra LUNA and UST trades during the market implosion include: Binance Crypto.com OKX Binance Binance is the largest cryptocurrency for spot trading at the time of writing, in the past 24 hours. It is ranked in the second position for derivative trading after Kraken. It has over $14.85 billion in spot trading transactions. Due to the market implosion, it suspended all spot trading transactions in Terra (LUNA) and TerraUSD (UST) on May 13th, 2022. The two trading pairs that were affected are LUNA/BUSD and UST/BUSD. However, withdrawal has been enabled after the network became operational. Crypto.com Crypto.com is the 14th largest Cryptocurrency Exchange in the world for spot trading in the past 24 hours. It has about $514 million in spot trading transactions at the time of writing. It is ranked 16th position in derivative trading. Due to the market implosion, it suspended all spot trading in Terra (LUNA), MIR, and Anchor Protocol (AN...