10/13/2023 0 Comments Binance luna![]() Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. ![]() The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. At the time of writing, LUNA traded at $0.0002767 noting a 43.46% fall in price over the last 24-hours. However, a full recovery for Terra’s LUNA seems like a distant dream to many in the market. And especially the fact that it doesn’t always make sense. We need to respect the market, with a level of caution too. LUNA made its way from the top five cryptocurrencies by market cap down to 207 in market cap, as the coin struggled to make its way back up.Īmid the ongoing drama, CZ added that he was hopeful that the project teams “can rise from the ashes and rebuild in a proper and sensible way.” The collapse of the Terra ecosystem was one of the most noteworthy falls as the Terra tokens fell to dust. ![]() When they drop, it can be a vicious circle.” When they are hot, they are all the rage. “We are in a new market, with many innovations. Soon after LUNA’s freefall began, the exchange halted LUNA and UST withdrawals in response to UST losing its peg to the dollar.Ĭommenting about the market fall, CZ cautioned investors by saying: The exchange also reduced the available leverage on its USDT-margined LUNA perpetual, with the maximum set at 8x. Binance Futures uses Bitcoin (BTC) as the base asset for its perpetual contracts, which means that customers need to use Bitcoin to fund the margin on their LUNA trades. On Thursday, Binance posted an update announcing that it was delisting COIN-margined LUNA perpetual contracts.
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