Crypto exchange Binance stops support for LUNA and UST on Binance Earn but reinstates their spot trading

Binance, the largest crypto exchange in the world by trading volume, has announced that it has stopped support for LUNA and UST on Binance Earn. The move came after massive liquidations sent the prices of both tokens crashing. The crypto exchange confirmed the move in a post on Friday, May 13, The company cited customer protection as the reason for its decision. Effective 2022-05-13 at 12:00 PM (UTC), Binance Earn will cease support for LUNA and UST across its product lines to protect users, the crypto exchange said in a blog post on Friday. Savings and staking are among the impacted...


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