Binance Suspends LUNA and UST Token Withdrawals

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.Binance suspended trading of LUNA and UST citing network congestion as the tokens' prices nosedived. thesamreynolds reports.

 

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binance thesamreynolds Network slowness and congestion? Sounds exciting

binance thesamreynolds Never use binance lmao

binance thesamreynolds That is one way to make stablecoin work, just don't allow it to trade below 0.99 or above 1.01 .

binance thesamreynolds Ah yes, 'network congestion', of course - the Luna block chain 10.000 TPS is so limiting.

binance thesamreynolds Trade USDT. You will never face such troubles.

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binance thesamreynolds A stupid procedure that causes a lot of sparks in the transactions of these currencies When the market crashes,it doesn't make sense to stop the withdrawals Because this will further weaken the confidence in these currencies, trading platforms are not a guardian of people's money

binance thesamreynolds cz_binance no1 reason to use kucoincom

binance thesamreynolds If you want stability, buy USDT. That's all.

binance thesamreynolds Oh market manipulation in plain sight 8)

binance thesamreynolds When I read this I thought it was Robinhood again lol

binance thesamreynolds That's why the only stablecoin I trust is USDT.

binance thesamreynolds 😂😂😂😂😂

binance thesamreynolds I love these centralised actions 😂

binance thesamreynolds Luna shoul stay out of Bitcoin. I do not support the effort, after their pullout

binance thesamreynolds Whoa! Whenever an exchange suspends trading, that usually makes the investment tank even more when trading opens again. Not saying it will Happen go $LUNA and $UST in the case of binance, but suspending feels wrong. NFA

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CoinBoxss binance thesamreynolds

binance thesamreynolds

binance thesamreynolds Just withdrawal suspend not trading!

binance thesamreynolds So I hear. 🥸

binance thesamreynolds Just further proof binance, cz_binance, terra_money, their VC backers like novogratz and the other projects they fund stand against everything crypto was founded on.

binance thesamreynolds again down :(

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binance thesamreynolds Just longed $UST 🚀

binance thesamreynolds Not your keys, not your coins.

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binance thesamreynolds “Somebody’s blowing up”

binance thesamreynolds This is fine

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