Luna and UST tokens are trading on FTX and other exchanges after Terra validators halted their network as prices plunged, although transactions conducted during the blockchain halt can’t be settled. thesamreynolds reports.
Thai-based exchange Bitazza was trading both Luna and UST up until early this morning Asia time, then pulled the plug on both.
UST continues to be traded at FTX and KuCoin, with $678 million in volume during the last 24 hours at FTX and $248 million at KuCoin. Binance and many other major exchanges halted trading of Luna and UST as both tokens neared the $0 point and the Terra blockchain was shut down the first time. It’s unclear if the Terra blockchain will ever be restarted, meaning that the trades may never be settled and traders unable to cash out.
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