We regret to inform you that CoinSwitch is delisting LUNA (from Terra protocol) on our app, keeping in mind the best interest of all our users.This is the result of the massive fall in price of the token, following the crash of the stablecoin, TerraUSD (UST) and the halting of the Terra blockchain. As of 12 30 PM on 13th May, 2022, LUNA will no longer be available to trade on CoinSwitch.Please note:
- The ‘BUY’ option for LUNA has been disabled.
- The ‘SELL’ option for LUNA will be available. Users holding LUNA can sell their holdings before 12 30 PM 13th May, 2022.
At CoinSwitch, we periodically review the coins listed on the app to ensure they meet the highest standards. Based on the recent movements in the market, you may have seen the Riskometer, warning of high volatility and urging you to trade with caution. Considering all of the above, we have decided to delist LUNA to safeguard your interests and those of the larger crypto ecosystem.Thank you for your support as we build a more transparent and sustainable crypto trading platform.