Indodax Removes Terra LUNA, What’s the Fate of Investors?


PT Indodax Nasional Indonesia officially removes crypto tokens LUNA land. This step begins today, May 13, 2022 at 20.00 WIB.

“It is with a heavy heart that we announce that Indodax will delist the LUNA market on Friday, May 13, 2022 at 20.00 WIB,” wrote Indodax’s statement, Friday (13/5/2022).

Based on monitoring detikcom, on the Indodax market, the Terra crypto asset with the trade code LUNA has been deleted. “LUNA is deslisted (deleted),” wrote Indodax.

For this decision, Indodax announced that all members are advised to withdraw LUNA crypto assets so that they can trade LUNA on other exchanges.

What is the fate of assets LUNA land owned by investors?

Indodax said that investors who own LUNA assets can still transfer to exchange other. Even though activity trading or the deposit is stopped, it is ensured that the investor’s LUNA crypto asset balance is safe.

“However, you don’t need to worry about your LUNA crypto asset balance, because it will still be safely stored in our system,” continued the Indodax announcement.

Investors are reminded that before transferring LUNA assets to exchange Otherwise, please ensure that the destination exchange supports the LUNA market in order to be able to receive Terra LUNA sent from Indodax.

“LUNA crypto asset transfers cannot be made to addresses wallet other Indodax accounts,” the announcement concluded.

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