Gemini to Delist Terra Luna Classic and Other Cryptocurrencies

Crypto exchange Gemini has revealed plans to remove Terra Luna Classic (LUNC) from its platform, according to information shared with those close to the matter.

The exchange will also delist Synthetix (SNX), Qredo (QRDO), and Zebec (ZBC).

Gemini has confirmed that Terra Luna Classic will be delisted following a recent evaluation of its listed assets. Trading for these cryptocurrencies will cease after September 20, and users are advised to withdraw their holdings to external wallets.

In a statement, Gemini explained, “We regularly assess the assets we support on our platform. After our latest review, we have decided to delist certain assets based on our evaluation criteria.”

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There is some confusion within the crypto community regarding the delisting of Terra Luna Classic, with some speculating that Gemini may be referring to wrapped LUNA (wLUNA) instead.

Terraform Labs has recently reopened the Shuttle bridge for users to redeem wrapped assets from Terra Classic, with a 30-day redemption period.

Alexander Stefanov