Terra LUNA Network Upgrade September 21: Transfer Checklist
Terra LUNA upgrades September 21, with exchanges including MEXC temporarily pausing transfers. Use this checklist to avoid pending deposits and withdrawal confusion.
Crypto Support & Research Desk
Quick answer: Terra (LUNA) is scheduled for a network upgrade on September 21, 2026 around 15:20 UTC. At least one major exchange, MEXC, has announced a temporary LUNA deposit and withdrawal pause beginning at 13:30 UTC. Users moving LUNA around the upgrade should verify both blockchain status and the receiving exchange's wallet status before sending.
Why a network upgrade can affect LUNA transfers
Exchanges and custodians often pause deposits and withdrawals during protocol upgrades so their wallet infrastructure can update safely. Trading inside an exchange can remain available because it does not necessarily require an on-chain transaction.
Before sending LUNA
- Check the receiving platform's LUNA deposit status.
- Verify the correct Terra network and destination address.
- Confirm whether a memo is required by the receiving service.
- Avoid sending close to a published maintenance cutoff when the transfer is time-sensitive.
How to diagnose a pending LUNA deposit
Start with the transaction hash. If the transaction is confirmed on the Terra network but the exchange has not credited it, the issue may be exchange-side wallet processing. Save the hash and deposit details for support.
If the transaction is still pending or failed on-chain, the receiving exchange cannot credit a transfer that has not successfully settled.
How to diagnose a pending withdrawal
If an exchange withdrawal has no blockchain hash, it may still be queued internally. If a hash exists, check its status on the network explorer. This distinction prevents unnecessary duplicate withdrawal attempts.
Do you need to migrate LUNA?
The exchange notice describes a network upgrade and explicitly says it will not create a hard fork. That is not a request for users to send LUNA to a migration wallet or claim a replacement token.
What not to do
- Do not resend a deposit simply because exchange credit is delayed.
- Do not choose another network unless both sides explicitly support it.
- Do not share a seed phrase, private key or 2FA code with anyone offering recovery.
- Do not trust unsolicited “upgrade support” links.
After the upgrade
Wait until the exchange or wallet you use shows LUNA deposits and withdrawals as enabled. A network being live does not guarantee every custodian has reopened wallet services.
FAQ
Is LUNA trading necessarily paused?
No. MEXC specifically says trading is not affected while its LUNA deposits and withdrawals are paused.
What if my transaction is confirmed but not credited?
Keep the hash and contact the receiving platform through its official support channel after checking its maintenance status.
Should I use a recovery service?
Be extremely cautious. Legitimate troubleshooting should not require giving anyone your seed phrase or private key.
Will the upgrade create a new token?
MEXC's announcement says this network upgrade will not create a hard fork.
This article provides general technical information and is not investment advice.
Regulatory & Financial Risk Disclosure
The opinions, research, and analysis expressed in this publication are solely for educational and informational purposes and do not constitute investment, financial, legal, or tax advice. Digital asset markets are speculative and volatile. Past performance does not indicate future results. Always perform independent due diligence.
About the Author
Crypto Support & Research Desk
Crypto Support Desk publishes practical, source-led guides to exchange, wallet, network and on-chain service changes. Information is checked against primary or reputable security sources and is not investment advice.