$LUNC up 25% in minutes as Binance provides major update on burning mechanism lunccommunity terraclassic lunc terra luncburn
, one of the world's leading crypto exchanges and holder of possibly the largest LUNC liquidity, has decided to burn all trading commissions collected by the exchange on LUNC spot and margin pairs against BUSD and USDT.
The unexpected decision followed the abandonment of the exchange's initial plans to introduce a burn-in subscription and the implementation of a full burn-in tax when a certain number of subscribers are reached.
Fees will be converted to LUNC then sent to the burn address. The burn is paid at our expense, not the users’.On the announcement of this news, LUNC quotations immediately soared. Within five minutes, the cryptocurrency price was up more than 25% on the spot.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LUNC investors react to CZ's 1.2% trading tax recommendation on BinanceCZ backed LUNC burning but believes in community voting, allowing traders on the platform to finalize the suggestion, adding, “We listen to and protect our users.”
Read more »
LUNC Is Doomed as It Becomes Most Unprofitable Crypto Among Top 100$LUNC is the most unprofitable crypto among the top 100, here is why it is destined to fail lunc lunaburn lunaclassic
Read more »
Terra Classic (LUNC) Transfers on Binance (BNB) Will Be Taxed. When?.binance $BNB finally approves of implementation of $LUNC 'burn tax' mechanism: Details w/ WuBlockchain Binance
Read more »
Binance to Implement Terra Classic (LUNC) Burn Mechanism on Trading Fees | Binance SupportFellow Binancians, In response to the LUNC community proposal on burning trading fees while maintaining a good trading experience for users, Binance will implement a burn mechanism to burn all trad...
Read more »
LUNC Trading Volumes Jump 153% Amid Token Rebound; What's Happening?LUNC trading volumes increase by 153% as prices rebound; here's why $LUNC Terra TerraClassic LUNAtics LUNAClassicCommunity LUNCommunity
Read more »
SpaceX Has a Major Problem With Its Starlink Internet ConnectionsStarlink's internet connection has gotten way slower — and analysts are blaming it on the Elon Musk-owned satellite internet service's popularity.
Read more »