eToro și Crypto.com vor sprijini arderea impozitelor cu 1.2% pentru Terra Classic (LUNC)

Crypto exchanges eToro and Crypto.com are supporting the 1.2% tax burn for Terra Classic (LUNC) and USTC on the Rețeaua Terra Classic. While Crypto.com has announced to support the tax burn for on-chain activities, eToro seems to offer tax burn for off-chain activities as well as on-chain activities.

The 1.2% tax burn was passed in the majority by the Terra Classic community. In fact, the 1.2% tax burn has been successfully implemented at the block height of 9,475,200 on September 21 at 06.20 UTC.

eToro and Crypto.com Implement Tax Burn for Terra Classic (LUNC)

eToro in a anunț pe site-ul său on September 20 said the crypto exchange will support the 1.2% tax burn for Terra Classic (LUNC) and USTC on the Terra Classic network. According to eToro, the tax burn will impact the operating costs associated with all offerings of LUNC.

eToro will add an operational fee of 0.6% to bid and ask prices for LUNC, in addition to the standard 1% fee applicable during buying or selling crypto assets on eToro. It suggests the crypto exchange will implement tax burn for on-chain (deposits and withdrawals) and off-chain activities (buying and selling).

The Terra Classic community requests all cripto-schimburi to implement the 1.2% tax burn for all off-chain activities. The tax and burn mechanism continues until LUNC reaches a fixed supply of 10 billion. The tax burn gets disabled as the fixed supply reaches 10 billion.

Meanwhile, Crypto.com is also supporting the 1.2% tax burn for Terra Classic (LUNC). However, the crypto exchange will support the tax burn only for on-chain activities such as deposits and withdrawals.

During deposits, the account balance gets credited to the account after the 1.2% tax deduction by the network. Similarly, withdrawals will be subject to withdrawal fee charges and the 1.2% tax deduction by the network.

“To ensure the safety of users’ funds during and after the upgrade, we will temporarily suspend deposits and withdrawals of LUNC token during the network upgrade. The trading of LUNC token will not be affected.”

Other crypto exchanges supporting the tax burn include Binance, KuCoin, Kraken, Huobi, Gate.io, MEXC Global CoinInn, BTCEX și LBank.

Recently, Binance announced that the management will later decide on the implementation of the 1.2% tax burn for off-chain activities. Currently, the exchange will support tax burn for Terra Classic (LUNC) on on-chain activities.

LUNC Price as the 1.2% Tax Burn Goes Live

The 1.2% tax burn is successfully implemented at the block height of 9,475,200 on September 21 at 06.20 UTC. However, the Terra Classic (LUNC) price has dived nearly 6% after the proposal goes live. The price is currently trading at $0.00028.

Mai mult, comunitatea a ars aproape 4.1 milioane de LUNC și a mizat 632.49 miliarde de jetoane până în prezent.

Meanwhile, the community looks to a atins prețul țintă de 0.0005 USD again as the tax burn goes live across many exchanges.

Varinder este scriitor și editor tehnic, pasionat de tehnologie și gânditor analitic. Fascinat de Tehnologiile Disruptive, el și-a împărtășit cunoștințele despre Blockchain, Criptomonede, Inteligență Artificială și Internetul Lucrurilor. El a fost asociat cu industria blockchain și criptomonede pentru o perioadă substanțială și în prezent acoperă toate cele mai recente actualizări și evoluții din industria criptomonedelor.

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