Binance Adds Terra Classic (LUNC) and UST Classic (USTC) to Binance Convert

A recent notification states that Binance has added Terra classic (LUNC) and UST classic (USTC) to Binance Convert. Users can now quickly and without fees convert LUNC and USTC to Bitcoin (BTC), Binance USD (BUSD), and Tether (USDT). #Binance Convert adds $LUNC and $USTC.https://t.co/h5Kczx1XYb — Binance (@binance) September 12, 2022 Binance Convert Service Users of the exchange can instantly convert one cryptocurrency to another using the Binance Convert service. This service, which differs from trading, is only intended for exchanging one coin for another. The addition of LUNC and USTC to Binance convert demonstrates the exchange’s continued interest in Terra Classic support. Users can click “Trade” and choose “Binance Convert” from the top menu on the Binance website to access the feature. Open the app on your phone, then hit “Trade” to choose “Convert.” Support For Terra Classic The exchange will apply tax burn to all on-chain transactions, including deposits and withdrawals, according to a statement from Binance. The Terra Classic community, on the other hand, was not pleased with Binance’s choice since LUNC supporters wanted Binance to impose burn on USTC and LUNC off-chain transactions, such as trading. By stating that it may review its decision to implement Terra Luna Classic Burns on trading, Binance allayed the community’s worries. The addition of the LUNC/USDT trading pair by the exchange allows significant investor...