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Last updated: June 18, 2025, 10:54  |  Written by: Katie Haun

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Scrapping The Old Plan

Breaking: Binance Implements Opt-In Button For 1.2% Tax

In a blog post titled, LUNC Burn and Binance, CZ said the team will implement an opt-in button, for people to opt-in to pay a 1.2% tax for their LUNC trading and

Scrapping the old plan, Binance will now begin burning all trading fees collected on the LUNC/BUSD and LUNC/USDT spot and margin trading pairs on Binance.

Binance to add opt-in button for 1.2% LUNC burn tax on all trades

Binance Affirms Opt-In Button for 1.2% LUNC Trading Tax

Binance’s CZ Recommends 1.2% Trading Tax on LUNC Trades.

Binance

Binance, the largest crypto exchange in trade volume, has decided to give its users the option of choosing whether to opt into the recently passed Terra Classic

Binance Scraps Opt-In Button, Implements LUNC Burns On All

Step 1: Implementing an “opt-in button” that let people approve a 1.2% tax on their Terra Classic (LUNC) trading. Step 2: Charging a 1.2% tax for all opt-in traders when

Binance Will Start Taxing All

Binance wants to implement an opt-in button for people to opt-in to pay a 1.2% tax for their LUNC trading. This will come about when the crypto exchange begins the

Binance will start taxing all opt-in traders 1.2% of their LUNC trading profits once the opt-in accounts hold 25% of the total LUNC owned on the exchange. This eliminates

Binance to Add an Opt-in Button for the 1.2% Tax Burn for LUNC

Binance Ceo Changpeng Zhao

Binance CEO Speaks Up On LUNC 1.2% Proposal, Calls Forcing Tax

Binance CEO Changpeng Zhao (CZ) has added an opt-in button for users to decide whether to apply 1.2% LUNC for each transaction on the exchange. Binance

Katie Haun can be reached at [email protected].

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