TRADER TURNED A

Last updated: June 17, 2025, 10:53  |  Written by: Chris Larsen

Trader Turned A
Trader Turned A

Step

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

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

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 Wants To Implement An

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

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

In A Blog Post Titled

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

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

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

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

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

Scrapping The Old Plan

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

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.

Chris Larsen can be reached at [email protected].

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