INSIDE THE ALGORITHM

Last updated: June 17, 2025, 23:45  |  Written by: Cameron Winklevoss

Inside The Algorithm
Inside The Algorithm

In A Blog Post Titled

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

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

Step

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

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, 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 Will Start Taxing All

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

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

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 Ceo Changpeng Zhao

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

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

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

Binance Wants To Implement An

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

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

Cameron Winklevoss can be reached at [email protected].

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