Binance support for Terra classic tokens is increasing day by day.
The world’s top exchange is in no mood to leave Terra’s classic community behind or alone. The exchange is taking every step possible to boost Terra Luna classic (LUNC) and terra classic USD (USTC) utility.
In the most recent announcement, the exchange confirms the addition of USTC as a new borrowable asset on Cross Margin and Isolated Margin.
Both Cross Margin and Isolated Margin Pair for USTC are against BUSD.
#Binance adds $USTC and 4 new pairs on Cross Margin and Isolated Margin.https://t.co/EGRpT8cLC7
— Binance (@binance) September 28, 2022
As reported by The Crypto Basic, Binance became the first exchange for adding LUNC burns on all trading fees. Recent calculations from Terra rebels show that the Binance Tax Burn Approach May Result in Burns of More Than 1.2% of the Proposed Rate.
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Source: https://thecryptobasic.com/2022/09/28/binance-adds-terra-classic-usd-ustc-as-new-borrowable-asset-on-cross-and-isolated-margin/?utm_source=rss&utm_medium=rss&utm_campaign=binance-adds-terra-classic-usd-ustc-as-new-borrowable-asset-on-cross-and-isolated-margin