Terra Classic USD (USTC) is Now Available on Binance Cross-Border and Isolated Margins as a New Borrowable Asset

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Terra LUNC Community Approves New Measure to Reduce Tax Burn
Terra LUNC Community Approves New Measure to Reduce Tax Burn

With each passing day, Binance’s support for Terra classic tokens grows.

The largest exchange in the world has no intention of abandoning Terra’s traditional community. The exchange is doing everything it can to increase the utility of Terra Classic (LUNC) and Terra Classic USD (USTC).

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The exchange has confirmed the addition of USTC as a new borrowable asset on Cross Margin and Isolated Margin in its most recent release.

Isolated Margin Pair and Cross Margin for USTC are both against BUSD.

Binance was the first exchange to add LUNC burns to all trading fees, according to fxcryptonews. According to Terra Rebels’ most recent estimations, the Binance Tax Burn Approach may cause burns of more than 1.2% of the proposed rate.

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