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24 de sept. de 2025 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 30 de sept. de 2025 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 24 de sept. de 2025 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 24 de sept. de 2025 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 27 de sept. de 2025 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. 26 de sept. de 2025 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 23 de sept. de 2025 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 Confirms Opt-In Button for 1.2% LUNC Tax: What You Need to Know

Stay updated on the latest developments regarding Terra Classic (LUNC) and Binance\'s approach to the 1.2% tax. Binance has confirmed the implementation of an opt-in button, allowing users to choose whether or not to contribute to the LUNC burn initiative.

Binance LUNC Tax Opt-In: The Details

As of 26 de sept. de 2025, Binance CEO Changpeng Zhao (CZ) announced plans for an opt-in button for users to decide whether to apply the 1.2% LUNC tax for each transaction on the exchange. This comes after the exchange heard the desire of the community. According to a Binance blog post titled "LUNC Burn and Binance," the team will implement this feature to allow users to voluntarily contribute to the tax burn.

23 de sept. de 2025 marked a pivotal moment as Binance, the leading crypto exchange by trade volume, decided to provide its users with the option to opt into the recently passed Terra Classic tax. This move addressed community concerns and aimed to balance user choice with the potential benefits of the tax burn.

How the Binance LUNC Opt-In Works

The process involves a few key steps: Step 1: Implementing an “opt-in button” that lets people approve a 1.2% tax on their Terra Classic (LUNC) trading. Step 2: Charging a 1.2% tax for all opt-in traders. The initial plan suggested that Binance would 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 threshold was intended to ensure sufficient participation for the initiative to be effective. However, that original plan was scrapped.

Binance\'s LUNC Burn Update: Trading Fee Burning

According to information released on 27 de sept. de 2025, Binance is now burning all trading fees collected on the LUNC/BUSD and LUNC/USDT spot and margin trading pairs. This strategy addresses the community\'s call for a more immediate and impactful burn mechanism.

The initial timeframe suggested a potential launch around 24 de sept. de 2025 for the opt-in feature and 30 de sept. de 2025 for the implementation of the tax for those who opted in. However, due to the shift to burning all trading fees, monitor official Binance announcements for the most up-to-date information on the LUNC burn initiative.

Stay tuned for further updates as Binance continues to refine its approach to supporting the Terra Classic community and the LUNC token.

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