Exchanges have started implementing the Terra classic 1.2% tax burn update. Leading cryptocurrency exchange Bitrue has announced that it has completed the 1.2% tax burn update for Terra Classic tokens Luna Classic (LUNC) and UST Classic (USTC). The initiative’s implementation prompted the exchange to suspend deposits and withdrawals of LUNC and USTC for hours. […]The post Bitrue Starts LUNC Staking, Implements 1.2% Burn On Terra Classic On-chain Transactions first appeared on The Crypto Basic.