News

Binance Extends Support For Terra Classic

The world-leading crypto exchange is looking for new ways to support Terra Classic as Binance Convert adds LUNC and USTC.

According to a recent announcement, Binance adds Terra Classic (LUNC) and UST Classic (USTC) to Binance Convert.

According to the announcement, users can now easily convert LUNC and USTC to Bitcoin, BUSD, and Tether (USDT) without paying any fees.

Users of exchanges can instantly convert one cryptocurrency to another using Binance Convert. This service, which differs from trading, is only intended for exchanging one coin for another. The addition of LUNC and USTC demonstrates the exchange’s continued interest in Terra Classic support.

The exchange decided to offer the LUNC/USDT trading pair, allowing large investors to trade and invest in Terra Classic, as the trading volume of LUNC is asking $1 billion on the exchange. Additionally, LUNC perpetual contracts with up to 25x leverage were introduced by Binance Futures.

It can be said that the outstanding growth of LUNC recently has made the community pay attention to this token once again, despite the lack of market signals and news.

At the time of writing, LUNC is recording a significant decrease of more than 15% a day.

LUNC daily chart. Source: CoinCu

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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