Bitfinex Boosts Terra Classic with 0.5% Tax Burn Increase

Bitfinex Boosts Terra Classic with 0.5% Tax Burn Increase

Bitfinex supports Terra Classic Network’s tax burn hike to 0.5% on transactions, causing deposits and withdrawals of LUNA Classic and TerraUSD to be suspended temporarily.

The post Bitfinex Backs Terra (LUNA) Classic Tax Burn Hike to 0.5 percent appeared 1st on Coinpedia Fintech News

Bitfinex to back Tax Burn on Terra (LUNA) Classis Network transactions. Terra (LUNA) Classic’s tax burn was raised to 0.5 percent with Bitfinex’s backing. Deposits & Withdrawals for LUNC Classic & TerraUSD stopped on Bitfinex On May 23, 2023, at 19:00 (UTC). Terra (LUNA) & TerraUST access will resume after tax burn updates and stable network. Bitfinex to update on Deposit & Withdrawal reopening via Social Media. where customers can check the procedures status via API anytime, 0.5 percent tax deducted by Terra (LUNA) Classic Network.


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