The post Bitfinex Backs Terra Classic Tax Burn Hike to 0.5% appeared first on Coinpedia Fintech News

Bitfinex to back Tax Burn on Terra Classis Network transactions. LUNA Classic’s tax burn was raised to 0.5% with Bitfinex’s backing. Deposits & Withdrawals for LUNC Classic & TerraUSD suspended on Bitfinex On May 23, 2023, at 19:00 (UTC). 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% tax deducted by Terra Classic Network.

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