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HomeCrypto NewsExchangesBinance Adds LUNC/USDT Trading Pair As Terra Classic Price Explode

Binance Adds LUNC/USDT Trading Pair As Terra Classic Price Explode

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As the trading volume of LUNC passes $1B, Binance launched new trading pair for Terra classic (LUNC) against Tether (USDT).


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Binance launched Wallet Maintenance for Terra Classic Network today; after the maintenance, the exchange added a new trading pair for LUNC against tether (USDT).

According to Binance:

“Binance will open trading for LUNC/USDT trading pair at 2022-09-09 08:00 (UTC).”

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The current trading volume of LUNC on Binance is above 1.5 billion Dollars; such high volume demands that the exchange should add new trading pairs for LUNC, especially against USDT, which is the top stablecoin.

Adding LUNC/USDT trading pair will allow top investors and institutions to easily trade and invest in LUNC.

Binance Futures

According to the official announcement, Binance futures launched LUNC perpetual contracts with up to 25x leverage.

 

As reported by The CryptO Basic, LUNC now stands at 26th place after its market cap surged by 31.78% in the last 24 hours to about $2.9 billion. The market cap has nearly doubled from $1.59 billion on September 2, an 82.39% rise in the previous seven days. Notably, with the move, the asset leapfrogged big-name assets like Bitcoin Cash, Monero, ApeCoin, Tezos, etc., in the market cap rankings. The better positioning results from CoinMarketCap officially updating LUNC ranking and supply.

LUNC is currently trading at 0.00053, increasing 53% in 24 hours.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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