Binance Reluctant to Implement The 1.2% Tax Burn on LUNC Spot Trade, as CZ Suggests An Alternative. Binance remains reluctant to implement the LUNC 1.2% tax burn on trades, with CEO Changpeng “CZ” Zhao bringing up an alternative for the exchange to introduce a feature that will give users the opportunity to choose to […]The post Binance CEO Gives A New Proposal To Apply 1.2% Burn On All Terra Classic (LUNC) Spot Trades first appeared on The Crypto Basic.