Tuesday, February 7

Tag: Central Exchanges

LUNC Community Asks Central Exchanges To Implement Tax Burn Proposal On Off-Chain Activities Via New Proposal
Cryptocurrency

LUNC Community Asks Central Exchanges To Implement Tax Burn Proposal On Off-Chain Activities Via New Proposal

Another proposal has been launched by the LUNC community to request the central exchanges (CEXes) implement the proposal on off-chain activities such as spot trading. Recently, various exchanges have added support to the tax burn proposal, although most of the support are deposits and withdrawal only. In the recent AMA, Ask Me Anything with KuCoin on Thursday, the exchange stated that it would not implement the proposal for the off-chain transactions. Read Also: Shiba Inu Is Now Available For iOS Users Resident In Australia https://twitter.com/LUNC_Supply/status/1570573438028513293 The statement of the KuCoin exchange was not as expected by the LUNC community as they think that the exchange appeared to suggest they would support off-chain burns. https://twitter.com/LUNC_...