• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Starting time for price change
    Coin Price 24h %
    Back To

    Gate.io Announcement Regarding the Terra Classic’s 1.2% Tax Proposal

    Creation Time:2022-09-06 03:12:00 UTCRead:56227

    According to the Terra Classic’s Proposal for the 1.2% Tax Parameter Change, on-chain transactions on the Terra Classic(including LUNC and USTC)may be charged a 1.2% tax starting on about September 12 or 19 by the Terra Rebels on official or unofficial wallets, depending on if the proposal is supported by the TFL before September 5 .
    Gate.io supports the community's development proposal as always. We will implement the proposed on-chain burn on LUNC and USTC if the proposal is approved. As an exchange, the trading of LUNC and USTC are not on-chain activities and will not be charged the tax. If you want to avoid the potential on-chain tax on deposits, it is highly recommended that you should deposit LUNC and USTC on Gate.io before September 12.

    Deposit USTC:
    https://www.gate.io/myaccount/deposit/USTC
    Deposit LUNC:
    https://www.gate.io/myaccount/deposit/LUNC


    Learn more about the proposal:
    https://classic-agora.terra.money/t/proposal-for-the-1-2-tax-parameter-change/46319

    Gateway to Crypto
    Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io

    Sign up to enter the crypto gateway and get 40% commission from referrals
    Download iOS/Android App right now.

    Reach out to us!
    Twitter: https://twitter.com/gate_io
    Telegram: https://t.me/gate_io
    Instagram:https://www.instagram.com/gateioglobal
    Medium:https://medium.com/@gateio
    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    September 6,2022

    Share with:
    gate.io APP

    gate.io APP 2.0

    gate.io APP 2.0
    Download
    language and region
    exchange rate
    Survey with rewards
    Participate in a survey, Win a reward of 20USDT
    Start survey
    Survey with rewards
    Participate in a survey, Win a reward of 20USDT