Binance adds LUNC and USDC to the cryptocurrency conversion service
Beginning September 12, users can trade these assets in pairs with others available on Binance Convert
![Binance adds LUNC and USDC to the cryptocurrency conversion service](https://storage.getblock.net/source/1/56Iw8_qea6KjoBkFzfdlU2xxdCfMz9vm.webp)
12.09.2022 - 08:15
324
1 min
0
What’s new? Binance Convert, a digital asset conversion service from cryptocurrency exchange Binance, has announced support for two assets at once —Terra Classic (LUNC) and the USDC stablecoin. The company announced this on its official blog on September 12.
What else is known? Since the announcement was published, users of the service can trade LUNC and USDC at zero fees in pairs with BTC, BUSD, USDT, and other tokens supported by the Binance Convert service. To do this, one needs to select Binance Convert from the menu on the website or the mobile app.
Binance will begin automatic conversion of USDC, USDP, and TUSD stablecoin deposits to BUSD on September 29. The company said that this move would improve liquidity and capital efficiency for the platform’s customers. The innovations will not affect the withdrawal of funds, users will still be able to choose the stablecoin they need.
Useful material?
Market
Australia’s largest financial institutions have refused to process payments to digital asset trading platforms due to the risk of fraud
Jul 26, 2024
Politics
According to the politician, the value of the country’s bitcoin reserves should equal the value of gold reserves
Jul 26, 2024
Mining
The capacity of the Bitaxe device used by the network participant is only 500 Gh/s
Jul 25, 2024
Trends
Meanwhile, Trump-inspired assets have not shown significant growth
Jul 22, 2024
Market
The fee will be as much as 2,5% compared to 0,25-0,19% for competitors
Jul 18, 2024
Market
This is the third consecutive month of decline
Jul 18, 2024