Terra Classic (LUNC) gains momentum as Binance introduces a new LUNC/USDT trading pair, coinciding with a $1B+ daily trading volume surge.
Binance Adds LUNC/USDT Trading Pair
Binance completed wallet maintenance for the Terra Classic network today, subsequently listing a new LUNC/USDT trading pair. The exchange announced:
"Binance will open trading for LUNC/USDT at 2022-09-09 08:00 (UTC)."
This move caters to the skyrocketing demand, with LUNC’s trading volume exceeding $1.5 billion on Binance alone. The pairing with USDT—the leading stablecoin—enables smoother transactions for institutional and retail traders alike.
👉 Why does LUNC’s USDT pairing matter for investors?
Key Developments Driving LUNC’s Growth
1. Binance Futures Leverage Expansion
Binance Futures now offers LUNC perpetual contracts with up to 25x leverage, amplifying trading opportunities. This follows LUNC’s 53% price surge to **$0.00053** and its climb to **26th place** by market cap ($2.9B).
2. Market Cap Milestones
- 24-hour growth: +31.78%
- 7-day growth: +82.39% (from $1.59B on September 2)
- Notable leapfrogs: Bitcoin Cash, Monero, and ApeCoin in rankings.
Strategic Implications of the LUNC/USDT Pairing
- Liquidity Boost: Facilitates large-scale trades.
- Institutional Access: Simplifies entry for major investors.
- Price Stability: USDT pairing may reduce volatility.
👉 How to trade LUNC/USDT on Binance
Frequently Asked Questions (FAQs)
Q1: Why did Binance add LUNC/USDT now?
A1: The pairing aligns with LUNC’s $1B+ daily volume and growing investor interest.
Q2: What’s the current LUNC price trend?
A2: LUNC rose 53% in 24 hours to $0.00053, with a $2.9B market cap.
Q3: Can I trade LUNC with leverage?
A3: Yes—Binance Futures offers 25x leverage on LUNC perpetual contracts.
Q4: How does USDT pairing benefit traders?
A4: USDT’s stability simplifies valuation and reduces friction vs. volatile crypto pairs.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conduct independent research before investing. The Crypto Basic is not liable for financial losses.
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