Partnership Announcement

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Bybit will be introducing fees changes with respect to the withdrawal and deposits of LUNC and USTC via the Terra Classic (LUNC) network, starting from 

 for on-chain transactions on the Terra Classic network, which will be applied to all crypto denominations currently available on the network, including LUNC and USTC. 

LUNC and USDTC deposited to Bybit will be subject to the 0.2% tax deduction by the Terra Classic network. Deductions will occur before the transaction reaches Bybit and users will receive the respective balances in their accounts.

Users will receive the withdrawal amount minus withdrawal fees charged by Bybit and the 0.2% tax deduction by the Terra Classic network.

Other activities, including Earn services and the trading of LUNC and USTC on Spot and Derivatives, will not be affected by this tax burn. 

If you have any questions regarding the tax burn, please contact our customer support at support@bybit.com.

We thank you for your continued support. 

Bybit will be introducing fees changes with respect to the withdrawal and deposits of LUNC and USTC via the Terra Classic (LUNC) network, starting from Oct 27, 2022, 10AM UTC. 

Notice on Fee Changes for Withdrawal and Deposits of LUNC and USTC

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