Traders who move the most volume on the exchange, such as market makers, are unlikely to voluntarily choose the 1.2% fees, crypto trader Ogle pointed out in a Twitter post. Binanceโs burn scheme โis almost totally useless to LUNC folks, but they donโt realize it,โ he told CoinDesk.
Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme
