en
Back to the list

Curacao-Licensed Top Casino Now Accepts Terra Classic As A Payment Method And Supports LUNC Burn

Altcoins

thecryptobasic.com 30 September 2022 09:33, UTC
  
Reading time: ~2 m

The development will increase the ongoing LUNC burn efforts.

Terra Luna Classic (LUNC) has continued to gain widespread adoption despite its early controversies that resulted in the cryptocurrency crash.

With many cryptocurrency exchanges relisting LUNC and supporting community efforts to revive the token’s price, one of the world’s biggest online cryptocurrency casinos BC.Game silently rolled out support for the Luna Classic token. 

BC.Game Adds Support for LUNC

In an interesting development, LUNC was added as a payment method on BC.Game to enable bettors to bet on their favorite casino games using cryptocurrency.

The initiative is a huge plus for the Terra classic community, given that not many projects want to be associated with the cryptocurrency following its previous controversies.

However, BC.Game is not deterred by the Terra incident, as it adds LUNC to its list of supported cryptos. BC.Game users are given a unique LUNC wallet when they sign up on the platform, which they can use to fund their accounts.

LUNC Burns to Spike

It is noteworthy that BC.Game will also contribute immensely to the 1.2% tax burn implemented on the Terra classic network for all on-chain LUNC transactions.

Based on this, the 1.2% tax burn will come into play when bettors make LUNC deposit and withdraw on the betting platform. The burns will reduce the total supply of LUNC to boost its value.

Terra classic investors have continued to boost the price of LUNC via community efforts like staking and burns. LUNC is currently trading at $0.00028 based on the numerous contributions by the Terra community.

BC.Game is one of the largest online betting platforms allowing users to stake on various casino games using their favorite cryptocurrency.

The casino was launched in 2017 and is licensed under Curacao gaming laws. Some of BC.Game’s features include maximum security, multiple casino games offering, mouthwatering bonuses, professional customer service, and anonymous betting.


   Source
Back to the list