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【FAQ】
Q: Okay, I just want the simplest step-by-step to sell LUNC I have on Trust Wallet. What do I actually DO?
A: Fine, here\’s the bare bones, based on me doing it: 1) Pick an exchange that currently accepts LUNC deposits and trades it (e.g., Kraken or Binance – CHECK TODAY\’S STATUS!). 2) Log into that exchange, find your LUNC wallet, click \”Deposit\”. 3) CRITICAL: Select the Terra Classic (LUNC) network. Copy THAT deposit address. 4) Open Trust Wallet, select your LUNC. 5) Hit \”Send\”. Paste the exchange deposit address. 6) DOUBLE-CHECK the network in Trust Wallet is set to Terra Classic (LUNC), NOT Terra (LUNA) or anything else. 7) Enter the amount, see the gas fee (payable in LUNC), confirm. Wait for confirmations (can take a few mins). 8) Once it shows up on the exchange, sell it (use a Limit Order to avoid nasty surprises, set your price). 9) Breathe. Then move the proceeds (USDT, BTC, cash) OFF the exchange. Seriously.
Q: Why does everyone stress the network so much? What happens if I screw it up?
A: Because screwing it up means permanent loss. Zero recovery. The Terra Classic chain (LUNC) and the new Terra chain (LUNA) are completely separate. Sending LUNC to a LUNA address, or to an Ethereum address? It\’s like mailing a letter with the wrong country – it vanishes into the void. The exchanges can\’t retrieve it. The networks don\’t talk. It\’s gone. Poof. I triple-check because the terror of losing it all to a mis-click outweighs the annoyance of checking. Every. Single. Time.
Q: I see LUNC listed on Coinbase? Can I sell it there?
A: Nope. As of right now (and for the foreseeable past), Coinbase lists Luna Classic (LUNC) for price tracking only. You cannot buy, sell, or trade it directly on Coinbase. Seeing the price there doesn\’t mean they support trading it. Don\’t try to send it to a Coinbase address – you\’ll likely lose it. Found this out when a friend panicked and tried. Had to break the bad news. Stick to the platforms that explicitly support trading it.
Q: The fees seem crazy when I try to send LUNC from my wallet. Why? Can I avoid them?
A: Gas fees on the Terra Classic network fluctuate based on congestion. It\’s usually pretty low these days (fractions of a cent in LUNC terms), but yeah, sometimes it spikes. It\’s unavoidable – it\’s the cost of using the blockchain to move your coins. You pay it in LUNC. Think of it like postage. You can\’t send it without paying the gas. The exchange deposit fee (if any) and their trading fee are separate annoyances. The wallet gas fee is just the cost of entry to get it somewhere you can sell.
Q: Sold my LUNC. Now what about taxes? This feels messy.
A: Oh, it\’s a nightmare. Seriously. Selling LUNC is a taxable event (capital gain/loss) in most places. Calculating your cost basis? Good luck. Pre-collapse Luna vs. post-airdrop LUNC vs. the new LUNA… it\’s a forensic accounting nightmare. My cost basis is basically $0 for the LUNC I held through the crash, as the original asset (Luna) became worthless. Selling LUNC then becomes pure gain (or minimal gain if you bought dirt-cheap post-crash). But it\’s complex. Talk to a crypto-savvy accountant. Mine sighed deeply when I brought it up. Record dates, amounts, purchase prices (if any post-crash), sale prices. It\’s not fun, but ignoring it is worse.