Binance Pool Launches Presale of Cloud Mining Products (2023-04-27) | Binance Support

Fellow Binancians,

Binance is launching a presale of Cloud Mining products for BTC mining. Users can now purchase the products via the Binance App homepage. Simply click [More] on the homepage, and then click [Cloud Mining] under the [Earn] section to access.

Subscription Period: 2023-04-27 10:00 (UTC) to 2023-05-18 10:00 (UTC)

During the Subscription Period, users who purchase Cloud Mining products will stand to enjoy a 20% discount on cloud mining management fees. From the end of the presale until the mining start time, users will receive APR rewards with the funds used to purchase these products through Simple Earn Flexible Products.

Presale Details:

• Subscription Format: First-come, first-served basis

• Hashrate Fee: 0.0200 USD/T/Day

• Electricity Rate: 0.0531 USD/T/Day

• Estimated Mining Start Time: 2023-08-15 04:00 (UTC)

Notes:

• Cloud Mining products in this presale are limited, and will be sold on a first-come, first-served basis. 

• Each participant in the presale will start accumulating APR rewards via Simple Earn Flexible Products from the end of the presale (i.e., 2023-05-18 10:00 UTC) until the mining start time. These APR rewards will be calculated and distributed to users’ Funding Wallets within 30 days after the mining start time.

• If the mining hashrate cannot be delivered by 2023-08-15 04:00 (UTC) due to force majeure and other unforeseen factors, all impacted users will receive a refund on their purchases in their Funding Wallets.

Related Links:

• How to Complete Identity Verification (KYC)

• How to Use Binance Cloud Mining 

• Mining Pools Explained

• Binance Cloud Mining Terms of Use

Terms and Conditions:

• Users must have their accounts verified to complete subscriptions to Cloud Mining products.

• Binance reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-04-27

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.