Binance Pool shuts on November 10, with record access ending two weeks later

by shayaan

Eligible shares submitted before the deadline will still enter the final reward calculation under Binance Pool rules.

A mining share is proof of work submitted while contributing computing power to a pool, according to Binance’s Mining Pool Product Terms.

Users with active Pool Savings positions should also review them and unsubscribe or redeem before the service ends. The product terms make redemptions subject to daily limits and available liquidity, with requests processed in the order received. They provide for transfers within one business day, or up to 90 days in exceptional circumstances.

Final payments and records have separate deadlines

Eligible outstanding rewards, balances, refunds or settlements, where applicable, will be processed after the mining cutoff. Product rules, account status, risk controls, compliance checks and applicable law still govern eligibility.

Binance asks users to ensure their accounts can receive any eligible remainder, including completing required identity checks where applicable, by 23:59 UTC on Nov. 10. That is a deadline for necessary account steps; it does not extend mining operations or promise a payout that evening.

Under the existing product terms, users must meet platform requirements and keep account details current to remain eligible for rewards. Selected assets may also require a valid designated third-party wallet address.

Binance Pool pages will remain accessible until 07:00 UTC on Nov. 24 for historical data, account records and payout status, where available. Binance asks users to save relevant records before those pages become permanently inaccessible.

cryptonews.net

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