Crypto exchange Binance has announced that it will shut down Binance Pool and related services on November 10, 2026, at 15:00 (UTC+8). The affected scope covers Binance Pool Savings, Cloud Mining, Transaction Accelerator, mining pool APIs, Telegram hashrate alerts, and email notifications. The official notice did not provide reasons for the termination.
For active miners and cloud mining users, immediate actions involve reconfiguring hardware and securing funds. Miners will need to redirect their machines to other pools in advance and withdraw their mining yields and balances to avoid settlement disruptions when services end. Investors who purchased cloud mining products will have to watch for follow-up official guidance on how existing contracts will be settled.
Major platform adjustments frequently attract scam rings targeting community members. Phishing campaigns featuring fake customer service reps, bogus asset migration links, or fake compensation schemes often emerge around such closures. Users should handle all account actions strictly through verified platform interfaces and avoid interacting with unsolicited private messages or unknown links.
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