Binance to Discontinue Binance Pool Services on November 10

Binance announced that it will discontinue Binance Pool and related services on November 10 at 07:00 UTC as part of its ongoing review of products and services. The shutdown will include Pool Savings, Cloud Mining, Transaction Accelerator, and other associated features.Refer to the official tweet by BNB:As part of our ongoing review of products and services, Binance will discontinue Binance Pool and related services on 2026-11-10 at 07:00 UTC.This includes Pool Savings, Cloud Mining, Transaction Accelerator, and related features.Read the full notice: BNB InfoBNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com.As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network.