Binance unveils its Binance Pool platform

Binance just announced the launch of Binance Pool. The giant of the cryptocurrency exchange offers a platform dedicated to mining with the aim of empowering minors.

According to a press release shared with Cryptaut, this Monday, Binance officially launches its platform Binance Pool. The company wants to empower minors providing them with more business opportunities and tools.

Teased in early April, Binance Pool is integrated into the Binance ecosystem and allows access to its suite of derivative products such as Binance Futures, Lending, Staking or its services OTC.

As an integral part of the global crypto market, empowering miners will allow significant growth in the industry. With Binance Pool, we aim to establish a comprehensive platform for miners that will provide more opportunities by linking traditional mining to financial services, "said Changpeng Zhao, CEO and founder of Binance.

Harnessing the company's technology and computing power, Binance Pool supports mechanisms Proof of Work (proof of work) and Proof of Stake (proof of stake). The platform will start by offering a service of bitcoin mining.

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With this new offer, Binance joined other major cryptocurrency exchange platforms, such as Huobi and OKex, which have been offering their own mining pool since last year.

Alejandro de la Torre, the vice-president of Pooling, one of the largest mining pools on the planet, recently explained that the exchanges were launching in the miningbecause it was the best way to get liquidity on their platform.

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