Cryptocurrency exchange Binance has launched a mining pool focused on mining Ethereum (ETHW) PoW tokens. The platform postedinstructionand all the necessary technical data for mining cryptocurrency on your website.
From September 29 10:00 (UTC) to October 29 10:00 (UTC) the platform installedzero fees for mining.
At the time of writing, the platform has allowed withdrawals in ETHW, deposits remain unavailable. Users have the option to sell the asset for BUSD and USDT on Binance Convert.
According to CoinGecko, ETHW has dropped 77% since trading began.
Let us remind you that on September 20, the platform distributed fork tokens among ETH and WETH holders.
A few hours after The Merge, the Ethereum PoW team announced the launch of the mainnet, but ran into problems. The network was unavailable for some time, and the blockchain browser did not work.
ETHW was not listed by the exchange, it saysmessage from Binance. Also, Binance does not support depositing funds in these tokens. Assets obtained through mining will automatically go to the Funding Wallet section of the pool wallet.
Currently, Ethereum PoW cryptocurrency can only be withdrawn from the platform or exchanged for stablecoins BUSD or USDT.
Mining of the ETHW token was also supported by otherslargest pools. Nanopool has announced plans to launch mining of the PoW token of the Ethereum hardfork immediately after the main network switches to the PoS algorithm. Also, the production of this cryptocurrency was supported by F2Pool, Poolin and BTC.com.
Where is it more profitable to buy cryptocurrency? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsAdvcash,PayeerQIWI.
Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?
Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance | https://binance.com | 9.7 |
| 2 | Bybit | https://bybit.com | 8.5 |
| 3 | Huobi | https://huobi.com | 8.4 |
| 4 | Bitget | https://bitget.com | 7.8 |
| 5 | AAX | https://aax.com | 6.9 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Additional features and services— futures, options, staking, NFT marketplace.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- final grade– the average number of points for all indicators determines the place in the ranking.
