Binance Launches Presale of Cloud Mining Products for Bitcoin Mining

Binance, one of the world’s largest cryptocurrency exchanges, has recently announced the launch of a presale of Cloud Mining products for Bitcoin (BTC) mining. The presale will run from March 1, 2023, at 10:00 (UTC) to March 15, 2023, at 10:00 (UTC).

During the presale period, users who purchase Cloud Mining products will enjoy a 20% discount on cloud mining management fees and receive APR rewards with the funds used to purchase these products through Simple Earn Flexible Products.

The Cloud Mining products will be available on a first-come, first-served basis, and interested users are required to have their accounts verified to complete subscriptions. The hashrate fee is set at 0.012 USD/T/Days, and the electricity rate is set at 0.0531 USD/T/Days. The estimated mining start time is May 17, 2023, at 04:00 (UTC).

It is important to note that the Cloud Mining products in this presale are limited, and each participant will start accumulating APR rewards via Simple Earn Flexible Products from the end of the presale until the mining start time. The APR rewards will be calculated and distributed to users’ Funding Wallets within 30 days after the mining start time.

In the event that the mining hashrate cannot be delivered by May 17, 2023, due to force majeure and other unforeseen factors, all impacted users will receive a refund on their purchases in their Funding Wallets.

Binance reserves the right to cancel or amend any activity or activity rules at its sole discretion, and in the event of any discrepancies between the translated versions and the original English version, the English version shall prevail.

Binance’s move to launch a presale of Cloud Mining products for BTC mining is expected to attract more investors to the platform, as it offers a more convenient way to mine cryptocurrencies without the need to purchase and maintain expensive mining equipment. The presale is also expected to drive up demand for BTC and boost its market value.

Overall, this presale presents a promising opportunity for interested investors to venture into BTC mining and earn rewards while enjoying a discount on cloud mining management fees.

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