Cryptocurrency exchange Binance announced that an EtherPoW (ETHW) mining pool will start operating on Binance Pool from 29 September. The exchange had previously not ruled out the possibility of an ETHW listing.
In a statement, Binance clarified that support for ETHW mining does not mean an automatic listing on the exchange. The exchange intends to audit each token before making such a decision. However, to encourage ETHW users, the fees for miners will be zero until 29 October.
#Binance launches the Ethereum Proof-of-Work $ETHW Mining Pool!
Mine $ETHW with #Binance Pool and enjoy zero fees on all your earnings
Read more https://t.co/gwe0eKb1Pt pic.twitter.com/J6jFOpljzG –
Binance (@binance) September 29, 2022
ETHW holders will only be able to withdraw the asset and exchange it to Binance USD (BUSD) or Tether (USDT) on Binance Convert. Deposits to ETHW will not be possible until a special order from the exchange.
Earlier, the EtherPoW fork team warned the cryptocurrency community about the massive proliferation of fake accounts and websites pretending to be an official project on social media.
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