Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry

Bitcoin.com | Oct 16, 2022 at 9:30 PM
  • Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool.
  • Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products.
  • With the project, the global crypto company aims to offer secure debt financing services to both public and private blue-chip bitcoin (BTC) mining and digital asset infrastructure companies around the world.