B

Binance Pool

Exchange-integrated mining pool

About Binance Pool

Binance Pool is the mining division of Binance exchange. It integrates mining directly with exchange services, allowing miners to receive payouts in BTC or other cryptocurrencies and trade immediately.

Pool Statistics

Network Hashrate Share
3-8%
Fee
2.5%
Reward Method
FPPS
Headquarters
Global
Min Withdrawal
Account-based

Fees and Payout Methods

Binance Pool uses FPPS reward method with a 2.5% fee. Unique integration with Binance exchange enables flexible payout and trading options.

FPPS + Exchange Benefits

Guaranteed payment for shares with transaction fees included. Payouts go directly to your Binance account.

Direct Trading

Instant access to Binance exchange. Trade or withdraw mining rewards immediately without extra transfers.

Connecting to Binance Pool

Binance Pool requires a Binance account. Pool connection is straightforward for Binance users.

1

Link Binance Account

Log into Binance and enable Binance Pool from the sidebar. Link your mining account.

2

Create Mining Accounts

Set up individual miner accounts within Binance Pool for each ASIC.

3

Configure Miners

Use Binance Pool's stratum URL and account/worker credentials in ASIC dashboard.

Account-based Payout Model

Binance Pool uses an account-based model. Rewards accumulate in your Binance account and can be withdrawn or traded instantly. No fixed minimum withdrawal.

Solving Common Problems

Pool connection failed

Verify Binance Pool is enabled on your account. Check that API restrictions don't block mining connections.

Rewards not appearing

Check Binance Pool dashboard for confirmed payouts. Ensure your Binance account email is verified.

Account lock or verification needed

Binance may require verification for new accounts. Complete KYC requirements in Binance settings.

Frequently Asked Questions

Bitcoin Mining Academy FAQ

Yes, Binance Pool requires an active Binance account. Create one at binance.com before mining.
Binance Pool typically controls 3-8% of Bitcoin network hashrate.
Yes, Binance Pool allows auto-conversion to other cryptos. Trade immediately on Binance exchange.
Yes, Binance applies trading fees. However, direct exchange access can be more efficient than external transfers.
Binance Pool uses the same security infrastructure as Binance exchange. Two-factor authentication recommended.