Cryptocurrency exchange Binance has announced that the EtherPoW (ETHW) mining pool will start operating on Binance Pool starting September 29. Previously, the exchange did not rule out the possibility of listing ETHW.
In its appeal, Binance clarified that support for ETHW mining does not mean automatic listing on the exchange. The site intends to audit each token before making such a decision. However, to incentivize ETHW users, miner fees will be zero until October 29th.
#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 for Binance USD (BUSD) or Tether (USDT) to Binance Convert. Until further notice from the exchange, deposits in ETHW will not be possible.
Earlier, the EtherPoW Ethereum fork team warned the crypto community about the massive spread of fake accounts and websites posing as an official project on social networks.
Source: Bits

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