#BinanceLaunchpool today real important news for my followers and binance community to read this news carefully .Here are some news about Binance Pool ¹ ² ³ ⁴ ⁵:
- *Binance Pool Launches $500 Million Lending Project*: Binance Pool, a mining subsidiary of Binance, has recently launched a $500 million lending project to support the crypto mining industry.
- *Supporting Bitcoin Miners*: The project will provide loans to private blue-chip Bitcoin (BTC) crypto miners.
- *Loan Terms*: The terms of the loans include an 18-to-24-month term, 5% to 10% interest rates and some physical or digital assets as security.
- *Cloud Mining Products*: Binance Pool will also launch cloud mining products, directly purchasing the cloud mining hashing power from Bitcoin mining and digital infrastructure providers.
- *Company Expansion*: Binance continues its expansion strategy even in the bear market. In September, it registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices in the country.
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