Binance Pool announced the launch of Bellscoin (BEL) merged mining, allowing users to receive LTC, Dogecoin (DOGE) and Bellscoin (BEL) rewards while mining Litecoin (LTC).

Binance Pool launches Bellscoin (BEL) merged mining, offering users LTC, DOGE, and BEL rewards. Binance users can participate in this new mining option in a few simple steps.

Here’s how to participate:
First, users need to log in to a verified Binance account and register a Binance Pool account. Next, follow the instructions in the FAQ on "How to mine Litecoin (LTC) on Binance" to start mining LTC on Binance Pool. Then, add an external wallet address to your Binance Pool account to receive rewards, which is detailed in the FAQ on "How do I add an external wallet address to my Binance Pool account"

Regarding Bellscoin (BEL) mining rewards, although Bellscoin (BEL) is not currently traded on Binance.com, users can still mine it through Binance Pool. The platform uses the PPLNS payment model with a minimum payout of 1 BEL. It should be noted that Bellscoin (BEL) income is separate from LTC and DOGE rewards, and users must configure a Bellscoin address to receive payments. If the address is not set, the bonus will not be counted.

Binance stressed that the launch of Bellscoin mining does not guarantee that the token will be listed on Binance.com in the future. However, the platform’s expansion into new merged mining opportunities reflects its efforts to provide miners with diverse and profitable options.

The article is for reference only and does not constitute investment advice.