Binance will remove BTC and ETH perpetual DeFi mining products on December 5th.

According to BlockBeats news on December 1st, Binance will cease to offer BTC and ETH DeFi mining products on December 5th, 2023 at 14:00 (GMT+8), and will no longer provide subscription services. Users who hold BTC and ETH balances in Binance DeFi staking mining will have their balances automatically redeemed and deposited into their spot wallets after December 5th, 2023 at 14:00 (GMT+8). Users can also choose to redeem their BTC and ETH assets from the DeFi mining products themselves before December 5th, 2023 at 14:00 (GMT+8).