The signature of the self-microlensing in compact binaries (white dwar
fs, neutron stars and black holes) is a flare with the characteristic
time of typically a few minutes. The probability of detecting these mi
crolensing events can be as high as 1/50 for a photometric accuracy of
Delta m = 0.01 in magnitude. The discovery of the self-microlensing b
y binaries would furnish an additional way to find the masses of the l
ens and the companion, and will be promising for the searches of black
holes.