A pipeline transportation method of coal is provided. The coal is pulverized and then subjected to a waterproofing treatment, so that a time needed for precipitating the pulverized coal in water is longer than a time needed for transporting the pulverized coal by flowing water to a destination. The waterproof pulverized coal is transported by water through a pipeline. After reaching the destination, the waterproof pulverized coal can be separated from the water in a static pool, collected by a cyclone separator, and then stored in a warehouse.