ETHW (EthereumPoW) is a digital currency and global payment technology originating from the PoW-based Ethereum fork. It supports a thriving digital economy and offers creators innovative earning opportunities. However, ETHW trading involves significant volatility, and its value may fluctuate drastically—or even drop to zero. Investors should thoroughly research the risks before trading. Below is a step-by-step guide to buying ETHW on OKX Exchange.
How to Buy ETHW Coin?
Step 1: Sign Up for an OKX Account
- Visit the OKX official website. New users can register here.
- Log in to your account and navigate to the "Discover" section.
Step 2: Search for ETHW
- Type "EthereumPoW" or its ticker symbol "ETHW" in the search bar.
Step 3: Access the Trading Page
- Click "Trade" to proceed to the ETHW purchase/sale interface.
Step 4: Execute Your Trade
- Buying: Enter the desired amount and click "Buy."
- Selling: Input the quantity and click "Sell."
A Deep Dive into the ETHW Project
Background and Development
Chandler Guo introduced the PoW hard fork concept on Twitter (July 27, 2022), gaining substantial support—particularly among miners reluctant to abandon PoW-based revenue. Notable backers include Tron founder Justin Sun, who acquired millions of dollars worth of ETH pre-Merge to advocate for the PoW fork. Major exchanges like Poloniex, Bitfinex, and Coinbase have also listed ETHW.
Ethereum’s Transition to PoS
Ethereum’s shift from PoW to Proof-of-Stake (PoS) aims to reduce energy consumption and rely on validators instead of miners. While most stakeholders welcome this eco-friendly upgrade, dissenters propose maintaining a PoW chain via forks like ETHW.
ETHW Mainnet Launch
The ETHW mainnet launched 24 hours post-Merge, starting at block height Merge + 2049 to ensure ChainID compatibility and establish the longest valid chain.
FAQs About ETHW
1. What is ETHW?
ETHW is a PoW-based fork of Ethereum, created to preserve mining-based consensus after Ethereum’s transition to PoS.
2. Is ETHW a good investment?
Due to high volatility and potential value depreciation, ETHW carries significant risk. Research thoroughly before investing.
3. Which exchanges support ETHW?
OKX, Poloniex, Bitfinex, and Coinbase are among the platforms listing ETHW.
4. How does ETHW differ from Ethereum?
ETHW retains the original PoW mechanism, while Ethereum has transitioned to PoS.
5. Can I stake ETHW?
No. ETHW operates on PoW and does not support staking.
👉 Explore ETHW trading on OKX today
Conclusion
This guide simplifies the process of buying ETHW while highlighting its risks and technical background. For further details, refer to trusted crypto resources.
Disclaimer: This content does not constitute financial advice. Cryptocurrency investments are high-risk—invest wisely.