OKX to Distribute EthereumPoW’s ETHW Airdrop and Enable Spot Trading

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On September 15, 2022, OKX took a significant step in supporting the Proof-of-Work (PoW) community by distributing the EthereumPoW token (ETHW) to Ethereum (ETH) holders on its platform. This move not only marks OKX’s commitment to user value but also strengthens its position as a leading crypto exchange that actively responds to blockchain developments.

Users who held ETH on OKX at the time of the airdrop are now eligible to receive ETHW tokens proportional to their holdings. These tokens can be viewed under Assets > My Assets > Funding Account in your OKX dashboard. While distribution is automatic, please note that it may take several hours for ETHW balances to appear due to network and system processing times.

Additionally, if you held ETH in sub-accounts, the corresponding ETHW allocation will be aggregated and credited to your primary (parent) account. This ensures a seamless and unified experience across all account types.

👉 Discover how OKX supports emerging blockchain assets and enhances user rewards.

What Is EthereumPoW (ETHW)?

EthereumPoW (ETHW) is a Layer 1 blockchain born from a hard fork of the original Ethereum network on September 15, 2022. Unlike the main Ethereum chain, which transitioned to a Proof-of-Stake (PoS) consensus mechanism during "The Merge," ETHW preserves the pre-Merge Proof-of-Work model—maintaining decentralization, miner participation, and energy-based validation.

This divergence was driven by a segment of the Ethereum community that believed PoW offered greater fairness, censorship resistance, and long-term security. As a result, ETHW emerged as a standalone blockchain with its own ecosystem, mining infrastructure, and development roadmap.

Key Details of ETHW

ETHW aims to serve as a continuation of Ethereum’s original vision—prioritizing open access, miner inclusivity, and decentralized governance. It supports smart contracts, decentralized applications (dApps), and DeFi protocols, making it compatible with many tools and wallets used in the broader Ethereum ecosystem.

Spot Trading and Deposit/Withdrawal Schedule

To enhance liquidity and accessibility, OKX has officially listed ETHW on its spot trading markets. This enables users to trade ETHW/USDT pairs and participate in price discovery from day one.

Trading Timeline

This phased rollout ensures system stability and allows users time to deposit funds before trading commences. Once withdrawals are live, users can freely transfer ETHW to external wallets or other platforms.

The introduction of spot trading provides immediate utility for airdropped tokens, empowering users to manage their holdings strategically—whether they choose to hold, trade, or reinvest.

👉 Start trading ETHW today and explore new opportunities in the PoW ecosystem.

Why OKX’s Support for ETHW Matters

OKX's decision to support both the airdrop distribution and spot trading of ETHW reflects its proactive approach to blockchain innovation. By recognizing the legitimacy of community-driven forks and enabling fast access to new assets, OKX strengthens trust among traders, developers, and long-term investors.

Moreover, this move aligns with broader market trends where user choice and decentralization remain core values. Platforms like OKX play a crucial role in determining which assets gain visibility and adoption—making listing decisions impactful beyond mere price movements.

For miners previously reliant on Ethereum’s PoW model, ETHW offers renewed purpose. With OKX supporting deposits and withdrawals, mining pools can now direct earnings to exchange accounts seamlessly, improving cash flow and operational efficiency.

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Frequently Asked Questions (FAQ)

Q: How do I claim my ETHW airdrop on OKX?
A: There is no action required to claim. If you held ETH on OKX at the time of the fork (September 15, 2022), your ETHW tokens were automatically distributed to your funding account.

Q: Why haven’t I seen my ETHW balance yet?
A: Distribution may take several hours due to internal processing. Check back periodically under Assets > My Assets > Funding Account. Ensure you're checking the parent account if using sub-accounts.

Q: Can I withdraw ETHW to an external wallet?
A: Yes. Withdrawals opened on September 16 at 10:00 AM UTC. You can send ETHW to any compatible wallet that supports PoW-based ERC-20-like tokens.

Q: Is ETHW the same as Ethereum after The Merge?
A: No. ETHW is a separate blockchain that continues using Proof-of-Work. Post-Merge Ethereum uses Proof-of-Stake and no longer supports mining.

Q: Will OKX list other forked tokens in the future?
A: OKX evaluates each asset based on community interest, technical viability, and regulatory compliance. Stay updated via official announcements.

Q: Is trading ETHW risky?
A: Like all digital assets, ETHW carries market risk. Prices can be volatile. Always assess your risk tolerance and consider consulting a financial advisor before trading.

👉 Learn more about blockchain forks and how exchanges support new token distributions.

Final Thoughts

The launch of ETHW trading and airdrop distribution underscores OKX’s responsiveness to dynamic shifts in the crypto landscape. Whether you're a long-time supporter of Proof-of-Work or simply exploring new investment avenues, OKX provides the tools, security, and liquidity needed to navigate emerging ecosystems confidently.

As Layer 1 blockchains continue to evolve through forks, upgrades, and community initiatives, platforms that enable quick access and transparent communication will lead the next wave of adoption.

Stay informed, stay secure, and make the most of your digital asset journey with reliable infrastructure and timely support—all designed to empower your next move in the decentralized world.