The world of blockchain and digital assets continues to evolve, and one of the most notable developments in recent years has been the split in Ethereum’s consensus mechanism. On September 15, 2022, a pivotal moment occurred with the EthereumPoW (ETHW) hard fork — a move that preserved Ethereum’s original Proof-of-Work (PoW) protocol. In response, OKX swiftly moved to support this new ecosystem by distributing the EthereumPoW token (ETHW) to eligible Ethereum (ETH) holders and launching spot trading for the asset.
This strategic move not only reinforces OKX’s commitment to decentralization and user empowerment but also ensures that users have immediate access to emerging blockchain opportunities. If you’re an ETH holder on OKX, here's everything you need to know about the ETHW airdrop, listing details, and how to manage your new assets.
Understanding the ETHW Airdrop
On September 15, OKX conducted an airdrop of the EthereumPoW (ETHW) token to all users who held ETH on the platform at the time of the fork. This distribution was automatic — no action was required from users to claim their tokens.
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To check your ETHW balance, simply navigate to Assets > My Assets > Funding Account within your OKX account dashboard. While the airdrop is automatic, please note that it may take several hours for the ETHW tokens to appear in your account due to processing times and network synchronization.
An important detail for users with sub-accounts: ETH holdings across sub-accounts were aggregated when calculating eligibility. The resulting ETHW allocation will be credited entirely to the parent account, ensuring seamless consolidation of assets.
What Is EthereumPoW (ETHW)?
EthereumPoW (ETHW) is a Layer 1 blockchain that emerged from a hard fork of the 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 maintains the original Proof-of-Work model.
This means miners continue to play a crucial role in securing the network, validating transactions, and creating new blocks — preserving the decentralized, permissionless ethos that defined early blockchain innovation.
Key Features of ETHW
- Name: EthereumPoW
- Ticker: ETHW
- Consensus Mechanism: Proof-of-Work (PoW)
- Total Supply: Unlimited (mining continues indefinitely)
- Blockchain Type: Layer 1
- Origin: Hard fork of Ethereum post-Merge
ETHW appeals to users and developers who believe in miner-based decentralization and are skeptical of the centralization risks associated with staking pools in PoS systems. By supporting ETHW, OKX provides a platform for this community to trade, store, and grow their digital assets.
Spot Trading and Deposit/Withdrawal Schedule
In addition to the airdrop, OKX has listed ETHW on its spot trading markets, giving users full liquidity and trading capabilities.
Here is the official trading schedule:
- September 15, 04:00 PM UTC – ETHW deposits open
- September 15, 04:30 PM UTC – ETHW/USDT spot trading goes live
- September 16, 10:00 AM UTC – ETHW withdrawals open
This rapid rollout allows users to immediately engage with the token — whether they wish to trade, transfer, or hold ETHW as part of a diversified crypto portfolio.
Liquidity pairs such as ETHW/USDT ensure tight spreads and efficient price discovery, making it easier for both retail and institutional traders to participate in the market.
Frequently Asked Questions (FAQ)
Q: Do I need to take any action to receive my ETHW tokens?
No. The airdrop is fully automatic. If you held ETH on OKX at the time of the fork, your ETHW tokens will be distributed based on your balance. Just wait for them to appear in your Funding Account.
Q: Why hasn’t my ETHW balance shown up yet?
It may take several hours for tokens to reflect in your account due to internal processing and blockchain confirmation times. Please allow some time before reaching out to support.
Q: Can I withdraw ETHW immediately?
Withdrawals opened on September 16 at 10:00 AM UTC. If you're unable to withdraw, ensure that sufficient time has passed since the activation window and that your account is verified.
Q: Is there a fee for transferring ETHW?
Yes, standard network fees apply when withdrawing ETHW. These fees go to miners securing the PoW network and vary depending on congestion.
Q: How does holding ETH in a sub-account affect my airdrop?
All ETH balances across sub-accounts are combined for airdrop calculations. The total ETHW received will be credited to your main parent account.
Q: Will OKX list other tokens from future forks?
OKX evaluates each hard fork based on community demand, technical viability, and security. Stay updated via official announcements for future listings.
Why OKX’s Support Matters
By enabling both airdrop distribution and spot trading, OKX plays a vital role in stabilizing new blockchain ecosystems. Early liquidity prevents price volatility caused by panic selling and gives projects like EthereumPoW a fighting chance to establish long-term value.
Moreover, OKX’s infrastructure supports fast deposits, secure storage, and low-latency trading — essential features for users navigating high-impact events like chain splits.
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Core Keywords Integration
Throughout this update, key concepts such as EthereumPoW, ETHW airdrop, Proof-of-Work, hard fork, spot trading, blockchain, Layer 1, and crypto exchange have been naturally integrated. These terms align with user search intent and reflect common queries around Ethereum’s evolution and digital asset management.
Whether you're researching what happened after The Merge or exploring investment options in alternative Ethereum chains, understanding ETHW’s foundation helps inform smarter decisions in a rapidly changing landscape.
Final Thoughts
The launch of ETHW trading and airdrop distribution marks another milestone in OKX’s mission to support innovation across the blockchain spectrum. From preserving legacy protocols to empowering users with choice, this move highlights the importance of adaptability in crypto.
As always, remember that digital asset trading carries risk. Prices can be highly volatile, especially around fork events. Always assess your risk tolerance, conduct thorough research, and consider consulting a financial advisor before making investment decisions.
For ongoing updates about new listings, airdrops, or platform enhancements, rely on official OKX channels — not third-party sources.
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