FTX, Bybit among the first exchanges to launch spot ETHW trading

FTX, Bybit among the first exchanges to launch spot ETHW trading

Major cryptocurrency exchanges, FTX and Bybit, are among the first crypto trading platforms to launch spot trading for Ethereum proof-of-work (PoW) tokens.

While the Ethereum blockchain has not forked into two separate networks just yet, crypto exchanges are rushing to start trading EthereumPoW (ETHW) tokens.

At the time of writing, ETHW Fork IOU token is now

The Ethereum blockchain hard fork is expected to follow the Ethereum Merge event that occurred earlier this Thursday. As some community participants preferred to keep supporting the mining-based PoW Ethereum version, the fork is expected to split the chain in two, the proof-of-stake version and a PoW-based one.

As previously reported, the hard fork iexpected to occur within 24 hours following the Merge.

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