On September 15, 2025, OKX successfully distributed the EthereumPoW (ETHW) airdrop to eligible Ethereum (ETH) holders across its platform. This marks a significant milestone for users who support alternative blockchain ecosystems, particularly those committed to preserving Proof-of-Work consensus mechanisms.
Holders of ETH on OKX can now view their allocated ETHW tokens by navigating to Assets > My Assets > Funding Account within the platform’s interface. The distribution process is automated and based on snapshot data collected prior to the fork event. While balances may take several hours to reflect in user accounts due to backend processing, all qualified users will receive their full entitlement.
It’s important to note that ETHW received from ETH balances held in sub-accounts will be aggregated and credited directly to the parent account. This ensures a streamlined experience for users managing multi-tier account structures without risking loss of entitlement.
Understanding EthereumPoW (ETHW)
EthereumPoW (ETHW) is a Layer 1 blockchain that originated 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 model during "The Merge," ETHW continues to operate under the original Proof-of-Work (PoW) protocol.
This fundamental difference makes ETHW an attractive option for miners, developers, and investors who believe in decentralized mining and resist centralized control over validation processes. By maintaining PoW, ETHW preserves the original ethos of blockchain immutability and miner participation.
👉 Discover how blockchain forks create new investment opportunities and shape market dynamics.
Key Details About ETHW
- Name: EthereumPoW
- Ticker: ETHW
- Consensus Mechanism: Proof-of-Work (PoW)
- Total Supply: Unlimited (mining remains active)
- Blockchain Type: Layer 1
- Origin Date: September 15, 2022
ETHW functions as both a store of value and a functional blockchain, supporting smart contracts, decentralized applications (dApps), and miner-based transaction validation. Its continued existence demonstrates the resilience of community-driven forks in response to major protocol upgrades.
ETHW Spot Trading Launch on OKX
In addition to the airdrop distribution, OKX has officially listed ETHW on its spot trading markets, providing immediate liquidity and price discovery for users.
Trading Schedule Overview
- 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 enabled
This phased rollout ensures system stability while allowing traders to begin exchanging ETHW against the popular USDT stablecoin pair shortly after deposit functionality becomes available.
Liquidity providers and active traders can now engage with ETHW in real time, taking advantage of early market movements following the airdrop. The introduction of spot trading also enables hedging strategies, portfolio diversification, and arbitrage opportunities between different exchanges supporting ETHW.
Why ETHW Matters in Today’s Crypto Landscape
As the broader cryptocurrency ecosystem evolves, projects like EthereumPoW highlight the importance of choice and decentralization. While Ethereum’s shift to PoS improved energy efficiency, it also excluded miners and altered the distribution of network power.
ETHW fills a critical niche by offering:
- Continued support for GPU mining
- Resistance to centralization risks associated with staking pools
- Compatibility with existing Ethereum tooling and wallets
- Community-governed development roadmap
For users interested in alternative consensus models or seeking exposure to PoW-based digital assets, ETHW presents a compelling use case beyond mere speculation.
Frequently Asked Questions (FAQ)
Q: How do I know if I’m eligible for the ETHW airdrop?
A: If you held ETH in your OKX funding account at the time of the snapshot (prior to September 15, 2022), you are eligible. No action was required—distribution was automatic.
Q: Can I withdraw ETHW immediately after receiving it?
A: Withdrawals opened on September 16 at 10:00 AM UTC. Once enabled, you can transfer ETHW to external wallets or other platforms that support the token.
Q: Is there a fee for transferring ETHW?
A: Yes, standard network fees apply when withdrawing ETHW. These fees compensate miners for processing transactions on the EthereumPoW blockchain.
Q: Why does ETHW have an unlimited supply?
A: Because it uses Proof-of-Work, new ETHW tokens are continuously minted through mining. There is no fixed cap, similar to how Bitcoin has a limit but other PoW chains do not.
Q: Can I stake ETHW?
A: No—since ETHW operates on Proof-of-Work, staking is not supported. Instead, mining is used to validate transactions and secure the network.
Q: Will OKX list futures or margin trading for ETHW?
A: While only spot trading is available at launch, OKX evaluates additional product offerings based on market demand and risk parameters. Stay tuned for future updates.
Navigating Risks in Digital Asset Trading
While opportunities around new listings and airdrops can be exciting, it's essential to approach them with caution. Trading digital assets involves substantial risk and may result in partial or total loss of invested capital.
Before engaging with ETHW or any cryptocurrency:
- Conduct thorough research into the project’s fundamentals
- Understand how forks and airdrops impact token value
- Use risk management tools such as stop-loss orders
- Only invest what you can afford to lose
- Seek independent financial advice if unsure
OKX remains committed to user education and transparency, ensuring that traders have access to accurate information and secure infrastructure.
👉 Learn how to manage risk effectively while exploring emerging crypto opportunities.
Final Thoughts
The listing of EthereumPoW (ETHW) and successful airdrop distribution underscore OKX’s role in supporting diverse blockchain innovations. Whether you're a long-term holder, active trader, or blockchain enthusiast, ETHW offers a unique window into the ongoing debate about consensus mechanisms, decentralization, and community governance.
By enabling spot trading and ensuring smooth access to airdropped tokens, OKX empowers users to participate in one of the most notable Ethereum forks—with speed, reliability, and security.
Stay informed, trade responsibly, and continue exploring the evolving world of decentralized technologies.