FTX, Bybit formally introduced that they launch ETHW buying and selling with stablecoin USDT, and plan to open ETHW deposits and withdrawals quickly.
Whereas the Ethereum blockchain has not but cut up into two separate networks, crypto exchanges are dashing to start out buying and selling EthereumPoW (ETHW) tokens.
On the time of writing, the ETHW Fork IOU token is at present being traded on five exchanges, together with the international FTX change, the US department of FTX, Bybit, Gate.io, and MEXC World.
In keeping with the information, FTX is processing over 62% of ETHW transactions, estimated at $43.7 million at press time. Bybit and MEXC World account for 9.83% and 9.66% of ETHW buying and selling quantity, respectively.
Change Bybit introduced that it has launched ETHW buying and selling in opposition to stablecoin Tether (USDT). “ETHW deposits and withdrawals coming quickly,” the corporate famous. The ETHW/USD buying and selling web page is now additionally available on the FTX web site.
The ETHW Fork token is listed as an IOU cryptocurrency the place IOU stands for “I owe you”, which suggests one occasion owes one other. That’s as a result of ETHW will come up from a possible arduous fork of Ethereum and the chain has but to be forked. As beforehand reported by CoinCu, the arduous fork is anticipated to occur 1 day after The Merge.
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