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List Of Leading Cryptocurrency Exchanges Backing ETHW (binance ethw)

List Of Leading Cryp

Following the successful completion of The Ethereum Merge, it is now

 time to see if any ETHW hard fork will be effective. 

The Ethereum mining community has long been keen to launch new hard-forked tokens following The Merge. However, if the split tokens will be supported by the community remains to be seen. 

Currently, the price of the Ethereum proof of work split token ETHW is dropping steadily. Severalcryptocurrency exchanges and mining pools have already stated their support for forked tokens such as ETHW. However, this is subject to the success of the Ethereum proof-of-work (ETHW) chain.

The price of ETHW has decreased by 52% in the last 24 hours. According to CoinGabbar statistics, the current price of Ethereum proof-of-work (ETHW) is trading at $9.20. This is in comparison to the pre-Merger price of $60.80. The Merge upgrade, on the other hand, had no positive influence on the Ethereum price. As of this writing, the price of ETH is trading at $1,429, down 4.77% in the last 24 hours.

Binance Warns Of Potential ETHW Failure

Binance, a cryptocurrency exchange, has stated that it will support ETHW if the ETHW chain is successfully implemented. The forked token will not be supported if the chain fails, the firm announced in a blog post. The exchange stated that it might take up to a week to credit ETHW tokens to eligible Binance users.

Support For ETHW

Some of the top cryptocurrencies have started trading in the split token ETHW. FTX and Bybit are two of the exchanges. Furthermore, the ETHW token is expected to be supported by several of the largest Ethereum mining pools. F2Pool, Poolin, BTC.com, and Nanopool are among the mining pools that offer ETHW mining.

Read also: Grayscale's Entry Gives Ethereum Forked Tokens a Major Boost

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