On September 15, 2022, at 06:43 (UTC), Ethereum accomplished its merge and transitioned to the proof-of-stake consensus algorithm. After that, the seven-year proof-of-work (PoW) mining period was formally over for Ethereum.
Ethereum had formally arduous forked away from Ethereum on the identical time, retaining the PoW consensus. Quite a few well-known buying and selling platforms have opened it for deposit and buying and selling because the community token ETHW of the Ethereum forked chain.
MEXC opened ETHW deposits at 15:20 on September 15, changing into the primary cryptocurrency buying and selling platform on the community. Solely 49 blocks are required to finish the deposit course of, which is at present the quickest account deposit pace amongst buying and selling platforms, in accordance with the calculation of the ETHW deposit.
The present value of ETHW is 13.01 Tether (USDT), and its 24-hour buying and selling quantity was $74.05 million, in accordance with CoinGecko knowledge. From the standpoint of buying and selling quantity, depth, and value distinction, the excellent indicators of MEXC, FTX, and Bybit are among the many high three when in comparison with mainstream buying and selling platforms. Absolutely the worth of the worth distinction between the bid purchase and ask value on the ETHW buying and selling web page on MEXC is barely 0.002, which is the smallest, and the buying and selling quantity and depth indicators carry out higher.
In reality, MEXC just isn’t solely the primary platform to announce its help for the Ethereum 2.0 mainnet Merge and the primary to record Ethereum’s potential forked chain tokens, however it’s also the quickest platform to open ETHW deposits inside a single day.
The buying and selling of the “potential forked token ETHW” has been supported by MEXC since no less than August 5, in accordance with the corporate’s announcement. The actual Ethereum community token, ETHW, can at present be exchanged for the token. The actual Ethereum community token (ETHW), which will be acquired outdoors the buying and selling platform, will also be deposited on MEXC for buying and selling functions concurrently.
MEXC is a widely known, user-friendly cryptocurrency buying and selling platform that gives one-stop companies for buying and selling spot, leveraged exchange-traded funds (ETFs), perpetual futures, NFT Index, and many others. MEXC, which has greater than 7 million customers worldwide, is the cryptocurrency buying and selling platform with the quickest launch occasions for well-known initiatives throughout the community and the broadest vary of tradable classes.
Moreover, based mostly on knowledge from CoinGecko, MEXC at present helps buying and selling in additional than 1,500 cryptocurrencies for spot transactions, greater than 120 cryptocurrencies for futures transactions, and greater than 300 for leveraged ETF transactions.