Ethereum Officially Enters the PoS Era, MEXC Is the First Exchange to Open Forked Token ETHW Deposit

Evelyn Zhang
3 min readSep 20, 2022


At 06:43 UTC on September 15, 2022, Ethereum completed the merge with a block height of 15537393 and officially switched to the PoS consensus mechanism. Since then, Ethereum has said goodbye to his 7 years of PoW his mining days. At the same time, Ethereum officially diverged from Ethereum and maintained the PoW consensus. As the network token ETHW on the Ethereum fork chain, it is actively open for deposit and trading by various mainstream trading platforms.

MEXC and ETH 2.0 Mainnet Merge

In reality, MEXC is not only the first platform to announce its support for the Eth2.0 mainnet merging and the first to advertise Ethereum’s prospective forked chain tokens, but it is also the fastest platform to open ETHW deposits within a single day.

According to MEXC’s announcement, MEXC already supported the trading of a “potential fork token ETHW” on August 5th. Tokens can now be exchanged for ETHW, the actual Ethereum network token. At the same time, the actual Ethereum network token ETHW obtained outside the trading platform can also be deposited by him into MEXC for trading purposes.

According to what is known, MEXC is a market-leading, user-friendly platform for trading cryptocurrencies that offers one-stop services for trading spot, leveraged ETFs, perpetual futures, NFT Index, etc. MEXC, which has more than 7 million users globally, is the cryptocurrency trading platform with the fastest launch times for well-known projects across the network and the widest range of tradable categories.

Also, according to CoinGecko data, MEXC currently supports over 1,500 crypto spots, 120 crypto futures, and 300 crypto ETFs.

Interest in cryptocurrencies Find out more about our featured popular tokens by visiting the Hot Projects section of our site. You are welcome to go to MEXC Academy as well to learn more about cryptocurrencies in general.

Deposit of ETHW on MEXC

On September 15th at 15:20, MEXC opened an ETHW deposit. This is the first cryptocurrency trading platform to open his ETHW deposit across the network. According to ETHW’s deposit calculation, it only takes 49 blocks to complete the deposit process. This is currently the fastest account deposit speed among trading platforms.

The current price of ETHW is 13.01 USDT, and its 24-hour trading volume was $74.05 million, according to CoinGecko data. From the standpoint of trading volume, depth, and price difference, the complete indicators of MEXC, FTX, and ByBit are in the top three when compared to major trading platforms. The absolute amount of the price difference between the bid purchase and ask price on the ETHW trading page on MEXC is just 0.002, which is the smallest, and the trading volume and depth indicators work better.