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How to buy EthereumPoW (ETHW)

Learn how to buy EthereumPoW (ETHW) in our step-by-step guide.

You can buy EthereumPoW (ETHW) on a cryptocurrency exchange like FTX US. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Ethereum PoW (ETHW) is a hard fork of the Ethereum blockchain created at the time of the Merge. The new ETHW coin retained Ethereum's PoW (proof of work) consensus and allowed mining to continue. Here's how to buy EthereumPoW.

How to buy EthereumPoW in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy EthereumPoW is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency and wire transfer payments are widely accepted.
  4. Buy EthereumPoW
    You can now exchange your funds for EthereumPoW. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your EthereumPoW to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy EthereumPoW

Find an exchange to buy, sell and trade ETHW by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

39
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX exchange offers a range of cryptocurrencies, up to 10x leverage, access to global liquidity, no-fee debit cards for FTX users, fee-free first ACH deposit and benefits for FTT token holders.
Bitfinex Professional Trading Exchange
Cryptocurrency
USD, EUR, GBP, JPY

210
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
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Compare up to 4 providers

How do I find the best places to buy EthereumPoW?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy EthereumPoW?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading EthereumPoW.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ETHW with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy EthereumPoW with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy ETHW with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy ETHW on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy ETHW
Go to FTX.US Cryptocurrency Exchange
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase ETHW by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ETHW on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy EthereumPoW?

The easiest way to buy ETHW is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ETHW, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of EthereumPoW has been performing recently.

Best EthereumPoW wallets to store your ETHW

You can keep your ETHW on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is EthereumPoW a good investment?

The community created ETHW to allow miners to continue their operations and ensure that their hardware was not made obsolete. While some prominent figures in the crypto space have announced support for the fork chain, Ethereum founder Vitalik Buterin stated that people endorsing the hard fork are simply "trying to make a quick buck". Here are some other things to consider before you invest in ETHW:

  • Speculative value. Reputable crypto projects exclusively support the Ethereum foundation and the PoS chain. ETHW is not widely recognised as a legitimate Ethereum and holdings on the forked chain are entirely speculative.
  • Volatility. Ethereum is the second largest crypto by total market cap – this liquidity provides relative market stability. ETHW has a considerably lower market valuation and trading volume. Any coin with low trading volume is prone to market manipulation and increased volatility.
  • Exchange listings. Exchanges list digital assets based on demand and security. Coins and tokens are likely to remain listed if they’re deemed safe and generate a profit through high trading volume. However, if trading volume drops below a required profit margin, the exchange may delist the asset. Considering that ETHW is still in its infancy, it remains uncertain whether it will gain traction.

Additional information about EthereumPoW can be found using our ETHW analysis tools.

Today's EthereumPoW price versus ATH

Compare today's price of EthereumPoW ($10.08 USD) against its all-time-high price of $58.54 USD on 03 September 2022. The closer the bar is to 100%, the closer ETHW is to reaching its ATH again.

EthereumPoW's price: $10.08
ATH date: September 03, 2022
17.22%

EthereumPoW ATH: $58.54


How to trade, convert or sell EthereumPoW

You can convert or sell your ETHW with the same exchange you bought it through:
  1. Sign in to the exchange you have ETHW on.
  2. If you store your EthereumPoW in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ETHW you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of EthereumPoW.
  6. Complete your transaction and move your ETHW to a wallet for storage.

Disclaimer: Cryptocurrencies, including EthereumPoW, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ETHW is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the EthereumPoW or any other cryptocurrency discussed.

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