{"id":67162,"date":"2022-09-14T17:47:58","date_gmt":"2022-09-14T14:47:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67162"},"modified":"2025-09-07T05:10:59","modified_gmt":"2025-09-07T02:10:59","slug":"bybit-to-distribute-ethw-fork-tokens-to-users","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bybit-to-distribute-ethw-fork-tokens-to-users\/","title":{"rendered":"Bybit to distribute ETHW fork tokens to users"},"content":{"rendered":"<p>The cryptocurrency exchange Bybit announced support for the Ethereum PoW fork tokens (ETHW). In the event of a chain split following the activation of <a href=\"https:\/\/u1f987.com\/en\/news\/the-merge-what-to-expect-from-ethereums-largest-update\">The Merge<\/a>, ETH holders will receive them on a 1:1 basis.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd25 We will be supporting <a href=\"https:\/\/twitter.com\/search?q=%24ETHW&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETHW<\/a> airdrop, deposit &#038; ETHW\/USDT Spot Trading after <a href=\"https:\/\/twitter.com\/hashtag\/TheMerge?src=hash&#038;ref_src=twsrc%5Etfw\">#TheMerge<\/a> on Sep 15.<\/p>\n<p>\u23f1\ufe0f <a href=\"https:\/\/twitter.com\/search?q=%24ETHW&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETHW<\/a> airdrop will be completed within 8 hours of The Merge.<\/p>\n<p>\ud83d\udc49 Find out more: <a href=\"https:\/\/t.co\/u0CcA1cptG\">https:\/\/t.co\/u0CcA1cptG<\/a><\/p>\n<p>\ud83d\ude4c Deposit your <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> on Bybit: <a href=\"https:\/\/t.co\/ozRIbaWZO8\">https:\/\/t.co\/ozRIbaWZO8<\/a> <a href=\"https:\/\/t.co\/5V1nLVT6kw\">pic.twitter.com\/5V1nLVT6kw<\/a><\/p>\n<p>\u2014 Bybit (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1570039446497824772?ref_src=twsrc%5Etfw\">September 14, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The transition of the second-largest cryptocurrency by market capitalization to the <a href=\"https:\/\/u1f987.com\/en\/news\/ethereums-move-to-proof-of-stake-pos-what-you-need-to-know\">Proof-of-Stake<\/a> (PoS) consensus algorithm is planned<a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-developers-narrow-the-timeline-for-the-switch-to-proof-of-stake\"> for September 15<\/a>.<\/p>\n<p>According to the countdown timer, <a href=\"https:\/\/u1f987.com\/en\/news\/google-launches-countdown-to-the-merge-activation\">launched by Google<\/a>, there are just over 16 hours left until the mainnet migrates to PoS.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cApproximately at 00:30 (UTC) on September 15, 2022, Bybit will freeze deposits and withdrawals of ETH, ERC-20 tokens and ERC-721 NFTs. Deposits and withdrawals of ETH on Arbitrum, Optimism, BSC and zkSync will be suspended until the airdrop. Any ETH deposited during this period will not be included in the snapshot,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>The representatives noted that two scenarios may arise from the merge:<\/p>\n<ul class=\"wp-block-list\">\n<li>The new token will not appear. In this case, Bybit will resume operations with ETH and the assets mentioned above;<\/li>\n<li>The chain will split and the ETHW token will appear. The platform will take a snapshot and distribute the fork token among ETH holders.<\/li>\n<\/ul>\n<p>Bybit estimates the ETHW airdrop will be completed within eight hours after a successful migration of the network to PoS. The option to deposit and withdraw the new tokens will open when the mainnet on PoW is deemed stable.<\/p>\n<p>Earlier, the developers of the Ethereum PoW fork said that the <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-pow-fork-developers-reveal-mainnet-launch-details\">mainnet launch<\/a> would take place within 24 hours after the merge.<\/p>\n<p>Earlier, supporters of launching the new chain on the Proof-of-Work algorithm described it as an <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-pow-fork-supporters-call-it-inevitable\">\u201cinevitable\u201d response<\/a> to the community&#8217;s request.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bybit announced support for Ethereum PoW fork tokens (ETHW). In the event of a chain split following activation of The Merge, ETH holders will receive them at a 1:1 ratio.<\/p>\n","protected":false},"author":1,"featured_media":67163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1151,46,2325],"class_list":["post-67162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bybit","tag-ethereum","tag-ethw"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=67162"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67162\/revisions"}],"predecessor-version":[{"id":67164,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67162\/revisions\/67164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/67163"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=67162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=67162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=67162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}