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Convert
Singapore Dollar (SGD) to ETHPoW (ETHW) Instantly

SGD SGD
ETHW ETHW
Buy ETHPoW (ETHW)

Purchase ETHPoW (ETHW) with Singapore Dollar (SGD) easily at Switchere and benefit from fast, secure transactions.

About
ETHPoW (ETHW)

ETHW (ETHW) represents a hard fork of the Ethereum blockchain, initiated following Ethereum's transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, an event widely known as "The Merge." The primary purpose of ETHW is to maintain the original Ethereum PoW chain, thereby offering a continuation for the existing community of miners and users who prefer the PoW model or have significant investments in PoW mining infrastructure. This decentralized network preserves the Ethash mining algorithm, relying on miners to validate transactions and secure the blockchain technology through computational work, a foundational aspect of the pre-Merge Ethereum digital ledger.

The native ETHW token is crucial for the ecosystem's functionality. It serves as the primary digital asset for paying transaction fees, commonly referred to as gas, which are necessary for executing smart contracts and interacting with decentralized applications (dApps) operating on the ETHW chain. Furthermore, ETHW tokens are distributed as mining rewards, incentivizing miners to contribute their hash power to maintain network integrity and on-chain security. ETHW aims to support a segment of the Ethereum dApp landscape and its associated tokenomics, providing an alternative platform for developers and users committed to the Proof-of-Work consensus, positioning itself as a distinct branch within the broader Web3 infrastructure.

ETHPoW (ETHW)

How to Buy ETHPoW (ETHW)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose SGD to ETHW Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your ETHPoW Wallet Address

    Provide your ETHW wallet address and proceed with the payment.

  3. 03

    Receive Your ETHPoW

    Complete the payment, and your ETHW will be sent to your wallet.

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Frequently asked questions

  • What does the SGD/ETHW trading pair represent on a cryptocurrency exchange?

    The SGD/ETHW pair is a fiat on-ramp that allows you to purchase ETHW tokens, the native asset of the EthereumPoW blockchain, using Singapore Dollars (SGD). ETHW is the token for the hard fork of Ethereum that maintained the original Proof-of-Work (PoW) consensus mechanism after the main network's 'Merge' event. This pair's liquidity allows for direct entry from SGD into the ETHW ecosystem.

  • What are common payment methods for buying ETHW with SGD?

    To purchase ETHW with Singapore Dollars, you'll typically use a regulated cryptocurrency exchange that supports SGD deposits. Common methods include local bank transfers like FAST (Fast and Secure Transfers) or PayNow. These options are popular in Singapore for their speed and low transaction costs, providing an efficient way to fund your exchange account before executing a trade on the SGD/ETHW order book. KYC/AML compliance is a standard requirement.

  • Why is the Proof-of-Work (PoW) nature of ETHW significant for traders?

    ETHW's adherence to Proof-of-Work is significant because it represents a continuation of the original Ethereum protocol that was secured by miners. For some traders and developers, PoW offers a known, battle-tested security model. Trading SGD/ETHW provides exposure to a digital asset secured by GPU mining, a consensus mechanism that some believe is more decentralized and censorship-resistant compared to Proof-of-Stake. This distinction is a core part of its value proposition.

  • How do I securely store ETHW tokens after purchasing them with SGD?

    For secure storage, you should withdraw your ETHW from the exchange to a non-custodial digital wallet where you control the private keys. It is critical to use a wallet that explicitly supports the EthereumPoW network (ChainID 10001) to avoid losing funds. Hardware wallets offer the highest level of security for long-term holding of your digital assets. Leaving significant amounts of ETHW on an exchange exposes you to counterparty risk.

  • What does ETHW's EVM compatibility mean for its ecosystem?

    ETHW's compatibility with the Ethereum Virtual Machine (EVM) is a crucial technical feature. It means that decentralized applications (dApps) and smart contracts written for Ethereum can be deployed on the EthereumPoW chain with minimal changes. For someone buying ETHW, this is important as it signifies the potential for a familiar and robust ecosystem of DeFi, NFT, and other on-chain applications to develop, potentially increasing the utility and demand for the ETHW token.
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