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Convert
Thai Baht (THB) to ETHPoW (ETHW) Instantly

THB THB
ETHW ETHW
Buy ETHPoW (ETHW)

Purchase ETHPoW (ETHW) with Thai Baht (THB) 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 THB to ETHW Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your ETHPoW Wallet Address

    Provide your ETHW wallet address and proceed with the payment.

  3. Step 3 illustration
    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 THB/ETHW trading pair represent in the digital asset market?

    The THB/ETHW pair is a fiat on-ramp that allows you to buy EthereumPoW (ETHW) using Thai Baht (THB). ETHW is the digital asset of the Ethereum fork that continues to operate on the Proof-of-Work (PoW) consensus mechanism after 'The Merge'. This pair's order book reflects the exchange rate between THB and the EVM-compatible ETHW token, which is supported by ETH miners.

  • What are the typical payment methods to convert Thai Baht to ETHW on a cryptocurrency exchange?

    To purchase ETHW with THB, users on regulated Thai cryptocurrency exchanges typically use local payment systems. The most common methods include direct bank transfers from Thai banks and QR PromptPay payments. These transactions require users to complete KYC/AML compliance checks to ensure secure trading in line with local digital asset regulations.

  • From a technical standpoint, why choose the ETHW Proof-of-Work chain over the main ETH network?

    Choosing the ETHW chain is a deliberate decision to support the Proof-of-Work (PoW) consensus model, which some argue offers a more battle-tested form of decentralization and security sustained by network hashrate from miners. It provides continuity for the existing ETH mining community and for dApps whose developers prefer the original Ethereum protocol's security parameters over the Proof-of-Stake model.

  • How does the EVM compatibility of ETHW affect its use after purchase with THB?

    ETHW's full EVM (Ethereum Virtual Machine) compatibility is a major technical advantage. It means that once you convert THB to ETHW, you can use it with the vast majority of existing Ethereum digital wallets, tools, and smart contracts. Developers can easily migrate dApps to the ETHW chain, and users benefit from a familiar experience when performing a blockchain transaction or interacting with DeFi protocols.

  • What kind of fees should be expected when processing a THB to ETHW transaction?

    A complete THB to ETHW transaction typically involves three potential fees: 1) A deposit fee for funding your exchange account with THB via bank transfer or PromptPay. 2) A trading fee, which is a small percentage charged by the exchange on the trade volume. 3) A network or 'gas' fee for withdrawing your ETHW to an external digital wallet, which is paid to the miners securing the PoW chain.
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