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Convert
Turkish lira (TRY) to ETHPoW (ETHW) Instantly

TRY TRY
ETHW ETHW
Buy ETHPoW (ETHW)

Purchase ETHPoW (ETHW) with Turkish lira (TRY) 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 TRY 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 exactly is the TRY/ETHW trading pair?

    The TRY/ETHW pair represents the exchange rate between the Turkish Lira (TRY) and ETHPoW (ETHW). ETHW is the native cryptocurrency of EthereumPoW, a blockchain fork that preserved the original Ethereum Proof-of-Work (PoW) consensus mechanism after the mainnet's 'Merge' event. This pair allows users to directly purchase this PoW-based digital asset using a specific fiat on-ramp, the Turkish Lira.

  • What are the common methods for buying ETHW with Turkish Lira?

    To buy ETHW with TRY, you typically need to use a cryptocurrency exchange that supports this specific pair. The process involves creating an account, completing KYC/AML verification, and then depositing Turkish Lira via methods like a direct bank transfer (EFT/Havale) or local payment systems such as Papara. Once your fiat deposit is credited, you can place an order on the TRY/ETHW order book to execute the trade.

  • What technical risks should I be aware of when trading ETHW?

    When handling ETHW, a primary concern is security, particularly regarding the chain's hashrate. As a minority fork, the ETHPoW network has a significantly lower hashrate than pre-Merge Ethereum, making it more theoretically vulnerable to 51% attacks. Additionally, when moving funds off-exchange, it's crucial to use a digital wallet that explicitly supports the ETHW chain to avoid potential issues like chain replay attacks, where a transaction on one fork could be maliciously rebroadcast on another.

  • How do transaction fees for TRY/ETHW compare to other pairs?

    Transaction costs for the TRY/ETHW pair consist of three main parts: 1) Fiat deposit fees for TRY, which can be low for bank transfers but higher for other methods. 2) Exchange trading fees (maker/taker fees), which are generally similar to other crypto-fiat pairs on the same platform. 3) ETHW network withdrawal fees (gas fees), which are determined by the PoW network's congestion and are independent of the Turkish Lira, though they may be lower than on the main Ethereum PoS chain due to less traffic.

  • Why might an investor choose the TRY/ETHW pair over TRY/ETH?

    Choosing TRY/ETHW over TRY/ETH is typically driven by a specific belief in the long-term viability and philosophy of Proof-of-Work consensus. Investors might favor ETHW if they are miners seeking to continue their operations, or if they believe the original, miner-secured Ethereum chain holds unique value. It represents a different technological and ideological path than Ethereum's Proof-of-Stake (PoS) chain, appealing to users who prefer the established security model of PoW.
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