Bitfinex to Support Ethereum Proof-of-Work Fork

Bitfinex, a state-of-the-art digital token trading platform, will support the Ethereum Proof-of-Work fork as the exchange provides its user base with an optimal trading experience after the Merge. 

The Ethereum Merge's successful transition from proof of work to proof of stake, which took place this week, represents a monumental milestone in the evolution of the digital token economy. The Merge has also resulted in a forked, Proof-of-Work, Ethereum chain.

ETHW deposits and withdrawals are now open on Bitfinex after the token was listed on the platform on 15/09/22.

"We are delighted to announce our support for Ethereum Proof-of-Work," said Paolo Ardoino, CTO at Bitfinex. "As an exchange we always strive to provide our user base with a choice of digital tokens to trade and an optimal trading experience."

Bitfinex customers with an Ethereum (ETH) balance in their account at the time of the Merge snapshot (Block 15537393) will have received forked Ethereum Proof-of-Work (ETHW) digital tokens，according to the exchange. 

Additionally, customers have been credited ETHW, and the ETHW:USD market will be open as of 15/09/22 at 9:15 PM UTC for trading. Deposits and withdrawals will commence for ETHW in the coming days.