ETHpos (ETHS/USDT – Trade it here) represents the token for the new PoS (proof-of-stake) chain. Ethereum is on the verge of having its big upgrade: Ethereum Merge, also known as Eth2.0. In this event, Ethereum will shift from the Proof of Work consensus protocol to the Proof of Stake consensus protocol. This article explores the core features and overall tokenomics of ETHS (plus how to buy and earn ETHS on MEXC).
HARD FORK and ETHS
Hard Fork happens when there are some major upgrades to a blockchain network and more than 50% of members of the community agree to go with the upgrade, but the rest of the community decides to go with the current system. Therefore, ETHS and ETHW are created during this hard fork.
At the time of writing, the live ETHPOS (IOU) price today is $1,537.48 USD with a 24-hour trading volume of $15,892,989 USD.
How to buy ETHS?
Looking for a way to buy ETHS? You can purchase ETHS on MEXC following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “ETHS” using the search bar to see the available trading pairs. Take ETHS/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of ETHS you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy ETHS] to confirm your order. You will find the purchased ETHS in your Spot Wallet.
Recent Price & Performance
In 2022, ETHS reached the highest price (ATH) of 1947.73 USD on August 14th, 2022. The lowest price of ETHS since the ATH date was August 08st, 2022, reaching 300 USD.
Interested in crypto like ETHS?
MEXC lists moonshot and provides access to trading of major crypto coins like ETHS, keep an eye on our listings in Innovation and Assessment zones, as well as major tokens in the Main Zone – we have more great projects to come! Also, visit the hot projects section to find more hot tokens that were listed already. If you would like to know more about crypto trading itself, please visit MEXC Academy.