Review on MyEtherWallet by Davis Marvel O'cho
I recommend this wallet for your ethers and ERC-20
I have known MEW thanks to an airdrop campaign where I had to enter my ERC-20 address. After receiving the token it was difficult for me to move the tokens to Binance and trade. MyEtherWallet is an online wallet that allows you to interact with the Ethereum blockchain. It is a platform that offers the possibility of managing Ethereum wallet. With this tool, it is possible to store, send and receive Ethers tokens and all ERC-20.
Myetherwallet does not store users private keys, unlike exchange platforms. So, it will be necessary to take precautions so as not to divulge your private key.
Pros
- With myetherallet it is really possible to keep your keys private. History has taught us how crucial it is to have your private keys.
- It is possible to use myetherwallet with hardware wallets like Ledger nano S, Trezor and many others
- Maximum security
- Each transaction must be physically confirmed via the device
Cons
- No deposit insurance like that offered by some brokers
- The storage of cryptocurrencies is your own responsibility. But it can also be an advantage!
