Review on MyEtherWallet by Roger Sandoval

Name: MyEtherWallet
Item: MyEtherWallet
Rating: 4

June 21, 2019

Complete Review of MyEtherWallet.

Myetherwallet is one of the best wallet for ethereum blockchain because in which we can access our wallet by private key, keystone file MEWConnect app and hardware wallets and also do transaction of all of erc20 coins as well.
﻿
Myetherwallet supports all major hardware wallet so, you can securely make transaction by your hardware wallet without releasing private keys.
﻿
Currently, there are many phishing websites are available on internet that look s exact same as myetherwallet and asks for private keys or keystone file. These websites are very similar to real myetherwallet so, many people loses their funds by entering private keys in phishing website.
﻿
We can make a paper wallet with myetherwallet and myetherwallet allows you to set fees of transaction and if the token is not listed on myetherwallet then you can add by entering contract address, symbol and decimals of particular token like Revain. 
﻿
Overall, Myetherwallet is Free, easy to use and open source wallet. Myetherwallet does not store your keys. you need to store your keys/file/seed safely. You can use myetherwallet with trezor and ledger securely without any risk.
﻿
Comment your opinion about MyEtherWallet. 
﻿

Updated 6 years ago

Rating has not been changed

Myetherwallet website is improved and launched with new and easy UI. In new U.I. all setings are improved and we dont need to find or add tokens it automatically show specific token which you have in your wallet. 
﻿

Pros

Myetherwallet is the best, popular and mostly used by many user ethereum wallet website.
MyEtherWallet supports all type of ERC20 and ERC223 tokens and ethereum only blockchain coin.
MyetherWallet has its secure mobile application MEWConnect where mobile phone is works as a private key of wallet.
Myetherwallet can provide paper wallets of ethereum coin/ blockchain.
Myetherwallet supports all main hardware wallets which is secure way to access your funds.

Cons

There are many phishing website of Myetherwallet and they are looks exactly same as
Myetherwallet does not support multiple coins as there are many wallets in market that provides multicoin support.
Myetherwallet is not much secure because it is web-based wallet so, hackers can target our private keys.