Review on MyEtherWallet by Mohammad Shuja

MEW is an interesting and useful tool for those who are unfamiliar of cryptocurrencies, with a heavy emphasis on security. It is a great starting point for people that need a wallet for any ERC-20 token and are unfamiliar with the process. It is ideal for customers who feel more secure when they have complete control over their private key and who do not want to entrust the security of their Ethereum wallets to cryptocurrency exchanges.



It is one of the most commonly used wallets, and it allows you to establish an Ether wallet and send ERC-20 tokens to other people. As far as I can tell, it is more of an interface through which users may connect to the Ethereum blockchain than it is an application that can hold tokens. You may download it to your computer and use it when not connected to the internet. Because this wallet is both open source and completely controlled by people, it is a good choice. Users must thus continue to take responsibility for ensuring its security. As a result, it is critical to safeguard the security keys at all times.