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Review on MyEtherWallet by Nik RA

Revainrating 4 out of 5

MEW wallet

My Ether Wallet, also known as  MEW wallet, is one of the most popular Ethereum wallets. MyEtherWallet gives you the ability to generate new wallets so you can store your Ether yourself, not on an exchange. MEW wallet is one of the best options for storing, sending and receiving, both Ether and Ethereum related tokens. MEW is best understood as a tool for interfacing with the Ethereum network, rather than as a standalone application. In terms of security, MEW can be used in tandem with other wallets, such as TREZOR, Ledger or the official Ethereum Wallet, which are all known for being extremely secure. On its own, MEW’s level of security depends largely on the users and how they manage the tool.



Pros
  • Can be integrated with both Ledger and TREZOR
Cons
  • MEW interface is designed to work solely on the Ethereum network

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