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Ha Noi
1 Level
84 Review
15 Karma

Review on MyEtherWallet by toan van

Revainrating 5 out of 5

MEW is a standard wallet that may contain ETH and ERC20 standard token


MyEtherWallet does not manage your ETH, and you are free to use and send / receive anytime you want, even if the MyEtherWallet website goes down, you can still use a similar platform. to login to my ETH wallet created on MyEtherWallet.
In addition to the Ethereum virtual currency, you can store a lot of other tokens developed on the Ethereum blockchain and MyEtherWallet is a wallet that is accepted by many Token developers on Ethereum for investors to use. buy their token



Pros
  • You can easily create and use MEW wallets on its website
  • Transactions such as sending and receiving ERC20 tokens and ETH as well as checking the wallet account balance of the user-created wallet as well as checking the value of gas are quite easy.
  • Users have full access to the wallet in ways such as using a cold wallet with third-party software, memo phrases and secret keys
Cons
  • The advantage is that however you need to remember the private key if you lose it will never be able to access your wallet
  • The security of MEW wallet completely depends on the user

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