Review on MyEtherWallet by Syed Adnan
Most used wallets for Ether transactions.
It is extremely easy to use and in addition allows you to store Eth tokens which are important for investment. No matter what wallet you use, you must always keep your private key secure. If your private key is stolen or lost, you will lose all your crypto!
So, is it safe? These and other wallets are as secure as you want them to be. While it provides good protection, it is your responsibility to protect your private key.
Pros
- It offers much better protection than most online wallets.
- You have full control over your private key. Where most of the online wallets are controlled by third party companies.
- It supports the ERC-20 token, otherhand most online wallets do not.
Cons
- It cannot be used for Bitcoin and other altcoin.
