Review on MyEtherWallet by Racheal Treasure
MYETHERWALLET, THE PLATFORM THAT ALLOWS YOU TO RECEIVE AND SEND ETHEREUM.......
This wallet was established in 2015, in United State of America. It makes you store Ether and ERC 20 crypto asset. It targeted countries around the world. It is multi languages wallet, it supports over 14 languages.
It gives access to people to generate their wallet on Myetherwallet, you should note that your asset is not store on it, but usually store in wallet generated through it. It it medium between exchange and hardware wallet.
If you are looking for wallet that supports Althscoins apart from ERC 20, this wallet is not your wallet.
Registration is very easy, i Did not perform any know your customer identification. One of the thing i love about the wallet is that i can manage hundreds of ERC 20 token on this wallet. For any transaction made on the wallet you will pay for mining fee, though gas fee is a little bit high since it base on Ethereum network.
The mobile app is very easy to set up and made use of, it make it possible for me to buy Ethereum directly. It is well designed.
In my opinion, the wallet is a great wallet but their is also room for improvement. In it mobile application i will like the team behind the wallet to work on how to improve some services on it.
I really appreciate the customer services that work always to serve the users, i had some issue that was attended to almost immediately. It is highly recommended.
Pros
- Open source wallet
- It secure platform, you can activate two factor authentication
- It support mobile device
- Users friendly
Cons
- Not supports mobile application
- It supports only ERC 20 token
New products
Comments (2)
January 04, 2021
This wallet has a strong team behind the project, They keep on improve the wallet day in day out. The wallet is doing great in my opinion, it has good security measures that makes the platform secure.
January 02, 2021
It has a great features that makes the platform working well. Not supporting althcoins is only my concern. In the cryptocurrency community, there are many wallet that serve many purpose. I suggest that any other wallet can be chosen, before choosing wallet to store your asset you need to choose hardware wallet which is saver that hot wallet.
