Review on MyEtherWallet by José A Rodríguez
MEW: The Crypto's Community Favourite Wallet
Since Ethereum released this wallet, security among ETH costumers has increased making this place being one of the best in the entire crypto community and global markets. One of the most relevant innovations is that clients themselves receive their currencies mediantly an address, what is different to any other wallet that stores coins directly.
Your Ether transactions are safer and now you are able to see the new features that have raised the Ethereum blockchain. Moreover, MEW has great popularity because of its fast setup that only last a couple of minutes. New users can access a fast way to the creation proccess.
It also offers fair rates to exchange and transfer your crypto assets.
In the very beginning it was, perhaps, not so good as it is now. By the other hand, what is still more relevant is that it can works perfectly with the best hardwares on market, like Ledger Nano S, that permits to store private keys and passwords. This way the wallet improves privacy and confidence.
I'm charmed by the features of this wallet and also by the fact that we have free access to our own assets derived from here by using this wallet. I'm going to use and experience its relevance. As a final recommendation, remember that personal data is what matter the most.
Pros
- It still has the best level on security system than any other wallet.
- Shows client's storage in an organized and very creative process.
- Its safety and control is proved and customers can have total management of their private keys without making use of third-party companies.
- MEW blockchain is really innovative because of its ERC-20 tokens' support.
Cons
- It has limited access devices that makes them less functional than other wallets.
- It does not support yet all the major cryptocurrencies.
- It is still developing new backup options. This means that it has to offer improvement to private key security.
