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Özgün A photo
İstanbul
1 Level
754 Review
1052 Karma

Review on MyEtherWallet by Özgün A

Revainrating 3 out of 5

Watch out for fake MyEtherWallet sites!

MyEtherWallet is one of the most preferred wallets in the crypto money market. It is open source. Open source systems are always attacked by hackers. Source code is being attacked by hackers for fraudulent purposes. This is a bit risky, but it is still a wallet I prefer and use a lot. But to be honest it is weak in terms of security measures. You can also use MyEtherWallet offline.

ATTENTION: Be very careful when entering MyEtherWallet's site because there are too many fraudulent websites imitating fake MyEtherWallet.
Remember, you are responsible for any wrong transactions. Sending your money to the wrong address, entering the fake MyEtherWallet site and making a transaction, etc. MyEtherWallet will never accept any liability. My advice to you: Update your MyEtherWallet information to other cold wallets and keep your money safe. Also, store your money in cold wallets for large amounts. Never keep large amounts of cryptocurrencies in online wallets for long.
As a Result: A wallet I don't trust, but simple to use. I keep my small amounts of money on MyEtherWallet for investment purposes.
img 1 attached to MyEtherWallet review by Özgün A



Pros
  • Quick and simple transactions
  • Browser plug-in
  • Add-on coins
Cons
  • Fake MyEtherWallet websites
  • Security level is low
  • Always under attack from hackers

Comments (1)

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November 23, 2020
I think 70% of people in the cryptocurrency world are not knowledgeable. You really inspire people and inform people well for this cause. I'm on close buddy. Thank you for your information

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