Review on MyEtherWallet by Robiul Islam
Excellent wallet with great security and stability.
This appears like the best way to store tokens, it allows sending and receiving tokens in a secure way, the way to create keys is very secure, because these keys are created by you and you can secure all your transactions privately.
I'll just say be very careful about your personal keys, they should be stored in a safe place. There are so many types it's hard to say. Also, it is a free, open source, client side interface for creating easy to use portfolios according to user needs. I consider it the best ERC20 chip wallet.
Pros
- It is absolutely free to use for everyone in crypto.
- We can simply use web browser to create a wallet.
- It can also be easily used with other hardware wallets.
Cons
- Nothing can beat hardware wallets in terms of security.
- It is hard to use to confirm that protection is not compromised at any stage for opportunity.
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Comments (3)
December 15, 2020
I do not believe MyEtherWallet is reliable. A lot of people don't even think. But because it is simple to use and simple to understand, it is preferred by many people. Thank you for your informative article
October 16, 2020
It can hold any type of ERC, it could store also NFT tokens (ERC-721). You are right that it is oriented only to ethereum blockchain which is due to its smart contracts farly most used.
August 18, 2020
You are right, mate, but it is a bit annoying that the wallet only holds ERC-20 tokens, it could have had a wider variety of tokens such as a trust wallet. However, the new application released with the latest update is very useful.
