What is the MyEtherWallet (MEW) wallet? How to create and use MyEtherWallet (MEW) from AZ

By Le Thanh | Wallet

MEW MyEtherWallet wallet

Hi guys!
Today, I will show you how to create and use MyEtherWallet wallet in detail and easy to understand.

Well, don't let you wait too long! Let's get started!

What is MyEtherWallet?

MyEtherWallet (MEW) is one of the specialized wallets for storing tokens running on the Ethereum platform (ERC20).

Considered to be one of the most reputable and well-used Ethereum storage wallets in this cryptocurrency market.

In addition, you can refer to other prestigious wallets such as wallets Coinbase wallet, Blockchain.info wallet.....

Instructions for creating MyEtherWallet wallet to store Ethereum

First, visit myetherwallet.com to start the registration process.

Then, you need to enter the Password and press Create New Wallet

Next, you need to download Keystore File (UTC / JSON).


After the download is complete, click I understand. tiếp tục

At this moment, Private Key of the wallet will appear.



Important:

You need to save Private Key as Keystore / JSON File carefully. Do not let anyone else know nor lose these two things.

Next, click on Print Paper Walleand save it too!

BAAMMM! So you have just created the first MyEtherWallet wallet in your life.

Instructions for using MyEtherWallet wallet

In this section, I will guide in detail how to use MyEtherWallet wallet in a simple and easy to understand way for you to follow.

Log in to MyEtherWallet wallet

Signing in MEW wallet is quite simple with 2 common ways as follows:

  • Method 1: Use the Keystore file
  • Method 2: Use the Private Key

However, I prefer to use the first method because of security because if someone knows the private key for your MEW, it will be done.

That person can transfer all the money or tokens in the wallet to another wallet and you will never get it back.

So here I just guide you to sign in with Keystore File stop it

First we access myetherwallet.com

Then click View Wallet Info to start logging in.

You can see there are many ways to log in, choose Keystore File, Then download the file Keystore / JSON File saved in the wallet creation section, enter the password and click Unlocked.

Okay. So we have successfully logged in!

Part Account Address is the wallet address. You need to save it for use!

Alternatively, you can choose to log in with Metamask for safety.

Learn more about Metamask wallet here.

Instructions to add tokens to MyEtherWallet wallet

After logging in to the MEW wallet as usual. You find the add token section as shown below.

Then you choose Add Custom Token and fill in the parameters.

For example:

  • I want to add Cybermiles token into my MEW wallet as follows:
  • Go to the website of Cybermiles or Etherscan to get Smart Contract and Decimals of Token Cybermiles (CMT).
  • Token Contract Address: 0xf85feea2fdd81d51177f6b8f35f0e6734ce45f5f
  • Token Symbol: CMT
  • Decimals: 18


How to transfer Ethereum from MyEtherWallet wallet

First, we visit www.myetherwallet.com .

Then select Send Ether & Tokens and Log in as 2 steps above.



Enter the wallet address to transfer money to To Address and the amount of Eth to move in Amount to Send.

Click on Generate Transaction > Send Transaction> Yes, I am sure! Make transaction

OK, got it So complete the transaction.

To prevent MyEtherWallet wallet from being hacked?


As seen, the MyEtherWallet wallet does not have a two-layer security function (2FA) but only a Password, Private Key and Keystore / JSON File.

Therefore, you need to know how to protect your personal information on the Internet.

Especially things related to your money and property.

To avoid having your MEW wallet hacked, you should pay attention to the following:

  • Do not access websites of unknown origin or no credibility.
  • Bookmark MyEtherWallet.com address to avoid the fake page.
  • Absolutely not for anyone to know his Private Key.
  • Computers should use copyrighted anti-virus software.

These are some basic ways to increase the security of your MEW wallet as well as other accounts such as exchanges, Coinbase wallets, etc.

Epilogue


In conclusion, through this article, we hope you will know how to create and use MyEtherWallet wallet in the simplest and safest way.

If you do not understand how to do this, you can watch your video tutorial below.

Hello and see you again in the next article.

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Dung
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Dung

When I first noticed it, I lost the private now and can get it back, but the file to login is still there, help me

nam
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nam

Admin, can I ask you when I add the token and when I log in and out, it doesn't show the token anymore, so is there anything wrong?