Cryptocurrency is becoming increasingly popular and more accessible to people of all ages. Every day, new users join the world of cryptocurrency and are looking for reliable wallets to store their coins and tokens. One such wallet, MyEtherWallet Wallet(마이이더월렛 지갑), is a free and open-source platform that allows users to securely store Ethereum and other ERC20 tokens. In this article, we’ll break down what MEW is, how to create an account, and why it may be the perfect wallet for your cryptocurrency needs.
What Is MEW?
MyEtherWallet (MEW) is an Ethereum-based crypto wallet that allows users to securely store Ethereum, as well as ERC20 tokens. The platform was founded in 2015 by Kosala Hemachandra and has since grown into one of the most popular digital wallets in the world. The wallet can be used on both desktop and mobile devices, making it easy for users to access their funds anytime and anywhere. Plus, MEW provides its users with full control over their private keys – meaning only you have access to your funds – making it one of the safest wallets available today.
Creating an Account
Creating an account on MEW is easy! All you need to do is head over to MyEtherWallet’s website, enter in a username & password combination that you would like to use for your account, then click “Create New Wallet”. You will then be asked to write down a seed phrase or backup phrase which consists of 12 words that will allow you to access your wallet if anything should happen to your computer or phone device. Make sure you store this phrase somewhere safe! Once you have written down your seed phrase, click “I wrote it down” and then click “Confirm Phrase” followed by “Continue To Wallet Information”. You will now be able to see your public address along with other important information about your account such as balance & transaction history!
You can also link your existing hardware wallets such as Ledger Nano S or Trezor Model T with MEW so that you can easily transfer funds from these wallets without having to use the aforementioned backup phrase every time you want to make a transaction! In order to do this, simply navigate over to the “Connect Hardware Wallets” page on MyEtherWallet website & follow their instructions accordingly.
Using Your Wallet
Now that you have created an account & linked any necessary hardware wallets with MEW – let’s take a look at how we can actually use our new wallet! To send Ether or any ERC20 token from our wallet, simply navigate over the “Send Ether & Tokens Tab” located on the left hand side panel within MyEtherWallet dashboard & enter in either recipient address or recipient name depending on who you would like send money too! Then hit “Generate Transaction” followed by “Send Transaction” & confirm the transaction via MetaMask browser extension if prompted too by clicking on “Submit” button within MetaMask interface! Congratulations; you just made your first successful transaction using MEW!
MyEtherWallet (MEW) is quickly becoming one of the most popular crypto wallets in the world thanks its ease-of-use and secure infrastructure built specifically for storing Ethereum & other ERC20 tokens. Setting up an account is easy; just remember always back up your seed phrase somewhere safe so that you don’t lose access if something should happen with your computer or phone device. With its ever growing user base, now might just be the perfect time for you get started with MyEtherWallet too! Happy trading!