Today’s post explores MyEtherWallet (MEW), a leading non-custodial wallet for Ethereum (ETH) and ERC-20 tokens. Whether you’re a beginner or an experienced user, this guide covers everything from setup to adding custom tokens—ensuring you master MEW’s features securely.
Key Takeaways
- What is MEW? – An open-source interface for Ethereum blockchain interactions.
- Features – Offline private keys, built-in exchange, DApp integration, and multi-platform access.
- Adding Custom Tokens – Manual integration for unlisted ERC-20 tokens.
- Security – Non-custodial design with hardware wallet compatibility.
- Global Support – Accepts users worldwide and supports ETH/ETC/EOS tokens.
What is MyEtherWallet?
Founded in 2015 by Kosala Hemachandra and Taylor Monahan, MEW solves Ethereum’s early transaction challenges. It’s a web/mobile wallet that generates unique Ethereum addresses, stores keys offline, and interacts seamlessly with the blockchain.
Top Features of MyEtherWallet
- Cold Storage: Private keys remain offline (paper/hardware wallets).
- Built-in Exchange: Swap ETH/tokens via KyberNetwork.
- DApp Integration: Access AAVE, Unstoppable Domains, and more.
- Gas Customization: Adjust transaction fees.
- Multi-Wallet Support: Compatible with MetaMask, Ledger, and Trezor.
How to Add a Custom Token in 5 Steps
- Access MEW: Visit MyEtherWallet.com and log in.
- Navigate to Tokens: Click “Add Custom Token” under the network section.
- Enter Token Details: Input contract address, symbol, and decimals (found on Etherscan).
- Save: Confirm details to add the token.
- Verify Balance: Check your wallet for the new token.
Note: For mobile users, connect MEW Wallet to the web interface via QR scan.
Supported Cryptos & Countries
- Tokens: ETH, ETC, EOS, ERC-20 tokens (e.g., GNT, REP).
- Global Access: Available in all countries with internet access.
Security FAQs
1. Is MEW safe?
Yes, but users must safeguard private keys. Use hardware wallets (e.g., Ledger) for enhanced security.
2. Can I recover a lost private key?
No. MEW doesn’t store keys—back them up offline.
3. How do I buy ETH on MEW?
Use credit cards (Visa/Mastercard) or swap services like Changelly.
Conclusion
MEW combines user control, security, and versatility for Ethereum users. Whether you’re storing ETH or adding niche tokens, its intuitive design meets diverse needs.
Have questions? Drop them below!