Bitcoin Forum

I have created a wallet on MEW (https://www.myetherwallet.com/) and I have a number of questions / clarification needed:

1) To my understanding, this is not an online wallet: the website simply generate a wallet address, and gives me the public and private keys, which I can then safely store offline or on a piece of paper, if I wish so, right?

2) Once I have the address generate at 1) above, I can then send ETH and/or a number of ETH tokens to this address, right?

3) the blockchain knows that this address has received this amount of ETH and that amount of tokens. If I'm in control of the private key, then I can use my ETH and/or token for whatever I please: transfer them to another user, another wallet, an exchange etc ... Correct?

4) Even though I store on my address different tokens and/or ETH, I only need one private key right? I.e. once I know the address and my private key that unlocks my wallet with all the content which I can then use as I prefer.

Thanks for helping to understand!
Cheers,
Jay

Yes you are right and the other service of ethereum wallet that simple and easy be used is jaxx.io, you can import the private key of ethereum in it, it support on mobile devices too, so you can use your coins in your hand. Also many altcoins be supported by jaxx.io ethereum, bitcoins,litecoin and other.

I really find the mobile support convenient. I Recommend myetherwallet

Isn't the mobile support unsafe? Supposed to be easy to hack an iPhone.

You have asked 4 questions and i shall answer them one after the other.

1, It is an online wallet.

2, Yes but you will need to add the token to your watch list by inserting some data otherwise your token will not appear.

3, Yes.

4, Yes.

every wallet needs to be online in order to be sent and received coin. MYetherewallet provides you a tool which you can easily access your wallet without downloading a huge file from the blockchain and you can be flexible in sending and receiving both coins and tokens

Hi,

Somehow I just don't catch on MyEtherwallt security features.

I wonder if MEW is save enough, because I read at their help center e.g. "Please be sure that you are carefully and accurately typing your private key. A single wrong character will open a different wallet than is yours". Wow, (by off chance) it could happen that I open another one's wallet and withdrawal easily his assets then because no additional (personal) password is requested? For which reason I must set this "strong password (at least 9 characters)" at wallet creation, if this password isn't needed anymore later? Not very trustworthy... why I can unlock my wallet just with my private key only? Wouldn't it be much more secure if I must additionally input the correct, related ETH address or personal password - and wallet stays locked if the key and address/password doesn't match?

Also, why there is no "logout" button, resp. "lock wallet again"? I always have a bad feeling if I close the browser window while wallet is unlocked. Atm I´m uncertain if I really should store a higher ETH amount there. Thanxx for some thoughts/explanations and sorry for my rookie English.

Fair questions. Would also love to hear answers from more experienced members.

I've got another question: hoe does the "Gas" work? Do I need to store Ether on MEW in order for me to transfer tokens? How much Ether is needed?

I understand that the chances to open a foreign wallet by a random key are very, very low. But nevertheless, why at least withdrawals aren't extra secured by input your personal password? That would be so simple and in the last resort it can save your "life" (ETH assets).

Means I can create more than 1 address in myetherwallet, even tens of addresses? i just need to save those passphrase.

a ктo в кypce, пoчeмy в MEW oтoбpaжeниe тoкeнoв нe фyнкциoниpyeт?

I will add only that it is necessary to send not on a private key, namely to the address which supports reception of necessary tokens. It is for tokens that I registered the wallet on this resource, but so far I have not translated anything.

I really dont understand what you are really trying to say but as a user of MEW for almost several months when you close your browser your wallet is automatically locked or logout if you are using your own personal computer/laptop I think everything is safe but if you're using from public shops the best way is to clear your browser cache and history after using the browser for the safety of your wallet...

Didn't want to open a new topic, but little question: I've got some ETH on an address created by MEW.

Am I correct that I can send other ETH-based coins (like ICONOMI, GOLEM etc.) to that same address?? Or do I have to create a new address in MEW for each new edit: different coin I buy?

Thank you in advance guys!

You can hold all your coins in just one wallet :)

hi i have some question. i use my ether wallet to claim the tokens. i buy hundreds of them all one transaction, but when i claim the tokens i get charged for dozens and dozens of transactions. they all 0 value, only one transaction have any token. i get charged $20 in transaction fee. what happen?

Yes, I also was wondering about this message that another wallet could be opened. But for declaring: You only would try to get access but wouldn't be able to open. I think, the private key is safe enough, I think. You need your strong password, if you want it more comfortable or if you fear that your privat key can get stolen by malware on your PC.

yes, i have tried out that already and it did work and access other wallet address but mostly you would able to open up new addresses which dont really have any inside funds on it which it would really takes time for you to find out an wallet address which do have some tokens on it. Its nearly impossible to do such thing and i know MEW devs do already prepare on this one.

I'm having some troubles with MEW, once I login it doesn't load properly the token list, before I could see the whole list with a "loading" next to the name, now it only shows the last token.
It does show correctly the Ether amount though.

Am I the only one having this problem?  ???

Here not only altcoins can be used. Many of tokens that were produced during ICOs supported by the wallet. I have joined to My Ethr Wallet exactly cause of that. I have invested in some tokens this summer and now want to move all of them to one place and My Ethr Wallet is the exactly place which allows to make so.

I there a way to use this wallet on mobile (android)? I'm trying but it cannot work...

Using myetherwallet is very simple and easy. Every wallet needs to provide service via internet. Myetherwallet also an internet based wallet. You can access your account to by private key easily. You should keep your private key safely. Here you can send or receive ether and token both.

myetherwallet is accesible in any OS on mobile phones since you would only need to logged in on the site and accessing your wallet thru private keys and another options that beings seek. I dont know if theres an app based but as far as i know it hasnt which you would really need to use or enter the website link.

Yes, you are all right, MEW is an online wallet, which can be accessed easily anywhere and anytime, can be via pc or laptop device, can also be used on android connected internet network, you just need to save its private key only, you can access it easily

Yes,you are all right. You just need to keep your private Key safe.

be careful so many fake site just want to get your private keys
and hack your account. so MEW is not much safe .. just be aware

Hello guys, I am just starting to participate to different bounties and all of those are Ethereum based. I also have myetherwallet and I also like to couple of questions about this wallet. This is kinda tricky to me since I used to my bitcoin wallet. Anyway here are my questions and hopefully someone clarify this

1. As I checked online, there is already a way from MEW that you can convert Ethereum to Bitcon. You just need to enter your btc address from your preffered wallet. Am I right/safe to say this?

2. As I checked other thread, they mentioned that your Ethereum should have funds first before you can convert it to Bitcoin. My question, is it okay if I just remain minimal amount of Ethereum on my MEW and that will be the one who will serve as my transaction fee? Or should I convert ALL and the system will automatically deduct the transaction fee from the amount you'll be sending to your BTC address?


I hope I expressed my self clearly. Thanks guys!

also you can use mew as an offline wallet by simply downloading the file and view it on a browser, i think this is the safest way to use MEW which you have to use the UTF file too every time you access.


just put few maybe $10 worth of ETH, i think that could last for a weeks/month if you make transactions each day.  you can't store BTC in there too.

can someone here please give me advice , i made a noob mistake  , i send 0.5 eth from  ,  0xa57909Ca2D918a95672a7b8E8D0DCC2Ef485E252   ,  but the problem is that it is still pending , i send by mistake enough gaslimit but  i set the gas price on minimum  ( 1 gwei ) , will it ever confirm ?

what can i do to make this deposit working?

Hi guys, I'm just asking about ETH wallet.. Of me . about me my ETH I use is from apps installing it is using or not..? Myethwallet it was getting from apps only yes my ETH wallet.. Pls tell me..

[/quote]
My etherwallet is a online wallet where you're earning will be transfered so its very important. To created a wallet go to this link (https://www.myetherwallet.com/) . You need to enter a valid password and then you will receive you're private key.Then when you generate or unlock the private key you'll receive your address . Make sure to save you're address put it on a notepad or anywhere to save .

The misconception is addressed on it as online wallet

Hi guys

Hope to get some help on this.

An old MEW wallet had suspicious activity. So I moved all the ETH into another MEW wallet I set up.

I still have some tokens in the old MEW wallet tho.

Can someone advise the steps to move those tokens to my new MEW?

One of the ICOs I reached out to mentioned importing my private keys to the new MEW?

Need some clarity here.

Thanks!

1. It is true that MEW is a web based wallet, this also mean that this is an online wallet because it practically works online, transactions such tranferring is done through online so I consider MEW as an online wallet.


2. Yes you're right, this address singnifies the identification of your wallet. You can use this address to send or receive ET or even other coins supported by MEW.

3.The use of your private key for your security information whenever you open or unlock your myetherwallet. Yes you can transer to another wallet through the use of your wallet address.

4. Yes you're right your private key is the only one who can unlock your MEW while the address is the one you use when having transactions.

Same as friends, I am using Etherwallet too. It is easy to use. I suggest to you friends.

Hello everyone,
im new at everything related to cryptocurrencies, and i have a question about My Ether wallet. Currently im working on some bounties, and of course to get paid you have to give them your public ether address (again im using My Ether Wallet), So:

1. Do i need to have balance in my wallet to receive my tokens? or i just need balance if im planning to send them to another wallet/exchange?

I would really appreciate if someone helps me out  ???

Thanks for this forum. Now am clarified.

You don't need any eth balance in your mew address. You can receive tokens right away from your bounty managers and projects teams.

If you want to transfer them, you need eth there.

you better use a ledger its the safest way to store you crypto !

Ok I'll answer your question as the reach of my knowledge
1. Myetherwallet is an online wallet, but you can use it offline there is a section where you can swap offline but I didn't try it so I don't know how it works
2. Yes you can send any tokens you want to send regarding that you have enough gas to make such transactions
3. Yes you can do what ever you please on the money/ token on your wallet.
4. Yes using myetherwallet one private key for one wallet and this wallet can hold any token even if its not listed you can add it to add custom.

Hi
Maybe you can help me?
I saved my JSON from myetherwallet.

I struggle with the passwd (and I don t have my private key). I think I will find it but I need many tries.

I might be able to recover the passwd if I can do 100 or 1000 tries. But it s very not convenient on myetherwallet as there is a 10sec delay or so.
Any (easy) way I can try many password, ideally from a list I can make before?

I can use windows or linux.

Thank you for your help

What would be the difference between myetherwallet, and the eth wallet you get from other websites lets say blockchain.info for example ?

Also I'm pretty curious how the wallet with other cryptos that uses the eth protocol, since I was off cryptos when eth protocol become widely used

I don't see any wrong with your explanation, it is all right and true. Maybe the the I could add is by using myetherwallet, you store some of your altcoins there if the coin is listed in mew where it is safe to keep it and hold it in a long term.

difference between myetherwallet and the eth wallet you get from other websites is that mew supports all new and old altcoins/tokens. mew is also easy to use and widely supports major hardware wallets for a better management and transfers (e.g imports and exports ) whether  it is a coin or your private keys. though mew isnt 100% safe due to the fact that it was involved recently on many phising attemps therfor you should always look up and check the site address if it was spelled correctly and has an https or has a lock symbol.

MEW is one of the best ethereum wallet, it was a friendly user's and they are easy to understand. I think more users used this wallet because they were know that this wallet is safe and secured.

Alright, thanks for the information, so Blockchain.info ether wallet is not compatible with other altcoin and tokens using the ETH protocol if I understand correctly.

Anyway I'll getting one aswell nothing to lose and miss around with it to if it is better or not.

how to understand this? Insufficient funds. The account you tried to send transaction from does not have enough funds. Required 782160000000000 and got: 0.

Very new to MyEtherWallet. I have 2 addresses. When I go to MyEtherWallet.com,
 it automatically takes me to one wallet. How do I switch to my other address?
Been searching and it must be easy but, have not figured it out.

Any help appreciated. TY
Woody

What prevents an air gaped offline Myetherwallet application from creating a duplicate wallet address?

Hi I have a question, how do I sign out or logout of myetherwallet account after completed my transactions?