Bitcoin Forum

I used to have myetherwallet adress and i never list the password of myetherwallet in my notepad,only the eth account adress and the private keys which i think this are only the important to save.
My question is?
Is myetherwallet password is important when i need it to exchange my rewards into fiat?or only the eth account and private keys?
Hope you mates can help me clear this out.

The private keys is the most important, it mustn't get to the hand of 2nd party even your biological brother if you choose. So to change your eth to fiat, then you need to login to your myetherwallet with your private key so as to send the eth to whoever's buying from you in exchange with fiat.

AFAIK you don't need any password if you are importing a wallet via privatekey. Perhaps you are opening your wallet with a Keystore / JSON File?


Your password is ofcourse important if you are opening an encrypted wallet like what I mentioned via Keystore / JSON File. You will not be able to access your wallet without it. As for trading your coins with fiat, it will not require you to input your password when transferring your coins to an exchange. Just enough coins and eth to cover for the gas fee.

Refrain yourself from worrying mate. Although MEW password were imperative but it is quite not that too important. As long as you have both the private keys and account address secured, you are good to transact anytime you wish. Be positively sure to have a copy, not only one but two of those very important datas. Those were your life in the crypto world.

Password is not more important than private key. For myether wallet no need password and all. You should have your private key safely to exchange. So don't bother about password

Nope, you can access your account directly by private key when you want to send out some ETH from your wallet.
But it's not recommended to do it due to safety of your wallet

I think your question is whether your mew password is important and yes it is. You will need it to open your account when you want to deal on your coin to assure that you are the owner of the address. Sorry if you have lost it.

All you need to access crypto is your private key. You can go to myetherwallet.com and choose import private key, then you have full access to your funds.

You have 2 ways to log-in.

If you have private key, you are good.

If you have json file with pass, you are good.

If you have both, you are good.


If you don't have neither, that means you won't see your tokens again.

Loosing your ethereum wallet password is not enough to loose access to your digital assets because, what you actually need to access your finds is importing your private key and your good to go.
Reason why , we must guard our private keys jealously.

If you have a private key, you don't need to worry about it.
Because you can import the private key into another purse

I also never save passwords when making a wallet on MyEtherwallet, the main thing is to save the private key safely, so that you can send it to another exchange or wallet.

Its private key all you need. Don't worry man.

I am really not surprised to hear this because many people have asked this kind question,the password you created during the opening process of MyEtherwallet is not as relevant as the public key and the private key because it's not used when you want to transfer your tokens, so don't be afraid. It might be relevant when you loose the public and private keys.

Without your password, you will be unable to perform any operations on your MyEtherWallet. The Private key is your backup and recovery tool because if your seed file is lost or corrupted you can recreate from that. You would need to create a brand new wallet and start again by importing.

If your forgotten your password in myetherwallet that's okay because you can also access your wallet using your private key but that is risky way of accessing your myetherwallet because if you access your wallet on phising site the private key would steal to you.

Your MEW password is not that important, so dont worry about it. The most important numbers that you should keep safe are your ether wallet address and the private keys. Keep it very safe so you wont worry.

LOL Myetherwallet not using password! Myether is using private key ! If you don't save your pk so you will lose your money! 😀😀😀

Private key is good enough to get the job done. This is something which you need to store safely(Cloud storage servers preferably) in order to make sure that you don't lose it at any point in the future helping you secure your funds. Don't worry about passwords. The private key alone gives you access to everything you need including your Ethereum address. Metamask is another security measure which I recommend.

Transactions can be done anytime, if your security key is known and your address as well. so, it is always safe to store your key number in a very safe place, so no leak occurs. Normal account password is only applicable if you are accessign your wallet using JSON File.

As far as the password is concerned, there is no need to worry so much about it. Your main concern should be the private key number. Do not let it disclose to anyone, not even to your family. Memorize it well.

no, save your privatekeys, but do make sure the private keys are definitely fro the account that you have just backuped. look at your coins online and check your private key is REALLY belonging to that address.

The most important is your private key and your wallet address, with this two you can transact freely without issues. Although password was requested for while opening the account but yet, it has been ever requested for during transactions.

That’s really a bad news at all but be patient.  Get help from experts because they can give you the proper solution.

The password is needed only for accessing your account. But, if you have your private key secure and you remember your address you can make transactions anytime. But, make sure to store your private key somewhere safe. If you lose it, then nothing can help you. However, the password is only important if you are accessing your wallet through JSON File.

Private keys are more important. I don't think that you will forgotten your password, password is needed if we will need to log in in our myetherwallet address which I think is also important but the most important in myetherwallet is the private keys because will not able to access your wallet anymore.

The most important keys that you have to save is the private keys and the public address. In myether wallet the password is not neccessary to transfer your funds or convert your eth to usd and send some eth to ther wallets address. So you don’t have to worry that you forgot your eth wallet it is not neccessary.

First question, whats a myetherwallet password??

Your account, your id, your password, everything is your private key, if you are talking about your JSON file password, till the time you have your private keys there is nothing to worry about, you can redownload JSON file and allocate a password.

Condolences with you, now, probably does not have an effective way to solve the lost wallet file pass (if long pass and many special characters)
Be careful next time!

I think that password used only to create our private key.  So our private key is made based on our password.

If you loose your password of mytherwallet,it doesn’t mean you can’t take any more access to your account. Private keys are more important here to get access and exchange rewards.

you are password is very important , even your private key can't help you if you don't have the password,  so it is better to follow the tutorial and recover your password as soon as possible, and remember if you can't protect your password you account will be in trouble

It's not a matter of panic to forget about your EtherWallet password as you have your private keys and Json key. It would be possible for you to transfer and withdraw your coins with the key you have. But I will suggest you contact MyetherWallet support center and try to recover your password ASAP as it will make your account safer. You will not lose control over it. you may also transfer your most of the balance if you can't make it.

If you forget you myetherwallet password don't be upset. you can enter your wallet by using private key. Private key is more important so do not share it other.

Private key is more important although when you are going to transfer your coins into any exchange you should have to need of private key, especially in MEW private key is more important not password.

Etherwallet clearly stated  on its T&C that they do not hold your password and will not provide assistance for password recovery. I think MEW is designed that way to absorb the admin of any responsibility for any loses that may occur to MEW users. So, don't waste your time and energy contacting them.

You can enter your wallet again with your private key. And you can also make normal transactions. Your private key is very important and necessary. Do not share it with anyone for your own sake.

just keep your private key in safe place,,
password is not important in myetherwallet if you still have the private key you will be able to open your mew or sent eth/eth token from your mew

If you have pvt keys with you there is nothing to worry.

Password becomes important when you lose your pvt key. Then you will need password and Keystore file to unlock your wallet. I would still suggest you to move your funds to some new mew wallet. So, that you can have access to pass as well. There is nothing wrong in having to options to unlock your wallet when your savings are in it.

You can opt out to open your wallet via private keys, but be it noted it is not recommended. Specially when you access a phishing website then you are doomed. It is risky to have it that way. Better yet change it to a hardware wallet now, a lot safer than any other wallets now.

if you lose your password or private key, it's useless to save the ethereum address, because the type you want to transact is the private key or password, and you must be careful not to let anyone know or you give your private key to someone other,

Do not transfer the private key to anyone. And to exchange it is necessary to go into the purse and transfer coins to the exchange. If you lose the key to your wallet, you will never open it

The password isn't more important than the private key is the main security for your wallet. Make sure you always keep it in a safe place and not share with anyone. But you may not be able to access your wallet without the password.

Forget password with MEW wallet is not too important because the principle when dealing only need to own address and the private key is able to access e-wallet anywhere in the world. So forgetting the MEW password will not matter, just having a private key is enough.

Passwords in MEW are one of the ways to access your wallet other than its private keys but remembering both is ideal but and recommended as losing your private key would means losing your wallet forever. Other than that getting other means of security in your wallet is essential. For instance using metamask to access your MEW to avoid being hacked in exchanges such as etherdelta or using hardware wallets such as ledger is a must.

To make transfers you'll need private key and the address, there is no need for password there. However, if you are trying to access your wallet using a JSON file then you'll definitely need the password. I hope contacting the support will help you with recovering your password though there's a very low possibility of it to happen.

Don’t worry, though MEW password is important but not more than your private key. You can do all your transaction using your private key. But if you are opening an encrypted wallet, you cannot access your wallet without it.

if there is a private key it doesn't matter to access the wallet, because with us having a private key we can with whatever you want to change the password that we have and I don't think you need to worry about that

It is like our pin code for our bank's ATM that we need to remember.  In our wallet case, since it is too long to memorize, we must have a soft copy of the password that only you has the access on it, you could also print it and have it kept safe for emergency use.  Our income depends on our wallet as well.

Private keys is enough to open your myetherwallet address if that is the one to intend to open.

My question is?
Is myetherwallet password is important when i need it to exchange my rewards into fiat?or only the eth account and private keys?
Hope you mates can help me clear this out.
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No, you don't need your password anymore when you want to trade your tokens into fiat as long as you have your private key in Myetherwallet. If you are talking about exchange then yes, you really need your password on that particular exchange, you should not lose it.

I make hundreds of transactions per month with MEW and you do not need the JSON or password file.  Only the Private key is necessary to access your funds.  Keep this private, safe and backed up.

Maybe you are confused what is the use of that password when you created your myetherwallet address. That password is useful when you will open your address via JSON file. It is more safe to open an address via JSON and your password than opening an address through private keys. Either of the two can still open you etherwallet address when you want to transfer your tokens to an exchange.

Password and JSON files is one way of accessing you account or Myetherwallet address. In fact it is safer to use this method than accessing your account via private key. On the hierarchy of option to access an etherwallet address, private keys are the last option as this is not recommended way.

In as much as your password is important in the MyEtherwallet ecosystem, especially when you loose your private key, the two most important keys when it comes to reward transfers  are the private key and the public key(Address). A loss of private key is detrimental to your business health.

Maybe you are confused what is the use of that password when you created your myetherwallet address. That password is useful when you will open your address via JSON file. It is more safe to open an address via JSON and your password than opening an address through private keys. Either of the two can still open you etherwallet address when you want to transfer your tokens to an exchange.
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Neither of private key and json file with password is safe enough on the MEW platform. But, relatively speaking the pair of json file and password is safer because it requires 2 seperate variables. In other words a hacker who gains access to your password can do nothing without the json file, but with the private key alone the hacker can steal from your wallet.

Thats too bad the private key is the most important thing, if you lost it there's no way to open it again. If you have money in there its a loss.

As I know password is the most important thing for any account. But in case of here private keys are important than password. With private keys you can access to your account .

It is not that important. I also don't know passwords from my eth account. Private key is all what you need to know.
 I also recommend you using Metamask extension to keep your private key in safety!

The private key is the most important thing for you ether wallet . It is the main thing and it could not be retrieved . It should not be lost and if it is lost , then you could do nothing about it !

If you lose them you can no longer access the wallet so they are as importan as your money you must have known it, but if you lost them on computer you may find them as well.

Ah, this is bad. I guess you meant your private ket by the way, cos that's what Myetherwallet uses, not passwords. You should check thoroughly for it. Maybe check your files, or any where that you keep information like that. Hopefully you get to find it, otherwise I'm sorry to say, but you have lost access to that account cos there is no way it can be retrieved.

Password is not required actually. It requires private key only in order to have access to your wallet and send fund. However, in case you face any problem, you can download metamask and import your wallet.

I'm sorry, but I think that there's nothing to be done, you need to either look for a key and password or forget about this purse. I think that this is the main rule of every Holder who holds tokens, he must take care of the keys and passwords.

actually the private key and password are only for opening your account and there are several ways to open them, one of them is your private key and password.

Do you mean private key and not password? If you mean private key, then I hope you do not have any coins in there, if not, this is me telling you sorry, cos I think you might have lost them. I don't think that there is any other way that your private key can be retrieved, this is why it is always advise to be kept somewhere safe, and secured, but easily accessible.

Both are important, you should store it properly, saving it to
your pc is not enough, perhaps prepare a backup for example
a USB.

As I understood, he lost only password, not private key. With pk you can manage your assets without any problems, so everything is okay.

you will need your pass if your keys are encripted, and they should for sure be encrypted particularly if you have decided to save these to a file and place it in the cloud or similar.

As far as I know password is not that important what matters most is the private key it is the most important that you need to keep or store in a safe place.

You could easily use your private keys to login and do whatever transactions you wanted. The password we create during registration of a new eth wallet is used to generate Your private keys. Private keys is another way is used to unlock wallet.

you are fine as long as you have your private key

if you have your address and private key, then you are good to go, but make sure you don't lose any of those!