Bitcoin Forum

I want to invest in good quantity. but it is very hard to rely on hardwallets. MyEthWallet seem good in terms of ease of availability. I need to know if it is enough safe to use MEW?

MEW is an interface, technically speaking u're not storing ur tokens on the MEW site... e.g., u store ur data on some harddisk, microsoft windows is the interface via which u interact with ur info. having said that though, i wld recommend metamask at least (also another interface, but has better security, can interact with MEW too), if u have a sizeable am of eth or erc tokens. for highest form of security, go for hardware wallets. google them online.

Myetherwallet holds nothing. It's just a window to your private key. Util and unless you keep your private key safe, your balances would be totally safe.
But you need to be continues about putting your private address anywhere. There are a lot of MEW clone that would steal your private key and hence your balance.

MEW is safe if you take precautions not to click on phishing links and/or by using metamask with MEW. It is a good wallet to use if you like to store lots of ETH tokens but I don't feel comfortable storing large amounts there.

I used this purse for a rather long time, but then I got stolen tokens from it, I switched to metamasк and exodus.

No, I must admit that the amounts of ethers that I have managed to accumulate are very small, at most I have only had a couple of them, but in case of accumulating at least 5 ETH, I would definitely look for better alternatives to store them, because I do not think MEW is as reliable as many think.

MEW is a great purse for use. But all you need to read is how to keep it safe. You must keep it on a separate computer, or on a hardware purse. These are the safest views on how much I know.

First, MEW is not MyEthWallet.org --- it is https://www.myetherwallet.com/ . If you will be confused with the URL and make even a 1 letter mistake, for sure you'll be a victim of Phishing in the future.

Second, what project do you plan to invest in? As long as it's an "ERC-20" Token(s) you can use MEW to create wallet and access it.

Third, being SAFE depends on you.

• You'll be holding your Private Key / JSON file / UTC file which can be used to open your wallet - keep it in a safe place
• You'll be the one to visit the MEW site - make sure you are in the correct URL before unlocking your wallet

If ever your files were exposed or you visited a Phishing site, expect that your funds will be stolen and it's your fault.

---

Helpful MEW blogs:
Getting Started on MyEtherWallet.com (https://kb.myetherwallet.com/getting-started/getting-started-new.html)
Protecting Yourself and Your Funds (https://kb.myetherwallet.com/security/securing-your-ethereum.html)

I don't stored huge amounts on mew but yes I have a couple of tokens that I have been holding that are just in my mew. They say that it is not safe to store your holdings in mew but I think that is all up to the user. I have been using mew for a while now and I haven't have any issues or hacks happened to me. Those reports of hacks and missing tokens are more on user error.

Well, most of the coisn I receive on myetherwallet are from bounty campaigns and airdrops and most of them are sold after little time, so no, I don't hold large amount in wallets.

according to what I feel, wallet hardware is safer than Myetherwallet. but myetherwallet is also safe enough to store your assets, you can also use metamask to protect the security of your account.

Do you think the $ 2000 number is big, or is it still small?
I have saved that amount in a few weeks, before I finally withdraw from MEW. and nothing, everything is safe.

You are not storing anything in MEW, no one is storing anything in MEW, this has been explained several times and it is mentioned on their website as well, you can use MEW if you like but take the time to understand very well what you are doing, in order to avoid a surprise in the future in which a hacker is able to steal your coins just because you were careless.

why is it so hard to use a hardware wallet? they are extremely simple and easy to use

You can hold large sums with the MEW interface.  It's perfectly safe as long as your careful and go to the correct site and such.  No need for fancy hard wallets. 

all ethereum wallets can be opened on myetherwallet because that website only interfaces.

I think you should be careful when saving your assets, many fraud sites will get your private key, I advise you to use Metamask when you want to make a transaction, it will keep your assets safe from phishing sites, you can visit phishing sites that are still active until now https://etherscamdb.info/scams

You have money but you can't buy a hard wallet  ;D?  In investment, preserving capital is the most important thing. Holding a large amount on MEW is not safe for you. You can hack all asset when you access in phishing site or something like this. Be careful. Let's get a hard wallet.

Safe or dangerous use is up to you.
Rather, you are the holder of your account and must know how to protect yourself.
Do not expose private keys, passwords, and keystore / json files.

i hold around 25 grands on my ethereum wallet. combination of token and ethereum. it is safer than any other wallet.
I advice to use hardwallet and secure your privatekey.

You explain it well mate, highly recommended is MEW for holding your coins. You are the one who keeps responsibility for your account by keeping the private key to a safe place. But beware of phishing link it might be got all your fund. So, MEW is the best one for you mate..

Myetherwallet is absolutely safe, just never post your password or private key at some suspicious page or any place where it can be accessed by someone, online security is mostly one's own responsibility.

I cast-off this wrinkle championing a measure abundant extent, however so I got taken disc from it, I twitched to metamasк and exodus

There are just so many hacks of mew addresses that I wouldn't dare to hold some bigger amount of tokens there. I would trust even exchanges more than mew. On hard drive, desktop wallet, without 24/7 access to internet. Of course there is a problem that not all erc20 tokens have their wallets, but then, you wouldn't hold that kind of tokens in large amounts.

actually it's safe, sir, but if your eth is quite a lot, I think you are more cautious, eth events suddenly disappear in your wallet are not new. I think you should be more vigilant

safe for what? this guys is trying to promote the scam platform dude. how can you say that as a safe site? Myetherwallet.org is a scam site that has created by scammers. This guy was misspelling myetherwallet to the myethwallet. this kind of thread to promote a scam site.

I’m not sure what to say as there is nothing as myethwallet.org
Maybe  this isn’t first time hearing about it
Don’t get phished
Don’t be deceived eiTher

It is Myetherwallet.com and you must bookmark this page
Don’t be a victim of fraud

To your question, yes I hodl tokens in my wallet

OP i think you are pronouncing the wrong site It should be MYETHERWALLET.ORG , which more safe and secure to use.

You have to take some security steps of not to use in public computer and always check you system with antivirus. Dont download unnessary software and dont be greedy and download any exe file from any offer which give you any bonus or free btc. Apart from this the wallet is very secure.

I think it's very safe, because I have hold my coin for 1 more year in MEW and until now the coin that I hold is still safe, all you need to do is never enter your private key on any website and tell someone your private key, because it's very dangerous for your coin security.

It is actually safe if you never use it with private key. I mean, you should take very caution when you transfer your ETH or tokens with your p.key.
To prevent you using private key every time you want to send ETH or tokens, you can put your MEW into metamask using private key just one time.

I think you are mis-spelling the official website or you might be unaware of official page.
May be some members like you are using different online wallets but if you are looking to hold ETH and other  ERC-20 assets, then it should be always MyEtherWallet.com

org? I think it is .com and btw I want keep my private on my own. I don't believe any website or exchange.

Depends where you live. With $2000 you could live good life for 5-6 months in some Asian countries meanwhile it would be one month's rent at some places.

The confusion many people make is to believe that there is 1 ETH and that you can store it somewhere in the same way you do with a photo.jpeg.

There is no such thing. Just as you can not save 1 BTC to your flash drive, you can not save an ETH anywhere. What exists is a public ledger. That is a blockchain. And you can just save the access keys to it for a certain address.

Therefore, MeW is secure if your access to it is secure. It does not store anything and the only risk it has is when you access it or if someone can get your private key.

The hardware wallet would be the best choice in a case of security, it has more protection than just by using MEW.
Cause the data are stored locally and it get fully secured.

Each wallet has its own safety precaution but as a user we are responsible when we use it.

Many discussions in the forum and that's enough to say that you can use MEW or you can also use metamask but the best wallet to keep large amount of ETH is through hardware wallets. Purchase them trezor, ledger nano s or keepkey any of them will do.

If you wish to keep a big amount of ETH or other coins, it will be better if you consider to have a hardware wallet, cause it will be a lot safer than just using MEW.

MEW is the official wallet of the ethereum platform and I think all ethereum communities or erc20 tokens still trust and store all of their assets in MEW. There are indeed many other alternative wallets, but MEW is a safe recommendation wallet for everyone and I don't hesitate to save large assets there.

actually I don't really make MEW a problem, even more important than MEW is our private key
with private key, we can send and receive ETH via Mist, MetaMask, Parity and MEW. So in my opinion MEW is safe as long as you are not fooled by phishing websites
and wallet hardware is safer, than web-based wallet or software

Myethwallet is very safe and convenient.I have been using it all the time.You can store your token to use it.But sometimes you have to be careful about phishing sites.

no matter you save your token in the application or another erc20 wallet application, the most important thing is that you make sure that your private key is safe.

there are many people who store altcoins in large quantities. but the link that you link to doesn't exist, and it's likely to have been suspended due to phishing accusations. and the truth is .com not org

I use MEW, cryptocurrency I have there is not a lot, but never had any problems, so I advise everyone to use MEW. Very convenient to transfer money and many new projects are created on the blockchain and Etherium coming to the purse of MEW.

most cases that occur in theft of the wallet will result from the user's error and negligence. all this time I remained safe with my wallet, there was nothing that caused my token to disappear in a hack by someone. so the point is safe as long as you are always careful and careful especially in terms of your pc's security

Even if there is such a person here, I think you will not want to make it clear. I wouldn't do it. It would be a direct target. Isn't the most important feature of crypto coins anonymous?

Is anyone having trouble with MEW today? I logged on and cannot load any of my tokens. Tried to custom add a token and it says "Default Node Does Not Exist"  ???

For now, MyEthWallet is still safe. At present, tokens theft is due to phishing sites. I think as long as we can prevent phishing sites. Then your tokens will not have any problems.

I hold most of my tokens on a keystore there, pretty reliable, but i wouldn't put thousands of dollars there without using ledger.

Thanks, man. It's definitely not a phishing site, I went in through my bookmark and verified all the permissions. When I check my account on Etherscan, my tokens are still all there in the account. It's only on the actual wallet that they're not loading. Which is a problem, because that means I can't send them out to another address.

It's important that you bookmark favourite sites that you visit, especially as you spell myetherwallet.org the way you did. Having said that, I think it's safe to use so long as you keep your private keys safe and you don't enter them on phishing/malicious sites. I certainly would hodl thousands of $$ in a hardware wallet.

I have my whole ETH investment and other erc token on my MYETHWALLET.org only and i totally believe in it. It is only the fault of the users which lead them to hack their wallet, So for that we cannot blame the wallet performance. If you use all security features fully then their is no chance of getting hacked.

Firstly please dont open this kind of threads. Newbies can try to use that with wrong URL.
You can reach true and legit MEW with that URL --- https://www.myetherwallet.com/

and my answer is yes. because when we are using mew it is not mean we are storing our eth to mew.
Mew is only a interface for providing us to reach our wallet. You can also use mew with your hardware wallets like Ledger.

MEW wallets is used by lot of people for storing large amount of funds but if you are going to store them for long termpurpose then better go with Hardware wallets which only cost you about less than $100,and most of the ICO teams holding their fud in MEW so it is capable for large funds but you need to be aware of phishing links.

In any case, now the safety of your funds depends only on your caution and attentiveness. Not the appointment of hardware wallets or MEW, anyway, security depends on you.

MEW is just interface and all funds are stored on the blockchain internally . If you still can't fully trust MEW because of it's web interface you can use offline version , which could be found on their official page . It will be absolutely safe until you connect your storage device to internet.

I know for sure and I can tell you that this is one of the safest wallets that can be found in ethereum. can still use blockchain info

I would say MYETHERWALLET is safe if you store your private key/JSON file in a secure place,you had better to store it in offline pc or usb and keep it secured.

OP, the MEW website address is wrong. I think you should change it to avoid misleading people. Yes, I think MEW is a good wallet but users have to be responsible in the wallet security. It is good to use MEW with hardware wallet for better security.

Which large amounts are you talking about? You are asking about eth based tokens or purely about eth?, personally i have never faced any trouble or issues with mew and i think it is safe to store your assets there if you can keep your private key and password safe.

I still think that if you have a lot of ETH, then it’s best to buy yourself a Trezor which doesn’t cost that much, better just take it and buy it so that there are fewer questions, I think it will be several times better.

Most of the ICOs are now on the basis of MEW, so 99% of my assets are on it. However, I don't hold everything on one,i own about 10. But here, of course, there is an inconvenience ,it's necessary somewhere to store all the keys and a little uncomfortable to constantly think that if I lose ,they will be impossible to recover. And there's nothing we can do with it. But responsibility entirely on me, it suits me.

Due to previous bad experiences, I am not in favor of accumulating large amounts of cryptos in any wallet, so when I have had the opportunity to gather significant amounts of ethers for no reason I store them in a single wallet, but I distribute them in a large amount of wallets although that implies an extra effort when trying to keep an adequate control of the multiple addresses in which my ethers are stored. And I think myetherwallet is a good place to hold your ethers, as long as you take all the necessary measures to protect your coins.

It is very rash to keep large sums on such wallets. I keep only small amounts on MetVVallet, the rest I keep on the hardware wallet.

If you have a large number of coins, it'd better if you store them on cold-wallet, more secure than Mew.

He was talking about did you hold large amounts of ethereum in myethwallet.org that can be considered as a scam site. This kind of thread to promote that scam site. i remember about that.
You should read all of the words properly before try to write anything to answer that question.

fortunately or unfortunately for me, I do not. I do not think that myetherwallet is such a bad site to hodl your coins though. As long that you make sure that your connections are safe, and that you keep you private keys and any other detailed information safe and secured, the you are good to go.

I am using MEW for a very long time,  I have not encounter any problem. Just keep your private key safe and bookmark the page to keep you away from scam site. For big holdings better you buy a cold wallet.

I will not like to hold a large amount in Myetherwallet. If you look in this section, you will find a lot of MEW accounts get hacked! Hackers are very familiar with myetherwallet ! Why do you think Hardware wallet is hard to rely on? Rather hardware wallets are the best without any doubt. You can ask every single person in the crypto, 95% People will tell you hardware wallets are far better than Myetherwallet.

Use MEW safely. This is the main purse for altcoins, which is used by everyone. But if you want to store large amounts on it, then you should take care of security, it is better to make several wallets and distribute your funds between them. As a precaution.

MEW never generates an account though, when you use MEW you are essentially generating a private key for an address and not a MEW account. You can use the private key to log in everywhere else besides MEW, the only thing that got so many people hacked are how they could easily give away their private key when in the process of logging in to their address

I use MEW before i think is safe to store your coins but do not stroe all your coin in one acount
Why p? to keep it safer if any case hackers attack
MpMEW has have strong privatekey but you need to keep it well safe becuse if lose it all your investment gone

I think that large amounts need to be stored on special devices, where there is no access to the Internet, I do not yet have a large amount, but I hope that I will need a device soon)))

They also could do more downloading of the main wallet instead of buying hardware wallets.

Are you saying that MEW is not safe? IMO, MEW is safe as long you don't fall victim on phishing websites but of course you should spread your wealth into different wallets if ever one wallet is hacked then you still have something left.

first thing is myethwallet.org does not exist. Either you are trying to diverge people to a fake page or you are really unaware of MEW.
Correct URL for MEW is MyEtherwallet.org

Now, your statement: It is very hard to rely on hardwallets is entirely false. The most reliable wallets are hardware wallets and not the online ones.
Its always good to go for Trezor or Ledger Wallet.

I don't hold any coins there as I am not sure about the safety of that wallet. I accept only hardware wallet. A hardware wallet is the safest one for me.

I am not holding a big amount in Myetherwallet, because I feel binance or Bittrex Exchange are safer than Myetherwallet wallet. ;) It is not a good decision to hold a big amount in myetherwallet. You can use metamask if you don't like hardware wallet. I would not recommend myethrwallet for big money holding! 

For me, MyEtherWallet is safe. The level of security is in our way of keeping our level of caution.

I hold there some Ethereums, it is safety untill your PC is safe.
Also it depends how do you access it, if you use reccomended methods -thats ok

Well I was, I was holding a large amounts of token in myetherwallet and it is very safe actually because I'm very careful if on internet, not clicking other links than the original one because I use bookmark. Safe or not it depends on you mate if you just click without checking again then mew is not a right place better use TREZOR for that

I think it will be very safe if you keep your private key and Keystore / JSON File safely, the wallet you have will also be very safe, but don't let you log in incorrectly and make sure the website is not a phishing link or a fake website, you must be careful to avoid the risk.

As long as I use myetherwallet, I feel safe and secure, making insecurity is your own way of maintaining your wallet. During this time myetherwallet has always improved its security, besides the user's responsibility to maintain their wallet, store it in cold storage

I would use something like Metamask or something where you don't have to use a private key. I've had one stolen and it really sucks. Stay safe out there.