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Author Topic: What is myetherwallet.com  (Read 1480 times)
atomicgroup
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July 10, 2018, 12:45:23 PM
 #61

Myetherwallet is a ETH wallet which support the ERC20 tokens, many ICO's now a days using ERC token to send you and only some wallets support ERC tokens. No exchange wallet can be used to get ERC tokens. There is only one disadvantage of myetherwallet is that if you lost your private key, you lost all your coins in the wallet. Save your private key in safe place otherwise you cannot retrieve your coins.
I also agree with you and yes, the only key you need to access your funds in the wallet is your private key and when this key is lost, you will be unable to access you funds. That is why it is advisable to always keep this key very private and avoid disclosing it to a third party.
Honour423
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July 10, 2018, 10:38:28 PM
 #62

I would always be concerned if it involves storing my private keys online.  Things get hacked and if your private key gets hacked, you can lose everything.
lecongchi18091991
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July 11, 2018, 02:28:15 PM
 #63

"can we use it as wallet to store our ETH"
Yes, we can use it as wallet.
"can we convert token to ETH or BTH using myetherwallet.com"
Meytherwallet is a wallet to  ETH, not BTC, you can't covert token to BTC
Kaznachej123
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July 25, 2018, 10:12:11 PM
 #64

Greetings folks! Here is some Exciting News! Wanna be a Beta Tester for MEWconnect!???
If you have an iPhone (Android currently in the works), email us at: MEWconnectBeta MyEtherWallet.com!
Also, checkout our Medium post: https://medium.com/@myetherwallet/mewconnect-our-free-to-use-hardware-wallet-phone-app-beta-version-is-here-b5f9eae30119
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