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June 25, 2018, 11:17:38 AM |
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Is MyEtherWallet the best option for ERC20 tokens ?
It is a good option if you are participating in Ico and you have acquire new tokens, but they are not the best wallet in the market, the majority still consider hardware wallet as the best option to store your ethereum based token and many have proven that.
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JamescrypTrader
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June 25, 2018, 11:23:31 AM |
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If you have no option then MEW with the private key will be best. But f you want to assure security for your token I will suggest you to go with Trezor or Ledger Nano S.
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daarul50
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June 25, 2018, 02:23:42 PM |
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Now, MEW is only used by temporary token holders so they can trade in various crypto markets because when we sell a token with MEW wallet we are given the convenience of private key, json data, and others. After the token holders have benefited from the trades they prefer to use to exchange the tokens with bitcoin or ethereum coins and store them in the wallet they trust.
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bitmattrix88
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June 25, 2018, 02:30:15 PM Last edit: June 25, 2018, 09:16:00 PM by bitmattrix88 |
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Is MyEtherWallet the best option for ERC20 tokens?
Highly recommended for hold ERC20 Tokens in MEW. because of its best smart contracts wallet. we can store any tokens before releasing to exchanges. its good chance for ICO Investor, Airdrops, and bounty hunters. But there have some issues with security. once lost its private key we can't recover it. So we want to be careful to secure our private key or UTC File.
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Lisa110386
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June 25, 2018, 02:30:33 PM |
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Of course the most reliable hardware wallets. If you have to use Erc 20 tokens, I advise you to use it instead of MEW-MyCrypto, it also has a desktop version. Its interface is the same as that of MEW and supports all the same tokens.
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eaglewhite80
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June 25, 2018, 02:36:21 PM |
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If you have no option then MEW with the private key will be best. But f you want to assure security for your token I will suggest you to go with Trezor or Ledger Nano S.
Sure, the idea of having access to your ERC20 token is to have your private keys which MEW is a very good option but based on security, and having to login with private keys all the time, I feel making use of MetaMask is still the best. You still have your private keys, you can login straight via MEW with Metamask and carry out every necessary transaction without having to use your private keys and this at least prevents you from phishing attacks. For me, if you do not have cash to purchase hardware wallet, this is still much the best option.
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HaroldConway
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June 25, 2018, 02:38:09 PM |
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Is MyEtherWallet the best option for ERC20 tokens ?
Yes Myetherwallet is the best for erc20 tokens It keeps your information safe and protects your token It also provides cheap gas fee to send out tokens and it can be logged into metamask, ImToken apps For ease and convenience Never compromise you private key, YES! MEW is the best option to secure the private keys and the token without harmless and it is easy to use.
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babarian
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June 25, 2018, 02:39:29 PM |
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Is MyEtherWallet the best option for ERC20 tokens ?
until now I still use myetherwallet (MEW) as the best wallet for tokens that have smart contract ERC-20. although some time ago the website never experienced a hacking disorder in its domain but I am sure all of it has been fixed properly
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BITSPANISH
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June 25, 2018, 02:40:27 PM |
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Of course at the moment I think MEW is the best "free" wallet for ETH and ERC20 token ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . You can store all ERC20 token in MEW as you want and it's really ez to create a new MEW wallet so you can get as much as MEW wallet as you want as well. But for now, MEW is not really safe so I can see that people is changing to use coldstorage wallet like Ledger nano S or Trezor to store their token ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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APICEMTECH
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June 25, 2018, 02:41:22 PM |
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Myetherwallet is just the user interface that we use to access the ethereum blockchain. All erc20 tokens are saved on the chain and not on the myetherwallet website. So you can use any of the services to access the ehreum blockchain. Just keep your keys safe, or better, use a hardware wallet.
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que91
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June 25, 2018, 02:50:33 PM |
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MEW is not the best place to store ERC20 token but I think it's still good to use although there are so many hackers are trying to hack your MEW wallet out there ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . If you wanna improve secure of your MEW wallet, you can use Meta Mask, it'll make your MEW much safer and it'll make hackers hard to access to your wallet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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BitcoinTurk
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June 25, 2018, 02:56:00 PM |
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Is MyEtherWallet the best option for ERC20 tokens ?
Since I am the only ERC-20 wallet service I use, I can not compare it with other services, but I can often say that I am satisfied with it. I have many positive reasons such as not experiencing any problems, not having any problems. Nevertheless, it is imperative to use other services for comparison. At least those who have used other services should also value their comments.
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hasmukh_rawal
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June 25, 2018, 02:57:56 PM |
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Myetherwallet was one of the best wallets for holding tokens until it was compromised lately. Apparently hackers had compromised myetherwallet and this is the reason why it is not safe anymore as it once used to be. It doesn't mean we should stop using it. Although it was compromised, it still is a better wallet than most other wallets. The benefit of using MEW is that it can hold almost all the ERC20 tokens that are created. If you don't want to use MEW then there are many other wallets which you can use and my personal favorite amongst them is Eidoo wallet which supports many tokens.
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RDNX
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June 25, 2018, 02:59:53 PM |
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Is MyEtherWallet the best option for ERC20 tokens ?
I heard that myetherwallet is not safe anymore because of their DNS problem. So, I suggest you move to another wallet such as Mycrypto or Blue wallet.
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batang_bitcoin
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June 25, 2018, 03:07:19 PM |
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Of course at the moment I think MEW is the best "free" wallet for ETH and ERC20 token ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Despite being free there's a risk if you keep on depending with free wallet. I'm a beginner and MEW suits me. I distribute my tokens between exchanges and the mew wallet. Yes, it is not safe to keep on the stock exchanges, but if I need to quickly sell I can do it.
It is what most do when they don't want to spend that much with fees but you know the risk so I won't explain it further. Without budget = MEW With budget = Hardware wallet (Ledger nano s or Trezor)
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mamarried
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June 25, 2018, 06:11:16 PM |
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I think so, it is very comfortable to store them, transfer and hold... I am using myetherwallet from the very beginning for all of my bounty tokens that I get.
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boss82_big
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June 25, 2018, 06:13:11 PM |
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Is MyEtherWallet the best option for ERC20 tokens ?
At the moment, as for me, this is a very good wallet for such tokens, I started using it as soon as I got on this market and I'm not sorry that I use it now, so I advise everyone.
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Panpan66L
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June 25, 2018, 06:18:43 PM |
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Also I like the waves wallet but it supports not all the erc20 tokens, so Exchange wallets, some of my coins are stored there...
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pdutta
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June 25, 2018, 11:07:38 PM |
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Myetherwallet is the best wallet for store Erc20 tokens. Myetherwallet is hacked frequently So better to choose any hardware wallet like Trazor and Ledger. I am using Trazor hardware wallet to safe my coins.
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freya louis
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June 25, 2018, 11:20:38 PM |
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Yes. Myetherwallet is a great choice to store the ERC20 tokens. Many people believe in Myetherwallet. Me, too. Now many people are sending fake emails to trick us so he can steal all our tokens. Be careful ... Myetherwallet is safe as long as we do not access it at a place.
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