RolandoBTC (OP)
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July 31, 2018, 04:24:07 PM |
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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.
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Olayinka225
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July 31, 2018, 04:53:25 PM |
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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.
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jacee
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July 31, 2018, 05:14:24 PM |
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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.
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? 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. 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.
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AteenaD
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July 31, 2018, 05:15:35 PM |
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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.
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.
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speedy1987
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July 31, 2018, 05:18:02 PM |
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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.
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
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tegarp90
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July 31, 2018, 05:20:40 PM |
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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.
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
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gantez
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July 31, 2018, 05:23:10 PM |
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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.
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retprogramisto
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💡 Websites, scripts for BTC web4crypto.xyz
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July 31, 2018, 05:25:16 PM |
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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.
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beeelzebub
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Bcnex - The Ultimate Blockchain Trading Platform
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July 31, 2018, 05:31:10 PM |
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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.
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Nnedaddy1
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July 31, 2018, 05:36:49 PM |
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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.
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Anniee123
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August 03, 2018, 05:46:24 AM |
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If you have a private key, you don't need to worry about it. Because you can import the private key into another purse
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Peterdav
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August 03, 2018, 05:49:34 AM |
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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.
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Scientest
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August 03, 2018, 05:50:21 AM |
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Its private key all you need. Don't worry man.
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cryptogeek101
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August 03, 2018, 06:00:52 AM |
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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.
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.
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UAE Seasider
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Helios Protocol https://discord.gg/cpzAEMB
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August 03, 2018, 06:01:56 AM |
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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.
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santouao
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#SWGT PRE-SALE IS LIVE
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August 03, 2018, 06:07:49 AM |
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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.
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Danisababy
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August 03, 2018, 06:17:08 AM |
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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.
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Kuningkuning1
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August 03, 2018, 06:17:52 AM |
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LOL Myetherwallet not using password! Myether is using private key ! If you don't save your pk so you will lose your money! 😀😀😀
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3kpk3
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August 03, 2018, 06:21:59 AM |
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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.
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passioncrypto
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August 03, 2018, 11:44:19 AM |
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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.
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