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Author Topic: Is it secure to use MyEtherWallet?  (Read 36030 times)
Hueristic
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August 20, 2018, 06:50:45 PM
 #161

I want to create new wallet using MyEtherWallet(dot)com, is it recommended wallet and easy to use?
myetherwallet is the safest Etherum wallet to use in the entire market and it doesn't even save your data or private keys it's all with you and it just lets you connect for a short period of time with the ethereum main net just by typing your private key or uploading your wallet file and once you close the tab of browser your data is erased from the website, but there was a dns problem which hackers took advantage of and stole many people's tokens but that was all people's fault and not due to mew.

No that was not the peoples fault (except they were stupid to use a webwallet) it was an inherent security flaw in the design of the internet and is why you should NEVER use a webwallet.

Idiots use web wallets.


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tarpa07
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August 21, 2018, 12:04:27 PM
 #162

I think it is not secure to use my Ether wallet. a couple of months ago I was a problem because my account was hacked and I lost 5 ethereum I am never suggest to use myetherwallet. If you want to a good and secure wallet so you can use metamask or you can use blockchain and coinbase I think this wallet very secure and never lost your money in future. I am always suggest to everyone use metamask for store your any kind of token.
mahvia
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August 21, 2018, 12:07:39 PM
 #163

Can recommend and pretty easy to use. safety depends on your choices mostly Smiley
How you keep your information secured, how often you watch porn, click interesting links etc
minhchien9abandat
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August 21, 2018, 12:12:37 PM
 #164

There are some people recommend me that we shouldn't use Private key to log in. I also often log in by Jonson Key+password
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August 22, 2018, 09:35:12 AM
 #165

It depends on the way how you will use computer with this wallet, and how you will keep keys. You have to use it in secure computer with antivirus installed and don’t use it for suspicious sites.
crzy
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August 22, 2018, 09:38:12 AM
 #166

It depends on the way how you will use computer with this wallet, and how you will keep keys. You have to use it in secure computer with antivirus installed and don’t use it for suspicious sites.
Exactly, MEW wallet is legit and working well for me but the security of your wallet will depend on your activities. Its good that you put your MEW details on a safe computer/Laptop so hackers can't do their job to hack you. Though a lot of people say webwallet is too risky, I still think that it will depend on how much money you have in cryptomarket.
Nedrek
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August 22, 2018, 09:40:48 AM
 #167

Absolutely safe. The main thing is to do the following things:
- Add a site to your browser's favorites, because attackers often publish phishing sites in Google search.
- Check the site certificate so that it is not replaced.
Babayan
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August 22, 2018, 09:42:28 AM
 #168

Yes, i think that MyEtherWallet have enough security to use it for Ethereum and erc20 tokens transfers. But you should always check the green lock at your browser.

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GUNGUN12
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August 22, 2018, 09:44:24 AM
 #169

Yes, i think that MyEtherWallet have enough security to use it for Ethereum and erc20 tokens transfers. But you should always check the green lock at your browser.
I have been using my ether wallet, and until now it's very safe, but if you're still in doubt, there's another alternative, MetaMask, many of which say metamask is safer than myetherwallet, metamask works like add ons in your browser.
ejarales
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August 22, 2018, 09:47:34 AM
 #170

I want to create new wallet using MyEtherWallet(dot)com, is it recommended wallet and easy to use?
Yes, I've been using myetherwallet for almost a year and so far I didn't experienced any trouble. Just be aware that you are visiting the legit website. Don't get phish and everything will be alright.
jackylion
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August 22, 2018, 09:51:44 AM
 #171

You should use the metamask application to secure your account. In my opinion, the security is always on the top, and that is how we keep our money, not to be neglected, so it will be difficult to achieve.

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August 23, 2018, 04:06:37 PM
 #172

I want to create new wallet using MyEtherWallet(dot)com, is it recommended wallet and easy to use?

it is secure, despite that hack a couple of months ago, I still use it and I have not had any trouble with it. If you do not feel safe with it then you can use the metamask extension at the top of the website to transfer all of your wallet information there so as to make it more secure an safe for you to store your coins in.

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August 23, 2018, 04:08:38 PM
 #173

It is secure of course. And it is a great website/wallet or whatever. But depends on your use. With your use, if you are not aware of the site you're using and not looking at the secure at the left side of your url, then you're dead.
BrittanyHorne
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August 23, 2018, 04:15:30 PM
 #174

My advice is it not perfect. MyEtherWallet is the good wallet for us but here is have some risk. A lot of scammers and lot of hackers are in the crypto field. So online wallets are very risky. My MEW was hacked in 2016 with 2 ETH and different types of tokens. Then I bought a Ledger wallet. Hardware wallet is very secure than online wallets. Actually, ledger wallet is very useful for me. Now my all tokens in my ledger wallet.
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August 23, 2018, 04:18:42 PM
 #175

So far, MyEtherWallet is the most utilized wallet for ethereum or ERC-20 standard coin that mostly used. This is free and very easy to be used from creating, utilizing, saving, and also making transaction. However, talking about its safety, I think that so far it is actually secure if we can be more careful, locking the wallet, keeping the private key securely, and avoiding phishing. I myself still use the wallet so far and it is secure enough.

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Kawatan Ug Manok
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August 23, 2018, 04:20:26 PM
 #176

It is the most used erc20 compatible wallet but it is the most prone to hacking. It is the least secured erc20 compatible wallet, many people are using it because of ease of access. But many people were also scammed for using it. It is very vulnerable to hacking at pishing sites. I recommend to use Metamask at IMtoken because it is more secured that MEW.
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August 23, 2018, 04:20:37 PM
 #177

That wallet is somehow recommend. It is safe, you just have to be careful from those phishing sites.

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August 23, 2018, 04:22:23 PM
 #178

Of course MyEtherWallet is secure wallet and you can create new wallet addresses in there very easily steps. before you access and create new wallet addresses on MyEtherWallet I recommend install the metamask to make sure that the site you are visiting is safe and correct. recently, many hackers cloned this site and you could lose funds

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August 23, 2018, 04:24:37 PM
 #179

It is secure of course. And it is a great website/wallet or whatever. But depends on your use. With your use, if you are not aware of the site you're using and not looking at the secure at the left side of your url, then you're dead.
in my opinion it is very safe and easy to use myetherwallet,
because I believe if MEW can protect our assets,
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August 23, 2018, 04:26:18 PM
 #180

No! I wouldn't suggest using MEW because of its vulnerability to hacking. It is the most famous wallet for storing erc20 tokens but it can be hacked easily especially if you lost your private key. Also, it can be hacked through pishing, so be careful if you are using it. I highly suggest ledger or trezor for storing your funds. If you cannot afford to buy these kinds, you can use Metamask or IMtoken for security purposes.
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