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Author Topic: Is here anyone holding large amounts in MyEthWallet.org?  (Read 583 times)
TRS-HARDWARE (OP)
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August 23, 2018, 03:30:51 PM
 #1

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?
Wind_Crypto
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August 23, 2018, 03:36:49 PM
 #2

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.
Tipstar
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August 23, 2018, 03:39:00 PM
 #3

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.


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shanem
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August 23, 2018, 03:41:00 PM
 #4

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.

     

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odessit1377
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August 23, 2018, 03:44:44 PM
 #5

I used this purse for a rather long time, but then I got stolen tokens from it, I switched to metamasк and exodus.
Gabb
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August 23, 2018, 04:44:28 PM
Last edit: October 02, 2018, 09:06:04 PM by Gabb
 #6

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.
mmacool
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August 23, 2018, 05:08:30 PM
 #7

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.
jhenfelipe
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August 24, 2018, 12:36:11 AM
 #8

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
Protecting Yourself and Your Funds
dangwapo311
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August 24, 2018, 12:41:39 AM
 #9

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.
HerreraMJ
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August 24, 2018, 12:43:50 AM
 #10

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.

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D3m1r4wanti
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August 24, 2018, 12:58:58 AM
 #11

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?
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.
fuer44
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August 24, 2018, 01:01:54 AM
 #12

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.
The_Dark_Knight
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August 24, 2018, 01:44:22 AM
 #13

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?
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.
coyote50
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August 24, 2018, 01:53:54 AM
 #14

why is it so hard to use a hardware wallet? they are extremely simple and easy to use
banks38
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August 24, 2018, 01:56:15 AM
 #15

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. 
Thyaga
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August 24, 2018, 01:58:14 AM
 #16

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?
all ethereum wallets can be opened on myetherwallet because that website only interfaces.
SPENz09
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August 24, 2018, 02:05:15 AM
 #17

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?
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
bkrobottc
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August 24, 2018, 02:46:39 AM
 #18

You have money but you can't buy a hard wallet  Grin?  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.
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August 24, 2018, 06:46:38 PM
 #19

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?
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.

quierx16
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August 24, 2018, 06:52:14 PM
 #20

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?

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.

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