is MyEtherWallet is a safe place to stored? or use as wallet?

ehdiksayo

newbie

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Quote from: cjmoles on November 21, 2017, 11:05:03 PM

Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

It is safe but there are several fake links that will send you to a fraudulent wallet that looks exactly like the real site so make sure you always check the URL before you provide your private key. There's an option to log in with MetaMask which makes it safer but ---> always link to the site by typing out the URL directly and never follow unsolicited links to the wallet.

what exactly is the right link?I'm not aware of this one tho. So I better be.

bitart

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Quote from: iluvpie60 on November 22, 2017, 02:42:57 PM

Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

MyEtherWallet is safe to use yes.

When you make a wallet on there you get your own address and get your own private key.

The private key is used to access your funds. Watch out for other websites that try to look like MyEtherWallet. Some websites have a very similar name like MyEtlerWallet or MyEtherWalet or whatever. They will steal your funds if you accidentally go to their site and put in your private key.

Additionally, you can have a backup made and import your MyEtherWallet into any other ETH wallet if you want to. Though you need to be careful as not all wallets support ERC20 tokens. My Ether Wallet supports all ERC20 tokens.

Make sure you keep backups of your private key. Keep a written or printed copy in a safe.

If you don't want to hassle with your private key, you can use MyEtherWallet directly with Ledger Nano S hardware wallet. You can store your private key safely on the device, no need to enter it anywhere on the site. Your private key won't get transferred to your computer from the device, every process that needs the private key runs on the hardware wallet (signing transactions, etc.) and this is really safe. You can use it even on a compromised PC if you double check the destination address on the screen of the hardware wallet (in order to prevent clipboard viruses to change your destination address to their own address). If you plan to get yourself involved in the cryptocurrency world, hardware wallet is not a big expense compared to the safety it can provide.

Amuwa

newbie

Activity: 10

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I prefer myetherwallet to other wallet platform because it is safe and secured

Fleshslasher

newbie

Activity: 47

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MyEtherwallet is a really good wallet. You hold the private key and the files so you can only have access to them its not like a online wallet like blockchain, because they hold your keys and stuff.

Many people are also using this wallet so you would think that it would be safe and it is.

iluvpie60

hero member

Activity: 700

Merit: 500

Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

MyEtherWallet is safe to use yes.

When you make a wallet on there you get your own address and get your own private key.

The private key is used to access your funds. Watch out for other websites that try to look like MyEtherWallet. Some websites have a very similar name like MyEtlerWallet or MyEtherWalet or whatever. They will steal your funds if you accidentally go to their site and put in your private key.

Additionally, you can have a backup made and import your MyEtherWallet into any other ETH wallet if you want to. Though you need to be careful as not all wallets support ERC20 tokens. My Ether Wallet supports all ERC20 tokens.

Make sure you keep backups of your private key. Keep a written or printed copy in a safe.

bL4nkcode

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Quote from: pat4cryptoreal on November 22, 2017, 02:16:43 PM

The rate at which people are complaining about myetherwallet being compromised is too high. So I do not see it as a safe place for keeping your coins especially for a long time.

People who's complaining about this are those lazy people imagine too many people got hacked with their MEW wallet from script kiddies with their phishing links because of being too lazy that they can't even double check the link/URL of the browser if it's the real or not. And private keys or recovery seed are not shareable. Stop using cryptocurrency/Bitcoin if you don't know how to secured your wallets by yourself, thats the main logic here.

pat4cryptoreal

full member

Activity: 630

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The rate at which people are complaining about myetherwallet being compromised is too high. So I do not see it as a safe place for keeping your coins especially for a long time.

irsykes

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it is safe enough for me but it depend on the people, don't ever try to click on phising link, be careful about virus and save private key safely, at least that is what i do now

Lumada

sr. member

Activity: 520

Merit: 250

Quote from: Lang09 on November 22, 2017, 09:52:15 AM

I really believe that Ethereum is compatible with Bitcoin, because when I observe ETH, its price increasing fast compared to other Alt coins.

everyone uses it,but you should be extra careful, there are plenty of phishing sites that can access your account once you input your private key, better to have trezor.

Lang09

full member

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I really believe that Ethereum is compatible with Bitcoin, because when I observe ETH, its price increasing fast compared to other Alt coins.

altbeer

newbie

Activity: 74

Merit: 0

yes, it's safe because there's a safety key called so it's not just a hack or a steal for you but you can give it a private key.always remember the key. if you can not give it, lose it, that's the most important thing in your ether wallet

LogitechMouse

legendary

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MyEtherWallet is a safe wallet for me. Its a user friendly, secured wallet. Just beware of some sites that looks like myetherwallet but in reality, these are phishing sites so its better to be aware, be careful and don't give your "PRIVATE" key to others.

z38630610

legendary

Activity: 1050

Merit: 1000

Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

I also use myetherwallet and I have not been hacked yet. But one of my friend was hacked and then he left using myetherwallet. He is using another wallet now. Many people don't suggest myetherwallet but I suggest. It is risky a little bit. But we people who are interested in bitcoin like risk.

gamerfan

hero member

Activity: 766

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Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

Yes, it is very safe and reliable to use. Also, it is the easiest, user-friendly wallet for ETH, ETC and all the tons of ERC-20 tokens out there!
Just be sure to check the URL (myetherwallet.com) is right. Also, beware of any email or PM which ask you to send infos about your myetherwallet account. Always remember myetherwallet is not connected to email or social media profiles, so myetherwallet devs never contact you!

Sab11

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Quote from: DanielMac on November 21, 2017, 10:58:48 PM

i want to check if it is safe..

MyEtherWallet is 100% legit your eth is very safe in that wallet, just always make sure that the link you enter in browser is right because theres many fake links, to avoid losses.

eldrin

full member

Activity: 644

Merit: 143

MyEtherWallet is safe as long as you don't give your private key to others. Also, when accessing the website of MyEtherWallet, you should always verify and make sure that it is the right one and not some scam website that copies MyEtherWallet, because once you entered your MyEtherWallet details on those scam website, that's the time you could be hacked. And lastly, this thread should be moved to the section Altcoin Discussion.

bakujo0817

member

Activity: 313

Merit: 11

MEW is very safe us long us you keep your private key safe just beware of the fake website

MoonJeina

sr. member

Activity: 652

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yes , my etherwallet is actually the best wallet to store your eth and other tokens . I have been personally using it for a pretty long time and i have no complaints regarding it . Infact , the best part of it is that you can get your tokens of other altcoins as well . You will get a apper wallet and a private key along with the registration and in order to access that you just need to have your private key . Be sure , your private key is safe with you all the security matters with the key.

xianbits

sr. member

Activity: 910

Merit: 257

My experience says it is good to store your well-loved tokens. Just be observant because a lot of ill-minded people are just around ready to get your money through phishing sites. PS, if you would just love to check your balance, just use your address in logging/signning in to be safe.

Buwa

newbie

Activity: 31

Merit: 0

i feel it is safe as long as you protect your keystore file and your private keys, no other person but you should be able to access your account.

Topic: is MyEtherWallet is a safe place to stored? or use as wallet? (Read 841 times)