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Topic: Which wallet to use for an ICO (Read 426 times)

hero member
Activity: 2590
Merit: 650
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November 25, 2017, 01:46:42 PM
#15
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?
2. Is MyEtherWallet good for this purpose?
3. Can I receive money to my address regardless which wallet do I use?
There's no doubt that a lot of people and ICO owner use MyEtherWallet lately. So I recommend it but anyone using it need to careful of the thing he/she download or install on computer to avoid the stolen the coin inside the MyEtherWallet.
sr. member
Activity: 518
Merit: 278
November 24, 2017, 11:21:51 PM
#14
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?

As suggested by others, you can use MyEtherWallet and create a smart contract with their service.


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2. Is MyEtherWallet good for this purpose?

Yes, definitely. But besides MEW, you can also try Jaxx, Mist and GETH & ETH for that purpose.


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3. Can I receive money to my address regardless which wallet do I use?

If you are referring to tokens, then yes, you can receive it using MyEtherWallet or any wallet that supports ERC-20.
legendary
Activity: 3122
Merit: 1398
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November 24, 2017, 06:34:06 PM
#13
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?
2. Is MyEtherWallet good for this purpose?
3. Can I receive money to my address regardless which wallet do I use?

Ok let's rephrase it to you want to joined an ICO.

1. No doubt that MyEtherWallet is your best option here

2. Yes (Must have ETH balanced) (Bookmark MyEtherWallet.com as there are lots of phishing sites around)

3. You will received token and not a money for a moment.

For number 1, that is if the ICO are based on ERC20 contracts, yes under Etherium network. There are other ICO/projects that runs on other network such as Waves. For here you neeed Wave Wallets.
newbie
Activity: 28
Merit: 0
November 24, 2017, 06:27:54 PM
#12
MEW wallet is pretty versatile and works well.  Been used on the majority of ICO's I have participated in with no issues.
hero member
Activity: 2604
Merit: 542
November 24, 2017, 05:42:28 PM
#11
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?

If you are talking about ERC20 token then MyEtherWallet (MEW) is the best and logical choice.

2. Is MyEtherWallet good for this purpose?

Yes.

3. Can I receive money to my address regardless which wallet do I use?

Yes. You can received multiple Tokens in your MEW wallet. You just have to set up a few parameters about those Tokens that you are going to received.

Take note though that every wallet is prone to hacks. You need to store your private key safe all the time. And be sure to bookmark MEW url because there's a lot of phishing site out there.
newbie
Activity: 35
Merit: 0
November 24, 2017, 02:24:07 PM
#10
Myetherwallet is the right choice, not really user friendly but the faster and safer.
full member
Activity: 196
Merit: 100
November 24, 2017, 07:25:47 AM
#9
My no 1 selection MEW. Myetherwallet is the simplest, most safty wallet for ERC20 tokens and store Ethe. How ever if u a going to use MEW, you must follow steps for own safty
        1) dont lost ur private key and key file ever. Store       them in a secure place
         2) dont share ur private key and file with anyone. If u did it accidently, pls make a another one and tranfer token in to new one
          3) always check the url before enter the private key. There are so many phishin site which look a like MEW.
           4) if u only want to check the balace, use the myetherscan site.
full member
Activity: 980
Merit: 114
November 24, 2017, 02:39:12 AM
#8
Myetherwallet provides the best wallet when you are trying to riase fund from the investors for your project during ico. However, the are other contracts wallet you can used for fund raising such as wave wallet, Neo wallet and Nem wallets for you project. I think any of the forgoing wallets providers will resolve your ico wallet issue.
sr. member
Activity: 1336
Merit: 258
November 24, 2017, 01:45:50 AM
#7
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?
2. Is MyEtherWallet good for this purpose?
3. Can I receive money to my address regardless which wallet do I use?

I use MyEtherWallet now. No any problem with it.
I think this is the best solution for buy ICO tokens.
But for sending tokens need some ETH.
newbie
Activity: 23
Merit: 0
November 24, 2017, 01:26:48 AM
#6
MyEtherwallet for sure
I havent used mew before.
full member
Activity: 966
Merit: 100
November 23, 2017, 10:41:51 PM
#5
one more answer from me,no doubt yes...allmost 90 percent of ICO use myetherwallet, its specially for erc20 token, other use wave or else when launching ICO for exchanger
newbie
Activity: 28
Merit: 0
November 21, 2017, 12:12:35 PM
#4
Would recommend myetherwallet
Works well.
hero member
Activity: 798
Merit: 503
November 21, 2017, 10:53:53 AM
#3
Yep, just use MyEtherWallet. If you have any more queries, check this thread out, and this have really helped me a lot in understanding. I think 99% of the users our there use MEW for ICOs, so just go ahead, use the same wallet to receive the tokens that you have. And yes, you will receive regardless, as long as it is an ERC20 token. Smiley
newbie
Activity: 33
Merit: 0
November 21, 2017, 10:32:28 AM
#2
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?
2. Is MyEtherWallet good for this purpose?
3. Can I receive money to my address regardless which wallet do I use?

Not only myetherwallet is good but it might be the best. Smiley
member
Activity: 276
Merit: 23
November 21, 2017, 07:11:12 AM
#1
I plan to do an ICO. I read and got familiar with the process. What bugs me is:
1. Which wallet should I use in order to do an ICO via Etherium?
2. Is MyEtherWallet good for this purpose?
3. Can I receive money to my address regardless which wallet do I use?
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