How to use the lightweight cryptocurrency wallet MyEtherWallet

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Instructions for using the MyEtherWallet (MEW) mobile application

MyEtherWallet is one of the first and most popular wallets for storing ETH cryptocurrency and ERC20 tokens based on the blockchain. Ethereum . In addition to the well-known web wallet, MyEtherWallet recently launched a mobile application available for both Android and iOS.

The MyEtherWallet (MEW Wallet) application gives users the ability to quickly and conveniently purchase and transfer cryptocurrency. Users can download the app through the AppStore, Google Play or Galaxy Store, create their wallet and purchase Ethereum (ETH) using the new built-in exchange. The MEW wallet also allows you to buy ETH using a debit or bank card.

Features:

How to create a new account in the MEW Wallet app?

First of all, if you are an Apple user, you need to download the MEW Wallet app from the AppStore and install it on your device.

Note: As mentioned above, the application is also available for Android, the interface there is almost identical. We used an iOS device to write this guide. .

Once you download the app and log in, you will begin creating your wallet. This is quick and easy. Once you open the app, you should tap on the “create a free wallet” tab and create a secure PIN code. You can also use Face ID or fingerprint unlocking depending on your device.

The platform will then automatically create your wallet and take you to a dashboard that looks like this:

The dashboard has an intuitive interface that makes working with it simple and easy. The first thing you will notice is the notification right below the Receive and Buy Ether options. Ethereum ") prompting you to back up your wallet SEED password.

Backing up your SEED password

Important: This is a mandatory step to ensure the security of your cryptocurrency.

What tokens does the MEW app support?

MyEtherWallet supports all tokens ERC-20 . There are countless of them, so we will list the most popular:

How to send ETH or other ERC-20 tokens?

Send ETH or any other tokens ERC-20 It's very easy through the MEW wallet app. Once you are logged into your main account, you will see a Send ETH option at the bottom. Clicking on it will take you to the following screen:

As you can see, all you have to do is enter the recipient's address or scan the QR code and then select your transaction fee.

Unlike a more complex web wallet, here you can choose from three transaction options: economical, regular or fast. The faster you want to send ETH, the more expensive it will be, but be that as it may, it will still be cheaper compared to conventional methods of transferring funds.

How to get ETH?

This is also quite easy. Once you click on your main account, you will see a Receive button at the bottom. Click on it and this is what you will see:

You can copy the address or QR code and share it with those who will send you funds.

App and Internet: How to access MEW web wallet?

MEW has a really nice feature that establishes an encrypted connection between your phone and your laptop/tablet. If you want to access your wallet through a web browser, you need to visit the official broker and click on the Access my wallet tab on the main page.

There you need to tap on the MEWconnect option and scan the QR code from the MEW Wallet app on your phone using the small camera icon in the top right corner of the screen.

Once you do this, you will automatically be taken to your dashboard and can navigate your wallet from your laptop's browser.

How to buy ETH in the MEW Wallet app?

Once you've set up your wallet, it's time to buy ETH. This is done quickly and easily. By clicking on the Buy Ether button, you will see the following screen:

The menu offers several preset options, but if needed, you can select the exact amount of ETH you want to purchase (up to $20) by clicking the Custom button.

Please note that US users can use Apple Pay. Clicking the Buy now button will take you to where you can enter your payment details. Fill them out and your transaction will be completed. And that's it!

Final World

The MyEtherWallet team has done a great job creating their mobile application. It offers quick and easy installation and an incredibly user-friendly and intuitive interface. Connecting the application to your laptop will also not require much effort on your part.

This is one of the most famous wallets ERC-20 , it aims to provide access to cryptocurrencies to more users in a secure and convenient way without the need for burdensome and complex software.

MEW App download links: AppStore | Google Play | Samsung Galaxy Store

Victor is a blogger, philosopher, and creative person. His passion for words and the wonders of the digital world is what drives him to write for you.

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