If you’ve ever wanted to start using cryptocurrencies, you’ll need a wallet. One of the most popular wallets is MyEtherWallet (MEW). myetherwalletis a secure open-source platform that allows users to store and transfer Ethereum and tokens built on the Ethereum network. In this ultimate guide, we’ll discuss all there is to know about getting started with MEW so that you can be a cryptocurrency expert in no time!
Creating Your Account
The first step to getting started with MEW is to create an account. To do this, visit https://www.myetherwallet.com/. On the homepage, you will see two options: “Create New Wallet” and “View Wallet Info.” Click “Create New Wallet” and follow the instructions on screen. You will be asked to enter your desired password as well as a hint if necessary. Make sure that you write down your password—you won’t be able to access your MEW account without it! Once you have entered your information, click “create new wallet.” You should now be able to view your wallet address—the string of letters and numbers at the top of the page—which is where other people can send money or tokens to your wallet.
Securing Your Account
Once your account is created, it is important that you take steps to ensure its security. The first step in doing this is downloading your Keystore file/JSON file—this file contains all of the information necessary for accessing your funds from anywhere around the world! As such, it is important that you back up this file in multiple secure locations; never store this file online or send it over email! Additionally, make sure that no one else has access to this file or any other confidential information related to your wallet, such as passwords or recovery phrases.
Using Your Wallet
Now that your account has been created and secured, it’s time to start using it! To begin sending/receiving funds from other wallets, go back to https://www.myetherwallet.com/ and select “Send Ether & Tokens” from the main menu at the top of the page. From here, enter either a wallet address or an ENS name into the “To Address” field; if sending funds directly from another wallet connected through MetaMask (for example), just enter its address here! Then enter the amount of Ether or tokens that you wish to send in either ETH or USD and click “Generate Transaction.” After confirming everything looks correct on both ends, click “Send Transaction” and wait for confirmation from both parties before assuming all went smoothly!
MyEtherWallet (MEW) provides users with a secure platform for storing and transferring Ethereum-based tokens such as Bitcoin, Litecoin, Ripple etc.. This ultimate guide has outlined all there is know about getting started with MyEtherWallet so that anyone can become an expert in cryptocurrencies in no time! Creating an account requires only several clicks; once complete remember always secure confidential information like passwords or recovery phrases in multiple safe locations away from malicious third parties who could steal funds if they gain access these items. Finally remember when sending funds always double check addresses are correct before confirming transactions especially when using MetaMask wallets which require extra caution due user key management requirements between transactions being sent securely between wallets without exposing private keys associated with those wallets involved during transfers taking place on blockchain networks today. With these tips in mind everyone should have no problems getting started using MyEtherWallet today!