Can i send bitcoin to myetherwallet

Use any method to acess it and enter the adress you want to transfer your tokens to, and the amount. Verify if everything is ok and click on Send. Once it is done. You can now check in the receiving wallet. Next: Click on Generate Transaction and proceed with clicks to confirm your transaction.

You should see a confirmation message when the transaction is complete. Feel free to comment if you are faced with any challenges.

A cryptocurrency enthusiast and digital entrepreneur promoting digital currencies and digital technology in Africa. See author's posts. I sent the NGC coins like that. But my coins deducted from myetherwallet and not deposited in my NGC wallet. The are seriously concern with how fast the ticket on most exchangers are handled lately due to record high demand of cryptocurrency. Therefore kindly wait in patients for your coins to be credit because we too have experience such delays. This article is wrong because it says you dont have any ETH, and you need eth for gas, and gas to make the token transaction right?

Thanks for the correction we surely aim to bring you accurate information every time we will look into that. Here is our gift to You in order to say thanks visit our media section and Get your copy of our latest Book to start your Crypto Journey with Us cryptoafricaLove. To transact with this wallet you need Ethereum to purchase gas.

We did the article for you to learn using a demo account. So i dont see anything wrong with it. Have a great day. Hello, You just need to transfer some Ether into your My Ether wallet. Let me know if this worked. Thanks for stopping by. Thanks for the questions one of two things will happen. Hello guys, iam new with crypto, i would like to know if its possible to transpher my tokens from sphere.

You see, if you're going to use something quite often, you'd probably want it to be easy and self-explanatory to use, right? Well, while that is actually the case with most of the top-tier crypto wallets out there, some are Less-than-desirable in this regard. It's not really an issue that you'd have to worry about when it comes to the MEW wallet, though. Multiple user MyEtherWallet reviews claim that the tool in question is actually very simple to use!

It's an online-based software , and while that might seem intimidating at first since most wallets tend to come in mobile app form , it's actually pretty straightforward! On top of that, there are also different video tutorials available for the user to check out, if there's something confusing, that is. Definitely a great option in this regard!

As the name likely implies, the MEW wallet is dedicated to Ethereum.

This, however, does mean that it also supports Ethereum-related currencies , too - namely, Ethereum Classic and ERC tokens. This is actually a pretty big deal , in its own right. You probably don't need any user MyEtherWallet reviews to tell you that Ethereum is the second-most-popular cryptocurrency on the current market , right after Bitcoin. Naturally, a huge number of people use and trade it every single day. The token part is quite significant , too. As you may or may not know, the Ethereum blockchain is a piece of some rather advanced technology - due to the nature of smart contracts , there are many technological innovations out there that utilize Ethereum's blockchain, and build their ' inventions ' on it.

Naturally, as a result, this means that there are many different ERC tokens " floating around ". The fact that all of them can be stored in the MEW wallet is definitely some great news for anyone and everyone who's utilizing this technology! Secure your family's crypto assets with Ledger S Family 3-pack! Now that we've mentioned a couple of the key benefits that most user MyEtherWallet reviews talk about, it's worth emphasizing that there are some less-than-ideal features of this product to be aware of, too.

Among them, the fact that it's not an actual wallet should be noted at the top. While it's not really a " con " per se since it's a fundamental feature of the software in question , it's still something that you should keep in mind when looking for a crypto wallet. To put it shortly, MyEtherWallet should be used when you want to store your ETH or any other ETH-based currency for a short period of time, before transferring it to a hardware wallet.

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If that's not an issue for you - great! If you've never heard of the term, an " altcoin " is any cryptocurrency coin that's not Bitcoin. Or at least that used to be the case, for the longest time. As of late, though, people appear to refer to altcoins as any crypto coins that are not Bitcoin , Ethereum , or Ripple Litecoin is also often thrown into this mix, too.

Whatever the case might be, the sentiment stands the same - MEW does not support any altcoins. In fact, it doesn't even support Bitcoin - while the name is probably a dead giveaway , MyEtherWallet only supports Ethereum, and all of its associated coins and tokens. That, however, is mostly because users of this wallet knew what they're getting into straight from the get-go - most of the people who use MEW do so because they only own Ether, or only plan to use Ether.

Naturally, however, no matter how you look at it, the fact that this particular crypto coin wallet in question only supports a very limited number of currencies surely isn't ideal. It makes it a pretty niche tool to use, even though we're talking about the second-most-popular cryptocurrency in the world. I stress this in most articles that I write, and I'll say it here, once again - the aspect of ' security ' should be at the top of your priority list when it comes to picking out the best cryptocurrency wallet.

Reading through some user MyEtherWallet reviews, though, it would seem that this particular wallet does have some concerns in this regard. Now, don't panic - this does not mean that MEW should be immediately discarded as an unsafe option.

How To Use MyEtherWallet

Compared to some other wallets out there, the security issues of MEW are actually quite manageable. You see, some users report that there have been attacks and attempts to steal their information and Ether while they were using MEW. While this is quite serious stuff, it should be noted that it's actually the area where the aforementioned feature of MEW not being an actual wallet comes into play, too. Crypto wallets are supposed to be the safest tools of their kind , simply because they are the place where you keep all of your cryptocurrencies.

All of that is obvious, right? As much as user MyEtherWallet reviews would talk about the wallet-like features of MEW, and while that term is also in the tool's name, it's still not an actual wallet.

How To Use MyEtherWallet

In very simple and somewhat-accurate terms, MEW should be used as a temporary , one-off wallet. As you can probably imagine, a tool like this isn't going to possess the same amount of security as, say, a full-fledged wallet. So, do the security concerns make MEW an unviable choice in regards to it being temporary storage for Ether? No , not really - at least not as of writing this MyEtherWallet review. You see, the security complaints are quite far in between , and the ones that do exist aren't necessarily completely damning.

In many cases, the issues appear to be avoidable as long as the user puts in the effort to remain discreet when and how they're transferring their crypto funds.

How to Transfer Tokens From My Ether Wallet to an Exchange or External Wallet - Crypto Africa

Hardware wallets use devices like a USB to store your private key. You can connect a hardware wallet to the internet to make a transaction and then take them offline again. Value For Money. Truth be told, MyEtherWallet works well with both of these hardware wallets. I recommend that you use MyEtherWallet along with either one of those.

That's something that is mentioned by user MyEtherWallet reviews, too - MEW, in general, interacts with many hardware wallets quite well. This is good, since it doesn't only incentivize the user to start using cold storage the single most secure form of storing your crypto , but also grants are a decent choice pool, too. Pricing-wise , it's worth mentioning that MyEtherWallet is completely free to register to and use. Upon making a payment to someone, though, you'll be charged with a small fee. The actual fees differ depending on a few key factors, but, judging from multiple user MyEtherWallet reviews, it's not something that you should be worried about - the fees are very small, no matter the case.

MEW is a software , and is available to be used via the browser or , as of recently , an app , too. It would seem that most users have no significant, noteworthy qualms in regards to the usability aspect of the wallet. Make sure to bookmark the website once you're sure that it's the real deal.

To do this, you must click the star in your website address bar. Once you are on this page, all you need to do is enter a password that you can remember.