![]() Backing up the recovery phrase ensures access to your wallet using any BIP-39 compliant wallet. It will unlock every single address created by your wallet. You can think of your recovery phrase as a master backup of all your cryptocurrency in this wallet. The recovery phrase can be used to restore your MyEtherWallet or can be imported into another wallet that supports BIP39. Under the hood, MyEtherWallet generates your wallet with the use of a recovery phrase. ![]() MEW follows BIP39 to generate your wallet, which is the crypto industry standard. It is non-custodial, meaning that MyEtherWallet stores all the private keys on your device, under your control. MyEtherWallet is a client-side interface to the Ethereum blockchain. Staking - MEW supports ETH2.0 staking directly within the app Dapp Browser - a web browser optimized for use with decetralized applications, built-in to MyEtherWallet Education - The app has a built-in portal for MEWtopia, which is a knowledge center for Ethereum DeFi - through the dapp browser, access the world of decentralized finance Buy Crypto - MEW supports buying cryptocurrency through the app Advanced Features - MEW supports offline usage, signing transactions, and connecting your mobile MyEtherWallet account to the MyEtherWallet web app. Everything on MyEtherWallet is under your direct control.īenefits of using MEW include Flexibility - MEW Wallet supports hardware wallets, and supports creating multiple wallets from the user dashboard. Everything runs client-side, this means that MEW runs on your device and does not connect to or rely on any 3rd party servers. MyEtherWallet is a good choice for you if you want to have more control over your interactions with the Ethereum blockchain. ![]() Today, MEW gets over 4 million visits per month to its web app, and the numbers on the mobile app keeps rising. In 2020, the full version of MyEtherWallet came to Android and iOS - and MEWconnect was dropped from the Play store/App store. In 2018, the MEW team released MEWconnect, which was a mobile app designed to connect your mobile device to your local MyEtherWallet instance. Since then, the dev team has been busy building an ecosystem of tools for directly interacting with the Ethereum blockchain. MyEtherWallet was originally released in 2015 as a web app, the same year the Ethereum blockchain launched. If you are using Android, check out our MyEtherWallet Android guide If you want to use the web app or browser extension, check out our MyEtherWallet browser guide. MEW is also available on Android, as a browser-extension, and a web app. This guide is focused on how to securely set up MyEtherWallet on iOS.
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