Author Topic: Is MEW The Best Wallet For Erc20 Tokens? (Read 10692 times)

KryptoBull · « **Reply #15 on:** January 18, 2024, 05:40:27 PM »

I'm using a few mobile wallet apps like MetaMask, Trust, and SafePal, but MEW is still my favorite when it comes to interacting with ERC-20 tokens. Maybe because MEW only supports ERC-20 tokens, it maintains smoothness, while other wallets support multiple EVM and non-EVM chains at the same time, causing the user experience to be very negatively affected.

I agree that other wallets that support multichain are very convenient, but everything comes at the cost of complexity in the interface and user experience.

Altcoins Talks - Cryptocurrency Forum · « **Reply #15 on:** January 18, 2024, 05:40:27 PM »

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bitterguy28 · « **Reply #16 on:** January 19, 2024, 04:19:24 AM »

Quote from: KryptoBull on January 18, 2024, 05:40:27 PM

I'm using a few mobile wallet apps like MetaMask, Trust, and SafePal, but MEW is still my favorite when it comes to interacting with ERC-20 tokens. Maybe because MEW only supports ERC-20 tokens, it maintains smoothness, while other wallets support multiple EVM and non-EVM chains at the same time, causing the user experience to be very negatively affected.

I agree that other wallets that support multichain are very convenient, but everything comes at the cost of complexity in the interface and user experience.

My Only Erc-20 wallet is MEW because I only support My Ether Wallet for my erc-20 tokens and indeed until now never that I have a complains about this wallet.

I also have all of your mentioned wallets like Safepal but the problem with this is so high fee in conversion in which made me decide never to use as exchanging place instead for holding.

metamask and trust wallet is also good.

Mr. Magkaisa · « **Reply #17 on:** March 24, 2024, 07:36:32 AM »

Quote from: micjoh on June 28, 2020, 01:59:37 PM

I think hardware wallet is better than Myetherwallet .It has best security system because in hardware wallet tokens are saving in offline storage.Ledger nano s and trezor are best hardware wallets.

- True, I just don't know if it's still advisable to use that MEW now. As I noticed, it was left behind by other downloadable wallets on mobile devices because the fees that are deducted when making a transaction are lower.

Maybe if there are other coins that are under EC20, it is good to use the myetherwallet, and if there is no other wallet that can be used, there is no choice, but the new one is really the only one that can be used. That's how simple it is to understand, in my opinion.