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MyEtherWallet

Cryptocurrency wallets
Blockchain software
Cryptocurrency software
Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
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Pricing from
Completely free
Free Trial unavailable
Free version
User corporate size
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User industry
  1. Information technology and software
  2. Media and communications
  3. Education and training

What is MyEtherWallet

MyEtherWallet (MEW) is a non-custodial cryptocurrency wallet focused on Ethereum and EVM-compatible networks. It enables users to create and manage wallets, sign transactions, and interact with tokens and decentralized applications while keeping private keys under the user’s control. MEW is available as a web interface and mobile app and commonly integrates with hardware wallets for key storage.

pros

Non-custodial key control

MEW is designed so users control their private keys rather than relying on a custodial account model. This supports self-custody workflows such as offline key generation and transaction signing. It also reduces dependency on a single service provider for asset access, compared with account-based platforms.

Ethereum and token support

MEW supports Ethereum accounts and common token standards used on Ethereum and EVM networks. Users can send/receive assets, manage token balances, and sign smart-contract interactions. This makes it suitable for individuals and teams that primarily operate in the Ethereum ecosystem.

Hardware wallet integrations

MEW commonly supports connecting hardware wallets so private keys remain on the hardware device during signing. This enables stronger operational security for users holding larger balances or managing treasury funds. It also fits workflows where approvals and signing are separated from general-purpose browsing devices.

cons

Limited enterprise controls

MEW is primarily oriented toward individual self-custody rather than institutional custody operations. It does not typically provide built-in multi-user policy controls, role-based approvals, or centralized audit tooling expected in enterprise treasury environments. Organizations often need additional governance processes or separate tooling to meet internal control requirements.

User security responsibility

Because MEW is non-custodial, users are responsible for backups, seed phrase protection, and phishing-resistant practices. Lost recovery material generally means irreversible loss of access to funds. This can be a barrier for less technical users or teams without established key management procedures.

EVM-centric asset coverage

MEW’s core focus is Ethereum and EVM-compatible networks rather than broad multi-chain coverage across non-EVM ecosystems. Users needing a single wallet for many unrelated chains may require additional wallets or bridging solutions. This can add operational complexity for portfolios spanning multiple blockchain families.

Plan & Pricing

Pricing model: Free / open-source (no subscription) Free tier/trial: Permanently free tier available (no time-limited trial stated) Costs: No subscription or platform fees charged by MyEtherWallet (MEW). Users pay blockchain network transaction fees (gas) when sending tokens, swapping, or interacting with contracts — these fees are paid to the network and are not set or collected by MEW. Partner on-ramps / limits (examples from MEW KB): Simplex — $50 minimum and $10,000 maximum for first purchases; Simplex daily limit $20,000; monthly limit $50,000. MEW integrates multiple third‑party providers (MoonPay, Simplex, Coinbase Onramp, Topper, etc.) for buying/selling; their fees/limits apply. Staking notes: Full-validator staking requires 32 ETH (provider-dependent); partial/liquid staking options have no minimum on MEW-provided integrations. Notes & disclaimers: MEW asks for donations to help keep the project free and open-source. MEW states it does not determine network transaction fees; partner provider fees are independent of MEW.

Seller details

MyEtherWallet, Inc.
Los Angeles, CA, USA
2015
Private
https://www.myetherwallet.com/
https://x.com/myetherwallet
https://www.linkedin.com/company/myetherwallet/

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