MyCrypto Wallet Supported Coins
However, it also supports ERC20 coins.
To find out where you can obtain the cryptos supported by the MyCrypto Wallet in the first place, go to our Cryptocurrency Exchange List and use the filters to find the right exchange for you.
MyCrypto Ethereum Wallet Fees
Most Ethereum-based wallets require gas to verify transactions. MyCrypto is no different and any transaction that you make will require Gas, which is paid in Ether. The transaction fee varies and is dependent on the number of coins involved. The miners involved receive this transaction fee. It is an incentive to include your transactions in the blocks that they mine. The higher the transaction fee, the faster the network carries out your transaction.
MyCrypto Wallet Price
It is free to use the platform. You do not have to pay to utilise the wallet. However, you may need to pay for third party services such as utilizing Coinbase or shapeshift. You also have to pay for gas.
Ease of Use
Although the wallet had some upgrades from MEW, it is still easy to use. In fact, its desktop version was launched to make it safer and easier for users to navigate. Beginners will find it user-friendly and safe. The wallet has been designed to safeguard private keys, mnemonic phrases, and Keystore files.
Anonymity
You do not need to input your details before starting an account. Even sending Ether requires minimal personal information. Therefore, we can say that its anonymity is top-notch.
Security
According to the team behind the wallet, they are a client-side wallet. They do not store your data on their servers. They make it easy for you to save your wallet information on your computer. Then you are given a place to access and utilize that information.
You can protect your funds on this wallet through a variety of measures.
