MyCrypto Wallet Reviews

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Country: International

Site: mycrypto.com

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Written by Jinny Butterworth

Financial journalist. I've been covering financial markets since 2005. Cryptocurrency writer since 2016. Love cooking, reading and spending time with my dogs.

Jul 06, 2020

MyCrypto is an open-source web application used for operations with Ethereum coins and ERC-20 tokens.

The app provides integration with Metamask, Trezor, or Ledger so that one could manage their transactions and display their balances with these wallets.

MyCrypto’s interface integrates a user with the Ethereum blockchain.

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After a MyCrypto wallet has been set it’s recommended to save your backup file in an offline place. This file also includes private keys. You can exchange Ethereum and Ethereum-based assets, using one of the two options: ShapeShift and 0x instant. Using MyCrypto service, one can buy BTC, ETH, and other cryptos with fiat currency (USD, EUR, and some other currencies).

It’s possible to add a custom token here.

Our Score

Security 4 / 5

Support 4 / 5

Ease of use 4 / 5

Reputation 4 / 5

Fees 4 / 5

Our Score

4.0 / 5

pros

-Open-source
-Private keys on the user's side
- In-built exchange
- Variety of ERC-20 tokens

cons

- Serves only the Ethereum network

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