How to create ethereum wallet

NEW: How to create an Ethereum wallet?

Receive prizes in our Gaming Contest 2019!

If your competing for 12 Million Bether tokens in prizes in our new Gaming Contest 2019, you might be wondering:

Whats the ETH wallet address pop-up window?

We’ve noticed that there were some people who missed the claiming periods for the prizes in our previous ontests. With the latest upgrades to our gaming platform we have also made this easier for you, however you now must fill out the ETH wallet address field to continue playing!

Here is a short, but in-depth article guiding you through the process of creating an Ethereum wallet address to continue competing for amazing prizes!

This is not the most secure way to create an ETH wallet address, however it’s the easiest method for beginning your Crypto ventures.

How to create an ETH wallet address

Step 1 — Go to MyEtherWallet

Go to https://www.myetherwallet.com/create-wallet and click through the short About MyEtherWallet instructions.

Step 2 — By Keystore File

Click on By Keystore File and enter a secure password (Don’t forget to remember or save your password somewhere as you will need this to unlock your wallet in the future). Click on Next → once you’re done.

Step 3 — Download Keystore file

Download your Keystore file and save this securely on your computer, don’t forget to remember where you’ve saved the file and the password you entered in Step 2, as you will be using both when accessing your wallet.

Step 4— Access your ETH wallet

Click on Access My Wallet in Step 3, or click on: https://www.myetherwallet.com/access-my-wallet. On the following screen you see, click on Software:

On the following screen Click on Keystore File and then Continue:

Upload your Keystore file and enter the password you entered when creating the wallet in Step 2, then click on Access wallet:

Access your ETH wallet and copy the wallet address using the Copy to Clipboard button marked as 2., in the screenshot below:

Step 5 — Link your ETH wallet address

You have now created and accessed your ETH wallet address and, please paste the ETH wallet address copied in Step 4 in the pop-up window on our Gaming Platform:

Congratulations, you’re now all set to compete and receive prizes from the Bethereum Gaming Contest!

Bethereum is a decentralised, social-betting platform based on Ethereum technology and Smart Contracts. Want to know more? Start here.

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How to create your own Ethereum Wallet — using MyEtherWallet

Whether new to TokenClub, new to Ethereum, or new to crypto — here you are, wanting to make sure you know how to create and secure an Ethereum wallet.

As you know, TokenClub is your monthly subscription service to the hottest ICO tokens.

As a member, you have the option of having your monthly haul of tokens sent directly to your Ethereum wallet, or keeping them in the TokenClub Vault until you’re ready to withdraw them.

We recommend having your tokens sent directly to your Ethereum wallet monthly if you are comfortable with your ability to create a wallet and keep your private key safe. This will provide you with a higher level of security as the tokens will be under your control.

This article will walk you through creating your own Ethereum wallet and backing up your private key. For the purposes of this walkthrough, the wallet of choice will be ‘MyEtherWallet’ (MEW). www.myetherwallet.com

As an industry leader, it is a:

Free to use ( donations accepted), open-source, client-side interface for generating Ethereum wallets & more. No ads, tracking, cookies, or selling of your personal data.

MyEtherWallet gives you the means to interact with the Ethereum blockchain easily & securely while retaining control of your own private key.

Double-check to ensure the website address listed is www.myetherwallet.com before unlocking your wallet. Be safe and secure.

How to create a wallet — MyEtherWallet

You will immediately be invited, on their main page, to enter a password in order to create a new wallet.

This password needs to be easy for you to remember, but also strong. Write it down. If you lose your password, you will lose access to your funds and tokens. There is no password recovery option.

This password is used to encrypt and protect the wallet you are about to create.

The MEW site does not hold your keys for you. It cannot access accounts, recover keys, reset passwords, or reverse transactions. Protect your keys, as you are responsible for your own security.

NEXT: With your fancy password memorized, click to “Create New Wallet”.

Then, you will be prompted to download and store your ‘Keystore/UTC file’. You can save this on your hard drive, or a USB drive. This file is the encrypted version of your private key. Anyone who has access to this file, along with your password, has full control of the funds and tokens in your Ethereum wallet.

At this point it is also recommended you create a paper file, and store it safely. You can print the code for safekeeping, and/or carefully handprint and store your private key.

You may want to write it out several times, to ensure sloppy writing doesn’t prevent your future self from accessing your Ethereum Wallet!

After recording the newly created address of your ETH wallet, you can search your address on Etherscan ( https://etherscan.io ).

If you bookmark that wallet search page, this becomes an easy way for you to review your balance at any time.

A good way to test your wallet, and your understanding of transferring funds/Ether, is to send a very small test amount to your wallet.

If you currently have Ethereum in an exchange or separate wallet, you can send from there to your new MyEtherWallet address and await confirmation.

If and when the ETH arrives in your new wallet, you can also trial a small amount to be sent elsewhere to another exchange or wallet under your control.

A word on hardware wallets

MyEtherWallet has been used for this tutorial, as it is one of the best in-browser wallets on the market.

However, it’s important to note that your private key could still be compromised by any malware or viruses which are on your computer.

To achieve a higher level of security for your ETH/crypto, the next step is to use a hardware wallet for storage. These range in price and features, and will be the sole focus of an upcoming article!

Now that you’ve learned how to create a wallet, you are free to enter your public Ethereum address in your TokenClub account.

Your bundle of the hottest new ICO tokens can now be delivered to your wallet monthly.

As always, with any questions you are very welcome to send them to: hello@tokenclub.co, and join our supergroup on Telegram.

TokenClub is a monthly subscription service that sends a basket of the hottest new ICO tokens directly to your Ethereum wallet every month.

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How To Create An Ethereum Wallet

Ethereum (ETH) is the second largest cryptocurrency by market capitalization. It’s popularity and high liquidity makes it a perfect entry point for those getting started in the diverse and exciting world of cryptocurrencies. Regardless of the cryptocurrency, the very first step is always about setting up a digital wallet to store them. In this short

Ethereum (ETH) is the second largest cryptocurrency by market capitalization. It’s popularity and high liquidity makes it a perfect entry point for those getting started in the diverse and exciting world of cryptocurrencies. Regardless of the cryptocurrency, the very first step is always about setting up a digital wallet to store them.

In this short guide, you will learn how to create an Ethereum wallet, as well as to manage the basic functions of it like receiving funds and topping it up.

Creating An Ethereum Wallet — 5 Steps

#1 — Choose a type of wallet

There are three types of Ethereum wallets: software, hardware and paper wallets. As you would imagine, each of these offer advantages and disadvantages. Going for one or another will come down to your lifestyle and goals regarding cryptocurrencies.

• Do you consider ETH an investment or payment method?
• Are you going for a long-time or short-time investment?
• Would you like to buy and cash out ETH straight from your new wallet?

Formulating and answering these and other questions should help you out with the decision. In case you’re not aware of the pros and cons of the above-mentioned wallet types, make sure to read this before jumping into one:

• Software wallet: your private key are stored in data files online (hot wallets) or offline (cold wallets). Hot wallets tend to be a bit more risky to store your private key due to potential cyber attacks.
• Hardware wallet: instead of keeping your private key on a data file, a hardware wallet stores them in a physical device that requires a password or fingerprint to unlock your wallet.
• Paper wallet: don’t let your imagination go wild — a paper wallet is nothing more than a piece of paper that has your public address and private key printed on it. The obvious advantage is that it’s literally unhackable.

#2 — Sign up for a new wallet

Once you have decided which wallet works best for you, it’s now time to sign up for a new wallet. In this guide, we’ll focus on the creation of a software wallet, since it’s the most common type of wallet.

As a general rule, we recommend choosing a wallet that’s available on multiple platforms. For example, the Crypterium Wallet is available on a mobile and desktop version, which is highly convenient as you can access it from literally any platform.

With Crypterium, all you need to create a new wallet is a phone number, an email address, and a password of your choice. That’s it. Once you have entered the phone number, created a safe password, and verified your email, you’re done. In other words, you will gain automatic access to your Ethereum wallet.

#3 — Get your wallet address

The Crypterium Wallet is a multi-currency wallet, meaning your account isn’t Ethereum-only. From minute one, you can store Bitcoin, Bitcoin Cash, Ripple, and many other cryptocurrencies in a lifetime-free global wallet.

If you’re asking yourself “how do I get an ethereum wallet address?”, look no further. Your address was already created and you can simply and quickly access it. Keep in mind this isn’t your private key, so you can share it freely.

1. Click on ‘Show all wallets’
2. Press on ‘ETH’ to open the wallet
3. Go to ‘Top up’ to find your address

#4 — Share your ETH wallet address

Now that you actually see your wallet address, it’s a good idea to share it with your friends, clients, or whomever you want. Since Ethereum addresses consist of 42 characters, sharing them without making a mistake can be challenging.

That said, the best way to share it is by either copying it with the in-built copy button on the upper right, or by clicking “Share address”. Another important feature to consider if using the Crypterium Wallet is the QR code.

Many wallet services now use QR scanners to let users transfer funds without dealing with long cryptocurrency addresses. If people near you want to send you ETH, all they have to do is scan your QR code. You can do exactly the same when transferring money as the Crypterium Wallet is also equipped with a QR code scanner.

#5 — Top up your ETH wallet

While you have already created your ETH wallet, it’s finally time to try it out. That’s right, you need to top up your Ethereum wallet. There are basically two ways to do it:

• Receiving ETH from another wallet: the Crypterium Wallet allows you to receive ETH from other Crypterium wallets and external wallets alike.
• Buying ETH: with the Crypterium Wallet you can buy Ethereum (ETH) in a few taps with your debit or credit card at the best exchange rates and lowest commissions. All funds are delivered immediately to your wallet.

By the way, our 24/7 support team is always happy to answer your question. You can reach them anytime at support@crypterium.com or using our in-app chat.

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Ethereum wallet – how to choose and to create

Cryptocurrency wallets play a critical role in the use of any digital coin. The transactions can be carried out using the blockchain with the help of virtual electronic savings. All savings of this type have their own characteristics, therefore, you should familiarize yourself in detail with their characteristics before starting to use.

Readers will be able to familiarize themselves with the definition of Ethereum, understand its principle, and learn how to create a wallet in this article.

What is Ethereum

Ethereum is a platform for building decentralized blockchain-based online services and has its own digital currency, ETH. Ethereum was originally launched as an ETH to BTC exchanger, but today people around the world are actively using this system to pay for goods or services without leaving their homes, and thousands of developers make new types of applications based on Ethereum: cryptocurrency wallets, improved games, financial programs, decentralized markets with the ability to trade a variety of coins.

How does crypto wallet work

A cryptocurrency storage device is a wallet for digital or physical devices that can be used to hold savings with a public or private key. The functionality of the wallet can be called something similar to a bank account, but this is not entirely true. Here, the virtual currency exists in a special ledger called the blockchain.

Ethereum wallets

Wallets for storing electronic savings are divided into “hot” and “cold”.

Hot is a type of wallet for storing keys on the Internet. They can be easily accessed from anywhere with an Internet connection. Such services are very easy to set up, allow you to instantly open your profile balance, which provides convenience for traders and other advanced users. However, this is the most unreliable method, because such wallets are attacked by hackers.

As for cold drives, they are directly associated with private keys and are stored offline, so they are used for physical devices (usb wallet). They are more reliable, for example, for long-term investors or “hodlers”, as the connection to the network is only made when the account owner gives confirmation for access. The cold ones are much less likely to be hacked.

Programs

There are the types of digital program savings and their main features below:

They have smart contracts, by which customer accounts are protected with an additional cipher for secure use. Contains two-factor authentication (for recovery through family or friends), personalized whitelists and blacklists, fraud alerts, and emergency ban.

It is a physical device. This is the most secure method, as it does not reveal the encrypted client key on the network during transactions.

Funds are always at hand, as they can be stored on a smartphone.

This is a service that can run exclusively on a personal computer, compatible with any version for Windows, for Mac OS and Linux.

This view is located on the site, it was created to interact with accounts.

Popular drives

There are the best wallets for storing virtual money are:

• MEW Wallet and MEW CX (myetherwallet.com)

MEW W is one of the first official Ethereum mobile apps to ensure data privacy.

MEW CX is an extension for Chrome with Web3 support.

MetaMask Online Wallet is a browser extension and mobile wallet for iOS and Android. It can be used to store ERC-20 tokens.

• Coinbase W (wallet.coinbase.com)

Easy-to-use service for cryptocurrency. The only drawback is the lack of a Russian-language interface.

Decentralized digital asset storage platform. The system can analyze the market and make forecasts.

The online wallet is mobile centralized, which allows users to access the blockchain without storing it locally, is closed source, DeFi and staking.

• Online wallet MyCrypto (mycrypto.com)

Available on both a computer and a smartphone. MC has pioneered the provision of deferred payments service. The essence of this function is that thanks to the Chrono Logic smart contacts database, users can pre-set the time at which transactions will take place. The main disadvantage is the lack of backup, which means that the developers relieve themselves of responsibility for saving digital money, and if the client loses the key, he will no longer be able to restore access to his balance.

Trust Wallet is the main way to store ETH on a smartphone. It is easy to use and tied to the main blockchains of the Ether ecosystems. Suitable for iOS and Android.

The mobile wallet service has versions available for download in the App Store and Google Play. It contains the function of providing a loan of ERC-20 tokens at interest.

How to create MEW

You will find Ethereum instructions on how to create a MyEtherWallet wallet below.

MyEtherWallet (MEW) is one of the most convenient services that provides the ability to create private keys for storing Ethereum.

First you need to go to the official website https://www.myetherwallet.com/create-wallet.

Then you should make a new drive.

It is important to read this brief introduction carefully to protect your account. Click “continue” and read all the information in detail.

Then click “next”, and then “where to start”.

A page will be offered with the download of the online wallet MyEtherWallet, where you can choose different options: MEW – the most reliable method for users; Key Storage File and Mnemonic Phrase – for advanced users.

MEW is available for Android or iOS 11.2 and up.

The example will consider installing the MEW browser application on Android 10.

You need to choose to download using Google play.

After that you need to download (the procedure takes about one minute).

Next, you should open the application.

Wait a few seconds.

The next step will be the “Young Crypto Fighter Course”. After familiarization, you should click on the plus sign.

In the new one, you can come up with a six-digit pin-code, which will be further used to log into your account.

It is worth noting that for a smartphone with support for biometric data, you can leave a fingerprint as a password.

Then the data is generated and processed.

Click on “start using” after all the manipulations.

Fine. The Ethereum wallet is now created.

Myetherwallet is a simple and straightforward management application. It has three tabs: wallet, exchange and training center.

You can see the balance, make a new wallet for the token, make an exchange, make a backup and more in the wallet tab.

The exchange tab contains information about the current exchange rate for tokens and payment history. You can also exchange or buy different coins here, such as LEO, MKR, LINK, etc.

In order to exchange cryptocurrencies, you need to have funds in the token wallet account. You can top up your balance using any bank card.The Learning Center tab provides a knowledge base, useful tips for using the application, and much more.

Output

A cryptocurrency wallet is a great alternative to the classic paper wallet. Keeping your savings online is easy and safe. The main thing is to be attentive to details when choosing a way to store money and make a choice based on personal preferences. Fortunately, there are now a lot to choose from: for offline media, for mobile devices, for personal computers or websites – all of these options are available to anyone.

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