Hey there, fellow crypto enthusiasts! Ready to level up your crypto trading game on MyEtherWallet? You're in for a treat, as we dive into the world of custom tokens on MyEtherWallet (MEW). Whether you're a seasoned hodler or just stepping into the exciting realm of cryptocurrencies, understanding how to add custom tokens to your MEW web wallet can be a game-changer.
Imagine having the power to manage not only major cryptocurrencies but also those unique, lesser-known tokens that you believe hold immense potential. Well, you're in luck! In this blog, we'll walk you through the simple steps to seamlessly add custom tokens to your MEW web interface.
From grasping the basics of custom tokens to navigating the process to add tokens to the MEW wallet, you'll soon be confidently managing your diversified crypto portfolio. So, let's unlock the full potential of your MEW wallet and make those custom tokens a part of your financial journey. Ready to make your wallet truly yours? Let's get started!
Ultimate guidance on adding custom tokens to MyEtherWallet
MEW allows you to add any ERC20-supported crypto token to your MEW account. If you want to proceed with adding a custom token, you need to first gather some token information such as:
- Contract Address
- Decimal Count
- Token symbol
For ERC20 tokens, you can collect this data from Ethereum explorers including Etherscan.io or Ethplorer.io and once you have collected this data, you can navigate through the process guided below.
Steps to add custom token on MEW
- Access MyEtherWallet: Open your web browser and go to the official MyEtherWallet website: https://www.myetherwallet.com.
- Unlock Your Wallet: Unlock your existing Ethereum wallet by entering your wallet's private key, keystore file, or mnemonic phrase, or by connecting a hardware wallet.
- Navigate to the "Add Custom Token" Section: After unlocking your wallet, you'll be directed to the MEW dashboard. In the left-hand sidebar, find and click on "Add Custom Token."
- Input Token Details: You'll now need to provide the token contract details:
- Token Contract Address: This is a unique address associated with the custom token's smart contract.
- Token Symbol: The shorthand symbol of the custom token.
- Decimals: The number of decimal places the token uses for.
- Save Token: After inputting the token details, click "Save". MEW will verify the information and, once confirmed, your custom token will be added to your wallet interface.
- View Your Custom Token: Return to the MEW dashboard. In the token balance section, you'll now see your custom token displayed alongside your existing Ethereum balance.
And that's it! By following these steps, you've mastered the process of adding custom tokens to MyEtherWallet.
Summing It Up!
After ending up the process mentioned in this read, you're now equipped to diversify your crypto portfolio and manage a wide range of tokens with ease. In case, you need any support, you can scroll through the help page of the MyEtherWallet to get proper assistance. Wrapping up this read with a bonus tip that inputting wrong token data may lead to creating discrepancies in the token balance so make sure to input it accurately always.