Today I am sharing with you, How to make an etherium wallet on https://www.myetherwallet.com step by step. Before that let us understand the difference between myetherwallet and other exchanges wallets. Myetherwallet is totally depended upon users or owners. If I have created my wallet then I have to access it and no one can access it. Basically, it is very recommended by many blockchain experts. My Ether Wallet providers do not store our keys or any information. It is very easy to create no any documents required. No username no password no recovery nothing. Just create it and backup the codes.
The following statement is given by myetherwallet
MyEtherWallet.com does not hold your keys for you. We cannot access accounts, recover keys, reset passwords, nor reverse transactions. Protect your keys & always check that you are on correct URL
Let us understand how to create it.
First of all check the URL I have Highlighted. Enter your password. A password is the main thing which will help you to unlock your wallet.
After entering your password click on create new wallet
UTC or Keystore file is the main document. It is the backup of your wallet information. Download it and save it to your drive. If UTC file will be missed by you It means You can never again be able to login
Private Key is the password. In case if you missed or deleted your UTC file you can unlock your account by using the private key. You can also print it by clicking on the option. Now your wallet is ready for unlocking or using.
Go to view wallet Info and click on Key Store or JSON file for unlocking.
Now it is time to select UTC File from your device for unlocking it.
Select UTC file
After selecting UTC. Now enter the password which you have entered during your first step and unlock it.
Now you can see Wallet Adress, Balance and also transaction history by clicking on the link.
Here is the transaction history of my wallet address.
