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How to add a custom token in your MyEtherWallet


Sep 10, 2017 Posted /  2504 Views


How to add a custom token in your MyEtherWallet

How to add a custom token in your MyEtherWallet


My Ether Wallet:

My Ether Wallet is a free, open-source, client-side interface for generating Ethereum wallets & more by which you can interact with the Ethereum blockchain easily & securely.


How to create a new wallet on My Ether Wallet?


1. Go to https://www.myetherwallet.com/.


2. Enter a strong but easy to remember password. Do not forget it.

This encrypts (protects) your private key. It does not generate your private key. This password alone will not be enough to access your Ether.


3. Click the "Generate Wallet" button.


4. Download your Keystore / UTC file & save this file to a USB drive.


5. Read the warning. If you understand it, click the "I understand. Continue" button.


6. Print your paper wallet backup and/or carefully hand-write the private key on a piece of paper.


7. Copy & paste your address into a text document somewhere.

Search your address on https://etherscan.io/. Bookmark this page. This is how you will view your balance at any time


8. Send a small amount of Ether (0.0001 ETH) from your previous wallet or exchange to your new wallet.


9. Unlock your new wallet from the Keystore / UTC file on your USB drive or via the private key that you printed out. Ensure it unlocks the wallet you are sent to and matches the bookmark you have.

Do not simply leave your new wallet open. Pretend you are coming back a year later to access your riches. Can you do it?


10. Send a small amount of Ether (0.00001 ETH) from this new wallet to another address.

Perhaps our donation address? We are a free, open-source service. There are no fees, no ads, no tracking, no cookies, no selling your data.



11. Ensure you have recorded all necessary bits of information and the addresses match at all times. If they don't, you mis-wrote something somewhere. That means it's time to start from the beginning in order to make sure you never lose access to your funds.


Doing all of this is tedious, but it ensures you (1) have complete access to your funds (2) the address you sent to is correct and matches the private key you have saved and (3) you can rest easily for years to come, knowing you will be able to access your ETH later.



How to add a Custom Token in your My Ether Wallet?


Ethplorer.io is a great way to explore tokens and find the decimals of a token.


1. Navigate to the "Send Ether & Tokens" page.



2. Unlock your wallet.



3. Enter the address you would like to send to in the "To Address:" field.



4. Enter the amount you would like to send.



5. Select which token you would like to send.


6. If you do not see the token listed:

a. In the sidebar, click "Add Custom Token".

b. Enter the address, name, and decimals of the token. These are provided by the developers of the token and are also needed when you "Add a Watch Token" to Mist.

c. Click "Save".

d.You can now send that token as well as see it's balance in the sidebar.


7. Click "Generate Transaction".


8. A couple more fields will appear. This is your browser generating the transaction.



9. Click the blue "Send Transaction" button below that.



10. A pop-up will appear. Verify that the amount and the address you are sending to are correct. Then click "Yes, I am sure! Make transaction." button.



11. The transaction will be submitted. The TX ID will display. You can click that TX ID to see it on the blockchain.



Sources: https://www.myetherwallet.com/


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