Introduction to MyCrypto
To be able to transfer, receive, or even to stock Ether, you will need to have an Ethereum wallet. My Crypto is an online service platform and application.
To be able to create your wallet, go to the website and click on CREATE WALLET.
You will come to a page that presents several ways to create your wallet. Choose DOWNLOAD MYCRYPTO APPLICATION. Download the application on the support of your choice (MacOS, Linux, Windows) and install it.
Create a MyCrypto wallet
Open the application and GENERATE A WALLET. Click on GENERATE A WALLET. To create your wallet, choose between the Keystore file or the mnemonic phrase.
After selecting the KEYSTORE FILE option, you will need to enter a password of at least 12 characters. Then download the Keystore file, save the wallet and your private key.
MNEMONIC PHRASE :
After selecting the MNEMONIC PHRASE option, you will have to copy the words that appear on the screen. Then save the wallet and your private key.
Your My Crypto wallet is finally created. You will find your account after logging in by clicking on “View & Send”.
What about Ethereum Classic ?
By default, MyCrypto is on the Ethereum Network. If you want to open an Ethereum Classic wallet, you have to change the Network to Ethereum Classic.
Click on « Change Network » and choose « Ethereum Classic ». After that, you can now create an Ethereum Classic wallet. The registration process is the same as Ethereum.