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How To Create An Ether Wallet | MyEtherWallet Lesson

Step 1: Go to https://www.myetherwallet.com/ and make sure the URL is correct and MYETHERWALLET LLC [US] certificate is there.


MyEtherWallet

Step 2: Go to the “New Wallet” Tab.


MyEtherWallet

Step 3: Enter a Strong Password.


MyEtherWallet

Enter a password that will be used to access your wallet:

1. Create a strong password, using upper and lower-case letters, and also numbers and symbols (e.g., “#”, “@”, etc.).

2. Do not lose this password. Losing this password is equivalent to losing all ETH and BDG stored in your account. Click on the Create New Wallet button.

Step 4: Save Your Keystore File.


MyEtherWallet

This file contains your private and public keys and is required every time you want to access your account.

NOTE: you won’t be able to access your account without this file and the password from the previous step. Losing either one of them is equivalent to losing all ETH and BDG stored in your account.



Step 5 (optional): Backup Your Private Key.


MyEtherWallet

If you would like to make this account accessible by other Ethereum wallets, you can export and backup your private key.

NOTE:You should never share your private keys with anyone else. If your wallet address is the equivalent of your bank account number, then your private wallet key is your PIN. If anyone obtains your private key, they will have access to all of your funds.



Step 6: Unlock Your Wallet to View the Public Address.


MyEtherWallet

Follow the instructions to unlock your wallet and get your public address:

  • Select the Keystore File (UTC / JSON) and select the keystore file you’ve downloaded in the previous step.

  • Input the password you set on step 3 and click on the Unlock button to unlock it.


Step 7: Save Your Public Address


Now that you have created the wallet you should now be able to see your Ethereum public address under the Your Address label or the Account Address section.

MyEtherWallet

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