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MyEtherWallet (MEW) Tutorial - How to Export Private Keys & ERC20 Tokens - YouTube
Channel: Every Bit Helps
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Hi I'm Crypto Lou and stainle be taking
you through my ether wallet so I'm going
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to be covering today what is there my
ether wallet how to create an ether
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wallet my ether wallet features how to
send and receive and how to import
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private keys so my teeth wallet is a
fast easy and reliable type of aetherium
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wallet it's a web-based wallet however
it's not quite like traditional
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web-based wallets in the fact that you
don't go through and create an account
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for yourselves it's more like just
giving you access to the etherion
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blockchain and because you don't create
that account they don't store any
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information at all so therefore it's
more secure so if you're currently
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storing your etherium on an exchange
then it can be a little bit risky
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so moving across to my eastern wallet
would be a really good step it's also
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good if you're doing i ciose as it
supports the ERC 20 if they're m tokens
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so to get to the my ether wallet site
what you need to do is type in w WM is a
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wallet comm now it's worth pointing out
that they don't actually currently have
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an up however a fake my ether wallet
made it's number 3 in the app store
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recently and that happened a few days
ago also
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myzel wallet did confirm in a tweet
where they then said this is not asked
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we have for reports and emailed and
reported would appreciate the
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community's assistance in getting these
scam cards out of our lives
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there are also phishing attacks going on
at the moment and where the emails are
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going out that has my mind is the wallet
calm so please ensure that you put in
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the exact address into your address bar
or better still just save it as a
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bookmark so as I said previously you do
not create an account with my ISA wallet
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calm and they don't hold your keys for
you so therefore they can't access your
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accounts they can't recover the keys
they can't reset passwords and they
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can't reverse transactions therefore
what you need to do is protect your keys
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and always check that you are in the
correct URL like I said make sure that
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you are always going to WWE wallet comm
so what we're gonna do now is take us
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through creating a new wallet so here
you can see you've got the create new
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wallet section and my is the wallet I've
got some really good help in here as
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well so if you can't wanted to click
onto how to create a wallet
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it then takes you through all the steps
in here so please feel free to take a
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look through those so the first thing we
need to do here is enter in a password
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to create our new wallet now this
password is really important make sure
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you remember that
like I said they cannot reset your
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password for you if you lose this
password you will then lose access to
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getting into this wallet so it's really
important that you save this or ensure
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that you always remember this password
so I've just typed in my password now
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this is just a test account at the
moment so I'm going to click on to
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create new wallet next up we need to do
is we need to save our keystore file so
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you can't actually move along and you
can't progress until you've done so so
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what you're down doing is downloading
your keystore file which is UTC JSON
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like it says here once you are done
loading it do not lose it it cannot be
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recovered if you lose it do not share it
your funds will be stolen if you use
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this file and a malicious or phishing
site and make a backup secure it like
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the million of dollars it may be worth
one day so what we're gonna do is click
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on to download now what this is is an
encrypted file that you're downloading
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at the moment so it needs to have a
password to then open it then we click
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on to I understand and continue then we
provided with the private key so this
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private key is really important if
you're not aware of what private keys
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are this is your lock to your safe this
if someone got hold of your private key
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they would have access to everything in
your wallet they could send and receive
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as they wish so with this private key
you can also print a paper wallet
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version of it so that you have a cold
storage copy of that private key you can
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then lock it away somewhere private so
for the purposes of this I'm going to
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simply copy this and again it's giving
you those prompts do not lose it it
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can't be recovered do not share it your
funds will be stolen and back it up so
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now I'm going to do is click on to save
your address and there are different
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ways that you can access your wallet so
you can access your wallet using meta
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mask or missed the ledger hardware
wallet at res or Hardware wallet digital
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bit box Keystone or JSON file which is
what we've just downloaded mnemonic
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phrase or a private key I'm what I'm
going to do is I'm going to use the key
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store or the Jason or father I've
downloaded
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so if I just now navigate to that it
then informs me that my wallet is
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encrypted and that I need to enter my
password now what I'm entering here is
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the password that I put in on the
previous screen so I'm just going to go
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ahead and type that in now so you're now
presented with your address so in here
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is your address to receive funds from
others it then has access to that
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encrypted file
it has your private key which is
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encrypted and it has access to print a
paper wallet in here as well on your
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right hand side here again you have your
account address which is your receive
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address you have your account balance
which is currently showing as zero
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etherium and you can view your
transaction history from here as well
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you also have access to a QPR code as
well so that you can obviously and just
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scan that and the private key that's
encrypted here so other features that
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are available on mine's the wallet is
and you can send ether and tokens and
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I'm going to be taking you through that
shortly you can also swap so you can
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swap aetherium for Bitcoin for example
with the use of biti you can also
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generate and send offline transactions
you could interact with contracts you've
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then got Ian S domain sales you can
check your transaction statuses you've
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got Willet information and you've got
help section in here as well what I'm
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gonna do is take us through to send
ether and tokens now anytime you want to
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do something within my ether wallet you
have to go through and select how you're
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gonna access your wallet so again you
would go through if you have a hardware
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device like a ledger wallet or example
you can use those what's also really
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helpful is that if you actually click
onto any of these little and question
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marks it will then take you through to
the ledger site for example and it will
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explain how to use mine's the wallet
with ledger is really helpful and really
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kind of descriptive of how you actually
interact with using mine's the wallet
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with the different kinds of devices what
I'm gonna do is I'm gonna use the and
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key storage a JSON file again I'm going
to select my wallet file and then click
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on to unlock
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why can then do is send ways at Oakland
so in here is where I was put the cinder
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dress I would then put in the amount in
here as well now if you had tokens
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already loaded up to here which I'm
going to show you shortly the tokens
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would then appear in this drop down so
if for example you were sending tokens
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those tokens would be available now
automatically the gas limit is set to
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21,000 you can go through and change the
gas limits and this is how quickly the
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transaction will go from A to B for
example and if you want to have a look
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at information with regards to the gas
prices and the gas limits there's more
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information in here so explains here
that the gas price is the amount you pay
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per unit of gas and is paid to miners
for including your transaction in a
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block the higher the gas price equals
the Falls of the transaction but it is
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more expensive so then what you do is
just simply click on to generate and
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your either would then sent and like I
said earlier the my teeth or wallet also
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supports or ERC 20 tokens so all
etherion tokens which they are shown on
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the right now because they're so may you
actually have to click on to load tokens
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and what sort of loaders you can then
view all the different tokens that you
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can use with my ease the wallet as you
can see there's a quite a vast amount of
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different tokens that are supported if
the token that you have isn't available
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in here you can also click on to add
custom token one thing to mention with
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regards to your account address is that
you only have one aetherium address
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which then works for aetherium it also
works for your etherion based tokens so
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if you're receiving tokens might ease
the wallet is clever enough that it will
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then designate and it will distribute
those into the correct token balances
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now i recently invested into the kik ICO
and I invested using Bitcoin now what
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was uh what was a shame is when it
actually went live is that they actually
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dealt with all the etherion investments
first I was kind of left waiting quite a
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long time to actually receive my token
and so obviously anyone that was before
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me could obviously go through and sell
their tokens before I could or trade
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with them so one thing I recommend is if
you are investing into these type of
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ICOC invest with etherium as it kind of
removes any obstacles that you may face
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what can I do now is
show you how to import your private keys
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now you may want to import your keys
from different types of wallets I know
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it some of them that are supported on
the lights-off blockchain or Exodus so I
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want to show you through an example now
of how to import your blockchain private
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keys now today I'm using a test
blockchain account so it doesn't matter
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the fact that I'm going to be showing
you my private keys today as you can see
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at the moment I've currently got nothing
in this wallet so the first thing you
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would do is if you go to your ether and
then if you click on to export private
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key
now here obviously it says granting
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others access to this private key gives
them the ability to send either from
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this address
exposing your private key to others is a
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security risk that may result in lost
ether you will be asked for your main
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password in order to continue now it's
very similar to any other type of
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private key your private keys are
private for one and secondly it's like
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giving the key away to your safe so it's
something that someone else gets hold of
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then they have access to absolutely
everything in your wallet and can send
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and receive as they please so what I'm
going to do now is I'm going to click on
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to continue and then if you click on to
submit I think access to my private key
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so all I'm gonna do for the moment is
I'm going to copy that private key and
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close this file then take us back to my
ether wallet and now it's asking me how
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I would like to access my wallet and
this time I'm going to do is select
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private key I'm going to paste in that
private key that I've just copied from
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my blockchain and then I'm gonna click
on to unlock your wallet so I've now got
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access to that private key and I've now
opened up the account it should I've had
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any and aetherium in here that would
obviously show up in here as well as any
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tokens that I may have brought across as
well so I hope you found my teeth or
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wallet tutorial today helpful and if you
did then please give me a like if you
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have any questions at all then please
feel free to put them in the below and
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if you'd like to see more tips reviews
in tutorials and please hit subscribe
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thanks and I'll see you soon
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