How to Create your own Ethereum Wallet?

Deal Score+1
Deal Score+1
How to Create Ethereum Wallet
If you’re new to the crypto world and you only knew about bitcoin. You better learn to know about Ethereum (ETH), the second largest market cap (US$24.5B) as of this date. The Ethereum Decentralized Platform is making it easier for third party to create their own cryptocurrency.

In this article,I am going to show you how to create your account using MyEtherWallet and manage all your Ethereum coins .how to send your Ethereum from somewhere like Coinbase to your wallet,
and how to send your Ethereum to us when the token sale begins.

How to Create your own Ethereum Wallet? 1

There are many different Ethereum wallets out there, and most of them
are fine to use. We recommend MyEtherWallet for those of you who are
unfamiliar with different wallets. It’s the most user-friendly.

Step 1: Create Your Ethereum Address:

1.) Visit MyEtherWallet.com website. MyEtherWallet.com
How to Create your own Ethereum Wallet? 2
You will see the main page asking you to create a New Wallet. Go ahead & Enter your a strong password and click on “Create New Wallet“.  Make sure you save the password
somewhere , because there is no recover of password so ,we recommend  you to
saving it on a piece of paper .

2.)  You should see the next page, saving your Keystore file. Click “Download Keystore File (UTC / JSON)“, save it to your desktop or usb and make a multiple copies if possible.

How to Create your own Ethereum Wallet? 3

 3.) Click “I understand. Continue.” then you “Save your Private Key” and Print Paper Wallet. Click “Save your Wallet” when you’re ready.

How to Create your own Ethereum Wallet? 4

Note: 

Save your private key somewhere safe. Do not lose it and do not send us your private key. If you own one, use a printer to get a paper wallet as well.

    4.) You’re almost done. Now, let’s unlock your key to check if everything is working as intended.

    How to Create your own Ethereum Wallet? 5

    5.) First select “Keystore File (UTC / JSON)“, click on “Select your Wallet File
    to browse your Private Keystore that we saved on Step 2. Your wallet is
    encrypted, please enter your password created on Step 1. Click on “Unlock“. You will see a notice “Wallet is decrypted“. Scroll down to check your Wallet Address, for example my Ethereum Wallet Address is 0xeB6F0Af12930d30252Df3F159Bbff9504c78D866. You can use my Wallet Address to send me a Ethereum coin for tipping. 🙂

    OR

    Second option to login to your Ethereum Wallet using your Private Key created on Step 3. Refresh the website, click on “View Wallet Info“, this time select Private Key“, paste/type your private key, then “Unlock“.

    6.)  Once you’ve unlocked your wallet, you’ll see your account balance and
    your Ethereum address. In this example, we’re blurred part of the
    address. This is your public Ethereum address, which you need to submit
    to us (Just to clarify, your public address will be the one that starts with 0x. Do not send us your private key)

    How to Create your own Ethereum Wallet? 6

     Done. We just created our Ethereum Wallet through MyEtherWallet.com , there are a few things you can do with it. For participating in our token sale, you need to do 3 things.

    Step 2: Send Ethereum To Your Address:

    Use
    something like Coinbase or Kraken to buy some Ethereum with USD or EUR
    or whatever your local currency might be. You can also use a local
    exchange if Coinbase/Kraken doesn’t work in your country.
    Once you’ve bought Ethereum, send a small amount to your MyEtherWallet address.
    We suggest you send a small amount first to make sure you’re familiar with the process and have copied your address correctly.
    Some exchanges are a little slow to transfer funds, so you may need to wait 30 minutes or more for the transfer to go through.Once
    the Ethereum shows up in your MyEtherWallet address (also known as
    MEW), you know the process works, and you can send the remainder of your
    Ethereum to your MEW address.

    How to Send Ethereum To Your other Eth Address:

    1. To send your Ethereum we’re going to go back to MyEtherWallet.com and use the “Send Ether & Tokens” tab.
    How to Create your own Ethereum Wallet? 7

    2. On the next page, it will ask you to unlock your wallet, just like you
    did earlier. You can use your private key as well, but in this example
    we’re using the Keystore File since it’s more secure.

    How to Create your own Ethereum Wallet? 8
    3. Next,
    on this page, enter our contribution address. This is the one you’ll
    find in your dashboard in the green area (as we mentioned above).
    How to Create your own Ethereum Wallet? 9
    4. Make sure Gas Price does not exceed 50 Gwei.
    How to Create your own Ethereum Wallet? 10
    How to Create your own Ethereum Wallet? 11
    This refers to the small transaction fee that Ethereum miners charge for the transfer.
    Select
    the amount of Ethereum you’d like to send (minimum 1 ETH for the
    pre-sale only, minimum 0.25ETH required for the crowd-sale) and click
    “Generate Transaction”. Change the gas limit to 150,000.
     Once you complete this process successfully, the contribution will be
    sent to our contract and you will see a proof of the transaction in the
    “Transaction History”.

    OTHER IMPORTANT ARTICALS:

    We Have Already Posted information on our website About Other Exchanges  from where, Users Can Buy & Sell
    The Currencies Like Bitcoin, Ethereum, Ripple Through these Exchanges which are Specially Available for INDIAN USERS   Zebpay  | Unocoin   |  how to invest in Bitcoin  |  BuyUcoin  |  WazirX

    DISCLAIMER:- Cryptocurrency trading Business is a very risky business , Loss and Profit both are doing on your own Responsibilty ,
    Sometime loss and sometime profit,
    I’m not responsible for your any loss… I’m just sharing a information to you that HOW TO BUY CRYPTO-CURRENCY IN INDIA with INR.

    THANK YOU READING THIS POST. PLEASE SHARE THIS POST & LIKE US ON FACEBOOK.
    Join Our NEW Telegram Channel and WIN PAYTM CASH FREE-Join Now
    Online Raho
    Logo