MyEtherWallet (MEW) is a free, open-source, client-side interface for generating Ethereum wallets & more. Interact with the Ethereum blockchain easily & securely.
Most people think of Bitcoin when they think of cryptocurrency. And while it is true that Bitcoin is the most well-known and widely used cryptocurrency, there are actually many different types of cryptocurrency.
One of the most popular types of cryptocurrency is Ethereum.
MEW is a popular Ethereum wallet. However, people often wonder if MEW supports Bitcoin.
NOTE: Warning: MyEtherWallet does not support Bitcoin. It is an Ethereum wallet only, and it cannot store Bitcoin. If you are looking for a Bitcoin wallet, please use a different service.
The short answer is: no, MEW does not support Bitcoin.
However, there is a way to use MEW to store your Bitcoins. You can do this by using a service called ShapeShift.
ShapeShift is a service that allows you to convert between different types of cryptocurrency. So, if you have Bitcoin and you want to convert it to Ethereum, you can use ShapeShift to do that.
Once you have converted your Bitcoins to Ethereum, you can then use MEW to store your Ethereum (and your converted Bitcoins). So even though MEW doesn’t natively support Bitcoin, you can still use it to store your Bitcoins by converting them to Ethereum first.
9 Related Question Answers Found
It’s been a little over six years since Bitcoin first entered the mainstream consciousness. In that time, the cryptocurrency has made waves across the world, both in terms of financial investment and as a payment method. For a while, it seemed like Bitcoin was on the path to becoming a major player in the global economy.
In recent years, Bitcoin has become increasingly popular as an investment. Some people believe that it could even replace traditional fiat currencies. Peter Schiff is one of the well-known investors who does not support Bitcoin.
Since Bitcoin is a decentralized currency, it relies on users to keep the network running smoothly. In order to do this, Bitcoin needs nodes, which are computers that store a copy of the Bitcoin blockchain and help to verify transactions. Nodes are what keep the Bitcoin network secure and running efficiently.
There is a lot of talk in the world of cryptocurrency about whether or not Ledger supports Bitcoin. The reason for this is because Ledger is one of the most popular hardware wallets on the market, and people want to know if their investment is safe. The simple answer to this question is yes, Ledger does support Bitcoin.
On May 31, 2019, a U.S. federal judge ruled that Ross Ulbricht, the creator of the Silk Road online drug marketplace, must forfeit nearly $50 million in Bitcoin and other assets to the government. The ruling comes more than five years after Ulbricht was arrested and sentenced to life in prison without the possibility of parole.
Yes, Stripe does support Bitcoin. You can use Bitcoin to make online payments via Stripe. All you need is a Stripe account and a Bitcoin wallet.
Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.
A Bitcoin debit card is a plastic card that gives the cardholder the ability to spend their bitcoins at any merchant that accepts debit cards. The cards are issued by a number of companies, each of which has their own requirements for eligibility and fees. The most common type of Bitcoin debit card is the prepaid card, which can be loaded with bitcoins at any time and used to make purchases anywhere that accepts debit cards.
Ross Ulbricht is an American businessman and entrepreneur who is best known for his involvement with the Silk Road marketplace. Ulbricht was arrested in 2013 and is currently serving a life sentence without the possibility of parole. During his time running the Silk Road, Ulbricht is believed to have amassed a large fortune in Bitcoin.