Assets, Ethereum

Does Mycelium Wallet Support Ethereum?

Yes, the Mycelium wallet supports Ethereum. The Mycelium wallet is a Hierarchical Deterministic (HD) wallet that uses a 12-word master seed to generate all of the private keys for your accounts.

NOTE: Mycelium Wallet does not natively support Ethereum. While there is a workaround to allow for the storage of Ethereum, it is not a feature that is officially supported by Mycelium Wallet and comes with some risks. We advise you to exercise caution when attempting this workaround. Additionally, you should always make sure to keep your Ethereum wallet backed up in multiple locations and never store large amounts of Ethereum in an unsupported wallet.

This means that you can generate an unlimited number of accounts and addresses from the same seed, and your accounts are all backed up by the same 12 words. The Mycelium wallet also supports multiple currencies, so you can store your ETH alongside your BTC, LTC, and other altcoins.

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