MyEtherWallet (MEW) is a free, open-source, client-side interface for creating and managing Ethereum wallets. It allows users to interact with the Ethereum blockchain and enables them to send, receive, and store Ether (ETH) and other ERC-20 tokens. MEW is not a traditional web wallet where your private keys are stored on a server, but rather it allows you to create and store your private keys on your own device, which is considered more secure.
MEW is one of the most popular Ethereum wallets and is available in multiple languages. It supports a wide range of hardware wallets such as Trezor and Ledger, MyEtherWallet as well as browser extensions like MetaMask, making it a versatile tool for managing your Ethereum assets. Additionally, MEW also has a built-in decentralized exchange (DEX) called MEWswap that enables users to trade ERC-20 tokens directly from their wallets.
It is important to note that MEW is a third-party wallet and users are responsible for their own security. It is recommended to always verify the authenticity of the website before accessing it to avoid phishing scams. Users should also take appropriate measures to secure their private keys and avoid sharing them with anyone.