Mew Wallet has good popularity. With over 1 million downloads, it’s clear traders trust it for some reason. Still, when you see a company running multiple domains and registering other platforms, there must be some questions.

To find out what the pros and cons of this wallet are, don’t miss a single detail in this Mew Wallet review. Also, our TradeGateHub review might be useful if you are exploring other investment options.

Who Runs Mew Wallet?

Legally, it all points out that ownership belongs to MyEtherWallet Inc., a company registered in the US, even though they don’t reveal any registration details whatsoever. In any case, the founder of this crypto wallet is Kosala Hemachandra. He is also tied up with a company called Enkrypt.com, which is another multi-chain wallet. 

All in all, Mew Wallet is a non-custodial online crypto wallet. Such wallets don’t require regulatory oversight, and their open-source nature allows users to inspect the code transparently. But is it as safe as it seems?       

What Do Traders Say?

Generally speaking, Mew Wallet reviews are split. Some users say it’s a reliable crypto wallet provider, while others mention suspicious activities. It all depends on whom you trust. For instance, if you check Trustpilot reviews, you can find 100% negative comments with issues regarding malicious policies and requirements. 

On the other hand, if you check the comments in PlayStore or AppStore, you might find more positive experiences. Still, there’s a reason for doubt when anybody reports suspicious activities. Also, we shouldn’t forget the Reddit platform, which is becoming more and more reliable in terms of reporting problems. All in all, there are far more reliable options than the Mew Wallet crypto wallet provider. 

What Is Mew Wallet All About?

As can be seen, this Ethereum Mew Wallet blockchain platform is designed to help traders easily swap, borrow, and stake cryptocurrencies. It’s a non-custodial wallet that can be easily integrated with other Dapps and cold wallet storage. 

With a few clicks, users can swap cryptos, buy and sell them, and buy NFTs. With all these features, it’s no wonder why so many traders got involved with this platform. But to learn more about the trading world, we invite you to check also our CrystalFX review. 

What Coins Does The Platform Support?

Generally, the Mew Wallet Ether-based foundation allows users to trade all ERC 20 tokens. Practically, you don’t have to add any of those manually compared to some other wallet providers. Some of the most popular options are: 

• Tether
• USDC
• Lido
• Shiba Inu
• Wrapped BTC
• Chainlink and many more. 

Does The Company Offers Desktop and Mobile Apps?

Whether you opt for Mew Wallet staking features or swapping, you can access your wallet only via a browser on a desktop device. Also, there’s a browser extension available to connect your Web3 wallet. Thus, this extension is available through the less popular Enkrypt platform. 

Nevertheless, when it comes to mobile apps, the company offers fairly reputable iOS and Android apps. For seamless Mew Wallet token swaps, we recommend you always use trusted apps. Another benefit of that is that traders can buy tokens with their credit and debit cards directly from the Mew Wallet app. 

What Are Mew Wallet Fees?

Since the Ethereum network is decentralized, traders can’t expect standard fees, such as the ones with exchanges. Once you complete the Mew Wallet login process, you will realize that only gas fees are charged. These are generally paid in ETH, and that’s where the potential problem lies. 

As can be seen, many users reported issues and possible manipulations with these fees. Fairly, the fees can be changed at any time, and the company might have unreasonable requirements for those. Most importantly, gas fees will be calculated based on the volume or traffic before you initiate the transfer. To avoid any obstacles along the way, make sure to work with trusted providers.

Customer Support Enigma

It’s important to realize that Mew Wallet support is only available via e-mail and Telegram. Compared to some other wallet providers, that’s not even close to reliable, especially after the mentioned complaints about missing cryptos, extremely high fees, etc. Also, there’s a chatbot feature, but if you have a critical issue, it can hardly help you solve it. 

Conclusion: Is Mew Wallet Reliable?

Fairly, with all the tokens available and the Mew Wallet NFT offer, it’s quite easy to attract new users. However, you must rethink your choices when some of those point out possible issues, especially related to disappearing funds. Indeed, crypto trading presents a whole new level of investing. Therefore, traders should be careful with it since it carries certain risks.

Thus, there are ways to avoid that risk. For instance, choosing prop firms like Funded Trading Plus. With this UK-based firm, which has more than 2,000 positive feedbacks on Trustpilot, users can trade without the risk of losing their money. They pay a fee for evaluation programs with up to $200k in the virtual balance and very attractive terms and requirements. 

Once they pass it, they become funded traders and could earn up to 90% of the profits generated. Most importantly, you are not risking any of your capital in the market. Funded Trading Plus is the right place to start if you have never used prop trading before. Sign up today and explore a whole new world of trading possibilities.

FAQ

The post Mew Wallet Review – Main Features, Pricing, And More appeared first on Brokers-Exchange.