Software Alternatives, Accelerators & Startups

MyEtherWallet VS Crypto APIs

Compare MyEtherWallet VS Crypto APIs and see what are their differences

MyEtherWallet logo MyEtherWallet

MyEtherWallet is a free, open-source, client-side interface.

Crypto APIs logo Crypto APIs

Crypto APIs โ€“ Blockchain infrastructure suite for Web 3.0. We make the interactions with blockchains easy, fast and at a fraction of the cost.
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05
  • Crypto APIs Landing page
    Landing page //
    2023-09-12

Crypto APIs is an infrastructure layer that helps development teams build blockchain and crypto products faster. Our blockchain infrastructure suite can be applied across different businesses and use cases.

Blockchain Data โ€“ Provision of unified data with quick response time of under 25 ms. Blockchain Events โ€“ Real-time notifications for multiple event types across leading blockchain networks Node as a service โ€“ Shared or dedicated node infrastructure for top blockchains Non-custodial wallets โ€“ open-source key management system for secure generation and storing of private keys Blockchain tools - A set of prepared cryptographic APIs which save time and effort. Derive receiving/change addresses from HD wallet (xPub, yPub, zPub), broadcast signed transactions, and more. Market Data - Get access to Unified market data using REST APIs from top crypto exchanges Blockchain Automations - Setup forwarding rules to send all of your funds to one secure and main wallet.

Crypto APIs offers free subscription plan with access to all available testnet networks. Paid subscription plans start from just $129 per month with different packages, including custom plans, to suit the individual needs of each client.

Crypto APIs

$ Details
freemium $49.0 / Monthly
Platforms
Web iOS Android REST API Node JS .Net Python Ruby Go Java PHP Erlang
Release Date
2018 March
Startup details
Country
Bulgaria
City
Sofia
Employees
10 - 19

MyEtherWallet features and specs

  • User Control
    MyEtherWallet (MEW) is a non-custodial wallet, meaning users have full control over their private keys and funds, enhancing security and autonomy.
  • Open Source
    Being open-source software, MEW allows users and developers to review its code, enhancing transparency and security.
  • Compatibility
    MEW is compatible with various hardware wallets like Ledger and Trezor, providing additional security options for users.
  • Wide Range of Tokens
    MEW supports a wide variety of Ethereum-based tokens (ERC-20), making it versatile for different types of users and use cases.
  • Integrated with DeFi
    MEW offers integration with decentralized finance (DeFi) platforms, enabling users to easily access various DeFi services.
  • Web and Mobile Access
    MEW offers both a web interface and a mobile app, allowing users to access their wallets conveniently.

Possible disadvantages of MyEtherWallet

  • User Responsibility
    As a non-custodial wallet, users are fully responsible for managing their private keys. Losing keys means losing access to funds, and there is no way for customer service to recover them.
  • Phishing Risks
    Being a popular online wallet, MEW is often targeted by phishing attacks. Users must be cautious to ensure they are using the correct website.
  • Technical Knowledge
    MEW may require a certain level of technical knowledge to fully utilize its features, which could be a barrier for beginners.
  • Limited Support
    MEW has limited customer support compared to custodial wallets, which might be a challenge for users needing immediate assistance.
  • Security Risks
    Since MEW is primarily a web-based wallet, it can be vulnerable to online threats and hacking risks. Users need to implement strong security practices.

Crypto APIs features and specs

  • Comprehensive API Suite
    Crypto APIs provides a wide range of APIs that cover various aspects of the cryptocurrency ecosystem including wallet management, blockchain data, market data, and more, allowing developers to integrate complex functionalities easily.
  • Streamlined Development
    By using Crypto APIs, developers can significantly reduce the time and effort required to develop blockchain applications, as the service offers pre-built, modular APIs that can be easily implemented.
  • Support for Multiple Blockchains
    Crypto APIs supports multiple popular blockchains, enabling developers to work with different cryptocurrencies and blockchain technologies within a single platform.
  • Real-Time Data Access
    The platform provides real-time access to blockchain data, which is essential for building responsive and up-to-date applications.
  • Enhanced Security
    Crypto APIs includes security features such as integrated wallet and transaction management, ensuring the secure handling of user data and transactions.

Possible disadvantages of Crypto APIs

  • Cost
    Using Crypto APIs can be expensive for small projects or startups as their pricing plans may not fit tight budgets, especially for applications with a large volume of API calls or requiring premium features.
  • Dependency on Third-Party Service
    Relying on Crypto APIs means that your application becomes dependent on the availability and reliability of a third-party service, which may be a concern for some developers.
  • Learning Curve
    While Crypto APIs simplify many tasks, there can still be a learning curve involved in understanding and effectively utilizing their extensive range of features and tools.
  • Limitations in Customization
    Developers may find limitations in customization compared to building custom solutions from scratch, as they are confined to the features and functionalities provided by Crypto APIs.

Analysis of MyEtherWallet

Overall verdict

  • MyEtherWallet is a good option for those looking to manage Ethereum and ERC-20 tokens. Its ease of use, security features, and flexibility make it a viable choice for both new and experienced cryptocurrency enthusiasts.

Why this product is good

  • MyEtherWallet (MEW) is popular among users for its ease of use, especially for beginners in the cryptocurrency space. It allows users to create wallets for Ethereum and ERC-20 tokens without the need for third-party software. MEW is also a non-custodial platform, meaning users have full control over their private keys and funds, enhancing security. The platform supports hardware wallet integration and provides a simple interface for managing Ethereum-based assets.

Recommended for

    MyEtherWallet is recommended for those who are comfortable managing their private keys and prefer a non-custodial solution to hold Ethereum and ERC-20 tokens. It is especially suitable for users who value integration with hardware wallets for enhanced security.

MyEtherWallet videos

How Create MyEtherWallet (MEW) Account | Complete Tutorial 2020

More videos:

  • Demo - How To Use MyEtherWallet: Demo & Review
  • Review - Setting Up & Using MEWconnect with MyEtherWallet

Crypto APIs videos

Crypto APIs - The infrastructure layer of any Crypto & Blockchain product

More videos:

  • Review - Crypto APIs integrates complex blockchain protocols

Category Popularity

0-100% (relative to MyEtherWallet and Crypto APIs)
Cryptocurrencies
87 87%
13% 13
Cryptocurrency Wallets
100 100%
0% 0
Crypto
77 77%
23% 23
Blockchain
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare MyEtherWallet and Crypto APIs

MyEtherWallet Reviews

Top DeFi Wallets
In the earlier days, wallets such as MyEtherWallet dominated the market while providing clunky UI/UX. Fortunately, within the past year, many wallets have upped their game and are creating better interfaces with significantly better user experience.
Source: defirate.com

Crypto APIs Reviews

11 Best Crypto APIs for Developers
The pricing options are usage-based, so you can always upgrade your plan if you need to serve higher demand or scale fast. Using Crypto APIs Wallet as a Service product can also save you up to 90% on transaction network fees.
Source: medium.com

Social recommendations and mentions

Based on our record, MyEtherWallet seems to be a lot more popular than Crypto APIs. While we know about 55 links to MyEtherWallet, we've tracked only 2 mentions of Crypto APIs. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MyEtherWallet mentions (55)

  • WELCOME NEWCOMERS!!๐ŸŽ‰๐ŸŽ‰
    Never share your private key/recovery phrase (same thing in different form). I made one exception to this, which was to use myetherwallet.com to generate my private key from the reovery phrase, then use my private key to import my account into metamask. Source: over 2 years ago
  • MEW v5 sunsetting on October, 4th 2022!
    In order to prevent any issues with wallet access after the sunsetting of MEW v5, try out our current version of MEW at https://myetherwallet.com. Source: over 2 years ago
  • How to find and unstake HEX without Metamask access - is it possible?
    If you have the mnemonic seed phrase, you can find out what the corresponding Private Key/Ethereum address is, for example, with myetherwallet.com. However, any Ethereum wallet works for this, Electrum or Exodus are also legit choices and always safer choices than an online wallet provider. Source: almost 3 years ago
  • What is the absolute most secure way to create an Ethereum wallet?
    Visit website to create public and private key (like myetherwallet.com). Source: about 3 years ago
  • Lost 17,000 $ of ETH due to hacked Metamask wallet
    Thank you! I just checked that. The account is newly created, it was only connected to myetherwallet.com. Maybe the whole Metamask wallet was compromised so the hacker can access to all the accounts within it. Source: over 3 years ago
View more

Crypto APIs mentions (2)

  • List of deposit addresses
    Where did you find any reference to cryptoapis.io (please provide links, as this is something we haven't discovered). Source: almost 2 years ago
  • Luc Schiltz (ex Europol Most Wanted) wallet receives your deposits
    Also looks like most transactions are automated through https://cryptoapis.io, not Ledger. Source: almost 2 years ago

What are some alternatives?

When comparing MyEtherWallet and Crypto APIs, you can also consider the following products

Jaxx - Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension

Coinbase - Bitcoin, safe and easy.

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

Toshi - A browser for the Ethereum network

Bitquery - Tools that parse, index, access, search, & use info across blockchain

Trezor.io - The Hardware Bitcoin Wallet