Software Alternatives, Accelerators & Startups

MyEtherWallet VS Curve

Compare MyEtherWallet VS Curve and see what are their differences

MyEtherWallet logo MyEtherWallet

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

Curve logo Curve

A curve.fi portal for swapping cDAI/cUSDC
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05
  • Curve Landing page
    Landing page //
    2023-08-25

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.

Curve features and specs

  • Low Slippage
    Curve is designed to minimize slippage, especially for stablecoins, by utilizing a specialized bonding curve which makes trading more efficient.
  • High Liquidity
    Curve pools often have large amounts of liquidity, making it easier for traders to execute large trades without affecting the market price significantly.
  • Efficient Stablecoin Trading
    The platform is optimized for stablecoin swaps, providing users with better rates and lower fees compared to other DEXs.
  • Yield Farming and Incentives
    Curve offers attractive yield farming opportunities and distributes CRV tokens, serving as an incentive for liquidity providers.
  • Community Governance
    CRV token holders participate in protocol governance, allowing for decentralized decision-making regarding upgrades and changes to the platform.

Possible disadvantages of Curve

  • Complex User Interface
    The platform's UI can be difficult to navigate for beginners, potentially deterring new users unfamiliar with DeFi.
  • Smart Contract Risks
    Like all DeFi platforms, Curve is subject to smart contract risks, which can lead to vulnerabilities being exploited, although audits are conducted regularly.
  • Regulatory Uncertainty
    The DeFi space faces regulatory scrutiny, which could impact Curve's operations or accessibility in the future.
  • Impermanent Loss
    Liquidity providers face the risk of impermanent loss, especially during volatile market conditions, which can erode potential earnings.
  • Dependence on Stablecoins
    Curve's focus on stablecoins means that its ecosystem is highly dependent on the stability and trustworthiness of these assets.

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

Curve videos

Curve Card | 2020 Review | Is Metal Worth It?

More videos:

  • Review - Watch This Before You Get Curve | Curve Card Review 2021
  • Review - Curve Card | 2021 review & guide

Category Popularity

0-100% (relative to MyEtherWallet and Curve)
Cryptocurrencies
70 70%
30% 30
Online Payments
0 0%
100% 100
Cryptocurrency Wallets
100 100%
0% 0
Crypto
72 72%
28% 28

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 Curve

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

Curve Reviews

We have no reviews of Curve yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Curve should be more popular than MyEtherWallet. It has been mentiond 138 times since March 2021. 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!!🎉🎉
    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

Curve mentions (138)

  • Issue connecting to curve.fi
    I'm having a strange issue. I have liquidity in a curve.fi pool from my celo address. When I try to connect my Valora wallet to curve.fi it automatically goes to Ethereum network and will not go to any other network. I need to be on the celo network. Whether I connect through Valora directly or through a browser (wallet connect) I get the same issue. Has anyone else experienced this? Thank you for your time. Source: almost 2 years ago
  • Why are so few people talking about the new CurveDao drop? I think it's one of the coolest crypto projects in recent times. It's clearly one of the most significant airdrops of this year. What do you think?
    SCAM!!! This is a phishing site, not the original site (https://curve.fi). Do not connect your wallet. You will lose your funds. Downvote and report. Source: almost 2 years ago
  • With what's happening with Binance, Coinbase, and others lately, I think we should switch to DeFi Platforms and Hard Wallets ASAP.
    But I suggest if you have a huge amount of crypto sitting in a CEX right now, it’s high time you take that off of CEXes and swap that over to Uniswap, PancakeSwap, Houdini Swap or whatever DEX swapping platform you use (maybe Curve?). Source: almost 2 years ago
  • "The Internet of Money [Bitcoin] should not cost 5 cents a transaction, it's kind of absurd" - Vitalik 2017
    Well, I never tried Sushiswap but my example was from curve.fi, you can test yourself if you don't believe me. Source: about 2 years ago
  • OptiSwap
    For that kind of trade you'll probably find better rates on more modern pools (curve.fi or uniswap v3). Source: about 2 years ago
View more

What are some alternatives?

When comparing MyEtherWallet and Curve, 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

N26 - The Mobile Bank

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

PancakeSwap - Cheaper and faster than Uniswap? Discover PancakeSwap, the leading DEX on Binance Smart Chain (BSC) with the best farms in DeFi and a lottery for CAKE.

Toshi - A browser for the Ethereum network

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...