Software Alternatives, Accelerators & Startups

MyEtherWallet VS XGo

Compare MyEtherWallet VS XGo and see what are their differences

MyEtherWallet logo MyEtherWallet

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

XGo logo XGo

Unlock Crypto's Potential with XGo - Buy, Trade, Earn, and More!
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05
  • XGo Landing page
    Landing page //
    2023-04-14

Discover XGo – the ultimate web2.5 ecosystem for unlocking the full potential of cryptocurrency. Buy your first crypto, manage your portfolio, and receive staking rewards with Superfluid, all in one easy-to-use mobile app. Stay up-to-date with daily crypto news and send/receive crypto with friends for free.

Now you can send, receive, spend, earn, invest, borrow, and trade over 150+ cryptocurrencies effortlessly, thanks to our user-friendly WalletID. Buy and sell crypto with fiat using bank transfers or buy-by-card, swap crypto for other supported currencies, and earn daily interests on idle WalletID assets with no fees or lock-ups.

XGo collaborates with industry-leading organizations to provide a compelling solution for new crypto users. Grow your wealth and seamlessly connect your crypto to everything you need with virtual cards. Join XGo today to experience the true power of crypto!

XGo

Website
xgo.com
$ Details
-
Platforms
iOS Android Web
Release Date
2020 March

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.

XGo features and specs

  • Superfluid staking (an innovative service allowing to stake coins without locking them)
  • Spot trading (over 130 cryptocurrencies)
  • Margin trading (up to x12 leverage)
  • Crypto futures trading (x25 to x100 leverage)
  • Maker-taker fee model
  • Live market data
  • Affiliate Program
  • Crypto-to-crypto, fiat-to-crypto, crypto-to-fiat swaps
  • Cryptocurrency wallets operated via a unified address (WalletID)
  • Crypto borrowing service

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

XGo videos

My new robot dog! XGO-Mini Review

More videos:

  • Review - XGO under garment review
  • Review - Xplora X6 Play vs. XGO 3 | Which One to Get?

Category Popularity

0-100% (relative to MyEtherWallet and XGo)
Cryptocurrencies
85 85%
15% 15
Cryptocurrency Wallets
84 84%
16% 16
Cryptocurrency Exchange
0 0%
100% 100
Crypto
78 78%
22% 22

User comments

Share your experience with using MyEtherWallet and XGo. For example, how are they different and which one is better?
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Reviews

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

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

XGo Reviews

  1. XGo makes it easy

    Switching between regular cash and cryptocurrencies can sometimes feel like a real headache on certain platforms. But then there's XGo, and it's like they've just blended these two worlds into a seamless experience. It's like the missing piece I didn't know I needed. This tiny change in the way they handle it might not sound like a big deal, but for folks like me who regularly swap between the two, it's a world of difference.

    So, if you're like me, doing these swaps all the time, you'll definitely appreciate the thought they've put into it.

    👍 Pros:    Xgo id|Simple to use|Secure
  2. Navigating the crypto world with XGo

    As someone who isn't a seasoned crypto pro, XGo felt like a serene introduction to this dynamic landscape. The XGoID feature made the whole process feel less daunting, and I also could easily swap currencies without any complicated procedures. The Earn Rewards system struck me as a gentle initiation into the world of crypto earnings, and I'm genuinely excited about diving deeper into this feature.

    👍 Pros:    Xgo id|Simple|Easy user interface
    👎 Cons:    Limited geographic availability
  3. Christensen
    Pretty satisfied, but with some suggestions

    So, here's the scoop on XGo from my experience. It's pretty decent, I won't deny that. They've got a nice selection of cryptocurrencies, and that whole swapping thing they've got going on? It's pretty darn useful, no doubt about it. But you know what, it's missing that special something, that 'wow' factor, you know what I mean?

    Here's my two cents on how they could kick things up a notch. How about adding a newsfeed or a community forum? That would bring in some extra engagement and make the whole XGo experience even more exciting. Imagine connecting with other users, sharing tips, and staying updated on the latest crypto happenings all in one place. That would be something worth talking about!

    👍 Pros:    Xgo id|Secure

Social recommendations and mentions

Based on our record, MyEtherWallet seems to be a lot more popular than XGo. While we know about 55 links to MyEtherWallet, we've tracked only 3 mentions of XGo. 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: almost 3 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

XGo mentions (3)

  • Discover the Power of XGo: Unleash Your Crypto Potential!
    Xgo.com. You will find all the answers there. Source: about 2 years ago
  • New here
    If you want to use a centralised exchange, check out: Https://xgo.com/ Https://coinex.com/ Https://mercatox.com/ (available in USA afaik). Source: about 2 years ago
  • From newbie to pro: XGo has you covered
    So what are you waiting for? Join XGo today and start your crypto journey with confidence! Join us at https://xgo.com. Source: about 2 years ago

What are some alternatives?

When comparing MyEtherWallet and XGo, 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

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

Coinbase - Bitcoin, safe and easy.

Toshi - A browser for the Ethereum network

Binance - Cryptocurrencies exchange platform

Trezor.io - The Hardware Bitcoin Wallet