How to create Ethereum Address in Myetherwallet (MEW)

Recommendation

First of all, I would recommend using Ledger/Trezor hardware wallets for storing your Crypto Currencies and Tokens since the private keys never leave the hardware wallets

Introduction

1. Myetherwallet (MEW) is not our personal wallet, it will enable you to access your ERC20/ERC223 Tokens from the Ethereum Blockchain and does not need you to store the entire Ethereum blockchain in your system.

• While there are many wallets that do support Ethereum and its token transactions, MEW on the other hand used by many and easy to use and supports following ways to access your waller on the Ethereum Blockchain

* Once again Ledger/Trezor or other hardware wallets are the safest way to manage cryptos

• Creating Ethereum wallet with myetherwallet

• Go to https://www.myetherwallet.com/
• Enter a strong but easy to remember a password. Do not forget it.
• This encrypts (protects) your private key. It does not generate your private key. This password alone will not be enough to access your Ether.
• Click the "Create New Wallet" button.
• Download your Keystore / UTC file & save this file to a USB drive.
• This is the encrypted version of your private key. You need the password to access it. It is safer than your unencrypted private key but you must have your password to access it in the future.
• Read the warning. If you understand it, click the "I understand. Continue" button.
• Print your paper wallet backup and/or carefully hand-write the private key on a piece of paper.
• Save your address somewhere where you can access it when needed (Address can be shared without any worries)
• Search your address on https://etherscan.io Bookmark this page. This is how you will view your balance at any time
• Search your address on https://ethplorer.io to check your token balance and their contract addresses.
• Unlock your new wallet from the Keystore / UTC file on your USB drive or via the private key that you printed out. Ensure it unlocks the wallet you are sent to and matches the bookmark you have.

Please check and bookmark https://www.myetherwallet.com/ and don't get phished.