Using MyEtherWallet (MEW) to Generate Your Address for the WeTrust Trustcoin (TRST) Distribution

The following are instructions on how to use MyEtherWallet (“MEW”) to create a private address for receiving TRST tokens. Note however:

1. MEW is one choice for using a wallet, there are many others out there. It is the user’s responsibility to perform the required research and choose the best ERC20-compliant wallet for them. WeTrust does not have the resources to verify the security and functionality of the third-party MEW application and cannot take any responsibility for damages caused by using it.
2. THIS IS NOT THE USUAL YADA YADA: during this process you’ll be creating private keys for your wallet. We cannot stress enough the importance of these — if you lose them, you lose access to your tokens. If someone else gains access to them, they will gain complete access to your tokens. There is simply no recourse for both scenarios. Therefore, it’s important that you generate those from a machine you trust not to have malware, and you back them up in a safe & secure place.

In our previous guide to using MyEtherWallet, we described how to use a Keystore File to protect and access your wallet. Since then, MyEtherWallet has introduced MEWconnect, a new and safer way for creating and accessing a digital wallet. Let’s get started with it!

Download

Using your smartphone, download the MEWconnect app from the Google Play Store or App Store.

Open

Open the MEWconnect app on your smartphone, and select “Create Account”, then enter your password 2 times on the next 2 screens that appear.

You’re Ready

Your digital wallet is now ready! You should see something like the screenshot below, with part of your Ether address displayed on the screen.

Now that you have your wallet, you may want to access it from a laptop to check your cryptocurrency balances or to copy your wallet address. Just follow the steps below to do that!

Access

Go to the MyEtherWallet website and click the light green “Access My Wallet” button.

Click

On the next page, click the MEWconnect button that is furthest left. You should see a QR code appear on your screen after you select this button.

Scan

On your phone, start the MEWconnect app (you may need to log in with your password again) and click the blue “SCAN TO CONNECT” button on the bottom. Your MEWconnect app should bring up a camera display. Hover your camera over the QR code that is displayed on your laptop screen, making sure to line up the view on your smartphone with the square QR code on your laptop screen.

You’re in!

Once you’ve scanned the QR code on your laptop screen, you should see a page similar to the one below. Your digital wallet address will appear in the upper left panel, and your balance will appear in the center left panel. If you want to transfer cryptocurrencies to your shiny new digital wallet, go to the upper left panel under “Address” and click the “Copy” button, then paste the address that you just copied into the app that you are transferring cryptocurrencies from.

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OLD VERSION

Before we start: the following are instructions on how to use MyEtherWallet (“MEW”) to create a private address for receiving TRST tokens. Note however:

1. MEW is one choice for using a wallet, there are many others out there. It is the user’s responsibility to perform the required research and choose the best ERC20-compliant wallet for them. WeTrust does not have the resources to verify the security and functionality of the third-party MEW application and cannot take any responsibility for damages caused by using it.
2. THIS IS NOT THE USUAL YADA YADA: during this process you’ll be creating private keys for your wallet. We cannot stress enough the importance of these — if you lose them, you lose access to your tokens. If someone else gains access to them, they will gain complete access to your tokens. There is simply no recourse for both scenarios. Therefore, it’s important that you generate those from a machine you trust not to have malware, and you back them up in a safe & secure place.

Instructions

• You want to be in a private place where no one is watching and there are no cameras filming you when you create a wallet.
• To begin wallet set up, please visit: https://www.myetherwallet.com/. When using this site, always make sure the address is exactly as it appears above, and that the green lock icon appears in your web browser. Along the top header, please go to the “Generate Wallet”(1) page.
• Enter a strong password. (2) If you think you may forget it, save it somewhere safe. You will need this password to send transactions. Click “Generate Wallet”. Your wallet has now been generated.

• Please download the Keystore file and keep it in a safe place. This file along with your strong password entered in (3) will be required to send transactions.
• REMEMBER: MyEtherWallet.com is not a web wallet & does not store or transmit this secret information at any time. If you do not save your wallet file and password, there is simply no way to recover them. Save your wallet file now and back it up in a second location (not on your computer). Yes, you want to do this later but you’ll forget to do this later. Please do it NOW.

• If you think you may ever forget your password, you may want to print out your paper wallet or store the QR code containing your unencrypted private keys. Keep in mind this paper is UNENCRYPTED and if it is compromised, you will lose control of your wallet. (6)

• This is an example of a paper wallet. (7)

• Congratulations! You’ve set up your wallet. WeTrust will need your public address (see above #7) to send you your Trustcoins (TRST). Please enter this entire value into the ‘Receiving Address’ space on your WeTrust Dashboard. You might have understood it by now, but please — DO NOT SHARE YOUR PRIVATE KEY WITH ANYONE, including WeTrust reps.

• Now, let’s try to double check that we’ve saved our address properly and unlock our Keystore File. In the following screen on MyEtherWallet.com, choose that you want to enter your Keystore File and select the saved file. (8). You may also choose to enter your private key and this will also unlock your wallet. (9)

• Select the saved Wallet File. Upon selecting the saved Wallet File, you will soon be prompted to enter the encryption password associated to the Wallet File. (9)

• You may also choose to enter your private key and this will also unlock your wallet. (10).

• Upon entering the correct corresponding password to the Keystore File or Private Key for your account, your wallet details will be shown. (11) All your sensitive data will be shown here, so make sure you keep it really safe! This step is important so that you can prove to yourself you can access your Trustcoins (TRST) and that you fully control your address.

• If you have any questions, please visit our Slack — we, and other advanced users in the community, are happy to answer any questions you may have.