MyEtherWallet is an open-source digital platform, where the user is in command, and it is completely free. The platform allows you to interact with the Ethereum blockchain while remaining in full control of the currency Ether (ETH) and keys. Whether or not the user creates a wallet, everything is happening on his own computer. No one can trace him; steal information or anything of the sort. The founders of MyEtherWallet wanted to create a simple decentralized interface suitable for everyone. No banks, government institutions or third-party transactions fees are applied. Furthermore, every consumer has the option to create a hardware wallet and further secure his cryptocurrency.