MyCrypto is a free, open-source program for managing Ethereum accounts. It is built for people who want a transparent wallet interface, and for developers who regularly test networks, nodes and tokens. Its main focus is the Ethereum network, which is the chain the project's documentation names. The code is released under the MIT license and published on GitHub, so anyone can review how it works. On Windows, it is available through the Scoop package manager.
Before you install, note the project's age. The last code update was made on July 12, 2022, which means MyCrypto has not received code changes for more than two years. Treat it as an older tool, check its current status before relying on it, and read the safety section before you store funds. The latest listed version is 1.7.17.
What Is MyCrypto and How Does It Work?
MyCrypto sits between you and the Ethereum network. It connects to a node, either a preset one or one you add yourself, and uses that connection to read balances and transaction history for your accounts. From there, it helps you prepare transfers and interactions with applications on the network.
An Ethereum account is controlled by its keys, not by the interface you use to view it. That distinction matters. Any app that displays your account is only a window onto the chain, and the security of your funds depends on how you protect the keys behind the account.
Because the code is open source, the way the app builds and sends requests can be inspected by anyone with the skills to read it. That openness is one of the main reasons developers choose tools like this over closed alternatives.
Who Is MyCrypto For?
MyCrypto is most useful for people who already understand the basics of Ethereum. Developers who test smart contracts, check how transactions behave on different networks, or review code changes will find the most value here. The custom node and network options are designed for that kind of hands-on work.
Curious users who want a transparent, readable wallet interface can also benefit. Since the source code is public under the MIT license, you are not forced to take the project's word for how it works. You can read the code on GitHub and form your own view.
If you want a polished, actively updated app with recent releases, MyCrypto may not be the best fit. In that case, a wallet that is still in regular development, such as one of the alternatives listed below, is a more practical choice.
Key Terms: Accounts, Nodes and Networks
An Ethereum account is identified by an address, a string of characters that others can use to send you funds or check your balance. The address is public, while the keys that authorize spending are private. Understanding this split helps you read any wallet interface correctly.
A node is a computer running Ethereum software that holds copies of blockchain data and answers requests from applications. When MyCrypto asks for your balance, it is effectively asking a node. Choosing a reliable node therefore affects what you see on screen.
A network is a particular blockchain instance. Developers often use separate test networks to experiment without spending real assets. Custom network settings let you point the app at these environments, which is why the feature matters for testers as much as for everyday users.
Practical Scenarios Where MyCrypto Helps
Consider a developer who has just written a small smart contract and wants to see how it behaves with real account balances. The developer can point the interface at a custom node and check transactions without relying on a public network alone. This kind of setup makes it easier to spot problems early.
Another scenario involves a reviewer who receives a pull request and wants to try the exact change. Opening the build by its commit hash or branch name through MyCryptoBuilds removes the need to compile the project locally. The reviewer can then judge the change in the interface it actually affects.
A casual user might use the program mainly to look at Ethereum balances and history from a Windows desktop. For that person, the transparency of the code is the main attraction. Whatever your use, test with small amounts first and keep a simple checklist so each action is deliberate.
Key features
Custom Network and Node Support
Token Listing Process
Custom Web3 Wallet Entries
MyCryptoBuilds Access
Experimental Feature Toggles
Contributor Guidelines
Supported coins
The project's documentation names Ethereum (ETH) as the network it covers. Support for other tokens depends on whether they have been added through the project's listing process, so check a specific token before relying on it. Other chains are better served by wallets built around them, several of which appear in the alternatives section.
How to install MyCrypto on Windows
PS> scoop install mycrypto - 1
Install Scoop if needed
If Scoop is not already on your PC, install it first from its official website. Scoop is a command-line installer that keeps programs in an organized folder structure, which makes updates and removals simpler. Open PowerShell once Scoop is in place.
- 2
Run the install command
In PowerShell, type scoop install mycrypto and press Enter. Scoop downloads the package and places the program in its own directory. Wait until the command reports that the installation has finished before starting the app.
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Launch and check the version
Start MyCrypto from the Start menu or from the Scoop shims folder. Compare the version it reports with the latest release on the GitHub Releases page. If the numbers differ, check the project's status before using the app with real funds.
How to use MyCrypto
MyCrypto is simplest to understand once you know which network and accounts you plan to work with. Start with a test setup if you are new to Ethereum, and only move on to real balances after you are comfortable with the interface.
- Open the program and confirm that you are working with the Ethereum network, the only one named in the project's documentation.
- If you need a different endpoint, add a custom network or node in the settings so the app reads data from the source you trust.
- Add your Web3 wallet and a logo if you want to recognize it quickly among several setups.
- Review the list of experimental features and leave them off unless you have a specific reason to try them.
- To test a proposed change, use MyCryptoBuilds with a commit hash, pull request number or branch name instead of compiling the code yourself.
- Before any transfer, double-check the network, the recipient address and the amount, since blockchain transactions are generally difficult to reverse.
Pros & cons
- Free to use, with the code released under the MIT license
- Source code is public on GitHub for independent review
- Focused on Ethereum accounts, with a clear scope
- Custom network and node options suit developers and testers
- Access to builds by commit hash, pull request or branch through MyCryptoBuilds
- Can be installed on Windows with a single Scoop command
- The last code update was on July 12, 2022, so the project is no longer actively developed
- The documentation names only Ethereum (ETH) as the covered network
- The interface and features lean toward developers, which may feel complex for beginners
- Windows installation depends on a third-party package manager, Scoop
Is MyCrypto safe?
MyCrypto is a wallet-style tool that interacts with accounts, so treat installation and use with care. Get the program from its official website at app.mycrypto.com or from the source on GitHub at MyCryptoHQ/MyCrypto. Verify the SHA-256 checksum or signature of any downloaded file against the values published by the project. Scoop uses package manifests, but comparing hashes yourself adds a useful layer of confidence.
Be aware that the project has not received a code update since July 2022. Unmaintained software may contain issues that will not be fixed, so limit the funds you keep in any account accessed through it. Never enter a seed phrase on a third-party website, and never share it with anyone claiming to offer support. Check the latest version on the official website before you install.
- Official source only. Download from app.mycrypto.com. Ignore ads and lookalike domains.
- Check the SHA-256. Compare the installer hash with the value the developer publishes before running it.
- Never share your seed phrase. No developer, support agent or website — including CryptApps — will ever ask for it.
Alternatives
MyCrypto differs from most of the similar programs in this catalog by focusing narrowly on Ethereum accounts. Frame is described as a system-level Web3 wallet for the desktop, which makes it a closer match if you mainly interact with decentralized applications. Cake Wallet presents itself as a multi-currency, non-custodial wallet, so it covers far more assets than MyCrypto. MyTonWallet targets the TON network, and Stack Wallet is another multi-currency option.
MyCrypto's real advantage is transparency and developer-friendly tooling. Custom networks, custom nodes and MyCryptoBuilds are useful for testing. If you want a wallet that is current and covers several chains, the alternatives above are likely better choices.
Specifications
- Price
- Free
- Type
- Open source
- License
- MIT
- Latest version
- 1.7.17
- Last update
- 12 Jul 2022
- Windows support
- Yes (available via Scoop)
- Official site
- app.mycrypto.com
- Source code
- github.com/MyCryptoHQ/MyCrypto
- Install command
- scoop install mycrypto
Frequently asked questions
Yes. MyCrypto is free, and its source code is released under the MIT license. The license allows the code to be read, modified and reused under its terms. The price of using the program itself is zero, but any blockchain fees you pay when sending transactions are separate costs.
It can be used safely if you take standard precautions. Get the program from the official website or the GitHub source, verify the SHA-256 checksum or signature, and never enter a seed phrase on a third-party site. Because the project has not been updated since 2022, avoid storing large amounts in accounts you access through it.
The simplest method is to install Scoop and then run scoop install mycrypto in PowerShell. Scoop handles the download and places the program in its own folder. After installation, start the app and compare its version with the latest release on GitHub.
The project's documentation names Ethereum (ETH) as the network it covers. For Bitcoin, use a wallet designed for that chain. Several wallets in this catalog focus on different networks, so compare their scope before choosing one for your holdings.
The last code update was made on July 12, 2022. That means the project has not received code changes for more than two years. The app may still work, but it should be treated as an older tool, and you should check its status before relying on it for important transactions.
Yes, according to the project's documentation, MyCrypto is available for Windows and Linux, and as a web app or browser extension. The web version is accessed through the official site. Choose the platform that fits your workflow, and apply the same safety checks on every device you use.
Yes. The project is open source under the MIT license, which makes the code publicly available on GitHub. Open source means anyone can inspect how the software handles data and requests, which is one reason developers often prefer transparent tools for Ethereum work.
Verdict
MyCrypto is a good fit for developers, testers and curious Ethereum users who value transparency and want custom network and node options. It is free, MIT-licensed and easy to install on Windows with Scoop. However, its last code update was in July 2022, so it is no longer in active development. Use it for learning, testing and light review, and consider a more actively maintained wallet for everyday holdings.