Adding a custom token using MyEtherWallet
Now that you have a wallet and know how to check the balance using MyEtherWallet, you can try adding a custom Ethereum token! To be clear, we will be adding a token someone has already created on the Ethereum blockchain, not creating a brand new token.
Head on over to MyEtherWallet and go to the ‘View Wallet Info‘ section. Unlock your wallet and then follow the steps below. If you are unsure about this process, refer back to the ‘Checking your Ethereum Wallet Balance‘ post!
Adding a Custom Token
1. Click the ‘Add Custom Token‘ button
2. You should be prompted to enter 3 pieces of information: Token Contract Address, Token Symbol, and Decimals
3. For this example, I am using a token that was mistakenly created a while back since it won’t be a default in MyEtherWallet. The token information should be provided by the company that issued the token. The details for this example are below in case you want to follow along! Note that if you try to add a Token that MyEtherWallet already has you will see a pop-up that says “This token is already added as a default token. Try clicking the “Load Tokens” button to see it. :)”
> Token Contract Address: 0x65B9D9B96bccE0b89d807413E4703D2C7451593a
> Token Symbol: TKNC (this can actually be almost anything you want!)
> Decimals: 8
4. After entering the above information, click ‘Save‘! You should see MyEtherWallet start to load all of the tokens and your custom token should appear with a ‘minus’ beside it as shown below.
This is an extremely easy and quick process. The hardest part is probably finding the information needed to add the Token, but most companies will make it available on their website or a social media channel. Time to go start collecting! If you are looking for a good exchange to get more tokens at, check out my Binance review and KuCoin review!
Check out this post for adding custom tokens to MetaMask.
Let me know if you have any issues and I will be glad to help!