This article is intended to showcase the process of an Ethereum wallet set up. You can read this article for more information regarding the general conception of users security in crypto.
This article focuses on Ethereum ecosystem but the showcased MyEtherWallet can be configured to work with any other EVM-compatible chain like Avalanche, Optimism or Binance Smart Chain.
The purpose of this article is to guide a user through the process of configuring a wallet best suitable for storing funds. We explicitly assume that the primary goal is long-term storage of significant amounts of crypto assets. Therefore, security and manual control take precedence over the ease of use here. Ultimately, the best wallet is the one that won't lead to the loss of your funds, not the one that's easy to use.