Custom Derivation Path in MyEtherWallet
MyEtherWallet has removed the ability to define a custom derivation path. Another option is to use MyCrypto instead. Learn more about MyCrypto here.
This guide will help you set up and use MyEtherWallet to see unsupported or missing ERC20 tokens from Ledger Live with the security of your Ledger device.
Before you start
- Set up Ledger Live with your Ledger device.
- Update the firmware on your Ledger hardware wallet.
- Get Google Chrome or Firefox.
Install the Ethereum app
Install the Ethereum app on your Ledger device to manage ETH and ERC20 tokens with MyEtherWallet. The Ethereum app is developed and supported by Ledger.
- Open My Ledger in Ledger Live.
- Connect and unlock your Ledger device.
- If asked, allow My Ledger to access your device.
- Find Ethereum in the app catalog.
- Click the Install button of the app.
- An installation window appears.
- Your device will display Processing...
- The app installation is confirmed.
Enabling blind signing
- Connect and unlock your Ledger device.
- Open the Ethereum (ETH) application.
- Press the right button to navigate to Settings. Then press both buttons to validate.
Your Ledger device displays Blind Signing. - Press both buttons to enable transaction blind signing.
The device displays Enabled. You're done.
Troubleshooting: U2F timeout in Chrome
Due to changes in Chrome, U2F timeout issues on web apps like MyEtherWallet may occur. Please ensure your Ledger device runs the latest firmware and reinstall the app in My Ledger.
If you're still facing U2F timeout issues, try the following solutions:
- Deactivate the Bluetooth connection on your Ledger Nano X: simply hold both buttons to access Control Center where Bluetooth can be directly disabled.
- Update USB drivers on Windows
Next steps
- Check the MyEtherWallet user guide for setup instructions.
- Reach out to MyEtherWallet via email for support.
Derivation paths
Please note the derivation path used by Ledger Live:
- Ledger Live creates new ETH accounts in the path: m/44'/60'/0'/0.