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How To Use The New MY ETHER WALLET Website?Unfortunately, if Bitcoin is sent to an Ethereum wallet by mistake, it's unlikely that the Bitcoin can be directly recovered. Bitcoin and. Bitcoin and Ethereum are two different cryptocurrencies that operate on separate blockchain networks. Each cryptocurrency has its unique address format and protocols, which means they require different types of wallets to store and manage them. In fact, it doesn't even support Bitcoin - while the name is probably a dead giveaway, MyEtherWallet only supports Ethereum, and all of its.