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Electrum

Crypto Wallet

Great hot wallet for advanced Bitcoin users

Electrum

Overview

What is

Electrum

Great hot wallet for advanced Bitcoin users

Electrum

fees

Taker fee =
Maker fee =

Electrum

supported currencies

Website
Electrum
Twitter
@ElectrumWallet
Available in the US?
Year founded
2011
Accepted payment forms for
Electrum
No items found.

Pros

  • Supports multi signature wallet use
  • Electrum server does not store private keys.
  • Fast and easy setup

Cons

  • Only permits Bitcoin trades
  • No customer support team (but they do have a forum and community to reach out to)


Features

  • Two factor authentication
  • Cold storage
  • Free and decentralized
  • Supports marjor hardware wallet

Electrum

Review

What is Electrum?

Electrum was developed in 2011 by a German scientist Thomas Voegtlin and a large community of developers.

Electrum is a hot wallet compatible with Mac, Linux and Windows used to store crypto currencies like Bitcoin. The crypto wallet has changed little since its inception and has maintained a stripped down approach. 

Electrum users can also choose the level of security they are most comfortable with like standard wallet, bitcoin wallet with 2-factor authentication, or a multi-signature bitcoin wallet. Users are  also able to elongate their seed phrase to further ensure strict security. 

Interestingly, Electrum integrates with major hardware wallets in the market such as Trezor, KeepKey and Ledger Nano S. It is indeed possible to integrate Electrum into these wallets in order to take advantage of its interface to spend its transactions more simply. In order to maintain lightweight, efficient and speedy transactions by its users, Electrum does not download the entire Bitcoin blockchain rather it communicates with it’s servers.

Year Founded: 
2011
Check out Electrum now
@ElectrumWallet

Electrum

FAQs

Is
Electrum
centralized or decentralized?

Electrum

is a

Crypto Wallet

Is
Electrum
available in the US?

Yes,

Electrum

is available for users in the United States.

No,

Electrum

is not available for users in the United States.

How many cryptocurrencies does
Electrum
support?

Electrum

supports

How many collections does
Electrum
support?

Electrum

supports

Customer Reviews Of 

Electrum