Electrum Description

Since 2011, Electrum has established itself as a leading Bitcoin wallet, known for its speed, security, and user-friendliness, catering to a diverse range of users. To protect against malware, Electrum offers two-factor authentication through Trustedcoin, enhancing the overall security of transactions. Additionally, Electrum is open-source software, distributed under the MIT License, allowing anyone to operate their own Electrum server, which contributes to a decentralized network free from a single controlling entity. The wallet is compatible with various hardware wallets, including Ledger, Trezor, and Keepkey, ensuring that your private keys remain encrypted and securely stored on your device. In case of loss, users can easily recover their funds using a secret recovery phrase. Electrum's efficiency is attributed to its use of servers that index the Bitcoin blockchain, enabling swift transactions. Users also have the flexibility to export private keys for use with other Bitcoin clients, and the decentralized nature of Electrum servers guarantees that your wallet remains accessible at all times. Furthermore, the Electrum Wallet employs Simplified Payment Verification (SPV) to validate all transactions in your history, while also offering the option to keep private keys offline and utilize a watching-only wallet for enhanced security. Overall, Electrum combines robust features with user-centric design, making it a reliable choice for Bitcoin enthusiasts.

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Integrations

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Reviews - 1 Verified Review

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Company Details

Company:
Electrum
Year Founded:
2011
Website:
electrum.org

Media

Electrum Screenshot 1
Electrum Screenshot 1
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Product Details

Platforms
Windows
Mac
Linux
Android App
Types of Training
Training Docs
Customer Support
Online Support

Electrum Features and Options

Electrum User Reviews

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  • Name: Aman V.
    Job Title: Technical Lead
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Excellent crypto wallet

    Date: Apr 12 2022

    Summary: Exodus is a free to use, excellent cryptocurrency wallet that can be used to store almost all major currencies. It is highly secure and also available on Android & iOS.

    Positive: Easy to use and secure.
    Live market charts & portfolio management.
    Supports most of the popular altcoins.
    Frequently updated.
    No charges, apart from the network fee.
    Available on desktop and smartphones.

    Negative: No withdraw support - but that is expected as Exodus claims to be a secure wallet not an exchange so not really a con , just wish it supported withdrawing to fiat currency as well.

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