The Electrum wallet is completely free to download, install and use. Customer Support: Electrum has very extensive documentation online, as well as an active BitcoinTalk category where you can get your questions answered.If the password is lost or the computer is destroyed, you can always recover your funds with the seed phrase. Security: Electrum is password protected and can also encrypt the private key on your hard drive.It has a watch-only mode for online users. Cold Storage: The Electrum wallet supports the storage of private keys offline.The Ledger Nano S and Ledger Nano X are the best hardware wallets to use with Electrum wallet. Hardware Wallet Support: The Electrum wallet also offers support for the hardware wallets.There are three tabs at the top of the window which allow you to choose between “send”, “receive” and your transaction history. Interface: The user interface of the wallet is very much easy to use.This means your private key will be stored safely offline on the hardware wallet. Electrum is also developed to support hardware wallets such as TREZOR or Ledger. The Electrum wallet was initially developed by Thomas Voegtlin in November 2011. The Electrum wallet supports MacOS, Windows, and Linus operating systems. Electrum is a client based wallet which means that in order to use it you need to download and install it on your computer. Let’s start with the review! What is an Electrum Wallet?Įlectrum is a lightweight wallet that is designed to be easy to use while also maintaining a high level of security. ![]() ![]() Let us look into this Electrum Wallet review in detail now. In this article, we will give you a detailed guide on the Electrum Wallet and its overall aspects. Among such wallets is the Electrum Bitcoin wallet which is one of the safe and secure wallets preferred by the crypto users. While the aim remains the same, these wallets look and work differently from the standard wallets.Įach cryptocurrency needs a compatible wallet for it. There are wallets where you can store your virtual coins when it comes to digital currency.
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