What is Electrum?

Since its inception in 2011, Electrum has emerged as a prominent Bitcoin wallet recognized for its rapid performance, robust security measures, and ease of use, appealing to a wide array of users. To enhance protection against malware, it provides two-factor authentication via Trustedcoin, thereby bolstering transaction security. Furthermore, being open-source software distributed under the MIT License, Electrum allows anyone to set up their own server, fostering a decentralized ecosystem that operates without a central authority. The wallet supports multiple hardware wallets, such as Ledger, Trezor, and KeepKey, ensuring that private keys are securely stored and encrypted on the user's device. In the unfortunate event of loss, users can conveniently recover their funds using a secret recovery phrase, providing peace of mind. Electrum's high efficiency is largely due to its servers that index the Bitcoin blockchain, facilitating quick transactions. Additionally, users can export their private keys for compatibility with other Bitcoin clients, while the decentralized nature of Electrum servers ensures continuous wallet accessibility. The Electrum Wallet also employs Simplified Payment Verification (SPV) to authenticate all transactions in the user's history, while offering options to keep private keys offline and use a watching-only wallet for enhanced security. Overall, Electrum blends powerful features with an intuitive design, making it an excellent option for Bitcoin enthusiasts seeking reliability and security in their digital transactions. With its commitment to user satisfaction, Electrum continues to evolve and adapt to the ever-changing landscape of cryptocurrency.

Integrations

All Electrum Integrations
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Screenshots and Video

Electrum Screenshot 1
Electrum Screenshot 1

Company Facts

Company Name:
Electrum
Date Founded:
2011
Company Website:
electrum.org

Product Details

Deployment
Windows
Mac
Linux
Android
Training Options
Documentation Hub
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Electrum Categories and Features

Crypto Wallets

Electrum Customer Reviews

Write a Review
  • Reviewer Name: Aman V.
    Position: Technical Lead
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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.

    Read More...
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