In the press
Electrum Login verifies that your transactionsare in the Bitcoin blockchain. Because Bitcoin is not about trust,It is about freedom and independence. Be safe from malwareUse two-factor authenticationby Electrum and Trustedcoin. Electrum's focus is speed and simplicity, with low resource usage. It uses remote servers that handle the most complicated parts of the Bitcoin system, and it allows you to recover your wallet from a secret phrase. Electrum, our top Bitcoin-only wallet, is one of the oldest wallets still offered for free. It is an ideal choice for Bitcoin (BTC) maximalists and those looking for self-custody of their BTC. The wallet is lightweight, easy to use, and available for desktop and Android mobile.
Control over your money
This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.
Simplified validation
This wallet uses SPV and random servers from a list. This means little trust in third parties is required when verifying payments. However, it is not as secure as a full node like .
Complete transparency
This wallet is open-source and built deterministically. This means any developer in the world can audit the code and make sure the final software isn't hiding any secrets.
Two-factor authentication
This wallet can be used from insecure environments. However, this service requires two-factor authentication. This means access to multiple devices or accounts is required to steal your bitcoins.
Basic privacy
Prevents spying on your payments : This wallet makes it harder to spy on your balance and payments by rotating addresses. You should still take care to use a new Bitcoin address each time you request payment.
Discloses information to a third party : This wallet uses central servers which are able to associate your payments together and log your IP address.
Tor can be used : This wallet lets you setup and use as a proxy to prevent attackers or Internet service providers from associating your payments with your IP address.
Full control over fees
This wallet gives you full control over fees. This means that this wallet allows changing the fees after funds are sent using RBF or CPFP. This wallet also provides fee suggestions based on current network conditions so that your transactions are confirmed in a timely manner without paying more than you have to.
Electrum's focus is speed and simplicity, with low resource usage. It uses remote servers that handle the most complicated parts of the Bitcoin system, and it allows you to recover your wallet from a secret phrase.
The Electrum wallet features the Simple Payment Verification (SPV) method to verify all transactions without requiring users to download the entire Bitcoin blockchain. It makes Electrum lightweight, thus allowing users to send and receive BTC quickly. For an even better BTC payment experience, Electrum supports Lightning Network for faster and relatively cheap Bitcoin transactions.
Electrum wallet is non-custodial. Therefore, users are in control of protecting their private keys. However, they can use additional security features of the wallet. For example, users can select between 2FA and multisig to add a layer of protection from hackers or simply integrate their Electrum wallet with third-party hardware wallets.
Electrum never stores private keys. Instead, they are stored on the users’ devices locally. The wallet encrypts both—the private keys and the seed phrase—to protect users' privacy. To decrypt the wallet file, users must enter their password. In addition to wallet encryption, Electrum allows users to run their own servers if they prefer more privacy.
The overall process of setting up the Electrum wallet is as easy as they come. You need to go to their official website and click "Download" to start the installation process. The wallet offers installation sources and binaries for several operating systems, including Android, macOS, Windows, Linux, and Python.
The desktop version of the Electrum wallet is simple to use. Though it has a basic Windows 95 feel, it allows users to perform all main functions from the home screen, including sending and receiving Bitcoin, checking transaction history, or creating invoices.
Electrum doesn't have dedicated customer support. The wallet features a help section that allows users to check for regular updates, report bugs, or connect with the official websites. To ask questions, users need to put them to the Electrum communities on Bitcoin Talk Forum or social media platforms like X (formerly Twitter) and Reddit.