Electrum Wallet

Name: Electrum Wallet
Rating: 4.5 (71 reviews)

By Electrum

Open-source non-custodial Bitcoin-only desktop wallet

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4.5/5.0

71 Reviews

About Electrum Wallet

Electrum Wallet: A Comprehensive Review

Electrum Wallet, established in 2011, stands as one of the pioneering Bitcoin wallets. Its software, open-source and collaboratively developed, boasts over 14,000 commits, reflecting a robust and community-driven approach to digital asset management. This non-custodial, Bitcoin-only wallet offers a suite of functionalities that cater to a diverse range of user needs.

Key Features and User Experience

Electrum's compatibility with various hardware wallets enhances its security, making it a reliable choice for storing Bitcoin. Additionally, it supports the creation of multi-signature wallets, adding an extra layer of security for users who prefer shared control over their assets. The wallet also allows users to set custom transaction fees, providing flexibility and control over their Bitcoin transactions.

A notable feature of Electrum is its support for opening Lightning Network channels, aligning with the latest advancements in Bitcoin technology. This feature is particularly appealing for users looking to engage with the faster and more cost-effective Lightning Network for their transactions.

The wallet's availability on both mobile and desktop platforms ensures accessibility and convenience for users across different devices. With a user-friendly interface and secure features, Electrum has garnered positive reviews, particularly for its ease of use and robust security measures.

Community Feedback and Ratings

Electrum Wallet has received an overall rating of 4.4/5.0 based on 62 reviews, indicating a high level of satisfaction among its users. The majority of the reviews (66%) are 5-star, highlighting the wallet's reliability and user-friendly nature. Users have praised Electrum for its great UI, secure environment, and simplicity, making it suitable for both beginners and experienced Bitcoin enthusiasts.

Conclusion

Electrum Wallet offers a blend of security, user-friendliness, and advanced features. Its open-source nature and compatibility with the Lightning Network make it a forward-thinking choice for those seeking a reliable and efficient way to manage their Bitcoin assets.

FAQs

Is Electrum Wallet suitable for beginners?

Yes, Electrum's intuitive interface and straightforward setup process make it accessible for users with basic knowledge of Bitcoin and digital wallets.

Can Electrum Wallet be used on mobile devices?

Electrum is available for mobile, specifically for Android OS, providing flexibility for users to manage their Bitcoin on the go.

Does Electrum support multi-signature wallets?

Yes, Electrum allows the creation of multi-signature wallets, offering enhanced security for users who prefer shared control over their digital assets.

Rated 4.5/5.0

based on 71 reviews

Showing 15 of 71 Reviews

toesjablox

Feb 22, 2025

Good wallet

Electrum wallet is good but its a bit old style u should make it a bit newer and make a tuturail so its easy

mariamika901

Apr 27, 2024

No good parts and exorbitant fees

My experience with Electrum was horrible. I wanted to try it but now I regret this. I transfered some Lightning bitcoin from my other wallet with the purpose to see their transaction fees. So I transf...

lightning

Apr 10, 2024

Electrum is great Bitcoin wallet for beginners and the experienced

Electrum is a highly regarded desktop Bitcoin wallet, known for its robust feature set and commitment to user privacy and security. It is one of the oldest and most trusted Bitcoin wallets, released i...

elvisbot

Feb 10, 2024

The best I know.

I've been using Electrum for some time, I got to know it looking on the internet for an alternative to cold wallets, I found the use of Electrum + Tails with boot on a pendrive, as I already have comp...

tomes_is_very_cool

Jan 12, 2024

Electrum, a safe bet, a complete tool but which requires being comfortable with a computer.

Not relevant for introducing the uninitiated, this software is more relevant for people who are already initiated or even at intermediate levels. Passphrase, multisign, LN... The essential technologi...

andysavage

Jan 2, 2024

The Best Wallet Short Of Running Your Own Node

I've used this since 2016 and it's been thoroughly reliable. It's the next best thing to running your own node (which I have also done and it is a lot more work). In other places you may read the "ele...

JKRo

Dec 4, 2023

A good wallet

The wallet I like the most. The combination of Electrum and Tails is perfect. The security offered by the Tails amnesia system together with the Electrum Wallet provides a very cheap security and ...

wendel

Nov 16, 2023

Electrum e Tails

One of the best uses I had was using the combination of Electrum + Tails + Recovery phrase, not the seeds. At first it seems complicated, it is a little, but as you practice you realize how easy it is...

hinom

Nov 16, 2023

Robust Bitcoin wallet...

Electrum Wallet stands out for its user-friendly interface, robust security, and efficient performance. It offers flexibility for users as its available on both Android and desktop. The wallet's trans...

charles

Nov 10, 2023

Probably the best Bitcoin wallet

Probably the best Bitcoin wallet, which do not require to download all blockchain. Wallet have also Bitcoin Lightning Network, which send/receive Bitcoins instantly. Bitcoin Lightning Network must be ...

codedtrojmonk

Nov 6, 2023

The best bitcoin wallet

Simply the best wallet for desktop hands down. I Have had it for over 2 years now and it's very safe. No breeches or anything, sending over funds to an address is a piece of cake and the UI is simple ...

alex1990

Nov 2, 2023

A nice wallet with nice features

I recently tried Electrum, a Bitcoin-only wallet, and I was pleasantly surprised by its ease of use and secure features. Setting up the wallet was straightforward, and the user interface was intuitive...

blowjob35

Oct 31, 2023

High level bitcoin only wallet

Electrum is not only a desktop wallet, you can also have it in your mobile phone (it’s only available for abdroid OS for the moment). Is one of the most secures wallets I have used and has great featu...

blitzbackchip

Oct 29, 2023

Good wallet for intermediate users

This is a great Bitcoin desktop wallet. The UI/UX is not that great and will be a problem for beginners. However, it is very lightweight and offers features other wallets usually don't such as choosin...

mojtaba

Oct 28, 2023

A nice and useful wallet

As I see it Electrum wallet has got many great features, an easy setup process, compatibility with hardware wallets, an open-source software setup, and an excellent desktop app. It's definitely worth ...