If you have some programming experience, you can modify this code to build entirely new features to suit your unique needs. This means that Electrum has published its entire source code for users to inspect, evaluate and enhance. ![]() One of the biggest benefits of Electrum is that it’s an open-source application. This adds yet another level of security that software wallets cannot attain on their own. Using a hardware wallet allows you to store your private keys in an offline device, making it virtually impossible for them to be compromised by hackers or in a data leak. The Electrum Bitcoin wallet is compatible with several hardware wallet brands, including Ledger, Trezor and KeepKey. You must download the free app from the Electrum website or the Google Play Store, set up two-factor authentication, create a new wallet and set your password. ![]() As such, setting up your Electrum Bitcoin wallet account is easy. Electrum crypto wallet pros and cons ProsĮlectrum focuses on offering a no-frills Bitcoin storage experience that is best for those looking for fast and secure Bitcoin trading. While Electrum is compatible with Windows, Mac and Linux, the mobile version is currently only available on Android devices. Additionally, Electrum offers limited customer support compared to other popular wallets. The wallet does have some drawbacks, namely that it only supports Bitcoin and isn’t ideal for beginners. Electrum’s desktop app also allows for a high degree of customization, making it an ideal desktop wallet for users well versed in crypto trading and who have programming experience. Best desktop Bitcoin walletĮlectrum is our pick for the best desktop Bitcoin wallet thanks to its easy setup process, compatibility with hardware wallets and open-source application structure. Read on for our review of Electrum’s crypto wallet. ![]() If you’re looking for a cryptocurrency wallet that offers the best desktop experience and are happy trading bitcoin only, then the Electrum crypto wallet could be the best crypto wallet for you.
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