Electrum

RATING:

5.0

(3)
Overview

About Electrum

Electrum is a bitcoin wallet that helps businesses process cryptocurrencies across websites. It enables merchants to verify online transactions, accept payments and secure data from malware or virus attacks through two-factor authentication (2FA) capability. It lets businesses securely store private keys, define custom phrases to recover funds and verify historical transactions using the SPV technique. Features of Electrum include data encryption, offline access, invoice processing, and transaction monitoring. Electrum supports integration with various third-party hardware wallet systems such as Ledger, Trezor, Keepkey and more. The platform is available to users for free and support is extended via FAQs, documentation and other online measures.

Electrum Pricing

Electrum is available to users for free.

Free trial: 

Not Available

Free version: 

Available

Electrum cryptocurrency processing
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Electrum Reviews

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4.5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Electrum

3 Reviews

MD Abu

Verified reviewer

Education Management, 201-500 employees

Used weekly for less than 12 months

Review Source: GetApp
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2022

One of the best Bitcoin wallet for last 10 years.

Overall, I love this software as a Bitcoin wallet. It is fast & can be modified as per our need. It will be great if it adds an Ethereum wallet to it.

PROS

Electrum is an excellent Bitcoin-only wallet. It is safe, fast & free to use. It is great for any company as it's open-source software.

CONS

Electrum needs a lot more enhancements The software only supports Bitcoin. The UI is very complicated for beginners. CRM needs more development.

Reasons for switching to Electrum

It is best as Bitcoin wallet.

Anonymous

11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed January 2023

Jean walllet

Ce logiciel m'aide à stoker mes actifs sans crainte et ce de part sa technique de cryptage qui parvient à gérer les clés privées.

PROS

L'équipe de cette application sont non seulement efficaces pour la prises en charge des demandes mais leur unique méthode de sécurité et de confiance.

CONS

Les options un peu plus complexes dans la compréhension pour mener plus de manipulation en restant dans le logiciel

Reasons for switching to Electrum

Pour plus d'expérience sur les logiciels de gestions de crypto

Britt

Translation and Localization, 1 employee

Used monthly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

3

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2023

most secure cryptowallet I know

For me, of all the cryptocurrency platforms, Electrum is definitely the one I feel most secure with and will definitely recommend. In my opinion it can certainly be a bit more complicated if it guarantees security.

PROS

Electrum really gives me the feeling that my crypto coins are safe. For me personally, the whole recovery seed process has quite something mysterious, and I'm pretty sure no one can get to my wallet.

CONS

On the other hand, it wasn't immediately easy to set up the account and figure out how to create different wallets and distribute my coins among them, that took quite a bit of time and effort. The customer service was helpful in guiding me there, but I probably wouldn't have managed it myself.