Electrum vs Jaxx

Struggling to choose between Electrum and Jaxx? Both products offer unique advantages, making it a tough decision.

Electrum is a Bitcoin & Cryptocurrency solution with tags like opensource, lightweight, desktop, mobile, decentralized, secure, private.

It boasts features such as Uses Simple Payment Verification (SPV) to connect to the Bitcoin network, Supports multi-signature wallets, Allows users to recover wallet from secret phrase, Supports hardware wallets like Trezor and Ledger, Allows users to set custom transaction fees and pros including Lightweight and fast, Increased security from decentralized servers, Open source software, Easy to use and set up, Supports many platforms.

On the other hand, Jaxx is a Bitcoin & Cryptocurrency product tagged with cryptocurrency, wallet, bitcoin, ethereum, litecoin, dash.

Its standout features include Multi-currency wallet, In-wallet crypto exchange, Private keys controlled by user, Available on iOS, Android, Desktop, Chrome Extension, Backed up with 12-word mnemonic phrase, and it shines with pros like Good selection of supported cryptocurrencies, Intuitive and easy to use interface, Keys stored locally, not on company servers, Available across multiple platforms, Backed up wallet easy to restore if lost.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Electrum

Electrum

Electrum is an open-source, lightweight Bitcoin wallet for desktop and mobile operating systems. It uses a decentralized server architecture to provide users with increased security, privacy, and speed compared to centralized wallets.

Categories:
opensource lightweight desktop mobile decentralized secure private

Electrum Features

  1. Uses Simple Payment Verification (SPV) to connect to the Bitcoin network
  2. Supports multi-signature wallets
  3. Allows users to recover wallet from secret phrase
  4. Supports hardware wallets like Trezor and Ledger
  5. Allows users to set custom transaction fees

Pricing

  • Free
  • Open Source

Pros

Lightweight and fast

Increased security from decentralized servers

Open source software

Easy to use and set up

Supports many platforms

Cons

Not as feature-rich as some wallets

Relies on third-party servers for blockchain syncing

Limited customer support


Jaxx

Jaxx

Jaxx is a cryptocurrency wallet that supports multiple digital currencies including Bitcoin, Ethereum, Litecoin and Dash. It provides a user-friendly interface to send, receive and store cryptocurrencies.

Categories:
cryptocurrency wallet bitcoin ethereum litecoin dash

Jaxx Features

  1. Multi-currency wallet
  2. In-wallet crypto exchange
  3. Private keys controlled by user
  4. Available on iOS, Android, Desktop, Chrome Extension
  5. Backed up with 12-word mnemonic phrase

Pricing

  • Free

Pros

Good selection of supported cryptocurrencies

Intuitive and easy to use interface

Keys stored locally, not on company servers

Available across multiple platforms

Backed up wallet easy to restore if lost

Cons

Lack of two-factor authentication

No support for ERC-20 tokens

Reports of synchronization issues

Limited customer support

Security vulnerabilities reported in past