StakedWallet.io vs Electrum

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

StakedWallet.io is a Bitcoin & Cryptocurrency solution with tags like noncustodial, web-wallet, staking, tezos, cosmos, polkadot, kusama.

It boasts features such as Non-custodial web wallet, Supports staking of various cryptocurrencies like Tezos, Cosmos, Polkadot, Kusama, etc, Simple interface, Earn staking rewards and pros including Easy to use, Good for beginners, No lock-up periods for staking, No minimum staking amounts, No fees.

On the other hand, Electrum is a Bitcoin & Cryptocurrency product tagged with opensource, lightweight, desktop, mobile, decentralized, secure, private.

Its standout features include 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 it shines with pros like Lightweight and fast, Increased security from decentralized servers, Open source software, Easy to use and set up, Supports many platforms.

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.

StakedWallet.io

StakedWallet.io

StakedWallet.io is a non-custodial web wallet that allows users to stake various cryptocurrencies and earn rewards. It has a simple interface and supports staking coins like Tezos, Cosmos, Polkadot, Kusama, and more.

Categories:
noncustodial web-wallet staking tezos cosmos polkadot kusama

StakedWallet.io Features

  1. Non-custodial web wallet
  2. Supports staking of various cryptocurrencies like Tezos, Cosmos, Polkadot, Kusama, etc
  3. Simple interface
  4. Earn staking rewards

Pricing

  • Free

Pros

Easy to use

Good for beginners

No lock-up periods for staking

No minimum staking amounts

No fees

Cons

Limited cryptocurrency support

No mobile app

Not open source

Must keep wallet online to stake


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