What is Electrum?
Electrum is an open-source desktop software wallet used to store, send, and receive bitcoins. It focuses on speed, security, and simplicity through the use of servers that handle the most complicated parts of Bitcoin transactions.
Some key features of Electrum include:
- An easy-to-use interface that beginsners can easily operate
- The ability to recover your wallet through a secret phrase
- Support for hardware wallets such as TREZOR and Ledger
- Secure offline storage for savings or large amounts of bitcoin
- Integration with major hardware and software wallets
- The ability to set custom transaction fees
Electrum is available for Windows, Linux, OSX, and Android operating systems. It supports over 125 blockchain assets and more than 70 currency pairs. The software is frequently updated by developers to release new features and fix bugs.
Overall, Electrum is considered one of the best desktop-based bitcoin wallets due to its focus on functionality over ease of use. It packs a large number of features useful for both beginners and advanced users within a clean interface.