#Electrum bitcoin wallet apk install#

Your private key is also not shared with the server connecting Electrum to the Bitcoin network. You can also keep your private keys offline, and go online with a watch-only wallet. Your wallet can be recovered from a secret phrase (also known as a seed phrase). Your private keys are encrypted and never leave your computer.

The wallet is a lite wallet, meaning it does not download the blockchain, so there are no delays on setup and it’s always up-to-date. The client is only available for desktop, which is a significant downside for users who wish to use their mobile as their wallet.Įlectrum prides itself on being fast, safe and private.

#Electrum bitcoin wallet apk install#

Electrum is a client based wallet – meaning that in order to use it you need to download and install it on your computer. For a more detailed review keep on reading, here’s what I’ll cover:Ĭreated in November 2011 by Thomas Voegtlin, Electrum has since been modified by various developers (the code is open source).

If you’re just getting started with Bitcoin, I recommend avoiding Electrum, but if you’re already familiar with the basic terms then this is an excellent choice. Electrum Review SummaryĮlectrum is a Bitcoin desktop wallet that is feature-rich but not very user friendly. In this review, I will cover the wallet’s pros and cons, and also share my personal experience with it. Perhaps one of the oldest players in the Bitcoin wallet market is Electrum.