Review on Electrum Wallet by Joseph Bello
Electrum Wallet, One Of The Oldest And Safest Crypto Wallet
I am a type of person that have much interest in companies that have been in existence for a while. I developed interest in such companies due to the fact that I believe they must have gained much experience from the years of being in existence. One of such new companies in the crypto wallet industry is the Electrum wallet. It is a cryptocurrency wallet that has been in existence since the year 2011(meaning it has gained close to a decade of experience). This wallet happens to have been in the industry for a while and that alone caught my fantasy and made me sign up to their services.
The Electrum wallet is one of the oldest, most trusted and user friendly crypto wallet I've come across in the past few years of my stay in the blockchain network. The wallet have their interface beautifully designed and easy to understand, they also have their platform properly arranged. Their services are available on both mobile and desktop devices like Windows, Android and Mac operating systems. I couldn't use any of their applications but used their web version which I found quite interesting.
The wallet is sometimes referred to as a Bitcoin wallet due to the fact that it supports only Bitcoins. Not minding the fact that the wallet is old, they are yet to accept other crypto. They tend to store users funds on a cold storage and makes use of the 2 Factor Authentication to provide maximum security. This has made the wallet to be and remain one of the oldest and safest crypto wallet available on the blockchain network.
Pros
- Uses multiple security features like 2 Factor Authentication and storing funds offline
- Their interface is easy to operate and beautifully designed
- Their wallets are available on both desktops and mobile devices
Cons
- It is presently limited to Bitcoins
