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Review on Electrum Wallet by Naomi Ilani

Revainrating 5 out of 5

A Well Recognized Cryptocurrency Wallet

The Electrum Wallet is a well recognized and well experienced crypto wallet due to its age. It is a hot type of wallet that was created by Thomas Voegtlin in the month of November 2011. The Electrum Wallet is known to store Bitcoin's only and doesn't even supports Bitcoin fork like the Bitcoin Cash, BCH. This property it possess has limited the number of traders actively using this platform due to the fact that traders wants to store other cryptocurrencies and Bitcoin is very expensive to
It has its wallet available on Android, Windows, Linux and MacOS operating systems. The wallet has it's security moderately okay to me cos they use the hot type of wallet. It's user interface is very friendly and it's customer support is adequate. I would recommend this cryptocurrency wallet to traders that deal with Bitcoin



Pros
  • Easy usage
  • Perfect wallet for Bitcoin
Cons
  • Supports only Bitcoin, don't even support any Bitcoin fork like the Bitcoin Cash (BCH)
  • The wallet is prone to hackers due to the fact that their coins are stored online