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Bitcoin Wallet Review – Electrum

When it comes to finding the right mobile bitcoin wallet, it appears the number of choices is seemingly limitless. While it is true the Windows ecosystem has quite a few wallet solutions available, a lot of people have taken a liking to Electrum. That is only normal, as the wallet offers great innovative features for everyone to enjoy.

A Closer Look At The Electrum Bitcoin Wallet

Lightweight wallet solutions for bitcoin will always be quite popular among cryptocurrency enthusiasts. Although most desktop bitcoin wallets require users to download the entire blockchain, it is good to see Electrum offer a lightweight solution. Users can start sending and money within mere seconds of installing the software on Windows, Linux, or MacOS.

On the extra features front, Electrum is worth taking note of. It offers cold storage solutions, allowing users to store part of their funds in an offline manner. Moreover, Electrum can integrate with existing hardware solutions, including KeepKey, Trezor, and Ledger. All of the Electrum features will remain accessible while using it with any of the supported hardware wallets.

Additionally, Electrum features Tor support – as one of the only wallets to do so –  and it has coin control features. By integrating Electrum with Tor, one can achieve anonymity while using the desktop wallet. One’s IP address won’t leak to the servers that the client is connecting too. Users can also be selective about what addresses they use by determining the “send form” part of the transaction with any inputs they would like. An intriguing feature that offers a quite a bit of anonymity.

Although most people know Electrum as a desktop client, the team has released their Android wallet in March of 2016. Virtually all of the same functionalities found in the desktop client have been ported to Android. Additionally, the Electrum wallet developer has been working on buying and selling bitcoin from within the wallet itself.

Last but not least, Electrum enables multi-signature support, which is a must-have security feature these days. Moreover, Electrum is not tied to a centralized server, which means there will be no downtime by any means. Electrum is one of the most popular and well-established wallet solutions for desktop users and is well worth checking out.

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