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- Perfect for those users who want to use Bitcoin to make regular payments.
- Password protection makes it harder for hackers to get into Electrum wallet for any theft and hacking.
- Instant on: Users don’t need to download the complete blockchain. Electrum wallet gets blockchain info from server which means there are no delays and it is always up-to-date.
- Private keys are not at all shared with the server.
- No user information is stored over the server. Users have control over their own private keys and therefore their own Bitcoin.
- As it is an Open source software, anyone can check the code for malfunctions, bugs, or security fissures.
- Completely free to download.
- Electrum can be also used as a multi-signature wallet. This upsurges the safetyoption of the wallet a lot.
- Users can use two-factor authentication with Electrum wallet. This also adds additional security to the wallet.
