BitPortal vs Electrum Comparison

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Company
User rating User rating 1.5 / 5 4 user reviews User rating 3.6 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 3.5 / 5 Trust Score 4.01 / 5

About

Headquartered in Singapore, BitPortal is an EOS wallet, portfolio manager, and Exchange for the EOS community.
Electrum wallet is a software interface for operations with Bitcoin cryptocurrency. There are client versions for bitcoin forks: Litcoin, Bitcoin Cash, Dash, and Vertcoin. The main feature of the wallet is speed, low resource use, and simplicity. It starts instantly, as it works in conjunction with high-performance servers that handle the most complex tasks of the Bitcoin system. The blockchain is stored and updated on the company’s server, and the client interacts with it through special software for stationary and mobile devices.

Founding Date

2018 2011

Country

Singapore International

Languages

English, Chinese English

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Cold wallet

Private keys

Not available Available

Available coins

0 1 - Bitcoin (BTC)

Security

Personal No data

Anonymity

Medium No data

Ease of use

Easy No data

Has attached card

no No data

Has trading facilities

yes No data

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Open Source No data
About
Headquartered in Singapore, BitPortal is an EOS wallet, portfolio manager, and Exchange for the EOS community.
Electrum wallet is a software interface for operations with Bitcoin cryptocurrency. There are client versions for bitcoin forks: Litcoin, Bitcoin Cash, Dash, and Vertcoin. The main feature of the wallet is speed, low resource use, and simplicity. It starts instantly, as it works in conjunction with high-performance servers that handle the most complex tasks of the Bitcoin system. The blockchain is stored and updated on the company’s server, and the client interacts with it through special software for stationary and mobile devices.
Founding Date Founding Date 2018 Founding Date 2011
Country Country Singapore Country International
Languages Languages English, Chinese Languages English
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Hot wallet Storage type Cold wallet
Private keys Private keys Not available Private keys Available
Available coins Available coins 0 Available coins 1 - Bitcoin (BTC)
Security Security Personal Security No data
Anonymity Anonymity Medium Anonymity No data
Ease of use Ease of use Easy Ease of use No data
Has attached card Has attached card no Has attached card No data
Has trading facilities Has trading facilities yes Has trading facilities No data
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features Hierarchical Deterministic, Open Source Features No data

Social

Website

www.bitportal.io electrum.org

Twitter

@BitPortal_IO @ElectrumWallet
Website Website www.bitportal.io Website electrum.org
Twitter Twitter @BitPortal_IO Twitter @ElectrumWallet

Advantages

- Security - Fast start. It’s very quick to start working with the wallet; synchronization with the blockchain is not required. - Decentralization. The wallet is fully decentralized. - Security. Electrum cares about the security of its users and provides an additional means of protecting your account from hacking. - Control over private keys. Their import or export. - Cold storage. Electrum stores all your funds in cold storage, so no one from the network can steal your money. - Wallet recovery using seed-phrase from which private keys are generated. - Transparency, which is provided by the publication of open-source code. - Manually set commission size. - Bulk translations. - Multilingualism. There are translations in different languages ​​in the wallet.

Disadvantages

- Low popularity - Only 5 cryptocurrencies supported - No obvious customer support

Rating

User rating User rating 1.5 / 5 4 user reviews User rating 3.6 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages - Security Advantages - Fast start. It’s very quick to start working with the wallet; synchronization with the blockchain is not required. - Decentralization. The wallet is fully decentralized. - Security. Electrum cares about the security of its users and provides an additional means of protecting your account from hacking. - Control over private keys. Their import or export. - Cold storage. Electrum stores all your funds in cold storage, so no one from the network can steal your money. - Wallet recovery using seed-phrase from which private keys are generated. - Transparency, which is provided by the publication of open-source code. - Manually set commission size. - Bulk translations. - Multilingualism. There are translations in different languages ​​in the wallet.
Disadvantages Disadvantages - Low popularity Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support

BitPortal user rating is 1.5, based on 4 user reviews. Electrum user rating is 3.6, based on 11 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.5 / 5 Write review
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Trust Score: 4.01 / 5 Write review
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BitPortal vs Electrum - Which Wallet Is Better in 2024?

This BitPortal vs Electrum comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, BitPortal is rated 1.5 with 4 user reviews, while Electrum is rated 3.6 with 11 user reviews.

Let's finally move to overall Trust Score: