Blockchain.com vs Electrum Comparison

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Company
User rating User rating 2.4 / 5 25 user reviews User rating 3.6 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.2 / 5 Trust Score 4.01 / 5

About

Blockchain wallet is an electronic wallet for the online storage of digital currencies. Initially, only Bitcoin was supported, but the platform was developing, and now, in addition to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Stellar (XML), Paxos Standard stablecoin (PAX) are available. The platform supports more than 20 language versions. Blockchain wallet can be obtained using a mobile application that is easy to download on Android or iPhone.
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

2011 2011

Country

Luxembourg International

Languages

English, Portuguese, French, Spanish, Russian, Turkish English

Wallet type

Software wallet Software wallet

Storage type

Cold wallet Cold wallet

Private keys

Available Available

Available coins

8 - Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Stellar (XLM), Tether (USDT), Polkadot (DOT), Algorand (ALGO), Paxos Standard (PAX) 1 - Bitcoin (BTC)

Security

No data No data

Anonymity

No data No data

Ease of use

No data No data

Has attached card

No data No data

Has trading facilities

No data No data

Has vouchers and offers

No data No data

Features

No data No data
About
Blockchain wallet is an electronic wallet for the online storage of digital currencies. Initially, only Bitcoin was supported, but the platform was developing, and now, in addition to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Stellar (XML), Paxos Standard stablecoin (PAX) are available. The platform supports more than 20 language versions. Blockchain wallet can be obtained using a mobile application that is easy to download on Android or iPhone.
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 2011 Founding Date 2011
Country Country Luxembourg Country International
Languages Languages English, Portuguese, French, Spanish, Russian, Turkish Languages English
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Cold wallet Storage type Cold wallet
Private keys Private keys Available Private keys Available
Available coins Available coins 8 - Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Stellar (XLM), Tether (USDT), Polkadot (DOT), Algorand (ALGO), Paxos Standard (PAX) Available coins 1 - Bitcoin (BTC)
Security Security No data Security No data
Anonymity Anonymity No data Anonymity No data
Ease of use Ease of use No data Ease of use No data
Has attached card Has attached card No data Has attached card No data
Has trading facilities Has trading facilities No data Has trading facilities No data
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features No data Features No data

Social

Website

blockchain.com electrum.org

Twitter

@blockchain @ElectrumWallet
Website Website blockchain.com Website electrum.org
Twitter Twitter @blockchain Twitter @ElectrumWallet

Advantages

- Intuitive design; - 3-level security system; - Ability to display account balance in different currencies; - Built-in tools for the purchase and exchange of cryptocurrencies; - Binding a mobile gadget with the installed Blockchain application to the web version of the wallet via a QR code; - Interaction with hardware devices; - Internal Swap exchange and charts to track the current cryptocurrency rate; - Low service fees; - Fast support service; - Mobile application for Android and iPhone. - 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

- A small number of supported cryptocurrencies; - Not all countries have the function of buying/selling bitcoin for fiat. - Only 5 cryptocurrencies supported - No obvious customer support

Rating

User rating User rating 2.4 / 5 25 user reviews User rating 3.6 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages - Intuitive design; - 3-level security system; - Ability to display account balance in different currencies; - Built-in tools for the purchase and exchange of cryptocurrencies; - Binding a mobile gadget with the installed Blockchain application to the web version of the wallet via a QR code; - Interaction with hardware devices; - Internal Swap exchange and charts to track the current cryptocurrency rate; - Low service fees; - Fast support service; - Mobile application for Android and iPhone. 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 - A small number of supported cryptocurrencies; - Not all countries have the function of buying/selling bitcoin for fiat. Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support

Blockchain.com user rating is 2.4, based on 25 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: 4.2 / 5
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Trust Score: 4.01 / 5 Write review
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Blockchain.com vs Electrum - Which Wallet Is Better in 2024?

This Blockchain.com 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, Blockchain.com is rated 2.4 with 25 user reviews, while Electrum is rated 3.6 with 11 user reviews.

Let's finally move to overall Trust Score: