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    Coinomi vs Electrum Comparison

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    Company
    logo-img Coinomi
    logo-img Electrum
    User rating User rating 4.4 / 5 28 user reviews User rating 3.1 / 5 8 user reviews
    Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
    Trust Score How it works Trust Score 4.63 / 5 Trust Score 4.02 / 5

    About

    Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.
    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

    2014 2011

    Country

    International International

    Languages

    English, German, French, Spanish, Russian, Chinese English

    Wallet type

    Software wallet Software wallet

    Storage type

    Cold wallet Cold wallet

    Private keys

    Available Available

    Available coins

    67 - Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin ( USDC ), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX) 1 - Bitcoin (BTC)

    Security

    Personal No data

    Anonymity

    Medium No data

    Ease of use

    No data No data

    Has attached card

    no No data

    Has trading facilities

    No data No data

    Has vouchers and offers

    No data No data

    Features

    Hierarchical Deterministic No data
    About
    Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.
    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 2014 Founding Date 2011
    Country Country International Country International
    Languages Languages English, German, French, Spanish, Russian, Chinese 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 67 - Bitcoin (BTC), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), Verge (XVG), Bitcoin Gold (BTG), Zcash (ZEC), Dogecoin (DOGE), Decred (DCR), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), DigiByte (DGB), aelf (ELF), PIVX (PIVX), MonaCoin (MONA), Syscoin (SYS), ReddCoin (RDD), Power Ledger (POWR), Zcoin (XZC), Dentacoin (DCN), Horizen (ZEN), Iconomi (ICN), SmartCash (SMART), POA Network (POA), Nexus (NXS), Achain (ACT), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Time New Bank (TNB), Enjin Coin (ENJ), NavCoin (NAV), Ripio Credit Network (RCN), Einsteinium (EMC2), Groestlcoin (GRS), Peercoin (PPC), USD Coin ( USDC ), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), BitTorrent (BTT), NXM (NXM), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Quant (QNT), DxChain Token (DX) Available coins 1 - Bitcoin (BTC)
    Security Security Personal Security No data
    Anonymity Anonymity Medium Anonymity No data
    Ease of use Ease of use No data Ease of use No data
    Has attached card Has attached card no 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 Hierarchical Deterministic Features No data

    Social

    Website

    www.coinomi.com electrum.org

    Twitter

    Coinomiwallet @ElectrumWallet
    Website Website www.coinomi.com Website electrum.org
    Twitter Twitter Coinomiwallet Twitter @ElectrumWallet

    Advantages

    - Private keys stored on users’ mobile devices - Integration with ShapeShift and Changelly exchanges for crypto trading - Does not charge any fees - 24/7 Support - 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

    - Technical Support does not solve the issues quickly - No updated versions of open source - Only 5 cryptocurrencies supported - No obvious customer support

    Rating

    User rating User rating 4.4 / 5 28 user reviews User rating 3.1 / 5 8 user reviews
    Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
    Advantages Advantages - Private keys stored on users’ mobile devices - Integration with ShapeShift and Changelly exchanges for crypto trading - Does not charge any fees - 24/7 Support 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 - Technical Support does not solve the issues quickly - No updated versions of open source Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support

    Coinomi user rating is 4.4, based on 28 user reviews. Electrum user rating is 3.1, based on 8 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?
    logo-img
    Coinomi
    Winner
    Trust Score: 4.63 / 5
    Compare with:
    Freewallet, Exodus, CoinSpot Wallet, Jaxx, CELERY, GateHub, Armory Wallet, InfinitoWallet, HolyTransaction
    Write review
    logo-img
    Electrum
    Trust Score: 4.02 / 5
    Compare with:
    Freewallet, CoinSpot Wallet, SpectroCoin, Coinify, Armory Wallet, CoinSpace, BitGo, MetaMask, HolyTransaction, QoinPro
    Write review
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    Coinomi vs Electrum - Which Wallet Is Better in 2022?

    This Coinomi 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, Coinomi is rated 4.4 with 28 user reviews, while Electrum is rated 3.1 with 8 user reviews.

    Let's finally move to overall Trust Score:

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