Coinomi vs Electrum Comparison

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Company
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?
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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: