Electrum vs IG.com Comparison
| Company | ||
|---|---|---|
| User rating | 11 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
About
|
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.
|
Cryptocurrency exchange
|
Founding Date
| 2011 | No data |
Country
| International | No data |
Languages
| English | No data |
Wallet type
| Software wallet | No data |
Storage type
| Cold wallet | No data |
Private keys
| Available | No data |
Available coins
| 1 - Bitcoin (BTC) | 0 |
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 |
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.
|
Cryptocurrency exchange
|
|---|---|---|
| Founding Date | Founding Date 2011 | Founding Date No data |
| Country | Country International | Country No data |
| Languages | Languages English | Languages No data |
| Wallet type | Wallet type Software wallet | Wallet type No data |
| Storage type | Storage type Cold wallet | Storage type No data |
| Private keys | Private keys Available | Private keys No data |
| Available coins | Available coins 1 - Bitcoin (BTC) | Available coins 0 |
| 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
| electrum.org | www.ig.com |
| @ElectrumWallet | No data |
| Website | Website electrum.org | Website www.ig.com |
|---|---|---|
| Twitter @ElectrumWallet | Twitter No data |
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
| - Only 5 cryptocurrencies supported - No obvious customer support | - |
Rating
| User rating | User rating 11 user reviews | User rating 2 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | 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. | Advantages - |
| Disadvantages | Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support | Disadvantages - |
Electrum user rating is 3.6, based on 11 user reviews. IG.com user rating is 3, based on 2 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? |
Electrum vs IG.com - Which Wallet Is Better in 2024?
This Electrum vs IG.com 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, Electrum is rated 3.6 with 11 user reviews, while IG.com is rated 3 with 2 user reviews.
Let's finally move to overall Trust Score: