Compare Electrum vs Xapo Wallet Wallet
| Company |
|
|
| User rating |
User rating
3.6 / 5
11 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
3.6 / 5
|
| Trust Score
How it works
|
Trust Score
4.01 / 5
|
Trust Score
3.62 / 5
|
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.
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Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
|
Founding Date
Country
Languages
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
|
Cold wallet
|
Hot / Cold wallet
|
Private keys
Available coins
|
1
- Bitcoin (BTC)
|
1
- Bitcoin (BTC)
|
Security
|
No data
|
Third Party Encrypted
|
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
No data
|
2 Factor Authentication
|
| 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.
|
Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
|
| Founding Date |
Founding Date
2011
|
Founding Date
2013
|
| Country |
Country
International
|
Country
Hong Kong
|
| Languages |
Languages
English
|
Languages
English
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Software wallet
|
| Storage type |
Storage type
Cold wallet
|
Storage type
Hot / Cold wallet
|
| Private keys |
Private keys
Available
|
Private keys
Not available
|
| Available coins |
Available coins
1
- Bitcoin (BTC)
|
Available coins
1
- Bitcoin (BTC)
|
| Security |
Security
No data
|
Security
Third Party Encrypted
|
| Anonymity |
Anonymity
No data
|
Anonymity
Medium
|
| Ease of use |
Ease of use
No data
|
Ease of use
Easy
|
| Has attached card |
Has attached card
No data
|
Has attached card
yes
|
| Has trading facilities |
Has trading facilities
No data
|
Has trading facilities
yes
|
| Has vouchers and offers |
Has vouchers and offers
No data
|
Has vouchers and offers
No data
|
| Features |
Features
No data
|
Features
2 Factor Authentication
|
Social
Website
Twitter
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.
|
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
Disadvantages
|
- Only 5 cryptocurrencies supported
- No obvious customer support
|
- The support team is slow to react
- No cryptocurrencies other than BTC
|
Rating
| User rating |
User rating
3.6 / 5
11 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
3.6 / 5
|
| 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
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
| Disadvantages |
Disadvantages
- Only 5 cryptocurrencies supported
- No obvious customer support
|
Disadvantages
- The support team is slow to react
- No cryptocurrencies other than BTC
|
Electrum user rating is 3.6, based on 11 user reviews. Xapo Wallet user rating is 4.8, based on 4 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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Electrum vs Xapo Wallet - Which Wallet Is Better in 2025?
This Electrum vs Xapo Wallet 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 Xapo Wallet is rated 4.8 with 4 user reviews.
Let's finally move to overall Trust Score:
