Electrum vs Trezor Wallet Comparison

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Company
User rating User rating 3.6 / 5 11 user reviews User rating 4.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.01 / 5 Trust Score 4.57 / 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.
Trezor is an offline device used to store crypto private keys. Trezor is one of the top secure hardware wallets and works on Windows 8+, macOS, Android, and Linux. It is connected to a USB port of your computer via cable. 

Founding Date

2011 2013

Country

International International

Languages

English English, Japanese, Portuguese, German, French, Spanish, Greek, Russian, Traditional Chinese, Simplified Chinese, Dutch, Indonesian, Polish, Czech, Ukrainian, Bengali

Wallet type

Software wallet Hardware wallet

Storage type

Cold wallet Cold wallet

Private keys

Available Available

Available coins

1 - Bitcoin (BTC) 154 - Bitcoin (BTC), Basic Attention Token (BAT), Tezos (XTZ), Ethereum Classic (ETC), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), Ontology (ONT), Bitcoin Gold (BTG), Bytom (BTM), Zcash (ZEC), Populous (PPT), Wanchain (WAN), Dogecoin (DOGE), Bitcoin Private (BTCP), DigixDAO (DGD), Decred (DCR), RChain (RHOC), Aeternity (AE), Status (SNT), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), IOST (IOST), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), MonaCoin (MONA), Syscoin (SYS), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Particl (PART), Kin (KIN), Civic (CVC), Iconomi (ICN), SmartCash (SMART), SingularityNET (AGI), POA Network (POA), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Ubiq (UBQ), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), Bitcore (BTX), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), Pillar (PLR), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Groestlcoin (GRS), Edgeless (EDG), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Peercoin (PPC), Crypterium (CRPT), Oyster Pearl (PRL), Feathercoin (FTC), AppCoins (APPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Polkadot (DOT), Matic Network (MATIC), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), Auctus (AUC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound Augur (CREP), Huobi Token (HT), Binance USD (BUSD), NEAR Protocol (NEAR), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Uquid Coin (UQC), Unibright (UBT), Fantom (FTM)

Security

No data Personal

Anonymity

No data High

Ease of use

No data Average

Has attached card

No data no

Has trading facilities

No data No data

Has vouchers and offers

No data No data

Features

No data Open Source, 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.
Trezor is an offline device used to store crypto private keys. Trezor is one of the top secure hardware wallets and works on Windows 8+, macOS, Android, and Linux. It is connected to a USB port of your computer via cable. 
Founding Date Founding Date 2011 Founding Date 2013
Country Country International Country International
Languages Languages English Languages English, Japanese, Portuguese, German, French, Spanish, Greek, Russian, Traditional Chinese, Simplified Chinese, Dutch, Indonesian, Polish, Czech, Ukrainian, Bengali
Wallet type Wallet type Software wallet Wallet type Hardware wallet
Storage type Storage type Cold wallet Storage type Cold wallet
Private keys Private keys Available Private keys Available
Available coins Available coins 1 - Bitcoin (BTC) Available coins 154 - Bitcoin (BTC), Basic Attention Token (BAT), Tezos (XTZ), Ethereum Classic (ETC), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), Ontology (ONT), Bitcoin Gold (BTG), Bytom (BTM), Zcash (ZEC), Populous (PPT), Wanchain (WAN), Dogecoin (DOGE), Bitcoin Private (BTCP), DigixDAO (DGD), Decred (DCR), RChain (RHOC), Aeternity (AE), Status (SNT), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), IOST (IOST), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), MonaCoin (MONA), Syscoin (SYS), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Particl (PART), Kin (KIN), Civic (CVC), Iconomi (ICN), SmartCash (SMART), SingularityNET (AGI), POA Network (POA), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Ubiq (UBQ), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), Bitcore (BTX), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), Pillar (PLR), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Groestlcoin (GRS), Edgeless (EDG), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Peercoin (PPC), Crypterium (CRPT), Oyster Pearl (PRL), Feathercoin (FTC), AppCoins (APPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Cardano (ADA), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Polkadot (DOT), Matic Network (MATIC), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), Auctus (AUC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound Augur (CREP), Huobi Token (HT), Binance USD (BUSD), NEAR Protocol (NEAR), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Uquid Coin (UQC), Unibright (UBT), Fantom (FTM)
Security Security No data Security Personal
Anonymity Anonymity No data Anonymity High
Ease of use Ease of use No data Ease of use Average
Has attached card Has attached card No data Has attached card no
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 Open Source, 2 Factor Authentication

Social

Website

electrum.org trezor.io

Twitter

@ElectrumWallet @trezor
Website Website electrum.org Website trezor.io
Twitter Twitter @ElectrumWallet Twitter @trezor

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. - Security - Private keys

Disadvantages

- Only 5 cryptocurrencies supported - No obvious customer support - Can be challenging for beginners

Rating

User rating User rating 3.6 / 5 11 user reviews User rating 4.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4.2 / 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 - Security - Private keys
Disadvantages Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support Disadvantages - Can be challenging for beginners

Electrum user rating is 3.6, based on 11 user reviews. Trezor Wallet user rating is 4.0, based on 3 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: 4.01 / 5 Write review
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Trust Score: 4.57 / 5
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Electrum vs Trezor Wallet - Which Wallet Is Better in 2024?

This Electrum vs Trezor 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 Trezor Wallet is rated 4.0 with 3 user reviews.

Let's finally move to overall Trust Score: