Electrum vs Payeer Comparison
| Company |
|
|
| User rating |
User rating
3.6 / 5
11 user review
|
User rating
4.1 / 5
48 user review
|
| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
4.2 / 5
|
| Trust Score
How it works
|
Trust Score
4.01 / 5
|
Trust Score
3.69 / 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.
|
Payeer is an electronic wallet system that operates internationally. It began its work in 2012 on the territory of Georgia with representative offices in the UK and Russia, and in 2015 it became one of the most popular payment systems. Payeer provides its users to buy and sell cryptocurrency.
|
Founding Date
Country
Languages
|
English
|
English, French, Spanish, Russian, Chinese
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
Available coins
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
| 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.
|
Payeer is an electronic wallet system that operates internationally. It began its work in 2012 on the territory of Georgia with representative offices in the UK and Russia, and in 2015 it became one of the most popular payment systems. Payeer provides its users to buy and sell cryptocurrency.
|
| Founding Date |
Founding Date
2011
|
Founding Date
2012
|
| Country |
Country
International
|
Country
Estonia
|
| Languages |
Languages
English
|
Languages
English, French, Spanish, Russian, Chinese
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Software wallet
|
| Storage type |
Storage type
Cold wallet
|
Storage type
Hot wallet
|
| Private keys |
Private keys
Available
|
Private keys
Not available
|
| 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
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.
|
- Anonymity. Verification is provided on a voluntary basis.
Convenient interface. The owners of Payeer wallets note that the site of the system looks much more presentable compared to others.
- Instant international transfers. This is ensured by the use of modern technologies aimed at high-speed data processing.
- Extensive functionality. An internal currency and Bitcoin exchanger is provided at a favourable rate, as well as payment for most popular services.
- A wide range of deposit and withdrawal methods. There are over 100 options available to top up your wallet.
- Safety. One of the most important points that people pay attention to when choosing a payment system. Everything is in order with security in Payeer: a multi-level data protection system is provided, including a master key.
|
Disadvantages
|
- Only 5 cryptocurrencies supported
- No obvious customer support
|
- High commissions for replenishing the wallet.
|
Rating
| User rating |
User rating
3.6 / 5
11 user review
|
User rating
4.1 / 5
48 user review
|
| 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
- Anonymity. Verification is provided on a voluntary basis.
Convenient interface. The owners of Payeer wallets note that the site of the system looks much more presentable compared to others.
- Instant international transfers. This is ensured by the use of modern technologies aimed at high-speed data processing.
- Extensive functionality. An internal currency and Bitcoin exchanger is provided at a favourable rate, as well as payment for most popular services.
- A wide range of deposit and withdrawal methods. There are over 100 options available to top up your wallet.
- Safety. One of the most important points that people pay attention to when choosing a payment system. Everything is in order with security in Payeer: a multi-level data protection system is provided, including a master key.
|
| Disadvantages |
Disadvantages
- Only 5 cryptocurrencies supported
- No obvious customer support
|
Disadvantages
- High commissions for replenishing the wallet.
|
Electrum user rating is 3.6, based on 11 user reviews. Payeer user rating is 4.1, based on 48 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
Choose other companies
Electrum vs Payeer - Which Wallet Is Better in 2025?
This Electrum vs Payeer 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 Payeer is rated 4.1 with 48 user reviews.
Let's finally move to overall Trust Score:
