Electrum vs Ledger Nano X Comparison

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Company
User rating User rating 3.6 / 5 11 user review User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.01 / 5 Trust Score 4.48 / 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.
Ledger Nano X is a hardware wallet designed for secure transactions with crypto assets, such as Bitcoin, Ethereum, ERC20 tokens, and other coins. Ledger Nano X supports 26 coins and over 1500 tokens in total.

Founding Date

2011 2019

Country

International France

Languages

English English, Japanese, French, Spanish, Korean, Russian, Chinese

Wallet type

Software wallet Hardware wallet

Storage type

Cold wallet Cold wallet

Private keys

Available Available

Available coins

1 - Bitcoin (BTC) 0

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 2 Factor Authentication, Hierarchical Deterministic, Open Source
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.
Ledger Nano X is a hardware wallet designed for secure transactions with crypto assets, such as Bitcoin, Ethereum, ERC20 tokens, and other coins. Ledger Nano X supports 26 coins and over 1500 tokens in total.
Founding Date Founding Date 2011 Founding Date 2019
Country Country International Country France
Languages Languages English Languages English, Japanese, French, Spanish, Korean, Russian, Chinese
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 0
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 2 Factor Authentication, Hierarchical Deterministic, Open Source

Social

Website

electrum.org shop.ledger.com

Twitter

@ElectrumWallet @Ledger
Website Website electrum.org Website shop.ledger.com
Twitter Twitter @ElectrumWallet Twitter @Ledger

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. - Encrypted private keys - Security

Disadvantages

- Only 5 cryptocurrencies supported - No obvious customer support - A paid product

Rating

User rating User rating 3.6 / 5 11 user review User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 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 - Encrypted private keys - Security
Disadvantages Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support Disadvantages - A paid product

Electrum user rating is 3.6, based on 11 user reviews. Ledger Nano X user rating is 5, based on 1 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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Electrum vs Ledger Nano X - Which Wallet Is Better in 2025?

This Electrum vs Ledger Nano X 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 Ledger Nano X is rated 5 with 1 user reviews.

Let's finally move to overall Trust Score: