Electrum vs Uphold Comparison

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Company
User rating User rating 3.6 / 5 11 user review User rating 1.7 / 5 70 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 4.01 / 5 Trust Score 3.85 / 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.
Uphold is a multi-asset platform that allows users to store, buy, and convert various crypto assets. The system supports not only 30 cryptocurrencies (and Utility Tokens) but also allows you to exchange 27 national currencies and 4 precious metals. This digital wallet is designed to quickly and easily store assets, send funds to other Uphold users around the world, and instantly exchange currency. Using a 100% redundancy model, Uphold subsidizes all user assets in a 1: 1 ratio from its own funds. 

Founding Date

2011 2015

Country

International USA

Languages

English English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese

Wallet type

Software wallet Software wallet

Storage type

Cold wallet Hot wallet

Private keys

Available Available

Available coins

1 - Bitcoin (BTC) 34 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), NEO (NEO), VeChain (VET), OmiseGO (OMG), Bitcoin Gold (BTG), Nano (NANO), Dogecoin (DOGE), Zilliqa (ZIL), Decred (DCR), 0x (ZRX), DigiByte (DGB), Enjin Coin (ENJ), THETA (THETA), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tron (TRX), Polkadot (DOT), Matic Network (MATIC), Filecoin (FIL), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), Chia Network (XCH)

Security

No data Third Party Encrypted

Anonymity

No data Medium

Ease of use

No data Easy

Has attached card

No data no

Has trading facilities

No data yes

Has vouchers and offers

No data No data

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.
Uphold is a multi-asset platform that allows users to store, buy, and convert various crypto assets. The system supports not only 30 cryptocurrencies (and Utility Tokens) but also allows you to exchange 27 national currencies and 4 precious metals. This digital wallet is designed to quickly and easily store assets, send funds to other Uphold users around the world, and instantly exchange currency. Using a 100% redundancy model, Uphold subsidizes all user assets in a 1: 1 ratio from its own funds. 
Founding Date Founding Date 2011 Founding Date 2015
Country Country International Country USA
Languages Languages English Languages English, Japanese, Portuguese, German, 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 Available
Available coins Available coins 1 - Bitcoin (BTC) Available coins 34 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), NEO (NEO), VeChain (VET), OmiseGO (OMG), Bitcoin Gold (BTG), Nano (NANO), Dogecoin (DOGE), Zilliqa (ZIL), Decred (DCR), 0x (ZRX), DigiByte (DGB), Enjin Coin (ENJ), THETA (THETA), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tron (TRX), Polkadot (DOT), Matic Network (MATIC), Filecoin (FIL), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), Chia Network (XCH)
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 no
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

electrum.org uphold.sjv.io

Twitter

@ElectrumWallet @UpholdInc
Website Website electrum.org Website uphold.sjv.io
Twitter Twitter @ElectrumWallet Twitter @UpholdInc

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. - Support of the wide range of popular cryptocurrencies, fiat currencies, and precious metals; - Licenses availability; - Easy to open and use; - Mobile applications for Android and iOS; - Two-factor authentication; - Easy money transfers to users inside the Uphold system.

Disadvantages

- Only 5 cryptocurrencies supported - No obvious customer support - The methods of the account replenishment depending on the user's place of residence; - A conversion fee is charged whenever you buy or exchange currency.

Rating

User rating User rating 3.6 / 5 11 user review User rating 1.7 / 5 70 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4.4 / 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 - Support of the wide range of popular cryptocurrencies, fiat currencies, and precious metals; - Licenses availability; - Easy to open and use; - Mobile applications for Android and iOS; - Two-factor authentication; - Easy money transfers to users inside the Uphold system.
Disadvantages Disadvantages - Only 5 cryptocurrencies supported - No obvious customer support Disadvantages - The methods of the account replenishment depending on the user's place of residence; - A conversion fee is charged whenever you buy or exchange currency.

Electrum user rating is 3.6, based on 11 user reviews. Uphold user rating is 1.7, based on 70 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?
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Trust Score: 4.01 / 5 Write review
Trust Score: 3.85 / 5
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Electrum vs Uphold - Which Wallet Is Better in 2024?

This Electrum vs Uphold 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 Uphold is rated 1.7 with 70 user reviews.

Let's finally move to overall Trust Score: