Electrum 2025 Pricing, Features, Reviews & Alternatives

Electrum is a bitcoin wallet which enables merchants to accept cryptocurrencies across websites through SSL secure payment requests. It allows users to securely store and encrypt private keys, set up phrases to recover funds, and export private keys to external systems. The platform lets businesses perform identity checks, protect data from malware attacks, and verify historical transactions using simple payment verification (SPV) technique. It offers a variety of other features such as offline access, payment processing, two-factor authentication (2FA), and more. The application also helps professionals split the permission to spend bitcoins across multiple wallets. Electrum allows organizations to detect consensus failures between servers and validate block headers sent by servers. Electrum facilitates integration with various third-party platforms and synchronizes transactional data from systems without sharing private keys. It also enables users to create an offline wallet to store Bitcoins and an online wallet to view the transaction history.