![]() This further protects the user’s privacy to a greater extent than most wallets, including Exodus.īitcoin transactions can take long to complete sometimes when the network is congested. The wallet also encrypts both the private keys and seed phrase, making them unreadable without entering the user’s password for the wallet. Instead, the keys are stored on the user’s device, making it impossible for anyone to steal it. ![]() Unlike Exodus, Electrum never stores users’ private keys. As a result, it has all the ancient technologies of Bitcoin’s security built into it. It was launched in 2011, just two years after the launch of Bitcoin. However, one wallet is always better than another, and in this article, we highlight four reasons why Electrum Wallet is better than Exodus wallet when it comes to using Bitcoin.Įlectrum is one of the first bitcoin wallets ever created. ![]() Whichever you are, you need a Bitcoin wallet, and these two are wallets you can use to hold and transact with your Bitcoin. Some people only use Bitcoin and wouldn t want anything to do with altcoins, so they go for Bitcoin-only wallets, while others invest in both Bitcoin and altcoins, necessitating the use of multi currency wallets. Some of them are multi currency wallets like Exodus while some are for Bitcoin only, one example being Electrum wallet. There are many Bitcoin wallets available for Bitcoin investors to use.
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