![]() On the next page you’re asked to enter the “ seed words” exactly as they appeared, so just type them on the space provided and click on next. Write these words somewhere safe before clicking on the next button. Note that the sequence of the words is of paramount importance as well. It’s made up of 12 random words and can be used to recover your account. You’ll be provided with a “ Seed” on the next page. If you’re not sure, simply go with Standard wallet, and if you’re an advanced user you can go with the other options as well. ![]() Name your wallet for ease of recognition, and then simply select the “type” of wallet you wish to create. Simply download the wallet from this link and run the installer. So you do not need to have any prior experience with Electrum, or any wallet for that matter. Easy Installation:Įlectrum has been designed keeping the “first-timers” in mind. ![]() Now let’s take a deeper look at what exactly Electrum has in store for you and if it’s worth your time and Bitcoins! 1. However, if you own a Macbook it does have a native app for that. While it can be used on Android devices with ease, there’s no iOS version available yet. You don’t need to “sign up”, or share any personal data to use Electrum. However, being open-source and decentralized, it’s 100% anonymous. As in, you can store and make transactions but it doesn’t have a price ticker, or support for other Cryptocurrencies. Note that it’s not the same as an “Exchange”. Three developers also have complete write access to its Github page. However, today thousands contribute to its open-source. It was created by a single person, Thomas Voegtlin.
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