Electrum vs MyCelium - Crypto Wallet Comparison Overview

After performing an in-depth analysis of Electrum vs MyCelium crypto wallets & their features, we have grouped the represented data into 9 different sections to help you process the information easier & quicker. If you want to get a brief understanding of Electrum vs MyCelium comparison results, take a glance at the short table below.

By comparing Electrum vs MyCelium overall scores, we clearly see that Electrum has the higher overall score of 8.2. MyCelium, on the other hand, has scored 7.5 final points.

To help you quickly decide which crypto wallet is the best, we have also compared Electrum vs MyCelium with the top-rated & most popular crypto wallet brand - Ledger Nano X. According to our analysis, Ledger Nano X has the highest overall score out of all crypto wallet brands & is considered to be one of the most trusted wallets out there with the overall score of 9.8. For a more detailed Electrum vs MyCelium analysis, take a look at the in-depth comparison chart below.

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Ledger Nano X
LEDGER NANO X
Electrum
ELECTRUM
MyCelium
MYCELIUM

Overall Score

9.8
8.2
7.5

Wallet Type

Hardware Software Software

Best For

Best for Safely Storing, Sending, and Receiving Different Cryptocurrencies Best for Day to-Day Spending of Cryptocurrencies Best for Managing Bitcoin-related projects

Verdict

One of the best hardware cryptocurrency wallets ever made. One of the most trustworthy and oldest Bitcoin wallets around. Bitcoin-oriented cryptocurrency wallet.
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Electrum vs MyCelium Crypto Wallet Comparison Data

Compare Electrum vs MyCelium side by side by checking this comprehensive cryptocurrency wallet comparison data chart. Measure the most important wallet metrics against each other & see who wins as the better crypto wallet!

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Ledger Nano X
LEDGER NANO X
Electrum
ELECTRUM
MyCelium
MYCELIUM

Pros

  • Can be managed from mobile device
  • Very secure
  • Supports more than 1500 cryptocurrencies
  • Comfortable design
  • One of the oldest Bitcoin wallets
  • Very easy to use
  • Software-based
  • No information is stored on the server
  • Open-source
  • Utilizes two-factor authentication
  • Reliable
  • Open source
  • Fast and fluid connections
  • Variety of accounts

Cons

  • Relatively expensive
  • Has had security issues
  • Only supports Bitcoin
  • No desktop version
  • Can be difficult to navigate

Value For Money

Ease of Use

Latest Coupons

All Ledger Nano X Coupons See All Coupons of Best Wallets See All Coupons of Best Wallets
Security

Security Level

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Very Poor
Average
Excellent
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Very Poor
Average
Excellent
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Very Poor
Average
Excellent

2FA Two-factor Authentification

Multi-signature

Pin Code

Anonimity Level

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Very Poor
Average
Excellent
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Very Poor
Average
Excellent
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Very Poor
Average
Excellent

Backup Type

24-word Recovery Phrase Seed Phrase 12-word Seed Phrase

Private Key Owner

You You You

Full Wallet Control

|
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No
Partial
Yes
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No
Partial
Yes
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No
Partial
Yes
Supported Crypto

Number of Supported Crypto

1100+
See Full List
1
See Full List
1
See Full List

Number of Supported Tokens

1500+
See Full List
N/A
See Full List
N/A
See Full List

ERC20 Support

Compatibility With Wallets/Exchanges

MyCelium, Exodus + 48 more Ledger Nano S, Trezor, KeepKey, Trezor, Ledger

Legacy Addresses

SegWit

Bech32

Software Features

Wallet Software

Android App
iOS App
Windows Software
MacOS Software
Linux
Windows Software
MacOS Software
Linux Software
Android App
iOS App
Android App
iOS App

Software Functions

Receive
Send
Store
Send
Receive
Send
Receive

Transaction Fee Control

Extra Features

Password Manager
N/A
Wallet intergrations

Transparency

Open-Source Open-Source Open-Source

Customer Support

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Very Poor
Average
Excellent
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Very Poor
Average
Excellent
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Very Poor
Average
Excellent
Connectivity

Wallet Connectivity

Bluetooth
USB
Wifi
Wifi
Web
Wifi

Wallet Control

Mobile
Dekstop
Dekstop
Mobile
Mobile
Pricing

Money Back Guarantee

14 days N/A N/A

Base Price

119 EUR 0 USD 0 USD

Service Fees

N/A Fee adjustment setting N/A
Payment Methods

Wire Transfer

Credit/Debit Card

PayPal

Cryptocurrency

Company’s info

Full Company Name

Ledger Electrum Bitcoin

Based in

Paris, France EU Vienna, Austria

Year of Origin

2014 2011 2008

Check Official Website

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Electrum vs MyCelium Technical Comparison Results

The Value for Money score is one of the most important factors you should consider, as it can tell you whether the crypto wallet comes with the best quality and price ratio, or if the brand lacks in one of these aspects. While comparing Electrum vs MyCelium, we can see that Electrum has a higher Value for Money score compared to MyCelium.

Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet. After doing Electrum vs MyCelium comparison, it’s evident that MyCelium has somewhat better security features than Electrum. The Number of Supported Crypto section can tell you just how many & which cryptocurrencies you can conveniently hold in a single cryptocurrency wallet at the same time. After comparing Electrum vs MyCelium, it’s clear that Electrum has the higher number of supported crypto with 1 cryptocurrencies available, while MyCelium supports 1 different cryptocurrencies.

It’s also really important to evaluate a wallet's customer support, as you might have some important questions or even issues that will need to be resolved right away. According to our Electrum vs MyCelium comparison research & gathered data, the better customer support is presented by Electrum, which offers fast & sincere help when their customers need it.

Keep in mind that here, we are only comparing Electrum vs MyCelium, but that doesn’t mean that these brands are the best in the game. Even though Ledger Nano X wins this comparison, if put against all the cryptocurrency wallet brands, Electrum is the clear winner. That’s why, in the comparison charts, you can see how Electrum compares against your chosen brands. It’s evident that Electrum offers features that are above the industry standards, and is the top-rated & most popular crypto wallet on the market today.


VS
Ledger Nano X
LEDGER NANO X
Trezor Model T
TREZOR MODEL T
9.8
9.6
VS
Ledger Nano X
LEDGER NANO X
Ledger
LEDGER
9.8
9.5
VS
Ledger Nano X
LEDGER NANO X
Trezor
TREZOR
9.8
9.4


The Process Behind Electrum vs MyCelium Comparison

We Gather Electrum vs MyCelium

1. We Gather

To make this Electrum vs MyCelium comparison as accurate and fact-based as possible, we collect all the data from verified sources only. We gather opinions & real-life experiences from real users, as well as measure and test out various aspects ourselves.

We Measure Electrum vs MyCelium

2. We Measure

To make sense of the gathered Electrum vs MyCelium comparison data, our experts analyze & aggregate it using data structuring methods. Whether it’s security aspects or software features, the information is filtered out to remove any untruthful or biased claims.

We Score Electrum vs MyCelium

3. We Score

To make the gathered & measured data more understandable and useful, each aspect is evaluated with a clear score, scale, or a short verdict. In this Electrum vs MyCelium comparison, our goal is to help you choose the best just by glancing at the charts.

YYou Pick Electrum vs MyCelium

4. YYou Pick

Our goal is to provide you with the clearest, factual & useful data out there. After we compare Electrum vs MyCelium head-to-head, it’s up to you to decide which cryptocurrency wallet is the best for your needs. Take your time & choose wisely!

FAQ

Which aspects are the most significant while comparing Electrum vs MyCelium cryptocurrency wallets?

The first aspect you should give your attention to is the wallet type, as it reveals a lot about the product and its security. Usually, hardware wallets are the most popular for their high level of safety. Another important aspect is the number of supported coins, as some wallets may not be able to hold the cryptocurrency you possess. You should also consider the helpfulness of a brand’s customer support & read some general feedback of other customers on how their issues were resolved. And, of course, price & payment methods are important as well, but in the world of crypto wallets, “free” often means a lower security level, so do not shy away from spending a little bit more for the safety of your crypto!

How should I know which crypto wallet is the best for me?

First, you need to consider your experience & knowledge level - decide whether you are a beginner, or an advanced user. Are you looking for a free wallet only, or are you willing to spend a little bit more for the sake of security and extra features? You should also consider how many & which coins you want to hold in one wallet. Our crypto wallet comparisons can help you answer all these questions.

What is the best cryptocurrency wallet type?

While wallets are highly preference-dependent, the most secure options are still going to remain paper and hardware wallets. The two types of cryptocurrency storage are going to allow you to retain the utmost security of your crypto coins - much better than, say, keeping them in an online exchange.

What types of cryptocurrency wallets are there?

In total, there are four big types of cryptocurrency wallets - online, hardware, software (app), and paper ones. Each of these types of wallets have their own features, benefits, and shortcomings, and are thus going to be suitable for different types of people, too. Security-wise, paper wallets are seen as the best alternative, while convenience-wise, software and online ones should be your go-to options.

Are hardware wallets worth investing in?

It depends, but in most cases - yes. If you’re just starting out with cryptocurrency trading and investing, a hardware wallet might be a bit of an overkill - it is generally considered that hardware wallets should be purchased once you have a significant amount of crypto, and want to keep it safe. If you’re an active trader, that can also dissuade the matter even further - trading-wise, software and online wallets are much more convenient.

What are “hot” and “cold” wallets?

Hot wallets are those crypto storage pieces of software that maintain a constant connection to the internet. As opposed to that, cold wallets are hardware devices that store your cryptos offline. Safety-wise, cold wallets are considered the best option - since they are always offline, you don’t need to worry about some sort of a hacker stealing all of your cryptocurrency assets.