- Is Electrum a cold storage?
- How do you make a cold wallet with Electrum?
- Where does Electrum store Bitcoin?
- Can Electrum store ethereum?
Is Electrum a cold storage?
Electrum is a safe and customizable way to hold Bitcoin, allowing users to experience the security of cold storage. It's compatible with all major hardware wallets, such as the Ledger Nano S, Trezor, and more.
How do you make a cold wallet with Electrum?
On your online machine, open up Electrum and select File -> New/Restore. Enter a name for the wallet and select “Standard wallet”. Paste your master public key in the box. Click Next to complete the creation of your wallet.
Where does Electrum store Bitcoin?
Electrum never stores private keys. Instead, they are stored on the users' devices locally.
Can Electrum store ethereum?
No, you cannot use Electrum wallets to store Ether. As stated in the FAQ) Electrum only supports Bitcoin.