Crypto wallets
Electrum privacy rating
Lightweight Bitcoin wallet for desktop and Android that verifies transactions through SPV servers, with support for hardware wallets, multisig, watch-only wallets and Lightning.
Summary
Electrum scores 80 out of 100 (grade B) on the crypto wallets criteria. It meets 3 of 4 criteria: open source, no trackers or telemetry and no ads or data sales. It does not meet independent audit. It is based in Germany: Fourteen Eyes member; EU member (GDPR).
Score 80 out of 100. How scoring works
Criteria
- Yes
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Yes
No trackers or telemetry Weight 3 of 3
Are the website and apps free of third-party trackers, with any analytics anonymous and any telemetry off by default?
The Exodus report finds no trackers in the Android app, and crash report uploads are opt-in.
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Yes
No ads or data sales Weight 2 of 3
Is the product funded without advertising, ad targeting or selling user data?
Free software provided at no cost, with no ads.
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No
Independent audit Weight 2 of 3
Has an independent security or privacy audit been published within the last three years?
No independent audit is published.