# 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).

- Website: https://electrum.org
- Source code: https://github.com/spesmilo/electrum
- License: MIT
- Jurisdiction: Germany. Fourteen Eyes member. EU member (GDPR).
- Home page trackers: Cloudflare Web Analytics (cookieless analytics)
- Category: [Crypto wallets](https://privacyratings.com/crypto-wallets/)
- Grade: B (80/100)

## Criteria

| Criterion | Answer | Note | Evidence |
| --- | --- | --- | --- |
| Open source | Yes | MIT. | https://github.com/spesmilo/electrum/blob/master/LICENCE |
| No trackers or telemetry | Yes | The Exodus report finds no trackers in the Android app, and crash report uploads are opt-in. | https://reports.exodus-privacy.eu.org/en/reports/org.electrum.electrum/latest/ |
| No ads or data sales | Yes | Free software provided at no cost, with no ads. | https://electrum.org/#privacy |
| Independent audit | No | No independent audit is published. |  |

Source: https://privacyratings.com/crypto-wallets/electrum/
Edit: https://github.com/privacyratings/privacyratings.com/edit/main/ratings/crypto-wallets/electrum.md
