The project broadcasts announcements on its Twitter channel and dispenses help via r/Electrum subreddit. The documentation also deals with niche use cases such as routing transactions through a Tor network, or setting up a watchtower for your lightning wallet. Some advanced functions - such as configuring multisig wallets, signing transactions, and getting hardware wallets to work on Linux - get their own sections. The official documentation begins with an FAQ, which does a nice job of running through some of the wallet’s interesting features. The website points to two distinct resources one is the official documentation, while the other is an unofficial resource that hosts about two dozen easy-to-follow and well-illustrated guides. In fact, we’d advise anyone interested in using Electrum, irrespective of their experience with cryptocurrencies, to spend some time going through its extensive documentation to familiarize themselves with its peculiarities.

However, not all of it is immediately apparent. You can then right-click on any of them to get the option to spend them.įor a thin wallet, Electrum packs quite a lot of functionality. You’ll have to enable the Coins tab from under the view menu to view all the individual UTXOs or unspent transaction outputs. The way it is realized has a number of issues in my opinion. However, you have to enable it first from the Tools menu.Įlectrum also has coin control features, but these too are hidden by default. Turning on dynamic fees also displays the Fee multiplier slider. One of Electrum's most interesting features is the ability to send payments to multiple addresses at the same time, which helps save on transaction fees. The tab also has a slider that you can use to specify the fee for the transaction. Again, you can optionally add a description for the transaction to help you identify it later. To send Bitcoin, switch to the Send tab and enter the address of the wallet you want to send to, either manually or by scanning its QR code. Electrum will also automatically convert the Bitcoin amount into fiat currency. Optionally you can add a description to the transaction and an expiry date for the request. The Receive tab gives you the option to generate a new address, along with a QR code, either of which you can then pass on to the sender. There are separate tabs for sending and receiving Bitcoin, and another to view past transactions. Once you’ve set up the wallet to your liking, the process of transferring funds isn’t all that complicated. Check out his other work here.(Image credit: Electrum Wallet) Transferring funds The CSS used by this subreddit is the Erdune Theme modified by /u/Annihilia and /u/konkedas. You MUST verify the integrity of this software before running it.Latest stable version: 25.0 (May 2023).You can also use Bitcoin Core as a very secure Bitcoin wallet. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. #bitcoin Other Bitcoin sitesīitcoin Forum Bitcoin Stack Exchange Bitcoin Magazine Download Bitcoin Coreīitcoin Core is the backbone of the Bitcoin network. Do not post your Bitcoin address unless someone explicitly asks you to.Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Please avoid repetition - /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem.r/Bitcoin is primarily for news and discussion.

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If you are new to Bitcoin, check out We Use Coins and. As such, it is more resistant to wild inflation and corrupt banks. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.

Electrum dynamic fees slider