It’s considered an anonymous wallet with privacy features, which makes it a tasty bite for users. It’s one of the most preferred platforms to send and receive BTCs, because of the fast and easy setup process. Let me start with the basics – Electrum is a single coin wallet, supporting only Bitcoin. At the end of the article, you’re going to find a full Electrum guide to lead you step by step through the installation of the wallet and how to use it. It is considered one of the oldest and most secure wallets when it comes to storing Bitcoin. This Electrum review is going to show you all the security and anonymity features that benefit the users of this wallet. The transaction is then broadcasted to the network, you just have to wait the first confirmation come.William Carter Electrum Wallet Review: Features and How-to-Use Guide When signature is completed, all is done, you just have to broadcast the transaction, clicking on the button with same name. If using an external device you will have to confirm on it.
Then just click on sign, in order to make signature.
You can also choose if using RBF (replace by fee) and the target miner fee. Here you can see the inputs and outputs of your draft transaction. When the popup is shown, just click on advanced in order to check transaction details and preview. Then go into the spend tab, you will still see on bottom the hightlighted green line containing what you are going to spend. The utxo is lighted by green and shown on the bottom. The procedure of sending onchain transactions has changed so much and here we want to see how to do that using electrum on the testnet.įirst of all go into the coins tab of the wallet, then choose a UTXO you want to spend, right click > spend.
This version infact supports also lightning network channels and transactions. The interface has changed and the features as well. The new electrum 4 is very different from the previous.
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