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Crypto APIs VS Electrum

Compare Crypto APIs VS Electrum and see what are their differences

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Crypto APIs logo Crypto APIs

Crypto APIs – Blockchain infrastructure suite for Web 3.0. We make the interactions with blockchains easy, fast and at a fraction of the cost.

Electrum logo Electrum

Electrum is an easy to use Bitcoin client.
  • Crypto APIs Landing page
    Landing page //
    2023-09-12

Crypto APIs is an infrastructure layer that helps development teams build blockchain and crypto products faster. Our blockchain infrastructure suite can be applied across different businesses and use cases.

Blockchain Data – Provision of unified data with quick response time of under 25 ms. Blockchain Events – Real-time notifications for multiple event types across leading blockchain networks Node as a service – Shared or dedicated node infrastructure for top blockchains Non-custodial wallets – open-source key management system for secure generation and storing of private keys Blockchain tools - A set of prepared cryptographic APIs which save time and effort. Derive receiving/change addresses from HD wallet (xPub, yPub, zPub), broadcast signed transactions, and more. Market Data - Get access to Unified market data using REST APIs from top crypto exchanges Blockchain Automations - Setup forwarding rules to send all of your funds to one secure and main wallet.

Crypto APIs offers free subscription plan with access to all available testnet networks. Paid subscription plans start from just $129 per month with different packages, including custom plans, to suit the individual needs of each client.

  • Electrum Landing page
    Landing page //
    2023-07-21

Crypto APIs

Website
cryptoapis.io
Pricing URL
Official Crypto APIs Pricing
$ Details
freemium $49.0 / Monthly
Platforms
Web iOS Android REST API Node JS .Net Python Ruby Go Java PHP Erlang
Release Date
2018 March
Startup details
Country
Bulgaria
City
Sofia
Employees
10 - 19
Edit details

Electrum

Website
electrum.org
Pricing URL
-
$ Details
Platforms
-
Release Date
-
Edit details

Crypto APIs features and specs

  • Comprehensive API Suite
    Crypto APIs provides a wide range of APIs that cover various aspects of the cryptocurrency ecosystem including wallet management, blockchain data, market data, and more, allowing developers to integrate complex functionalities easily.
  • Streamlined Development
    By using Crypto APIs, developers can significantly reduce the time and effort required to develop blockchain applications, as the service offers pre-built, modular APIs that can be easily implemented.
  • Support for Multiple Blockchains
    Crypto APIs supports multiple popular blockchains, enabling developers to work with different cryptocurrencies and blockchain technologies within a single platform.
  • Real-Time Data Access
    The platform provides real-time access to blockchain data, which is essential for building responsive and up-to-date applications.
  • Enhanced Security
    Crypto APIs includes security features such as integrated wallet and transaction management, ensuring the secure handling of user data and transactions.

Possible disadvantages of Crypto APIs

  • Cost
    Using Crypto APIs can be expensive for small projects or startups as their pricing plans may not fit tight budgets, especially for applications with a large volume of API calls or requiring premium features.
  • Dependency on Third-Party Service
    Relying on Crypto APIs means that your application becomes dependent on the availability and reliability of a third-party service, which may be a concern for some developers.
  • Learning Curve
    While Crypto APIs simplify many tasks, there can still be a learning curve involved in understanding and effectively utilizing their extensive range of features and tools.
  • Limitations in Customization
    Developers may find limitations in customization compared to building custom solutions from scratch, as they are confined to the features and functionalities provided by Crypto APIs.

Electrum features and specs

  • Lightweight
    Electrum does not download the entire blockchain; it relies on remote servers, making it fast and consuming less storage space on your device.
  • Security
    Electrum uses advanced security features like two-factor authentication, multi-signature wallets, and cold storage to protect user funds.
  • Speed
    Since Electrum does not require synchronization of the full blockchain, transactions are processed quickly.
  • Open Source
    Electrum is open-source software, allowing for community review and contributions to enhance its functionality and security.
  • Compatibility
    Electrum is compatible with various types of hardware wallets, enhancing security by enabling offline storage of private keys.
  • Blockchain Integration
    Electrum uses Simple Payment Verification (SPV) to verify transactions, making it efficient and reliable for users.
  • Customizable Fees
    Users have the option to customize transaction fees, giving them control over the cost and speed of their transactions.

Possible disadvantages of Electrum

  • Reliance on Remote Servers
    Since Electrum relies on remote servers for blockchain data, a server malfunction or attack could potentially disrupt service.
  • User Interface
    The user interface of Electrum can be less intuitive and less user-friendly, especially for beginners compared to some other wallets.
  • Limited Altcoin Support
    Electrum primarily supports Bitcoin, with limited support for other cryptocurrencies, which may not meet the needs of those who use multiple altcoins.
  • Privacy Concerns
    Using remote servers involves sharing some information regarding your transactions which might raise privacy concerns.
  • Manual Updates
    Users are required to manually update Electrum to benefit from the latest features and security patches.

Analysis of Electrum

Overall verdict

  • Yes, Electrum is generally considered a good Bitcoin wallet.

Why this product is good

  • Electrum is known for its speed and efficiency, as it connects to decentralized servers rather than downloading the entire blockchain.
  • It offers advanced features such as cold storage, hardware wallet support, and multisig functionality, making it suitable for more experienced users.
  • Electrum is open-source, which means its code is publicly reviewed and audited for security.
  • It provides users with full control over their private keys, enhancing security and privacy.
  • The wallet has been around since 2011, giving it a long-standing reputation within the Bitcoin community.

Recommended for

  • Users who prioritize security and want full control over their private keys.
  • Bitcoin enthusiasts looking for a lightweight, fast, and resource-efficient wallet.
  • Advanced users requiring features like cold storage, multisig capabilities, and hardware wallet compatibility.
  • Individuals who prefer open-source software with a strong community backing.

Crypto APIs videos

+ Add

Crypto APIs - The infrastructure layer of any Crypto & Blockchain product

More videos:

  • Review - Crypto APIs integrates complex blockchain protocols

Electrum videos

+ Add

Electrum Bitcoin Wallet - Versatile and Feature Rich

More videos:

  • Review - Electrum Wallet Review by FXEmpire
  • Review - Electrum Sabercrafts Torrent Smart Saber Review

Category Popularity

0-100% (relative to Crypto APIs and Electrum)

Crypto APIs

Electrum

Cryptocurrencies
5 5%
Cryptocurrencies
95% 95
Crypto
9 9%
Crypto
91% 91
Cryptocurrency Wallets
0 0%
Cryptocurrency Wallets
100% 100
Blockchain
100 100%
Blockchain
0% 0

User comments

Share your experience with using Crypto APIs and Electrum. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Crypto APIs and Electrum

Crypto APIs Reviews

11 Best Crypto APIs for Developers
The pricing options are usage-based, so you can always upgrade your plan if you need to serve higher demand or scale fast. Using Crypto APIs Wallet as a Service product can also save you up to 90% on transaction network fees.
Source: medium.com

Electrum Reviews

Top 10 Best Bitcoin Wallets of 2021
Electrum is one of the oldest Bitcoin wallets you can find. The wallet, which used to be a desktop client alone, is now also available on mobile. Electrum is compatible with multiple operating systems such as Windows, Mac, and Linux. The wallet is an open source software wallet. Over the years, several developers have contributed to its source code. Website: www.electrum.org
Source: medium.com
20 BEST Bitcoin Wallets | Top Crypto Wallets in 2021
Electrum is the oldest Bitcoin wallets available in the market. It offers excellent privacy features and keeps your Bitcoins secure. It is the bitcoin wallet that good privacy features and keeps your Bitcoins secure.
Source: www.guru99.com

Social recommendations and mentions

Based on our record, Electrum seems to be a lot more popular than Crypto APIs. While we know about 230 links to Electrum, we've tracked only 2 mentions of Crypto APIs. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Crypto APIs mentions (2)

  • List of deposit addresses
    Where did you find any reference to cryptoapis.io (please provide links, as this is something we haven't discovered). Source: almost 2 years ago
  • Luc Schiltz (ex Europol Most Wanted) wallet receives your deposits
    Also looks like most transactions are automated through https://cryptoapis.io, not Ledger. Source: almost 2 years ago

Electrum mentions (230)

  • Noob question, laugh at will
    I have been looking at exchanges and different wallet options but I am 99% sure its from electrum.org. Source: over 1 year ago
  • Legitimate Bitcoin Apps
    Https://electrum.org - Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Source: over 1 year ago
  • 1000 btc wallets adresses
    Hello, I have question, When I download wallet from electrum.org, and have 1 btc wallet adress. Can I made like 1000 btc wallet adress now ? Best regards. Source: over 1 year ago
  • Failing to "gpg --verify" on linux
    I am following the Linux instructions from electrum.org, I'm using Ubuntu (fist timer, know zero to nothing about coding) and ChatGPT to help me write the code. Source: over 1 year ago
  • How to import Bitcoin Address as a watch only
    Electrum (https://electrum.org) can do that. Under "View" enable the tab "Coins" and then right click on the UTXO you're interested in, "Copy" > "Long Output point". Source: over 1 year ago
View more

What are some alternatives?

When comparing Crypto APIs and Electrum, you can also consider the following products

Coinbase - Bitcoin, safe and easy.

Jaxx - Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension

Trezor.io - The Hardware Bitcoin Wallet

Bitquery - Tools that parse, index, access, search, & use info across blockchain

BlueWallet - An easy to use and secure Bitcoin wallet for iOS

NOWNodes.io - Explorer & Node APIs

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