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1inch Wallet vs Electrum

How 1inch Wallet vs Electrum compare on our ratings, wallet specs, funding, pros and cons.

1inch Wallet4.3/5
VS
Electrum3.5/5
Feature
1inch WalletVisit
ElectrumVisit
Ratings
Our score4.3/53.5/5
User ratingNo reviews yetNo reviews yet
Security4.04.5
Ease of use4.53.5
Chain support4.51.5
Features4.53.5
Privacy4.04.0
Specs
KYC required No No
Wallet typeMobileDesktop, Mobile
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherBitcoin
PlatformsiOS, AndroidWindows, macOS, Linux, Android
Open sourceNot disclosed Yes
Hardware wallet support Yes Yes
In-app swaps YesNot disclosed
Staking Yes No
NFT supportNot disclosed No
Buy crypto in appNot disclosed No
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationSPV transaction verification, Multisignature wallets, Two-factor authentication, Watch-only wallets, Cold storage, Offline signing, Reproducible builds, GPG-signed releases
Recovery without a seed phrase No No
Passkey loginNot disclosed No
MultisigNot disclosed Yes
Built-in dApp browser Yes No
Perpetuals tradingNot disclosed No
Company
Founded20192011
Headquarters—Germany
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Native swaps across 18+ blockchains without routing through third-party bridges
  • Self-custodial architecture requiring no identity verification or KYC
  • Zero gas fees available on supported swap modes
  • Hardware wallet pairing supported through Ledger devices
  • Self-custodial Bitcoin wallet with encrypted keys
  • Open-source MIT-licensed software
  • Supports hardware wallets and multisig
  • Available on Windows, macOS, Linux and Android
Cons
  • No native desktop application available
  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers
  • Unbacked private keys cannot be recovered if device access is lost
  • Supports Bitcoin only, not Ethereum or tokens
  • No official iOS version is listed
  • Seed-phrase loss can permanently remove access
  • Phishing and malicious downloads can expose funds
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionBitcoin self-custody, Hardware-wallet users, Multisig Bitcoin setups

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.