Electrum vs Gem Wallet
How Electrum vs Gem Wallet compare on our ratings, wallet specs, funding, pros and cons.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 3.5/5 | 4.6/5 |
| User rating | No reviews yet | No reviews yet |
| Security | 4.5 | 4.5 |
| Ease of use | 3.5 | 4.5 |
| Chain support | 1.5 | 5.0 |
| Features | 3.5 | 4.0 |
| Privacy | 4.0 | 5.0 |
| Specs | ||
| KYC required | No | No |
| Wallet type | Desktop, Mobile | Mobile |
| Custody | Self-custodial | Self-custodial |
| Chains | Bitcoin | Ethereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Sui, Aptos, TON, Tron, Hyperliquid, Cosmos, Other |
| Platforms | Windows, macOS, Linux, Android | iOS, Android |
| Open source | Yes | Yes |
| Hardware wallet support | Yes | Not disclosed |
| In-app swaps | Not disclosed | Yes |
| Staking | No | Yes |
| NFT support | No | Yes |
| Buy crypto in app | No | Yes |
| Security features | SPV transaction verification, Multisignature wallets, Two-factor authentication, Watch-only wallets, Cold storage, Offline signing, Reproducible builds, GPG-signed releases | Biometric authentication, 12-word seed phrase backup, Apple Keychain integration, Google Tink encryption |
| Recovery without a seed phrase | No | No |
| Passkey login | No | Not disclosed |
| Multisig | Yes | Not disclosed |
| Built-in dApp browser | No | Yes |
| Swap fee | Not disclosed | 0.5% |
| Perpetuals trading | No | Not disclosed |
| Company | ||
| Founded | 2011 | 2023 |
| Headquarters | Germany | United Arab Emirates |
| Investors | Not disclosed | Not disclosed |
| Strengths and weaknesses | ||
| Pros |
|
|
| Cons |
|
|
| Best for | Bitcoin self-custody, Hardware-wallet users, Multisig Bitcoin setups | Mobile multichain crypto management, Privacy-focused self-custody, Direct cross-chain swaps without exchanges |
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.