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What is Electrum bitcoin wallet?

The Electrum Bitcoin Wallet is a non-custodial digital wallet that uses hot storage, and can combine with the services of a cold storage hardware wallet for extra security. Electrum is one of the oldest Bitcoin wallets, having originated in 2011. This wallet uses two-factor authentication (2FA) to ensure no one else can access your BTC.

Is there a Litecoin version of electrum?

The Bitcoin-Wiki page for Electrum says it's a Bitcoin wallet. However, there is also a Litecoin version. What currencies does Electrum support? Where does it say there is a lightcoin version?

Is electrum a safe place to store bitcoin?

Electrum’s service has experienced some security breaches. Years ago, many users lost the Bitcoin stored on their hot wallets, and Electrum took much heat for it. Today, Electrum offers more robust security measures for their users. Electrum is once again considered a safe place to store Bitcoin.

How do I deposit Bitcoin with electrum & Bitcoin Core?

Just paste your Blockfi deposit address into Electrum, and send the BTC. The biggest differences between Electrum and Bitcoin Core is that with Bitcoin Core you must download the entire Bitcoin blockchain. That’s because the Bitcoin Core wallet is a full node wallet, allowing you to personally verify all your transactions on your own.

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