Electrum
Electrum is a non-custodial Bitcoin wallet with advanced fee settings, hardware wallet support and the option to run through a personal server.
Pros
- Non-custodial model — private keys are stored locally on the user's device.
- Flexible fees — manual fee control, support for Replace-By-Fee (RBF) and Child-Pays-For-Parent (CPFP).
- Hardware wallet support — integration with Ledger, Trezor and other devices.
- Open source — code is available for community review.
- Run via a personal server — option to connect to a private Electrum server for improved privacy.
Cons
- Interface for advanced users — may appear complex for newcomers.
- Bitcoin-only — no support for other blockchains.
- No mobile focus — desktop only.
Detailed description
Electrum is one of the best-known Bitcoin wallets with advanced configuration options. A seed phrase is created during setup and stored locally: access to funds remains under the user's control.
The wallet supports manual fee management, allowing transactions to be adapted to current network conditions. It also supports working with hardware devices to isolate private keys.
For users who prioritize enhanced privacy, there is an option to connect to a personal server. Electrum is aimed at those who want full control over Bitcoin transactions and network parameters.