Post
Topic
Board Electrum
Merits 1 from 1 user
Re: How to use a 24 words seed phrase in Electrum Android Version?
by
bitleone
on 07/01/2025, 21:00:36 UTC
⭐ Merited by Lucius (1)
The Idea is to use Electrum only for bitcoins and leave other coins on Trust Wallet
Thanks for your reply


It makes sense - although if you are thinking of getting more serious with cryptocurrencies and investing larger amounts of money, I would recommend you to think about buying a hardware wallet. I will not give any recommendations because we have a board dedicated to this topic on the forum, so you can read a lot and decide if you need such a device and which would be the best for you.

Otherwise, crypto wallets on smartphones are not something that is recommended for long-term storage, but we use them mainly as hot wallets for storing smaller amounts.

Thanks for your tips.
Finally, for bitocoins, I am using Electrum in a pendrive, containing my private keys (using a 24 words seed). On the smarphone I configured a watch only electrum just importing the master public key.
For few amount of altcoins I am continuing using Trust Wallet

I think that Electrum, if used correctly, is comparable with an hw wallet, don't you think? I mean, a pen drive used only on non connected device, a watch only wallet on smartphone.

Thanks again