Electrum vs Monero GUI and CLI Wallets
It is a trade-off. Electrum has the higher Safety grade (8.5 against 7.0), while Monero GUI and CLI Wallets has the higher Privacy grade (9.3 against 8.6).
Electrum
Long-established open-source Bitcoin wallet with Lightning support
Privacy
8.6/ 10
Excellent
Safety
8.5/ 10
Excellent
ID never required KYC 0 Docs reviewed Full review →
Monero GUI and CLI Wallets
Official open-source Monero desktop wallets published by the Monero Project
Privacy
9.3/ 10
Excellent
Safety
7.0/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Electrum | Monero GUI and CLI Wallets | |
|---|---|---|
| Category | Wallets | Wallets |
| KYC policy | ID never required | ID never required |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | Yes |
| Tor onion address | No | Yes |
| Coins | BTC | XMR |
| Founded | 2011 | Not published |
| Jurisdiction | Germany | Decentralised / none |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Electrum
Accepts Lightning5+ years operatingLegal entity disclosed
Both
No registrationNo email neededNo phone neededOpen sourceNon-custodial
Only Monero GUI and CLI Wallets
Tor onion serviceAccepts Monero
Where they sit among wallets
Questions
Is Electrum or Monero GUI and CLI Wallets safer?
Electrum has the higher Safety grade: Electrum 8.5, Monero GUI and CLI Wallets 7.0, out of 10.
Does Electrum or Monero GUI and CLI Wallets require KYC?
Electrum is KYC level 0 (ID never required). Monero GUI and CLI Wallets is KYC level 0 (ID never required).
Which has more incidents on record?
Electrum has 0 and Monero GUI and CLI Wallets has 0 documented incidents in the registry.