Electrum vs Nunchuk
Electrum has the higher grade on both axes: Safety 8.5 against 7.0, and Privacy 8.6 against 7.5.
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 →
Nunchuk
Bitcoin multisig wallet with optional paid co-signing and inheritance plans
Privacy
7.5/ 10
Strong
Safety
7.0/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Electrum | Nunchuk | |
|---|---|---|
| Category | Wallets | Wallets |
| KYC policy | ID never required | ID never required |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | Not published |
| Open source | Yes | Yes |
| Tor onion address | No | No |
| Coins | BTC | BTC |
| Fees | Not published | Free plan; assisted plans listed at 120, 480 and $2,100 per year |
| Founded | 2011 | Not published |
| Jurisdiction | Germany | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Electrum
No registrationNo email neededNo phone neededAccepts Lightning5+ years operatingLegal entity disclosed
Both
Open sourceNon-custodial
Only Nunchuk
Nothing distinct
Where they sit among wallets
Questions
Is Electrum or Nunchuk safer?
Electrum has the higher Safety grade: Electrum 8.5, Nunchuk 7.0, out of 10.
Does Electrum or Nunchuk require KYC?
Electrum is KYC level 0 (ID never required). Nunchuk is KYC level 0 (ID never required).
Which has more incidents on record?
Electrum has 0 and Nunchuk has 0 documented incidents in the registry.