Ele🅒trum Wallet: Setup
To set up Electrum on your desktop, you’ll need to access its official website. There, you click on the Download Electrum button at the bottom of the homepage. On the next page, you will find the available operating systems that support Electrum. Choose the operating system your computer runs on, and download and install the wallet software.
To set up Electrum Bitcoin Wallet, open the software and choose whether you want to create a new wallet, open a multi-signature wallet, or restore an existing wallet. Click ‘Create new wallet’ and write down the twelve-word seed phrase you will need to recover your wallet in case your computer crashes or you accidentally delete the software. Once you have secured your recovery phrase and typed it in again to confirm, you need to set an encryption password for your wallet. You can start using your Electrum Bitcoin Wallet after setting your password.
To download the mobile version of Electrum, you can search for the wallet in the Google Play Store or click on the Android version of the software on the Downloads section of the Electrum website.
After downloading the Electrum mobile wallet to your Android device, open the app and click on ‘Next’ to create a new wallet. Then, you'll be asked if you’d like a standard wallet, a wallet with two-factor authentication, or a multi-signature wallet. Additionally, you can choose to restore an existing wallet.
If you’d like to create a standard wallet, click standard wallet and proceed to create a new seed phrase. Write down the seed phrase and re-enter it to confirm you’ve written it down and stored it securely. Finally, you’ll enter an encryption password and wait for your wallet to synchronize, which typically takes less than a minute.