Qtum Electrum Light Wallet: Complete User Guide

Qtum Electrum is a lightweight desktop wallet adapted from the popular Bitcoin Electrum wallet. Compared to the Qtum Core full-node wallet, Qtum Electrum offers faster synchronization, lower disk space usage, and robust features like multi-signature support, hardware wallet integration, cold storage mode, and mobile wallet mnemonic import—all while maintaining security through SPV verification.

Key Features & Installation

Downloading Qtum Electrum

Get the latest version from these official sources:

• GitHub: Qtum Electrum releases
• Qtum Ecosystem: qtumeco.io/wallet

Installation options:

• Portable: No installation required (ideal for USB drives)
• Setup: Installs to system directories (creates desktop shortcuts)

Linux users: Follow dependency installation steps in the README.

Wallet Setup & Recovery

1. First Launch: Select "Auto Connect" to link to servers.

2. Wallet Type: Choose "Standard Wallet" (BIP44-compliant).

   • New wallet: Select "Create a new seed"
   • Recover wallet: Choose "I already have a seed"

👉 Secure your QTUM assets now

Critical:

• Backup your 12/24-word mnemonic phrase in multiple secure locations.
• Set a strong wallet password.

Special Cases:

• Mobile wallet recovery: Enable "Qtum mobile wallet compatible"
• Qtum Core migration: Export master key via qtum-cli dumpwallet and select "Qtum Qt Core wallet compatible"

Sending/Receiving QTUM

• Send Tab: Enter recipient address, amount, and default fee.
• Receive Tab: Generate dynamic addresses (changes per transaction).
• History Tab: Review all transactions with detailed logs.

UI Customization:
Change language under Settings > Appearance ("Chinese" for 中文). Restart to apply.

Managing QRC20 Tokens

1. Navigate to the Tokens tab.

2. Right-click > "Add Token" and enter:

   • Token contract address (find via qtum.info)
   • Linked wallet address

Token Operations:

• View balances/history
• Send tokens (requires recipient address and quantity)

Advanced Features

Multi-Signature Wallets

QTUM uses Bitcoin-style multi-sig for enhanced security.

Setup:

1. Create wallet > "Multi-signature wallet"
2. Set total participants and minimum required signatures.
3. Exchange public keys with co-signers.

Warning: Never share private keys/mnemonics.

👉 Explore secure QTUM storage options

Hardware Wallet Integration (Ledger)

1. Connect/unlock Ledger > Open Qtum App.
2. Create wallet > "Use a hardware device".
3. Confirm transactions directly on the Ledger.

FAQ

Q1: Is Qtum Electrum safe for large holdings?
A1: Yes, with proper mnemonic/private key storage and hardware wallet integration for added security.

Q2: Why does my receive address keep changing?
A2: Electrum uses BIP44 hierarchical deterministic (HD) addresses—all are derived from your single mnemonic.

Q3: Can I use Electrum on multiple devices?
A3: Yes, restore the wallet using your mnemonic phrase on any device.

Q4: What if I lose my mnemonic phrase?
A4: Funds are irrecoverable—always store backups offline.

Beta Participation

Report issues via GitHub Issues. Qtum Electrum welcomes community feedback during its public beta phase.

Pro Tip: For optimal security, combine Electrum's cold storage with a hardware wallet when handling significant QTUM amounts.

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