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You can use your wallet from different devices and avoid losing bitcoins in a backup mistake or computer failure.
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For an explanation of how Bitcoin works in simple terms, read [The In-Depth Guide to Bitcoin That Won’t Leave You Frustrated](https://www.vpnmentor.com/blog/ultimate-guide-bitcoin/).
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<p>Bitcoin is <a href="https://bitcoin.org/en/faq#is-bitcoin-anonymous">not
anonymous</a>.</p>
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<p>To make it harder to relate your different transactions, you should use
a different receiving address for each transaction.
<i>Electrum</i> automatically generates new
addresses for you to use.</p>
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<p><i>Electrum</i> uses <i>mBTC</i> as the
default base unit. 1 mBTC = 0.001 BTC. To change the base unit, choose
<b>Tools&nbsp;▸ Preferences</b>.</p>
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<p>Do not blindly trust the bitcoin balance that <i>Electrum</i>
displays as <em>unconfirmed</em>. Wait for transactions to be confirmed.</p>
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Recovering your wallet from its seed
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Backing up your seed
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