Jaxx Wallet
Many crypto investors work with multiple coins at the same time. It is important for them to have a reliable tool for storing and transferring funds. One of these is the Jaxx multicurrency wallet, which offers both desktop and mobile versions. To restore control of the crypto wallet, the client is provided with a seed phrase and private keys.
General information
What is Jaxx Wallet? Jaxx is a new multi-currency Bitcoin wallets that is driven with its ambition of simplifying the blockchain and channeling as many customers as possible. It was started in. Jaxx Liberty leaves the key pair control to you and stays away from the funds a.k.a neither holds nor has access to them. This wallet is rich in features, backed up with professional and well-trained customer support. Feel free to customize your Jaxx Liberty HD wallet and adjust it to show only the coins or tokens you want, not the whole 80.
The Jaxx wallet is a 'multi-currency wallet', and allows you to store lots of different cryptocurrencies all in the same place.In fact, at the time of writing in July 2021, the Jaxx wallet can store more than 90 different coins (some of which I have listed below), with more and more being added all the time. Jaxx express wallet. The leading blockchain wallet with built-in Exchange, Portfolio, Crypto News, Market Data and Block Explorer. Jaxx Liberty securely supports 90+ cryptocurrencies including Bitcoin, Ethereum, Litecoin and Dash, and is available on iOS, Android, Desktop, and Chrome.
Jaxx Inc. is working on the creation and maintenance of the Jax cryptocurrency wallet. Is one of the leading blockchain companies in Canada. Place of registration - Toronto. In 2018, it is planned to open a 5-storey office of the company in the city center.
The founder of the operator company is the well-known cryptocurrency enthusiast and investor Anthony Di Iorio. He is the co-founder of Ethereum and participates as an advisor in many promising crypto projects, including Qtum, Polymath and others.
The first version of wallet Jaxx was introduced to users in 2014. At that time, the tool only supported 5 coins. At the current time, version 1.3.12 of the crypto wallet has been released, which already contains 62 coins. New cryptoassets are constantly being added to the list.
Since one of the first cryptocurrencies available for storage was Dash, due to Apple policy, no application for the iOs operating system was developed for a long time. Now the service works with this OS. In addition, wallet Jax versions are offered for:
- Android;
- OS X;
- Windows (x64 and x86)
- Linux (x64 and x86).
An extension for the Google Chrome browser is also offered.
Installation and launch
Before starting the installation, you need to go to the official site of the Jaxx wallet, which has a URL jaxx.io... In the horizontal menu, select the Download tab. Going to a new page, depending on the platform for installation, the download option is selected
Next, you need to run the installation file. In the window that opens, general information about the downloaded version will appear. Then you should press the Continue and Accept buttons in sequence. In the next window, you need to choose between creating a new wallet or restoring access to the old one. If the user did not work with the service in question earlier, then the first option will do.
Next, a window will appear where you need to decide on the fast (Express) or advanced (Custom) settings. It is enough to dwell on the first option and tweak the crypto wallet already inside the service.
At the last stage, you will be offered to configure the list of coins. Wallet Jax will be open immediately. Subsequently, it can be launched through the 'Start' menu item in Windows or through a shortcut on the desktop of a computer or mobile device.
Interface overview
The following blocks can be distinguished in the Jax wallet interface:
- Cryptoasset selection carousel. For the coin in the first place, the address and balance become active.
- Buttons for performing Receive, Exchange, and Send operations.
- The user's Jaxx wallet address for the selected coin.
- Balance of cryptoasset with duplication in fiat money.
- QR code for fast work through a mobile device.
- A menu with private settings, tools for obtaining Private keys, a 'Help' section, a choice of displaying crypto wallets and fiat currencies to duplicate the balance.
- Transaction history.
What currencies does it support
At the time of writing the review, 62 coins were available for storage in the service. A complete list of cryptoassets is available in the table.
Basic operations
The Jax cryptocurrency wallet allows you to accept coins for storage, exchange them for other coins or withdraw funds to other addresses.
How to top up
To transfer to Jaxx, you need to click on the Receive button in the interface. Before that, you need to select the required cryptocurrency in the carousel.
In the field that opens, the number of coins is inserted. After clicking on the Generate button, a QR code will be generated for quick replenishment via a smartphone or tablet. The address will be registered immediately in case of transferring funds using a computer or from an exchange.
How to exchange
In wallet Jax, a direct exchange service for cryptocurrencies ShapeShift is built through the API. With its help, you can quickly transfer one cryptoasset to another without using cryptocurrency exchanges.
Jaxx Wallet Download
To make an exchange, the user will have to follow these steps:
- Click on the Exchange button.
- In the drop-down list, select the cryptocurrency you want to exchange.
- In the drop-down list, specify the asset that you want to receive.
- Insert the number of exchanged coins. Here you need to pay attention that ShapeShift sets its minimum and maximum value for the deposit for each pair. They have a variable meaning and are shown on the exchange form. Therefore, the amount exchanged must be in the range between the minimum and maximum values.
- The Exchange button is pressed. As soon as the required number of confirmations occurs, new coins will be displayed on the balance.
How to withdraw
Before the withdrawal of funds in the carousel, the desired coin is selected. Then the following sequence is executed:
- The Send tab is activated.
- The address of the recipient is inserted into the field.
- The number of coins to be withdrawn is indicated.
- The Send button is pressed.
After the required number of confirmations by the system, the cryptocurrency will be transferred to the new address
Setting
The Jax interface allows you to make additional settings. They are located in the drop-down list in the upper right corner. There are 3 tabs:
- Menu - has 5 sections. This includes:
- Tools. Here you can see and download the Backup Phrase to return control over the wallet (Backup Wallet), private keys (Display Private Keys), settings for accessing one crypto wallet from multiple devices (Pair Devices).
- Settings. In this section, you can set a secret PIN code for authorization (Setup Security Pin), update the balance (Reset Jaxx Cashe), set the miners' commission (Mining Fee).
- Help. Collected answers to basic questions asked.
- Newsletters.
- About. Provides basic information about the version and configuration of the installed wallet, contacts for contacting technical support, the domain of the official website, terms of service.
- Wallets - allows you to add coins from the list that the user wants to store in the crypto wallet.
- Currency - serves to select the fiat currency in which the balance should be duplicated.
It is imperative to save and make several reliable copies of the seed phrase and private keys in order to be able to restore control over the wallet or to log in from another device.
Advantages and disadvantages
The benefits of wallet include:
- intuitive interface and beautiful design;
- a strong development team led by Ethereum co-founder Anthony Di Iorio;
- ease of installation. The crypto wallet belongs to the category of 'thin', so only a shell without a blockchain is installed on the computer. Synchronization with the blockchain occurs when you connect to the Internet or make a transfer;
- the ability to obtain private keys and seed phrases;
- availability of additional security settings by setting a pin code;
- a large selection of available cryptocurrencies;
- the ability to exchange cryptoassets directly within the service.
The negative aspects include the fact that periodically there are error messages in the code of this tool. The latter was recorded at the end of February 2018, when the Chinese provider Cheetah Mobile found such vulnerabilities. But they will soon be eliminated, so the Chinese have already contacted the operator Jax. I would also like options for the interface not only in English, but also in other languages.
Conclusion
Among the 'thin' crypto wallets, Jax is considered one of the most convenient and reliable. It is easy to manage and provides the user with private keys, which makes it possible to restore control in case of loss. The resource has a good development team, technical support promptly helps clients with resolving issues.
The tool is suitable for both short-term use and long-term storage. You just need to have a copy of the private key and seed phrases, which must be stored in a safe place.
Jаxx Wallet Review
Jaxx is a multi-currency wallet that supports over 80 cryptocurrencies including the popular ones like Bitcoin, Ethereum, Litecoin, Dash and Bitcoin Cash. Jaxx is notable for its cross-platform pairing feature, user-friendly interface, ease-of-switch between stored digital assets and more. One of the unique features of Jaxx іѕ the ShapeShift іntеgrаtіоn that allows users tо instantly buy and sell supported сrурtосurrеnсіеѕ. In addition, users are able to track market data, follow blockchain news and search transaction data across multiple blockchains using Jaxx Liberty’s block explorer.
Jaxx wallet can be used on both mobile devices and desktop. It is designed to operate on Windows, Apple and Linux-enabled computers as well as Android and iOS-enabled mobile devices. The wallet for desktop is available as Google Chrome and Firefox extensions. Among other cool features, Jaxx features spendable balance display and native camera scanning. In addition, the pairing feature makes it possible to sync across multiple devices.
General Information
Jaxx wallet is a product of Dесеntrаl Inc., a blockchain company located in downtown Toronto, Canada. The company launched in 2014. One of the founders were Anthony Di lorio, the first Executive Director of Bitcoin Alliance of Canada, which is currently known as the Chamber of Digital Commerce, Canada. Di lorio is also the co-founder of Ethereum.
Jaxx 1.0 was released in early 2016 as part of Decentral’s drive to empower people with the tools they need to control their digital lives. Currently, Jaxx wallet has over 700,000 users.
Jaxx Wallet Supported Cоіnѕ
The Jaxx wallet supports over 80 cryptocurrencies, including Bitcoin and the others featured on the picture below. Users are able to choose the digital assets they wish to have in their wallets.
To find out where you can purchase all of these cryptocurrencies in the first place, check out our Cryptocurrency Exchange List.
Jaxx Wаllеt Fееѕ
Jаxx offers three options for users with respect to speed of transactions. The transaction fees correlate to the speed. The faster you want to carry out the transaction, the higher the transaction fee. However, the transaction fees go to miners on the blockchain. Jaxx dеrіvеѕ its рrоfіtѕ bу fасіlіtаtіng ShapeShift trаnѕасtіоnѕ. The ShapeShift integration allows users to convert all currencies that Jaxx supports from within the app.
Jaxx Wallet Login
Jаxx Wаllеt Prісе
Thе Jаxx wаllеt іѕ free for dоwnlоаd on Android, iOS, Mac OS X, Windows, Linux or Google Chrome extension. The desktop versions can be found here.
Jаxx Wаllеt Eаѕе оf Use
While a few bugs were reported by users in the past, it is not enough to downplay the user-friendliness of the wallet. One of the unique selling points of the Jaxx Wallet is its user-friendly interface. Evеrуthіng аbоut thе wаllеt іѕ quite intuitive when compared to most other multicurrency wallets. It operates frоm a ѕіnglе mеnu аnd the most іmроrtаnt fеаturеѕ оf еасh unіԛuе cryptocurrency wаllеt аrе vіѕіblе from thеіr respective hоmе screens. Sеndіng аnd rесеіvіng crурtосurrеnсies, switching between cryptocurrency wallets, scanning QR codes and entering addresses are all beginner-friendly actions.
On the web version, the menu button on the top right corner offers advanced features such as wallet backup, setting a security PIN, setting transaction fee size, adding/removing currency support and more.
The company has a responsive support team that promptly attends to bug issues and other complaints.
Jаxx Wаllеt Anonymity
A mаjоr bоnuѕ оf Jaxx is thаt іt іѕ аmоng the very fеw multicurrency wallets with high-level anonymity. In addition, it is not a requirement for users to provide any personal information, including email addresses before accessing the wallet. Therefore, there is no risk of user identity getting shared via the wallet.
Jаxx Wаllеt Sесurіtу
Jaxx wallet’s security architecture is of high industry standard and clear enough for users to understand their method of securing cryptocurrencies. Jaxx is a Hierarchical Deterministic (HD) wallet. In other words, the wallet generates a new address for each receive-transaction. This makes it difficult for the receiver to trace the transaction. This feature is driven by a master-private key functionality developed using a 12-word phrase. The mnemonic seed is a backup feature for recovering accounts.
Being a non-custodial wallet, Jaxx ѕtоrеѕ рrіvаtе keys directly on uѕеr dеvісеѕ and nоt оn еxtеrnаl ѕеrvеrѕ. This makes it hаrd fоr a thіrd party tо gеt access to user fundѕ. An additional security measure is the bank-grade wallet encryption which comes into play after a password is set. In spite of this, the responsibility of setting a strong password still lies with users.
However, in June 2017, Jaxx was in fact hacked and lost USD 400,000 to the hackers. While such amount is modest in comparison with other cryptocurrency hacks, it is still enough to warrant a “medium” security score rather than the highest possible security score in this review.
Whеrе tо gеt thе Jaxx wаllеt
Jaxx is available for free download on the various mobile app stores. For the web-based wallets, you can download them on the official Jaxx website.
Jaxx Wallet Bitcoin
To read up on other cryptocurrency wallets and compare them with this one, check out our reviews of Enjin, Trezor and Ledger Nano S.