What is Jaxx Wallet?
Some difficulties emerge as cryptocurrencies continue to gain popularity among people from various backgrounds and locations. Hacks, crypto theft, exit scams, phony projects, crypto wallets, and other issues are just a few of the difficulties that members of the crypto community encounter. However, the article’s primary focus is on cryptocurrency wallets.
Many crypto investors and traders consider many factors when choosing crypto wallets to store their assets. The enormous wallets existing are all unique based on different factors. These factors include security, accessibility, simplicity, ease of setting up, etc. Some of these wallets encompass few qualities, while others focus on only one. However, Jaxx Wallet stands out uniquely out of all the numerous wallets.
Jaxx Wallet is a simple and basic crypto wallet launched in 2014 by Anthony Do Lorio. Anthony is one of EEthereum’sco-founders alongside Vitaliks Buterin. The Wallet is famous for its simplicity and ease of setting up. Also, Wallet has a very friendly user interface, contributing to its growth over the years.
The Wallet has few features but prides itself as one of the wallets whose primary focus is user’s privacy. If privacy is a thing for you when using a crypto wallet, then the Jaxx Wallet is for you.
Getting Started with Jaxx Wallet
As was already mentioned, “simplicity” is a word often associated with Jaxx Wallet. Compared to other wallets, setting up this one is one of the easiest tasks. Both desktop and mobile devices support The Wallet. It is accessible for desktop computers running Linux, Apple MacOS, and Microsoft Windows. Additionally, both Apple and Android users can access it. The procedures listed below describe how to install the Wallet on desktop and mobile devices;
Setting up on mobile
- 1. Download The Application: You must download the application from your device’s app store. The Wallet is available for Android and iPhone users. Log into your app store, search “xx Liberty Wallet, ” and install.
- 2. Open the Application: Once the app has been downloaded/installed, tap it to launch it. If the app launches, a “Terms of Service” notice will show up. After reading the terms of service, scroll down and click “I accept” to continue.
- 3. Choose Your Language: Jaxx Wallet app supports about eight languages. The supported languages include English, Chinese, Portuguese, French, Italian, etc. Select your preferred language and tap on “confirm” below the page.
- 4. Read the Tips: Next, you will be presented with crypto safety tips. These tips will show you how to thread carefully using their app for your crypto transactions. Read the safety tips carefully and checklist the “understand” button, and tap “continue” to proceed. Next, tap the “Get Started” button on the following page.
- 5. Get Started: After the process above, you either restore your existing Jaxx Wallet account or create a new one. If you have an existing wallet, tap on the “estore Interface” button and input your backup phrases. If you are creating a new wallet account, tap on the “et Started” button and back up your Wallet or skip the backup, and your new Wallet will be created and ready to use immediately. It is, however, advisable you back up your Wallet so you do not lose all your assets in case your mobile device is stolen or lost.
Setting up Jaxx Wallet on Desktop
Setting up Jaxx Wallet on a desktop is quite different from the process on mobile. Follow the steps below to set up on the desktop;
1. Download and Install the Software: To download the software, visit JJaxx’sofficial website download page. Please be sure you are on the official site. This is crucial because numerous fake websites that have cloned the Jaxx site’sInterface exist, intending to steal unsuspecting users’ crypto assets. When on the site, scroll down and click the “Desktop Version” button at the bottom of the page. Next, a new page will show different specifications for Windows, Linux and MacOS operating systems. Choose the one compatible with your desktop and start downloading.
2. Install the Software: Make sure you have downloaded the wallet software before you start the installation process. Find the zip file and click on it to start the installation process. Your screen will display instructions that will walk you through the installation process. Follow these directions, carefully reading each prompt as you go. Please wait a few minutes after starting the installation for the software to be successfully installed on your device.
3. Open the Wallet: If the last step above is completed, click the installed wallet software to open. Next, read through the “Terms of Service” notice and agree.
4. Select Your Language: Jaxx Wallet supports over six international languages. Choose your preferred language and proceed.
5. Read Through the Security Tips: Jaxx Wallet provides some security tips to help you interact with their wallet and crypto applications. Read through all the tips and continue the setup process.
6. Get Started: Click on the “et Started” button and wait some seconds for your new Wallet to be created. When the Wallet is successfully created, remember to back up the Wallet by writing down your 12-word backup phrases securely.
Important: Please write your 12-word Jaxx Wallet recovery backup phrases and save them in a place that no one else can access. This is crucial because anyone who has access to your Wallet could steal your whole crypto assets through backup phrases.
Cryptocurrencies & Assets Supported by Jaxx Wallet
Jaxx Wallet provides support for over 80 cryptocurrencies. These crypto assets cut across different blockchains and protocols. The supported assets can be sent, received, stored and swapped on the Wallet. The following table contains a full list of all the assets supported by Jaxx;
|3||Binance Coin (BNB)||✓||✓|
|4||Bitcoin Cash (BCH)||✓||✓|
|7||Ethereum Classic (ETC)||✓||✓|
|10||Rootstock Smart Bitcoin (RBTC)||✓||✓|
|13||Huobi Token (HT)||✓||✓|
|40||Enjin Coin (ENJ)||✓||✓|
|42||BOXX Token (BOXX)||✓||✓|
|44||iExec RLC (RLC)||✓||✓|
|63||MCI Coin (MCI)||✓||✓|
|66||Ripio Credit Network (RCN)||✓||✓|
|67||Swarm City (SWT)||✓||✓|
|68||Universal Cash (UCASH)||✓||✓|
|69||Unikoin Gold (UKG)||✓||✓|
|71||Winding Tree (LIF)||✓||✓|
|73||Basic Attention Token (BAT)||✓||✓|
Jaxx Wallet Keys and Security
Private keys or backup phrases play a vital role in the functionality of every cryptocurrency wallet. They serve as the lifeblood, granting access to your digital assets. Their significance lies in that if someone were to gain possession of your private keys, they would have unrestricted control over all your funds.
Hence, ensuring the utmost security and protection for your Wallet’s private keys or backup phrases becomes paramount. By safeguarding these essential components, you establish a robust barrier against potential threats and maintain complete control over your valuable cryptocurrencies. The following procedures will lead you on how to locate your Jaxx Wallet’s 12-word backup phrases on mobile and desktop;
1. Open your Jaxx Wallet
2. Tap on the three drop-down buttons at the top right corner of your screen
3. Tap on the “Security” button
4. Tap on “View Backup Phrases.”
5. Checklist the warning box and proceed.
After the last step above, your 12-word backup phrases will appear automatically.
Other Jaxx Wallet Features
Jaxx wallet is a crypto wallet with all the basic features of most crypto wallets. It can send, receive, and store crypto assets. That being said, the Wallet has other unique features that make it outstanding from other wallets. The special features include the following;
Real-Time Price Data: Jaxx Wallet offers a dynamic feature that directly updates users with real-time cryptocurrency price data on its platform. This invaluable resource equips various stakeholders within the crypto industry, including investors, traders, and speculators, with the accurate information to make well-informed decisions regarding their investments. By providing instant access to up-to-date market information, Jaxx Wallet ensures that users can stay on top of the ever-changing crypto landscape, empowering them to navigate the market and seize potential opportunities confidently.
In-App Crypto Purchase: Only some current crypto wallets allow users to buy crypto with multiple payment modes. Jaxx Wallet allows its users tochase crypto on their platform. Users can buy crypto using debit/credit cards, bank transfers, and Apple Pay. Buyers who purchased crypto with their cards or Apple Pay receive their coins instantly. At the same time, those who purchased bank transfers will wait for some hours for the transaction to clear.
Anonymity: Anonymity is considered Jaxx Wallet’s selling point. Crypto users who feel unsafe giving out too much of their details to wallets or crypto exchanges are welcome aboard to Jaxx Wallet. The Wallet doesn’t demand personal information, including email addresses while setting up mobile and desktop wallets. Also, Wallet doesn’t require users to do KYC to buy crypto on their platform.
Multi-Wallet: With its comprehensive functionality, Jaxx Wallet empowers users to seamlessly trade, send, and receive a wide array of crypto coins and tokens built on different protocols. This broad compatibility allows individuals to engage with various blockchain networks, expanding their investment possibilities and fostering greater financial flexibility.
Mulit-Chain Block Explorers: Jaxx Wallet goes above and beyond by integrating an array of multi-chain block explorers into its platform, enhancing the user experience and providing valuable insights into the supported coins and tokens. With these explorers at their disposal, users can delve into the intricate details of their transactions and explore the activities occurring on the respective blockchains.
Latest News: In addition to its features and functionalities, Jaxx Wallet takes user engagement to the next level by incorporating a dedicated section for the latest news in the ever-evolving crypto industry. This thoughtfully curated space is valuable, keeping users up-to-date with the most relevant and timely information shaping the cryptocurrency landscape.
Jaxx Wallet Usability and Support
Our interaction with Jaxx Wallet has revealed a user-friendly and intuitive interface that caters to seasoned crypto experts and newcomers. The simplicity of its design allows users to navigate through the Wallet’s features effortlessly, making the initial setup process a breeze with just a few clicks here and there.
Also, Including a dedicated support section within the Wallet demonstrates their commitment to ensuring a seamless user experience. This valuable resource serves as a knowledge hub, providing users with answers to common questions and solutions to potential problems.
By offering this support section, Jaxx Wallet empowers users to find assistance and troubleshoot any issues they may face, fostering a sense of reliability and trust.
While the support section is indeed beneficial, it is worth noting that Jaxx Wallet lacks explainer videos within the app. Explainer videos can be helpful, particularly for newcomers seeking guidance on using the Wallet effectively.
Jaxx Wallet Reputation and Popularity
Since its inception in 2014, Jaxx Wallet has garnered a loyal following, securing its place as a trusted and reliable platform in the crypto industry. The remarkable achievement of having over a million downloads of its mobile application spoke volumes about the widespread adoption and continued patronage the Wallet enjoys.
This significant milestone in the number of downloads highlights users’ growing interest and trust in Jaxx Wallet. It is a testament to the Wallet’s user-friendly interface, robust features, and dedication to providing a seamless user experience. The fact that the download count continues to rise demonstrates that Jaxx Wallet remains a go-to choice for individuals seeking a secure and convenient solution for managing their digital assets.
However, not just the impressive download numbers contribute to Jaxx Wallet’s reputation. One of the notable aspects of this Wallet is its exemplary track record regarding security and reliability. Unlike some wallets that have faced unfortunate incidents or controversies related to hacks or data breaches, Jaxx Wallet stands apart as a beacon of trust and stability. The absence of such instances surrounding Jaxx Wallet further strengthens its reputation, instilling user confidence.
Due to its simplicity, user-friendly interface, and emphasis on user privacy, Jaxx Wallet is a noteworthy cryptocurrency wallet that stands out from the competition. The Wallet is simple to set up on both desktop and mobile devices, and it supports a variety of crypto, making it a flexible choice for cryptocurrency enthusiasts.
Also, the Wallet’s additional features, such as real-time price data, in-app crypto purchase options, and multi-wallet support, provide added convenience and utility for users. Integrating multi-chain block explorers and a dedicated news section demonstrates Jaxx Wallet’s commitment to delivering a comprehensive user experience.
Jaxx Wallet Pros and Cons
The following table contains the Pros and Cons of Jaxx Wallet;
|Easy to Setup||Not available to users all over the world|
|Easy to use||Wallet too large for desktop|
|It is a reputable crypto wallet|