Jaxx Multi-currency Wallet | Jaxx Wallet Review 2019 | Pros & Cons

Anisa Batabyal
| 21 May, 2019 | 2 min

Jaxx is one of the multicurrency wallets that became increasingly popular over the years. Jaxx was created by Decentral, a leading Canadian blockchain company in 2014 by Anthony Di lorio, who was an Ethereum co-founder as well. Last year in July, the upgraded Jaxx Liberty was released, with the aim to make Jaxx even stronger. Jaxx has always been keen on emphasizing and rebuilding on the user experience, hence has a simple blockchain and it attracts the masses with its unique value proposition.

Jaxx Liberty is the 2.0 version for the cryptocurrency wallets, which can hold more than 85 digital tokens. It has been innovated and gamified to enable the new users to experience the blockchain easily. Jaxx wallet is integrated with ShapeShift, enabling the users to switch easily between different cryptocurrencies with no delays or exchange fees. Jaxx charges a basic fee of 0.000441, as per Jaxx wallet fees.


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Let’s check Jaxx wallet reviews 2019:

Jaxx Liberty Wallet Additional Features

#1 Dashboard is unified

You can get to see all your holdings and transactions in a single place, which gives a broad spectrum view on a single platform.

#2 Portfolio Module

With the help of the portfolio module, you can track the value of your holdings in real time.

#3 News viewer

Blockchain news viewer has been integrated into the wallet wherein you can keep up with the new developments and news from the cryptocurrency world.

#4 Market Data

You can get price trends and marketcap related information with a click or a tap.

#5 Blockexplorers

You can interact directly with the blockchain and check out the transaction data for multiple blockchains.

#6 Cross Platform

Jaxx supports on both mobile and desktop platforms and lets you interact with your crypto assets.

#7 ShapeShift

As it is integrated with ShapeShift, you need not leave your wallet tab for other exchange pages, which increases both security and convenience.

Jaxx Wallet Downloads

You can download Jaxx Liberty without having to shed any penny. For desktop version- Windows, Mac, and Linux are available and even chrome extension directly from the website. For Mobile, you can download the Android version from Google Play store and iOS from Apple store. You don’t have to provide any personal information once you download the wallet.

Jaxx Security

Previously, before Jaxx Liberty was released Jaxx couldn’t be considered as a fully secured wallet. But now that they improvised both PIN protection and password and a 12-word seed which is encrypted in the device. Jaxx would never have access to the seed, so they are secured on your device. You can even sync with multiple devices if you want. You must have a backup of the passphrase. Jaxx wallet uses AES-256 encryption enhanced by 5000 rounds of PBKDF2 password hashing. (Jaxx Liberty vs Jaxx)

Although it's not an open source, they make the code viewable, except for the code with the UI. So, the code can be audited and kept away from carelessly using the code at the same time.

Which One Is Better? Mobile Or Desktop

Before, the mobile app used to be slow and had some bugs leading to repetitive transactions, which came as a common complaint from many users. But after the release of Jaxx Liberty, most of the issues were resolved. Both the mobile and desktop versions are equally good, and you can use both of them since they can be synced, which helps in better access to your funds. You can even create a paper wallet.

Supported Cryptocurrencies

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Dash
  • Dogecoin

And 40 other crypto assets

Pros:

  • Great accessibility with a user-friendly interface
  • Supports the largest cryptocurrency with compatibility towards all platforms
  • Ideal for beginners

Cons:

  • Lack of 2-factor authentication

Click here to download Jaxx wallet APK for Android

Conclusion

Jaxx Liberty developers aim to make a crypto wallet that unlocks every aspect of cryptocurrency and since 2.0 version, Jaxx has been growing enormously. A good interface and design, with a strong roadmap, is what makes it unique. Jaxx Liberty wallet can set a standard for other cryptocurrency wallets in the near future given their strong community and product.

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