The Jaxx Wallet, developed by Decentral in 2016, is a powerful tool designed to store a diverse range of cryptocurrencies. Initially supporting around ten digital currencies, Jaxx now supports nearly a hundred, with this number increasing annually. The wallet is renowned for its security, offering features like backup options, PIN code protection, and a private key system.
The Jaxx Wallet is free and allows users to store assets, exchange them directly thanks to ShapeShift integration, and send them to external addresses. The developers continually work on enhancing the software and adding new cryptocurrencies. The platform features an intuitive interface, making it easy to configure settings, add new coins, and set transaction fees. There are no commissions for deposits and withdrawals; users only pay for blockchain network services.
Jaxxify Features
The Jaxxify cryptocurrency wallet has earned significant trust from cryptocurrency holders, offering four standout features:
- Cross-Platform Compatibility: Jaxx storage is supported on various devices, with the primary version for desktop PCs or laptops. There is also a dedicated mobile app and a browser extension for Google Chrome.
- 12-Word Seed Phrase: Enhances security by allowing access restoration if passwords are lost.
- Integrated ShapeShift Service: Enables precise and fast conversions within the crypto wallet.
- Multicurrency Support: Jaxx supports over 80 different cryptocurrencies, including major ones like Ethereum, Bitcoin, Ethereum Classic, and Bitcoin Cash, as well as others like Dash, EOS, and Litecoin. It also supports rare altcoins such as Wings, Storm, Cofound.it, and Viberate.
Jaxxify Wallet Security
With the growing popularity of cryptocurrencies, developers continuously improve the security of digital wallets. Jaxx developers have integrated best practices from the cryptocurrency field, including:
- PIN Code Protection: Required to confirm transactions or conversions.
- Seed Phrase: Used to regain access to storage accounts if passwords are lost.
- User-Controlled Keys: Ensuring maximum security by keeping the keys only with the user.
Advantages of the Jaxxify Wallet
The key benefits of the Jaxxify wallet include:
- Exceptional Security: Features like private keys and PIN code protection.
- Access Restoration: Using a seed phrase.
- Open Source Code: Allows anyone to contribute to the wallet’s improvement.
- User-Friendly Design: Featuring a sleek, dark-themed interface.
- Multicurrency Support: Handles over 80 different cryptocurrencies.
- Cross-Platform Compatibility: Convenient use across various devices.
- ShapeShift API Integration: Enables instant conversion of supported crypto assets.
Final Thoughts
The Jaxxify project is a forward-thinking and popular multi-currency storage solution. It has established an excellent reputation across various areas, offering versatility in managing, storing, and converting crypto assets. Its user-friendly design, robust security measures, and extensive currency support make it a reliable choice for cryptocurrency enthusiasts.