Jaxx Universal Cryptocurrency Wallet Review
Jaxx is a multi-platform Ethereum wallet providing a simple and intuitive interface for many altcoins. Jaxx is not a smart contract wallet.
Jaxx supports both ETH (Ethereum) and ETC (Ethereum Classic) and your private keys are never shared with Jaxx’s server. Instead, they are safely stored on your machine.
Type of Wallet
e-Wallet with multi-platform support
Included with Wallet
- Downloadable from site
Benefits
Jaxx Universal Cryptocurrency Wallet has numerous unique features.
- Local Keys – Keys are created on your local device, locked, and unavailable to other servers.
- Free Access – No verification is required to access a Jaxx account
- Easy Utility Methods -Easy-to-use UI that anyone of any experience can use.
- Supported Currencies – Support for some of the most popular cryptocurrencies.
- Jaxx asset liquidity – means your Jaxx assets are in high demand.
- Access Anywhere – all features on any device
Safety & Security
Jaxx implements strong security features, but it is a hot wallet so it only keeps enough coin to complete expected transactions. Store larger amounts elsewhere. Ideally, in a hardware wallet.
Jaxx includes 4 digit PIN (which isn’t much) and creates a 12-word backup phrase. Plus, you can set a password that encrypts your data. It does not include two-factor authentication or multi-signature support.
Usability
Jaxx excels at usability. It is accessible through most electronic devices, including, mobile phones and PCs.
Quick Guide
- Download the wallet from the Android or Apple store.
- Open the exe file & click the orange screen pop-up
- Click ‘Create New Wallet’
- That’s it, your wallet is ready to use
OS Compatibility
- Windows and apple
- Androids
- IOS
- Google Chrome
- Firefox extensions
Platform Compatibility
Multi-Platform Support
Coins Supported
- Bitcoin
- Ethereum
- Dash
- Ethereum classic
- DAO
- Litecoin
- Augur
- and more…
Reputation
The Jaxx Universal Cryptocurrency Wallet has had some issues with its safety reputation but is otherwise well-regarded. It has continued to address concerns and make improvements.
Customer support
I haven’t used their customer support and have heard little about it. What I did hear is par for the course.
Feedback
I’ve read several mixed reviews. This isn’t so unusual. Those frustrated tend to shout the loudest. That said, the above-mentioned security issues are worth noting.
I have also read favorable reviews. Stating the individuals were pleased with the service.
Costs
Price
The Jaxx app is Free to download through Apple and Android mobile stores and on the Jaxx site.
Fees
Jaxx doesn’t charge you a fee, but the network will apply fees. The fees are determined automatically and applied by the cryptocurrency trading networks you use.
Final Verdict
GOOD
Jaxx is a great permissionless wallet with full control of its funds. It’s a unique platform with various beneficial features and improved security.
So what’s the verdict? I give it a GOOD. It will be a valuable resource to those more casually shopping-oriented users.
Anyway, I may have a bit of a bias on this one. Let me know what you think below.
