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Jaxx Wallet Review: The Best Choice for Your Crypto Assets?
The Jaxx Liberty Wallet is a premier cryptocurrency wallet app available in mobile and desktop versions. It offers native support for over 80 different cryptocurrency assets with third-party support for even more. The Jaxx Liberty Wallet was originally called the Jaxx Wallet, or Jaxx Classic Wallet, before its current version, and was created by Toronto based blockchain company Decentral. Decentral was founded in 2014 by Anthony Di Iorio, who funded and co-founded Ethereum. The Jaxx Liberty Wallet is now used by millions. Our Jaxx Wallet review will help you decide if it’s right for you.
Update: The Jaxx Liberty Wallet team has stopped releasing updates so we’ve had to stop recommending the wallet for the time being. In its place we’d suggest either Exodus or Atomic for anyone looking for a software cryptocurrency wallet.
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Meet Our Reviewing Team
Pros & Cons
Pros
Support for face-scan and fingerprint security on mobile
Up to date blockchain news available on app
80+ crypto assets supported within the app
12-word recovery phrase in case of lost or stolen device
Ability to purchase cryptocurrency in wallet
Cons
Must already own crypto assets to use wallet
Not ideal for beginners
Cannot make cryptocurrency purchases within wallet
No hardware wallet support
Beginner Perspective of the Atomic Wallet
The Jaxx Liberty Wallet is easy to use, but due to its inability to allow users to purchase crypto assets directly through the app using their own fiat, it is not the best wallet for beginners. This is in contrast to the Atomic Wallet, which allows the user to purchase crypto assets within the app using their bank card. However, if a user has already purchased crypto assets through a centralized or decentralized exchange, the Jaxx Liberty Wallet has an easy to use interface that is user-friendly. In conjunction with its ease of use, the built-in blockchain explorer, portfolio, market data, and current blockchain news allows the wallet’s users to be more informed of the current state of the cryptocurrency market than other wallets. The Jaxx Liberty Wallet is more suited to intermediate crypto users.
Best Features
The best features of the Jaxx Wallet are that it is a free app, it has a built-in blockchain explorer, contains up to date market data, provides ShapeShift for exchanging assets, supports over 80 cryptocurrencies, contains current blockchain and crypto news, and has a portfolio view for looking at your digital assets.
The wallet is free to use and supports a wide-range of platforms, while offering password security with a 12-word recovery phrase as backup should your device be lost or stolen. Providing users with the ability to truly track the market, read news, and explore the blockchain within the app, the Jaxx Liberty Wallet fosters a high level of awareness of the current market without forcing users to leave the app.
Cryptocurrencies Supported
Over 80 crypto assets and tokens are supported by the Jaxx Liberty Wallet including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- OmiseGO (OMG)
- NEO (NEO)
- Dogecoin (DOGE)
- Ethereum Classic (ETC)
- Dash (DASH)
- Zcash (ZEC)
- Brave Attention Token (BAT)
- Chainlink (LINK)
Security
Jaxx Wallet requires a user-created password. This password gives access to the wallet, and the mobile app supports face and fingerprint scanning. Backing up the user created password is a randomly generated 12-word backup phrase the industry standard for regaining access to the wallet if your device is lost or stolen. All data stored on the users’ device or sent when making a transaction is fully encrypted. Jaxx Liberty Wallet is a non-custodial blockchain wallet, meaning you own the private keys, and they are encrypted on the users’ device. Jaxx has no access to, or knowledge of your assets or keys.
Supported Operating Systems
The Jaxx Wallet is available for almost every platform including Windows, MacOS and Linux. It even includes support for a number of Linux distributions including Debian, Fedora, and Ubuntu. Android and iOS versions are available on the Google Play Store and the App Store.
Potential Dealbreakers
The main downsides of the Jaxx Liberty Wallet are that it does not support as many crypto assets and tokens as other wallets, users cannot purchase assets directly through the app using fiat, and support is only available through email and social media contact.
Because the Jaxx Liberty Wallet supports limited crypto assets, depending on the diversity of your cryptocurrency, you may find other wallets, such as Exodus to be more appealing.
Jaxx Liberty Frequently Asked Questions
Yes, Jaxx Liberty is safe for storing cryptocurrency assets and tokens. User accounts are password protected and encrypted on their devices.
Yes, Jaxx is decentralized. Jaxx Liberty Wallet is a non-custodial blockchain wallet, which means you own the keys. Jaxx respects your privacy has no knowledge of your personal information.
Jaxx Liberty currently supports over 80 crypto assets and tokens.
Jaxx Liberty on mobile devices, whether Android or iOS, offers the same features which are available on the desktop version of the app. However, mobile versions support face and fingerprint scanning which are unavailable for desktop versions.
Yes, Jaxx Liberty Wallet is free to download.
Yes, the Google Chrome extension version of the Jaxx Liberty Wallet is secure. As with desktop and mobile versions, the extension still has password protection with a 12-word recovery phrase for backup, and your private keys are still stored on your device.
No, Jaxx Liberty Wallet does not offer hardware support at this time.
