Reliable Storage of Cryptocurrencies – Jaxxify Wallet Review
The Jaxx Wallet, created by Decentral in 2016, is a robust tool designed to store a wide array of cryptocurrencies. Initially supporting around 10 cryptocurrencies, Jaxx now accommodates nearly a hundred, with this number increasing each year. This wallet is renowned for its security, featuring backup capabilities, PIN code protection, and a private key system.
The Jaxx Wallet is free to use, allowing users to store assets, directly exchange them through its integration with ShapeShift, and send them to external addresses. The developers continuously enhance the software and add support for new cryptocurrencies. The platform boasts 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 garnered significant trust among crypto holders, offering four key features:
- Cross-Platform Compatibility: Jaxx storage is supported on a variety of devices, with the primary version intended for desktop PCs or laptops. There is also a dedicated mobile app and a browser extension for Google Chrome.
- 12-Word Seed Phrase: This feature enhances security by enabling access restoration if passwords are lost.
- Integrated ShapeShift Service: This allows for precise and swift conversions within the crypto wallet.
- Multicurrency Support: Jaxx handles over 80 different cryptocurrencies, including top currencies like Ethereum, Bitcoin, Ethereum Classic, and Bitcoin Cash, as well as other coins like Dash, EOS, and Litecoin. Rare altcoins such as Wings, Storm, Cofound.it, and Viberate are also supported.
Jaxxify Wallet Security
With the rising popularity of cryptocurrencies, developers are continually improving the security of digital wallets. Jaxx developers have incorporated best practices from the cryptocurrency field, including:
- PIN Code Protection: Required to confirm transactions or conversions.
- Seed Phrase: Used to access storage accounts if passwords are lost.
- User-Controlled Keys: The keys are held only by the user, ensuring maximum security.
Advantages of the Jaxxify Wallet
The main benefits of the Jaxxify wallet include:
- Exceptional Security: Features private keys and PIN code protection.
- Access Restoration: Using a seed phrase.
- Open Source Code: Allows anyone to contribute to wallet improvements.
- Excellent Design: Featuring a user-friendly interface with a sleek, dark theme.
- 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.
The Jaxxify project stands out as a progressive, popular multi-currency storage solution. It has built an excellent reputation across various areas, offering versatility in managing, storing, and converting crypto assets. Its user-friendly design, strong security measures, and extensive currency support make it a reliable choice for cryptocurrency enthusiasts.