Wallets for cryptocurrencies are not common wallets but in practice they are essential for buying and selling cryptocurrencies. Without a wallet it will therefore be impossible sell and buy their own virtual currencies. After seeing some wallets in the past few weeks, today we will see together an interesting new wallet known as Jaxx Wallet.
Before we leave with the introductions we can tell you what the next portfolio is multiplatform and supports a large number of cryptocurrencies. In a few lines we will understand if this wallet is right for us or not. Furthermore, we will also see the features, strengths and weaknesses of this crypto wallet.
What is Jaxx wallet
Jaxx Wallet is one of the best known crypto wallets currently available on the market.
It is compatible with several cryptovalute, therefore, if you are looking for a wallet that allows you to operate with multiple cryptocurrencies this is the right choice for you.
In addition, this wallet is also suitable for the trading and is available for Linux, Windows, Mac PCs and also for Android and iOS smartphones.
In addition to these versions, it is also possible to download the extension for Chrome in order to have a lighter version of the wallet in question.
How Jaxx wallet works
For this Jaxx Wallet no registration is required to start trading with your crypto.
In practice, the various applications available for PC, Android and iOS smartphones are ready to use.
While this wallet allows anonymity it is still one of the safest around.
In the initial phase you can create your own wallet following the default settings or customize it to your liking.
Jaxx Wallet is one of the crypto wallets that can support a large number of cryptocurrencies.
The wallet in question supports up to 80 cripto at the same time. Among the most common we find Bitcoin, Ethereum, ZCash, Doge, BAT, Ripple, Golem, Litecoin, Dash and others.
the wallet Jaxx Wallet has a very interesting function. In practice, thanks to the ShapeShift platform it will be possible to exchange currencies without necessarily having to own multiple wallets.
An extremely useful feature especially for those operating in the cryptocurrency trading market.
The main features of Jaxx Wallet are as follows:
- Ownership of the keys: the wallet in question uses a Master Password with 12, useful words to better protect your account. In practice, only you can access the Wallet because the Master Password is secret and encrypted.
- Blockchain Projects: Jaxx supports the management of the blockchain in a simple and intuitive way. It is possible to join new sales contracts, blockchains and much more.
- Conversion: converting from one cryptocurrency to another is really child’s play and completely safe. All this is done in total safety by simply entering the amount and the crypto to be changed.
Advantages and disadvantages
Among the advantages we certainly find the fact that this Jaxx Wallet allows you to manage multiple crypto at the same time.
Furthermore, it is multiplatform, this means that it can also be managed and used on your smartphone, tablet or PC.
It is definitely a choice among the best if you are a beginner and want to try your hand in the world of crypto. The interface is in fact simple and intuitive.
Another point in Jaxx’s favor is the ability to exchange crypto directly from the platform without using external services.
The only drawback we have to point out is the inability to transfer funds to your bank account.
Jaxx Wallet security
The safety it is certainly not at home for Jaxx Wallet. Many attackers have managed to steal data from various accounts, this is because no registration is required. Even if only one case of violation has been recorded on a jailbroken iPhone, the lack of certain security criteria means that this wallet is to be monitored.
What we recommend is to equip yourself with a good antivirus program to avoid hacker attacks on all the devices you will use with Jaxx Wallet.
In conclusion, if you are interested in choosing this wallet, follow our guidelines to avoid the theft of your account.
The advice, in addition to that of a good antivirus is to use one strong password and a PIN that is not easily recognizable.
So here we are at the end of this guide. Generally, Jaxx Wallet is the wallet par excellence for anyone with the desire to manage multiple cryptocurrencies at the same time.
The support for the various crypto is really interesting, in fact, with Jaxx Wallet it is possible to add Bitcoin, Litecoin, Ethereum, Bitcoin Cash but also some less known cryptocurrencies. Among these we find Unicorn Gold, Gnosis e Storm.
However, it is good to be very careful about the security of the devices on which you will install this wallet.
The wallet in question is also very simple to use even for the less experienced in the sector.
In short, this wallet has all the credentials to be one of the best multi-currency wallets in the world of cryptocurrencies.
Categories: Digital Economy