Jaxx Wallet Review – An All Around Bitcoin Wallet

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I recently reviewed the best Ethereum wallets around and came accross Jaxx – an independent Bitcoin wallet that’s available for most devices (Windows, Apple and Linux desktop, Android and iOS mobile and tablet, and Google Chrome and Firefox extensions.)

Today I would like to take a deeper look at Jaxx and see how it compares to other successful desktop wallets. For this review I downloaded the Mac OS desktop version and the iOS version.

Spoiler alert – I was pretty impressed.

The design is great, the user interface is amazing

The first thing I’ve noticed about Jaxx is the design. The wallet uses beautiful, minimalist black screens that bring simplicity to the user. However that’s not what got me sold on the wallet. What was truly amazing in my opinion was the simple interface.

jaxx bitcoin wallet

Even if you’re a complete newbie you’ll probably manage to use Jaxx without a lot of trouble. The setup is pretty simple and the ongoing use is limited to the basics such as “send” / “receive” and changing the currency type.

With Bitcoin and cryptocurrencies being such a technical subject we really need this type of products that don’t scare the user away.

However, the fact that the interface is minimal doesn’t mean that Jaxx doesn’t supply the user with advanced features. Once you click the “menu” button (top right) you get all sort of advanced features including:

  • Adding / removing different currency support
  • Using different exchange rates
  • Setting up transaction fee size for faster / slower confirmations (see image below)
  • Displaying the private key of the wallet
  • Wallet backup
  • Importing funds from a paper wallet
  • Setting a security PIN

These options probably cover most, if not all, of the features I usually look for in a wallet. Also, each feature comes with a small tool tip that explains more about it so you don’t have to go searching the web for explanations.

jaxx bitcoin wallet

Altcoin support available for most major coins

Jaxx is not just a Bitcoin wallet, it also support a lot of other major altcoins including:  Ethereum (ETH and ETC), Dash, Augur (REP), Litecoin (LTC), Zcash (ZEC) and RSK.

Adding or removing a currency takes only two clicks – Go to “menu” -> “Wallets” and choose which currencies you’d like to have on your Jaxx wallet.

jaxx altcoins

ShapeShift integration is a game changer

One of the more important features Jaxx has that’s not available in other wallets is a built in integration with ShapeShift. ShapeShift is an exchange service for converting between blockchain tokens and coins. ShapeShift has been integrated directly into Jaxx to allow for in-app conversion between all currencies Jaxx supports. Here’s a one minute explanation about how ShapeShift works:

This means you can exchange Bitcoin for ETH, for example, from within the app. In order to do so just click the fox icon within the app (see below) and decide what and how much you want to exchange.

Jaxx shapeshift

Some additional thoughts about Jaxx

One of the downsides of Jaxx is that it’s not open source. However, the developers made the source code freely available for anyone who’s looking to review it on the wallet’s homepage. Support for the wallet is done via a ticketing system and there is a robust FAQ page in order to solve issues on your own.

I’ve also tried to look for reviews online regarding Jaxx. I did found several people who had issues with the wallet in the past. However I couldn’t find anything negative from the last 3 months. I also found some pretty positive reviews about the wallet so I guess it’s a personal matter.

Should you use Jaxx?

I’ve previously reviewed Exodus, a great desktop wallet in my opinion, and I have to say I think Exodus has found its match. Jaxx is an amazing piece of software, and unlike Exodus it’s available across the board for mobile and desktop alike.

Having said that, the company is still young (only a year and a half old I think). Add the fact that Jaxx is a hot wallet and you come to the conclusion that it’s not wise to keep a large amount of coins on it. This is not necessarily something to do with Jaxx, it’s just a basic security measure – never keep a large amount of coins on a hot wallet. For large amounts always use a hardware wallet (i.e. TREZOR, Ledger), but for smaller “day to day” amounts Jaxx is an excellent choice in my book.

 

Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

Jaxx

Free
Jaxx
8.975

Design

9/10

    Ease of use

    10/10

      Reputation

      8/10

        Functionality

        9/10

          Pros

          • Great Design
          • Intuitive interface
          • Multiple altcoins supported
          • Multiple platform support

          Cons

          • Not open source
          • Relatively young company

          11 Comments

          1. ofir, do you know any legit online investments that really pay. I hate all this ponzi scheme and betting.

          2. Design

            9.1

            Ease of use

            9.2

            Reputation

            4.7

            Functionality

            6.7

            Just my two cents on JAXX, I had been using it for about 5 months, and recently went back to Coinbase and Cryptonator for hot wallets. The main reasons are 1) a sync issue between wallets (e.g., currency received showing on the mobile app, which was first install, but not being reflected on the desktop app) and 2) the fact that one of the altcoins is broken and does not receive coins. To their credit, they acknowledged the second point as a bug and have been working towards a fix, but only in the FAQ’s, while meanwhile the altcoins received to that wallet are not accessable and potentially lost. Other than that, it is an amazing wallet and if you are aware of and ok with those two issues, they I would suggest it as well.

            • Zsofia - 99Bitcoins support on

              Thanks Steve for the feedback, especially that you mentioned the altcoins part, this is very useful for everyone.

          3. Adil Siddiqui on

            Thanks for the great review Ofir. Jaxx doesn’t show up currencies i mined or added from the faucet. there were occasions i added about 10k litoshis twice but its been 2 weeks now and nothing appears in the wallet.

          4. robert manni on

            havnt been looking for another hard wallet, i did ,,,based on your report and review purchase 2 nano s..
            i like the idea but still have not figured it out…

          5. Hello there I love the jaxx while also I have it installed on my PC and iPhone with the same seed however yesterday the Jaxx wallet would not open on my iPhone I got a blank screen I even reset my iPhone and got the same issue I finally had to uninstall it and reinstall it again on the iPhone and enter my seed and now it works again I’m wondering if anybody else had this issue on the iPhone

            • On Android, I’ve been using it for a few days, and I’ve seen it take a very long time to load (maybe as long as a minute?), presenting a blank screen and giving the impression it was dead. It did eventually open.

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