The Jaxx Liberty wallet caters to cryptocurrency users who prioritize privacy and security in their transactions. However, individuals seeking additional features such as NFT management may need to explore other wallet options.
Pros Explained
- 1. The wallet features an intuitive interface and quick setup process, allowing users to configure their wallet in just a few minutes by storing a 12-word recovery phrase.
- 2. Jaxx Liberty employs a hierarchical deterministic system that generates a new wallet address for each transaction, enhancing the anonymity and security of user identities.
- 3. A secure support channel is built into the app, offering assistance via an internal ticket system and email, which helps minimize the chance of falling victim to scams.
- 4. Through integrations with partners like Simplex and Changelly, users can conveniently buy and swap cryptocurrencies directly within the wallet interface.
Cons Explained
- 1. Jaxx Wallet offers access to a smaller range of cryptocurrencies, supporting just 82 assets — fewer than many competing wallets.
- 2. The platform does not include a staking feature, which means users are unable to earn passive income by staking their crypto holdings.
- 3. NFT functionality is not natively supported, as the wallet emphasizes security, which limits compatibility with NFTs, dApps, and decentralized exchanges.
- 4. Keeping large crypto balances in the wallet is discouraged due to possible security threats — even the most trusted software hot wallets remain vulnerable to methods like cryptojacking or social engineering. For better protection, it's recommended to use cold storage for holding substantial assets.
Jaxx Wallet is built with simplicity in mind, offering a streamlined experience across a wide range of platforms. Unlike some wallets that support an extensive variety of blockchains and NFTs, Jaxx focuses on core functionality. The app is compatible with Windows, macOS, Linux, Android, iOS devices, and Chrome-based browser extensions.
Getting started is easy: users can set up a Jaxx Wallet on any supported device and move it to another by using either a 12-word recovery phrase or a QR code. This cross-platform flexibility allows for smooth management of digital assets. The wallet supports over 80 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, MCO (Crypto.com), and Binance Coin (BNB).
While Jaxx Wallet delivers a user-friendly experience, it does come with some limitations. It does not support crypto staking, meaning users cannot earn interest on their holdings through the app — and there are no announced plans to add this feature. Additionally, although the wallet can store NFTs, it does not offer direct tools for managing them within the interface.
Top 5 Supported Cryptocurrencies:
- 1. Bitcoin
- 2. Ethereum
- 3. Litecoin
- 4. Binance BSC Coin
- 5. XRP
Like other decentralized, non-custodial wallets, Jaxx Wallet prioritizes user privacy by refraining from storing personal data or granting developers access to wallet contents or balance details. The 12-word recovery phrase created during setup serves as the sole method of securing and restoring access to the wallet.
To move a wallet to another device, users must use either the recovery phrase or a QR code, ensuring they maintain full ownership and control of their digital assets. Because Jaxx Wallet does not implement KYC checks or collect user data, it significantly reduces the risk of centralized data breaches.
However, even with its strong security foundation, Jaxx Wallet—like all decentralized wallets—is not immune to threats such as cryptojacking and social engineering. Visiting malicious websites or disclosing recovery phrases to bad actors can result in compromised wallets. For maximum protection, users should never share their 12-word phrase under any circumstances. It's important to remember that Jaxx support will never ask for this phrase, even during troubleshooting.
Jaxx Liberty places strong emphasis on privacy and user anonymity. As a decentralized, non-custodial wallet, it avoids collecting or tracking any user data. Unlike custodial wallets typically used on centralized exchanges, Jaxx Liberty does not store passwords or information related to wallet contents. Because of this, it's essential for users to securely save both their chosen password and the 12-word recovery phrase — losing either may result in irreversible loss of wallet access.
To further protect user identities, the wallet leverages a hierarchical deterministic (HD) system, assigning a unique address to each cryptocurrency and generating a new one after every incoming transaction. This ensures greater anonymity for users. Moreover, users can enable or disable specific wallets within the app depending on which cryptocurrencies they currently use.
For example, someone wishing to use Bitcoin while temporarily avoiding Ethereum can deactivate the Ethereum wallet and reactivate it later as needed. Although Jaxx Liberty doesn’t require KYC (Know Your Customer) verification for wallet access, purchasing cryptocurrency through integrated services like Simplex may still require users to provide personal information to the external provider.
The setup procedure for Jaxx Liberty is simple and consistent across all supported devices. To get started, users should download the application from the official Jaxx Liberty website (for desktop use), the Apple App Store (for iOS), or the Google Play Store (for Android). Once the app is installed, users must review and accept the terms of service before proceeding to either create a new wallet or restore an existing one.
To reconnect a previously used wallet, users can choose the "Restore Interface" function and enter their secret backup phrase or scan the corresponding QR code. When creating a new wallet, the user will be guided to note down their unique 12-word recovery phrase, displayed in groups of four, and confirm it to secure access across devices. Users also have the option to set up a password for enhanced protection against unauthorized access.
The Jaxx Liberty wallet is designed to be accessible and works seamlessly on multiple platforms, including Windows, Linux, and macOS devices (with Apple silicon). It’s also available as a Chrome browser extension and as a mobile application for both Android and iOS users.
Desktop
The Jaxx Liberty desktop app works with Windows systems starting from Windows 8 and supports Linux distributions such as Ubuntu 12.04, Fedora 21, and Debian 8 or newer. Currently, there is no dedicated macOS version. However, Mac devices equipped with Apple silicon chips are capable of running the iOS version of the application. Older Mac models with Intel processors, on the other hand, are not compatible with iOS-based apps. For verification purposes, users can validate the integrity of the downloaded software by checking its checksum against the official one provided on the Jaxx Liberty website.
Mobile App
Jaxx Liberty also offers a mobile application for both Android and Apple iOS devices. The app is generally well-received by users, although there have been some concerns about delays in resolving support issues and occasional difficulties when sending or receiving cryptocurrencies. These complications may result in error messages if transactions are not carried out properly.
To enhance user security and prevent scams, Jaxx Liberty has centralized its customer service within the wallet apps. Users can access the help bot by clicking the "Help" button located at the top-right corner of the screen. The bot provides answers to frequently asked questions and directs users to submit a ticket if their issue is not addressed in the self-help system.
All issues are resolved through the ticket system via email, as there is no live chat option for immediate assistance. Additionally, users can seek assistance or ask questions about Jaxx Liberty on Reddit. However, it is important to note that the Reddit channel is not moderated. Jaxx Liberty staff members on Reddit have their roles protected, and their answers are identified by a blue checkmark next to their username.
There are no fees associated with downloading or using Jaxx Liberty as a cryptocurrency wallet. However, when sending digital assets, users will be required to pay network transaction fees, which vary depending on current blockchain activity levels.
Additionally, those purchasing cryptocurrency using a credit card through the third-party service provider Simplex will encounter additional charges. These typically range from 3.5% to 5%, with a minimum fee of $10 per transaction.
Final Decision
In summary, the Jaxx Liberty wallet is a solid option for individuals seeking a secure, non-custodial solution that places strong emphasis on privacy. Its hierarchical deterministic system ensures that a new wallet address is created for each incoming transaction, giving users more privacy and control over their identity in both online and offline interactions. The use of a secret 12-word recovery phrase provides added protection and flexibility across multiple devices.
While the wallet shines in terms of security and decentralization, it may not satisfy the needs of advanced crypto users. The limited number of supported coins, absence of NFT management, lack of hardware wallet integration, and minimal support for decentralized applications (dApps) make Jaxx Liberty more suitable for storing, sending, and receiving cryptocurrencies — rather than for full-scale crypto portfolio management./p>
Before getting involved in cryptocurrency storage or transactions, it’s essential to choose a reliable and secure crypto wallet. To help users make an informed decision, we conducted an in-depth analysis of the top-performing cryptocurrency software wallets available on the market.
Our assessment relied on a data-driven rating system that evaluated critical aspects such as security, transaction fees, privacy, user experience, customer service, and available features — each weighted by its overall importance. The research team gathered over 40 unique data points and performed detailed investigations into 19 different wallet providers. Afterward, our expert writers tested each platform to deliver comprehensive, experience-based evaluations.
Wallets that demonstrated strong security protocols and earned trustworthy reputations were given higher rankings. Additional points were awarded to wallets offering broad asset support, hardware wallet compatibility, and flexible fee settings — all contributing factors in identifying the most capable and user-focused solutions.