Jaxx Liberty Wallet – An Easy to Follow Guide for New Users

Jaxx Liberty is one of the world’s most popular cryptocurrency wallets. This wallet earned a reputation as an industry leader through a combination of excellent service and pioneering new technologies. Currently, Jaxx Liberty has over one million active users. It’s regarded as one of the best options for new users due to its combination of features and overall simplistic design. 

The developers behind the Jaxx Liberty project sought to create more than just a wallet. They desired to create a platform that unlocks every aspect of cryptocurrency for the average user. To this extent, they went to great lengths to remove all technical barriers.

The Jaxx Liberty wallet features a plethora of features. Specifically, you can take advantage of the built-in exchange, portfolio tracker, crypto news outlet, market data monitoring tools, and a block explorer. Few wallets can match this level of usability.

Benefits of Jaxx Liberty Wallet

Jaxx Liberty was built to simplify crypto investment and use. The platform features a well-designed interface that functions as a one-stop gateway to manage your digital assets. The layout is conducive to both new cryptocurrency users and experienced investors seeking a multicurrency option. 

  • More Currencies

The Jaxx Liberty platform is extremely versatile. Users can send and receive over 90+ different cryptocurrencies. This selection helped push Jaxx Liberty to the forefront as a wise option for altcoin traders.

  • Fully Featured

Jaxx Liberty users enjoy access to a variety of advanced trading tools. Users can track market data, follow blockchain news, and search transaction data across multiple blockchains directly from the interface. You can also check your balance, review your transaction history, and view detailed coin information with ease.

Impressively, you can check balances and transaction data across multiple blockchains. This system streamlines the most commonly used tasks. You can check out your asset balance, track individual coins and tokens, and follow value changes over the last hour, day, week, and month.

  • Customer Service

Jaxx Liberty is also known for its strong commitment to customer service. The company provides fast customer support via email or social media. The firm’s response time is good, and their staff is knowledgeable. 

How Does Jaxx Liberty Wallet Work

Importantly, Jaxx Liberty is a non-custodial wallet option. Non-custodial wallets are ideal because they never store your Private Keys. Instead, the system saves an encrypted version of your wallet seed on the device that the Jaxx Liberty dapp is installed on. 

Jaxx Liberty’s design allows users to instantly buy and sell supported digital assets without any prior technical knowledge. Users also gain access to powerful third-party platforms, including Changelly and Shapeshift.  This integration allows users to easily switch between different cryptocurrencies with no exchange fees or delays.

News Channel

There is also a news tab that keeps you up to date on all the most relevant crypto developments and happenings. The tab integrates a variety of reputable news sources to keep you in the loop. This is an excellent feature to incorporate because it increases the usability and overall value of the dapp. Users only need Jaxx to stay informed and interact with the blockchain community. 

Paper Wallet Feature

Jaxx Liberty has a useful paper wallet feature as well. You can create a paper wallet from your private keys. Paper wallets are one way that you can keep your Bitcoin stored safely offline. They are more popular with large investors. These investors are known to keep their Bitcoin on paper wallets distributed throughout various bank vaults.

Notably, it’s not the Bitcoins that are being printed out like regular currency. It’s the data stored in your wallet that gets printed out. This data includes your private and public keys. Your private keys are what allow you to send your Bitcoin to other addresses. Anyone with your private keys can access your Bitcoin. That’s why it’s important to keep your paper Bitcoin wallet safe and secure from threats.

History of Jaxx Liberty Wallet

The original Jaxx wallet entered the market as a decentralized multi-currency platform in 2014. Decentral created Jaxx. This firm is a leading Canadian blockchain company founded by Anthony Di Iorio. Di Iorio is also a co-founder of Ethereum.

The Canadian-based platform gained success quickly. Users found the layout to be friendly and the features to be robust. Developers sought to champion the decentralized movement by building a technology that empowers and creates wins for all. In this goal, they succeeded.

The firm suffered a hack in 2017, but in a somewhat twist of fate, most funds hacked came from one wallet. The hack was made possible after the users downloaded the wallet onto a compromised device. 

In July 2018, Jaxx upgraded its platform to the new and improved Jaxx Liberty protocol. This update marked the first major upgrade of the platform. Jaxx version 2.0 introduced more cryptocurrencies and a new interactive interface.

How to Get Jaxx Liberty Wallet

Jaxx Liberty is easy to find. It’s available for download on Android, iOS, Mac OS X, Windows, and Linux. There is even a Google Chrome extension. Best of all, the wallet is 100% free to download and fund. You will need to provide an email and password. You also need to set up a pin to protect against unauthorized withdrawals. 

From there, you are instructed to write down your 12-word backup phrase. Keenly, Jaxx never has access to this passphrase. If you lose this phrase, your coins will be lost forever. Keep your passphrase safe and never, under any circumstances, reveal this passcode to anyone you don’t want to have access to your Bitcoin.

Jaxx Liberty – The Right Combination of Features

Bitcoin live price
price change

Jaxx continues to gain popularity in the market due to its nice selection of features and smart layout. As one of the most popular wallets on the market, Jaxx has cemented its position as a pioneer and reputable service provider.

Stay up to date with our latest articles

More posts

LykaCoin – All-in-One Blockchain Ecosystem

LykaCoin is a multi-chain blockchain ecosystem similar to Polkadot and Avalanche but promising to be more competitive. Its goal is to add innovations, progressive views, and a different vision to the newly-built meta universe with the projects it will do and develop. Notably, it aims to attract them with zero gas fees and potentially unprecedented scalability. This LykaCoin review looks closer at one of the fastest developing blockchain projects in the industry. Read on to discover its features, tokenomics, and…

Decentraland – A Virtual Reality Platform Unleashing the Blockchain Potential

Since its inception, virtual reality has been a phenomenon. People have been fascinated by the idea of stepping into another world that humankind created. With Decentraland, this fascination has become a reality.  Decentraland is a popular virtual reality platform that allows users to create and experience anything they can imagine. Decentraland is also a cryptocurrency platform. Within the Decentraland ecosystem, users may buy goods, services, and real estate with the MANA token. The MANA token enables the project's founders to…

Chain Pet – A Play-to-Earn Ecosystem for an Enhanced Crypto Experience

Blockchain gaming is starting to take off, and Chain Pet is one of the games leading the charge. In this review, we'll look at Chain Pet's main features and how it sets itself apart from the competition. Chain Pet is a play-to-earn ecosystem that rewards players for their contributions. By upgrading, breeding, and combating their elves, players may construct their world. The elves obtained are all personal assets, so finding a partner is essential to help you get started. One…

LoserChick – A GameFi Crypto Platform Relying on Staking

LoserChick is a fun and addictive new game that allows players to catch and smash eggs for NFTs. In addition to providing many ways for players to earn, LoserChick also offers lower gas fees and higher transaction speeds.  Because of its relationship with Polygon, it's an excellent option for gamers seeking to spice up their day a little. This review will analyze LoserChick in detail, so be sure to check it out if you're interested in learning more. What is…

DeNations – A Global Play-to-Earn Crypto Experience

DeNations is a popular platform for gamers who want to get involved in the crypto market. Users can expand their nations, build civilizations, and earn rewards. The gaming industry is growing rapidly, and DeNations provides an excellent opportunity for gamers to get involved.  This review will analyze the main features of DeNations that appeal to crypto investors and gamers. What is DeNations? For those who like to earn prizes while having fun, DeNations can be an appealing platform. Each nation…

AbellWorld – A Gaming Ecosystem Using NFTs and DeFi Technology

Cryptocurrencies are changing the gaming industry, with new platforms and games emerging that use blockchain technology and decentralized systems.  One such platform is AbellWorld, which uses NFTs and DeFi technology to create a gaming ecosystem that benefits players economically.  In this article, we will discuss how AbellWorld is providing a decentralized solution for all crypto gamers. What is AbellWorld? AbellWorld is a gaming ecosystem that uses NFTs and DeFi technology. It aims to be fair and equitable, focusing on data…

Bots.io – Getting Started with Automated Trading Bots in One Minute

If you want to enter the crypto world, you'll need a tool helping you make the most of your investments. Trading bots are software programs that use historical data to analyze current market trends. This analysis allows a bot to predict where prices will likely head in the future.  This information can help a bot make buy and sell decisions, allowing traders to automate their strategies and maximize profits.  Bots.io is a popular solution for crypto traders that offers many…

WunderTrading – Advanced Automated Crypto Trading for Every Investor

If you're looking for a reliable and automated crypto trading solution, WunderTrading is a popular option. With years of experience in the market, they offer a simple and easy-to-use platform perfect for beginners and experienced traders.  You can trade manually or use their powerful bots to automate your trading strategies. Let us learn more about WunderTrading in today's review. What is WunderTrading? WunderTrading is a trading platform that offers a wide range of features for beginners and experienced traders. These…

Trality – Automated Trading for Crypto Enthusiasts

If you are an enthusiast trader in the crypto market, you want to make the process easier and more profitable. Trality is one solution that has been gaining popularity among traders.  It is an automated trading bot that allows users to trade cryptocurrencies quickly and predictably. Let's take a closer look at what Trality offers and how it could benefit your trading experience. What is Trality? Trality is a platform offering traders and developers many benefits, including a code editor,…

The Bandit Project – How to Earn Passive Income by Staking NFTs

The Bandit Project is a new DeFi protocol aiming to empower NFT holders with passive income opportunities. Moreover, the initiative allows users to own a part of the project and share the revenue with the developers by providing liquidity. It’s worth noting this project is still in its early development stages. Nevertheless, it is advancing relatively fast, with the public presale for its $BANDIT token just around the corner. The much-anticipated event will take place on August 11 at 11…