Jaxx Multi Currency Wallet

Jaxx Multi Currency Wallet Review Guide: Everything You Need to Know (with FAQ)

Which crypto wallet should you trust with your coins in 2025? Ever found yourself worrying about picking the wrong wallet, missing out on new features, or — even worse — losing your digital assets? You’re not alone. With the flood of options out there, choosing the right crypto wallet can feel like you’re wading through a digital minefield.

Maybe you’re adding your first altcoins or your portfolio suddenly looks more like a buffet than a simple Bitcoin stash. The problem? Storing, spending, and swapping dozens of coins without juggling a mess of different apps, passwords, and risks. Enter the Jaxx Multi Currency Wallet—a name that always comes up for multi-purpose crypto management.

Why Picking the Right Crypto Wallet Matters

Let’s get real: everyone wants in on crypto these days, but your wallet is so much more than an app on your phone. It’s your personal vault, and a risky choice puts all your hard-earned coins in the firing line. Just last year, according to Chainalysis, crypto scammers made off with billions in lost coins thanks to simple wallet mistakes and hackers targeting weaker security. Nobody wants to wake up locked out of their life savings—or see them drained overnight.

• Crypto thefts and hacks: Happening every day, totaling over $3.8 billion stolen in 2022 alone (Chainalysis report).


• User errors: Sending to the wrong address, forgetting backup phrases, or picking insecure apps means accidents are way too common.


• Permanently lost coins: Unlike a regular bank, there’s no “forgot password” rescue here. One bad move and it’s gone.

That's why being fussy about which wallet you use isn't just smart—it's essential.

How the Right Wallet Solves Your Worries

The right crypto wallet lets you:

• Stay in charge of your coins


• Avoid nosy third parties collecting your info


• Boost your day-to-day security


• Access your assets super easily — wherever, whenever

For example, a wallet with solid privacy features can keep your stash away from prying eyes, while something with an easy backup protects you from accidental losses. Pick the wrong one, though, and even a simple phone upgrade could mean disaster. Jaxx aims to bridge this gap, but is it really the answer for today’s crypto user? I’ve tested dozens, and I’ll break down what sets Jaxx apart (and where it still needs work).

What You’ll Get From This Guide

Here’s what’s ahead if you keep reading:

• Plain English answers to what Jaxx is and how it works


• Who’ll love using Jaxx—and who should probably steer clear


• The inside scoop on privacy and security (with the real pros and the not-so-obvious cons)


• Which cryptocurrencies you can actually manage


• The features that make Jaxx worth looking at in 2025—and the ones you might just skip


• A practical FAQ right at the end with reader questions

I’ll also be dropping a few practical wallet-picking tips from my real experience reviewing all the best (and plenty of the worst) wallets on Cryptolinks.com. If you’re looking for straight answers instead of crypto jargon, you’re in the right place.

Ready to finally make sense of crypto wallets and see where Jaxx fits in? First, let’s strip things right back: What is a crypto wallet, anyway? (Spoiler: not all wallets work the same way, and this part is critical.) Stick around as we break down the basics in the next section—you won’t want to miss it!

Understanding Cryptocurrency Wallet Basics

If you’re anywhere near crypto, “get a wallet” is always the first piece of advice. But what does that actually mean? Let’s bust the jargon and get straight to it. Think of your crypto wallet like your online banking app—but for Bitcoin, Ethereum, or whatever coin you love.

What Is a Cryptocurrency Wallet?

Here’s the real deal: a cryptocurrency wallet doesn’t “store” coins like a physical wallet holds cash. It stores your private keys, which are basically super-secret codes that prove you own those coins on the blockchain. You use these to send or receive money, while the app itself lets you track your assets all in one place.

Whether you’re looking at your first wallet or swapping to something new, it’s all about how those keys are secured and how you interact with them.

Different Types of Crypto Wallets (and Why It Matters)

Pick the wrong type and you might regret it. Here’s what you’ll usually see:

• Software wallets: Downloaded apps for your phone, desktop, or accessed in a browser. These are what most beginners—and honestly, most people—use. Jaxx fits right into this category.


• Hardware wallets: Physical gadgets (like USB drives) that stash your keys offline. They’re pricey and clunky, but if you get the cold sweats thinking about hackers, these are the gold standard for hoarders.


• Paper wallets: Literally a piece of paper with your keys printed out. Cheap, unhackable—until you spill coffee on it or forget which shoebox it’s in.

Every type has its own wins and trade-offs. Software wallets, like Jaxx, are the kings of convenience and accessibility, but that means you can’t ignore online risks either.

“The best wallet isn’t just about what’s safest, but what fits your actual day-to-day needs.”

Why the Right Wallet Type Matters

It all comes down to three things: security, convenience, and control. Lose your phone and you might lose your crypto if you don’t have a backup. Get hacked, and it’s game over. But make it too complicated, and you’ll ignore your wallet completely (confession: I’ve seen people abandon wallets forever just because they forgot one step in a backup phrase).

• If you’re the kind who checks crypto prices ten times a day, you’ll want a wallet that updates fast and lets you send coins in seconds. That’s software wallets.


• If you’re holding coins for your future kids, think about something offline or physically secured, like a hardware wallet or even a paper wallet in a locked safe.

Research in the crypto space shows that most thefts—like the infamous Mt. Gox or even the 2023 Atomic Wallet hack—can be linked to weak wallet management or unprotected keys. So, picking not just the wallet, but the right type, could be the difference between waking up richer… or empty-handed.

The smart move? Know what you really need—and that’s not always what the ads push. Ever wondered where Jaxx lands on this spectrum, or who it’s best built for? Stick around, because the answer might surprise you in the next section…

Jaxx Multi Currency Wallet: What It Is & Who It’s For

So, what’s the story behind the Jaxx wallet, and why do so many people keep downloading it year after year? In the chaos of crypto apps vying for your attention, Jaxx has managed to build a kind of cult following—and I’ve seen why.

What is Jaxx Wallet? Quick Introduction

Jaxx Wallet is all about giving you a no-nonsense way to manage a huge range of cryptocurrencies in one spot. It’s the “grab and go” solution: open one app, see your whole portfolio, send or receive coins, and check prices at a glance. There’s no registration process, no giving up your ID. If you want to keep your experience simple while sticking to crypto’s rebellious roots, that’s the vibe here.

“Simplicity is the ultimate sophistication.” – Leonardo da Vinci. That’s basically Jaxx’s motto (even if they’ve never said it!).

Major Features: Multi-Currency Support & Cross-Platform Use

• Huge Selection of Coins: Jaxx stands out by supporting over 80 cryptocurrencies, from Bitcoin and Ethereum right down to niche tokens. Forget hopping between apps for each alt you hold—Jaxx keeps it all together.


• Works Everywhere, Syncs Everything: Download it for iOS, Android, Windows, Mac, or Linux. Make a change on your phone? See it on your computer in seconds. This level of cross-device syncing is a massive part of its appeal, especially if you’re constantly checking charts on the move and making decisions on your desktop at home.


• Quick Swaps with Built-In Exchange: Want to swap some ETH to LTC without moving your funds to a centralized exchange? Jaxx has integrated partners like ShapeShift and ChangeNOW, which let you swap coins inside the wallet without that “please wait while your withdrawal processes” anxiety.

I still remember testing Jaxx years ago during a super volatile weekend—prices were going nuts, and I was able to move between ETH and LTC in under a minute. That immediate access is stress-busting!

Who Should Use Jaxx (and Who Shouldn’t)

• Perfect For: Everyday crypto fans, traders who dabble across coins, and anyone who wants an easy-to-use wallet that doesn’t demand a PhD in blockchain to operate. It’s also a great choice if you just want to explore the wild world of altcoins without juggling passwords across five different wallets.


• Not the Best Fit: If you’re holding six-figure amounts in Bitcoin, or you truly can’t sleep unless your coins are air-gapped and locked in a safe, Jaxx shouldn’t be your only storage solution. While it’s safe for daily use and moderate portfolios, the real “whale” level security comes with hardware wallets—a topic I’ll definitely get into soon.

Here’s a little industry tip: According to a CipherTrace report, most crypto thefts are linked to exchange hacks and phishing, not everyday wallets. Still, your security strategy needs to match your portfolio size and habits.

Curious about how secure Jaxx really is? Here’s where things get interesting—next up, let’s look under the hood and see how Jaxx stacks up on security, privacy, and control. Does it keep your coins safe, or are there important gaps to watch for? Keep reading, you’re going to want to see this.

Security, Privacy & Control: What Jaxx Gets Right (and Wrong)

For anyone serious about holding crypto, security is the foundation. At the end of the day, losing your coins feels like losing a piece of yourself (and your financial future!), and nobody wants that story. Let’s see where Jaxx stands in keeping your coins yours and what you should watch out for.

Key Security Features

• Private keys stay with you – Stored locally on your device, never beamed out to Jaxx’s servers. This means only you control access to your funds, not some faceless company.


• No registration required – You don’t need to hand over your email, name, or passport to use Jaxx. Your wallet = your business.


• PIN protection – Adding another layer of defense so nosy roommates or phone thieves can’t send your crypto on a one-way trip.

There’s a sense of relief knowing you don’t have to create yet another account or risk a centralized data breach exposing your info. As the saying goes,

“Don’t trust, verify.”

Still, no wallet is perfect, and you shouldn’t trust any software with everything you own.

What About Privacy?

No hidden data grabs here—Jaxx’s privacy-first approach means your personal life stays off their radar. You open the app, and that’s it. It’s yours to use, no third-party snooping.

But being a software (hot) wallet, Jaxx is still connected to the internet. That connection does introduce some risk. Industry reports show the majority of crypto hacks have targeted hot wallets, reminding us that online = potential vulnerability. Cold storage always wins for peace of mind on large holdings.

Known Weaknesses and What You Should Know

• History of vulnerabilities – In earlier years (2017–2018), Jaxx had a few security bugs that got patched, but it proves attackers have tried before. Always keep your app updated.


• No two-factor authentication – This is a biggie for some. If someone gets your device, they get the keys. That’s why your device security (and your PIN) matter so much here.


• Best use? Small to medium balances – Sure, Jaxx is flexible and quick, perfect for everyday use. But for those Bitcoin moon bags, I always recommend splitting risk and adding a hardware wallet to your setup.

The sense of control Jaxx gives you is refreshing, especially for those tired of KYC bottlenecks and centralized risk, but staying safe is an ongoing job. For anyone tempted to load up Jaxx with a life-changing stash, ask yourself: Is convenience worth the risk?

So, how do you actually get set up and explore all the coins Jaxx can hold? The next part covers exactly how to start (and what you’ll need) to make the most of Jaxx. Trust me, you won’t want to miss it—there are some under-the-radar features waiting for you…

Getting Started, Supported Coins, & Must-Know Features

Ready to get hands-on with Jaxx? Let’s walk through exactly how to start, what cryptos you can actually store, and the handy extras that set it apart from a bunch of the so-called “just another wallet” competitors you’ll come across online.

How to Set Up Jaxx Wallet

Getting Jaxx up and running is a breeze—even if you aren’t a tech whiz. Here’s what actually happens:

• Download the app on your device (Android, iOS, Windows, Mac, or Linux). Just grab it straight from the official Jaxx site to avoid knockoffs—never skip this step!


• Install. Typical, quick install process: just follow the prompts.


• Create your wallet. Jaxx generates a brand-new wallet right on your device, no registration or email required. You're in control from step one.


• Back up your wallet. This is the most critical step. Jaxx will give you a 12-word backup phrase—physically write it down. It’s your lifeline if your phone or laptop disappears. Studies consistently show that user error (like skipped backups) tops the list of causes for lost crypto, so don’t gloss over this!


• Add some coins: Hit the ‘+’ icon in the app to select which coins and tokens you want Jaxx to display and manage. There’s zero need to expose your whole portfolio if you only want to track a few favorites.


• Start sending & receiving. Each coin gets its own unique wallet address in-app. Tap to “receive” and show your address QR code—no hunting around for settings.

The process usually takes under five minutes and doesn’t ask you for any personal details. Jaxx handles the technical stuff behind the scenes—you get quick access without the headaches.

Supported Cryptocurrencies

Jaxx’s biggest draw? You aren’t limited to just Bitcoin or Ethereum. This wallet supports:

• Bitcoin (BTC)


• Ethereum (ETH)


• Litecoin (LTC)


• Dash


• Dogecoin, Zcash, Bitcoin Cash, and 80+ more top cryptos and major ERC-20 tokens

From my research—and talking to both beginners and experienced users—being able to hold lots of coins in one app saves a ton of back-and-forth, especially when you want to dodge extra transaction fees and avoid moving crypto between different services. Want to see the full list of coins? Check out Jaxx’s official list here.

Best Extra Features

Now this is where Jaxx gets interesting. Unlike basic wallets, it isn’t just a digital drawer for keys and coins—the extras are designed to give you an edge in managing your crypto day to day.

• In-app crypto swaps: Jaxx hooks into services like ShapeShift and ChangeNOW, so you can exchange Bitcoin for Ethereum, Litecoin, or even smaller cap coins without leaving the app. No need for third-party exchanges or making extra accounts. I’ve found this instant swap feature handy for casual trading—plus you get a visible, up-to-the-minute rate right inside your wallet.


• Portfolio tracking / live price updates: The dashboard is more than just numbers—it lets you watch your holdings at a glance, showing total balance and up-to-date prices. Skipping the constant CoinMarketCap refreshes? Yes please.


• Cross-device syncing: You can link your same wallet (via your backup phrase) across your phone and desktop, making it super convenient if you work and trade on multiple devices. No cloud storage of private keys involved—the device just rebuilds the wallet locally.


• Private notes for transactions: This underused feature lets you attach notes to transactions inside the wallet—so you remember what that random transfer or swap was for (brilliant if you're prepping for taxes).

While some wallets still play catchup, these tools are why Jaxx regularly pops up on my best cryptocurrency wallet picks. Portfolio management, instant swaps, and real cross-device sync—this is the stuff that makes it practical for actual daily crypto use.

Where to Learn More (and Other Good Resources)

If you want to really take your crypto wallet game up a notch, do check out my full breakdown of top wallet reviews and security tips. I go deep into the research—covering everything from security features to ease of use and regular software updates (which, by the way, matter more than most newbies realize when it comes to not getting hacked). Plus, I keep things honest: if a wallet isn’t up to scratch for multi-coin support or regular upgrades, it doesn’t make my list.

“The functionalities of crypto wallets make them more or less target practice for hackers. Therefore, wallet providers must constantly assess the security systems of their products to guarantee that there are no loopholes."

So if you’re after a wallet that goes beyond bare-bones basics, Jaxx has real-world perks and features worth exploring. But let’s be honest: does it answer all the questions you should be asking? What about those subtle “gotchas” with hot wallets or surprising edge cases? If you’re still wondering about safety, fees, and whether Jaxx actually fits your crypto habits—wait until you read the FAQ and my take in the next part…

Jaxx Wallet: FAQs & Final Thoughts

Frequently Asked Questions (FAQ)

After giving Jaxx a solid run, I noticed people always wonder the same things. Let’s get your most common worries sorted, with straight answers (and a couple of real-world insights from my own reviewing experience).

• Is Jaxx Wallet safe?
  
  

  Jaxx keeps your private keys stored locally, so in theory, only you control your assets. But since it’s a hot wallet (always online), the golden rule applies: never put more on it than you’d be okay losing. To put that in perspective, studies show about 20% of Bitcoin has vanished over the years—lost wallets, hacked apps, you name it. Jaxx is secure enough for everyday use, but don’t treat it like Fort Knox.

  
  


• Can I store Bitcoin and Ethereum in Jaxx?
  
  

  Absolutely, and so much more. Whether it’s BTC, ETH, or something more niche like DigiByte or Dogecoin, Jaxx covers a pretty broad menu (80+ coins and tokens last I checked). It simplifies your life when you have different coins and don’t want to mess with a dozen separate apps.

  
  


• What happens if I lose my device?
  
  

  No need to panic—unless you lose your backup phrase too. You can recover your funds on a new device with your 12-word recovery phrase. If you skip backup, you’re gambling with your entire balance. Seriously, I’ve heard from folks who ignored this and paid the price. Don’t be that person.

  
  


• Is Jaxx free to use?
  
  

  Yep, downloading and using Jaxx costs nothing. The only fees you’ll deal with are network transaction fees—same as any other wallet. If you use the built-in crypto swap, those platforms take a small cut, but that’s pretty standard anywhere.

  
  


• Can I use Jaxx for DeFi?
  
  

  This is where Jaxx starts to show its limits. It’s great for holding coins and easy swaps, but you can’t jump directly into the latest DeFi protocols or connect to dapps like you would with something like MetaMask. If you’re big on DeFi, you’ll want a wallet designed for that ecosystem.

  
  


• Does Jaxx support hardware wallet integration?
  
  

  No, and that’s something to note if you have serious money in crypto and want layered security. If you outgrow software wallets, it might be time to think about combining Jaxx for daily use and a hardware wallet (like Trezor or Ledger) for your vault.

  
  

Final Considerations: Is Jaxx Right for You?

When you’re picking a wallet, always ask yourself three things:

• How much are you planning to store?
  If it’s a few hundred or a couple thousand dollars (like most people just starting out), Jaxx gives you speed and flexibility.


• Do you care more about convenience or absolute security?
  Jaxx wins for convenience. Want to trade on the go or monitor your portfolio from your phone, laptop, and tablet? It’s one of the slickest experiences out there. If your main goal is airtight safety for big stacks, look at something offline.


• Will you use built-in swaps?
  Jaxx is perfect if you like trading between coins quickly without signing up for new exchanges or giving up your privacy.

The Bottom Line: My Take

Jaxx makes managing lots of coins ridiculously simple. I can check balances, swap coins, and keep track of my portfolio across all my devices in minutes. It’s not the wallet I’d use for my crypto “nest egg”—save those big bags for a hardware wallet, just to be safe. But for daily trades, small to medium holdings, or exploring new coins without a headache, it’s honestly one of the most enjoyable software wallets I’ve reviewed.

Pay attention to security updates, always write down that backup phrase, and treat Jaxx as your everyday “spending wallet”—not the place for your retirement fund.

If you want the full rundown on wallet security, comparisons, or just want to find something with different features, there’s a stack of honest reviews waiting over at Cryptolinks.com/news. The crypto world changes fast—do your research, stay nimble, and always keep your coins somewhere you trust.

Stay safe, keep learning, and never put your whole collection at risk. That’s how you win in crypto—one secure wallet at a time.