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If you are looking for a cryptocurrency wallet that is easy to use, secure, and packed with features, you might want to consider Jaxx Liberty. Jaxx Liberty is a cross-platform wallet that supports over 80 different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. In this article, we will review Jaxx Liberty desktop app, how to download and install it, how to use it, and its pros and cons.
Jaxx Liberty is a cryptocurrency wallet developed by Decentral, a company that also offers cryptocurrency ATMs and other services in the digital currency ecosystem. Jaxx Liberty was launched in 2018 as an upgrade from the previous Jaxx wallet, and has since gained popularity among crypto users around the world.
One of the main features of Jaxx Liberty is that it is available for multiple platforms, including Android, iOS, Mac OS X, Windows, Linux, and Google Chrome extension. This means that you can access your wallet from any device you prefer, and sync your data across them using your 12-word backup phrase. Jaxx Liberty is also a non-custodial wallet, which means that you own your private keys and have full control over your funds. Jaxx Liberty never has access to your wallet data or your recovery phrase.
Jaxx Liberty is not just a wallet, but also an app that offers a variety of features for crypto enthusiasts. Some of these features include:
If you want to use Jaxx Liberty on your desktop computer, you will need to download and install the app from the official website. Here are the steps to do so:
To download Jaxx Liberty desktop app, you will need to visit https://www.jaxx.io/downloads and choose the version that matches your operating system (Windows, Mac, or Linux). You will then see a download button that will start downloading the app file to your computer.
Once you have downloaded the app file, you will need to run it to install Jaxx Liberty on your computer. The installation process may vary slightly depending on your operating system, but it should be straightforward and easy to follow. You will need to agree to the terms of service and choose a location for the app on your computer. Once the installation is complete, you will be able to launch Jaxx Liberty from your desktop or start menu.
When you launch Jaxx Liberty for the first time, you will be asked to create a new wallet or restore an existing one. If you choose to create a new wallet, you will need to set a password and write down your 12-word backup phrase. This phrase is very important, as it is the only way to restore your wallet in case you lose access to your device or forget your password. You should keep this phrase in a safe and secure place, and never share it with anyone.
If you choose to restore an existing wallet, you will need to enter your 12-word backup phrase and your password. This will allow you to access your wallet and sync your data across your devices. You can also use this option if you want to switch from another Jaxx wallet to Jaxx Liberty.
Once you have created or restored your wallet, you can start using Jaxx Liberty on your desktop. The app has a simple and attractive design, with four main tabs: Wallet, Exchange, Markets, and News. Here are some of the things you can do with each tab:
To send or receive cryptocurrencies, you will need to go to the Wallet tab and select the coin you want to transact with. You will then see your balance, address, and QR code for that coin. To send crypto, you will need to click on the Send button and enter the recipient’s address and the amount you want to send. You can also scan a QR code or use the address book feature to select a saved contact. You will then see a confirmation screen where you can review the transaction details and adjust the fee level. To confirm the transaction, you will need to enter your password and click on Confirm.
To receive crypto, you will need to click on the Receive button and copy your address or QR code. You can then share it with the sender or display it on your screen for them to scan. You will see the incoming transaction in your transaction history once it is confirmed on the blockchain.
If you want to buy or exchange cryptocurrencies within the app, you will need to go to the Exchange tab and select the service you want to use. Jaxx Liberty partners with third-party services like Simplex and Changelly to offer these features. To buy crypto, you will need to select Simplex and choose the coin and the fiat currency you want to use. You will then see the exchange rate and the fees for the transaction. To proceed, you will need to enter your credit card details and verify your identity. Once the payment is processed, you will receive the crypto in your wallet.
To exchange crypto, you will need to select Changelly and choose the coins you want to swap. You will then see the exchange rate and the fees for the transaction. To proceed, you will need to enter your password and confirm the transaction. Once the exchange is completed, you will receive the new crypto in your wallet.
If you want to track your portfolio and market data for over 100 assets, you will need to go to the Markets tab and select the coin you want to view. You will then see a chart that shows the price history, volume, market cap, and other metrics for that coin. You can also compare different coins by adding them to your favorites list. You can customize the chart by changing the time frame, currency, and indicators.
If you want to access news and block explorer for the latest updates and information on the blockchain, you will need to go to the News tab and select the source you want to read from. Jaxx Liberty aggregates news from various sources like CoinDesk, Cointelegraph, CryptoSlate, and more. You can also filter the news by category or keyword.
To access the block explorer, you will need to click on any transaction in your transaction history or in the news articles. This will open a new window that shows the details of that transaction on the blockchain explorer of that coin.
Jaxx Liberty desktop app has many advantages and disadvantages that you should consider before using it. Here are some of them:
Jaxx Liberty has a simple and attractive design that makes it easy to use and navigate. The app has a dark theme that is pleasing to the eye and reduces eye strain. The app also has clear icons and labels that help users find what they are looking for.
Jaxx Liberty is a hierarchical deterministic (HD) platform, which means that it generates a new address for each transaction, enhancing your privacy and security. You can also create multiple wallets within the app, each with its own backup phrase and password. This allows you to manage different accounts or purposes with ease.
Jaxx Liberty has a secure customer service channel that allows you to communicate with the user success team without leaving the app. You can access this channel by clicking on the menu icon and selecting Support. You can then send an email or a message to the team, and they will respond as soon as possible. You can also attach screenshots or logs to help them troubleshoot your issues. The channel is encrypted and protected by your password, so you can rest assured that your data is safe.
Jaxx Liberty partners with various third-party services to offer you more features and options for your crypto needs. Some of these services include Simplex and Changelly for buying and exchanging cryptocurrencies, ShapeShift for decentralized trading, CoinSwitch for finding the best rates, Wyre for fiat-to-crypto conversions, BitPay for spending crypto online, and more. You can access these services within the app, without having to create separate accounts or leave your wallet.
Jaxx Liberty supports over 80 cryptocurrencies, which is impressive, but still limited compared to some other wallets that support hundreds or thousands of coins. If you want to store or use some of the less popular or newer coins, you might not find them on Jaxx Liberty. You will need to check the list of supported coins before using the app, or look for another wallet that supports your desired coin.
Jaxx Liberty does not have a staking interface, which means that you cannot earn passive income by holding or locking your coins on the app. Staking is a process that allows you to participate in the network security and governance of some proof-of-stake (PoS) coins, and receive rewards in return. If you want to stake your coins, you will need to use another wallet or platform that supports staking.
Jaxx Liberty does not have direct support for non-fungible tokens (NFTs), which are unique digital assets that represent art, music, games, collectibles, and more. NFTs are becoming increasingly popular and valuable in the crypto space, and many users want to store or trade them on their wallets. Jaxx Liberty does not have a dedicated interface or feature for NFTs, but you can still view and send them using the app. However, you will need to use another wallet or platform that supports NFTs if you want to buy or sell them.
Jaxx Liberty is a hot wallet, which means that it is connected to the internet and vulnerable to hacking or phishing attacks. Although Jaxx Liberty has security features like password protection, encryption, and backup phrase, it is still not as secure as a cold wallet, which is offline and immune to online threats. Therefore, Jaxx Liberty is not recommended for storing large amounts of crypto, as you might lose them if your device is compromised or stolen. You should only keep the amount of crypto that you need for daily use on Jaxx Liberty, and store the rest on a cold wallet or a hardware wallet.
Jaxx Liberty is a multi-platform cryptocurrency wallet that offers a variety of features for crypto enthusiasts. It is easy to use, secure, and packed with partner integrations for crypto services. However, it also has some drawbacks, such as limited number of supported coins, no staking interface, no direct support for NFTs, and not recommended for large amounts of crypto. Therefore, you should weigh the pros and cons of Jaxx Liberty before using it, and decide if it suits your needs and preferences.
Q: How much does Jaxx Liberty cost?
A: Jaxx Liberty is free to download and use. However, you will need to pay network fees when sending or exchanging cryptocurrencies on the app. These fees go to the miners or validators who process your transactions on the blockchain, not to Jaxx Liberty.
Q: How do I update Jaxx Liberty?
A: Jaxx Liberty updates automatically when there is a new version available. You will see a notification on the app that prompts you to update. You can also check for updates manually by clicking on the menu icon and selecting About. You will then see the current version of the app and the option to update if there is a newer version.
Q: How do I backup Jaxx Liberty?
A: Jaxx Liberty allows you to backup your wallet using your 12-word backup phrase. This phrase is the key to your wallet and your funds, and you should keep it in a safe and secure place. You can view your backup phrase by clicking on the menu icon and selecting Backup Wallet. You will then see your backup phrase and the option to copy it or write it down. You can also email it to yourself or print it out, but be careful not to expose it to anyone or any device that might compromise it.
Q: How do I restore Jaxx Liberty?
A: Jaxx Liberty allows you to restore your wallet using your 12-word backup phrase. This is useful if you lose access to your device or forget your password. You can restore your wallet by clicking on Restore Wallet on the welcome screen of the app. You will then need to enter your backup phrase and your password. This will allow you to access your wallet and sync your data across your devices.
Q: How do I contact Jaxx Liberty support?
A: Jaxx Liberty has a dedicated user success team that is ready to help you with any issues or questions you might have. You can contact them via email at email@example.com or via social media channels like Twitter, Facebook, Reddit, and Telegram. You can also access the secure customer service channel within the app by clicking on the menu icon and selecting Support. You can then send an email or a message to the team, and they will respond as soon as possible.