There are many different cryptocurrency wallets in the digital currency market today. A cryptocurrency wallet is a program for storing coins and performing transactions with them. Among such wallets, ether wallet is popular. Wallets are characterized by a range of supported cryptocurrencies and software platforms (Windows, Linux, Mac OS, IOS, Android).
You can store cryptocurrencies (Ethereum and Bitcoin) in about half of the wallets, which is associated with the active growth in the number of new cryptocurrencies in recent years. However, wallets with a currency designed specifically for altcoins are usually not very popular and can only have a few tens of thousands of registered addresses. In the current environment, multicurrency wallets are becoming more and more popular as the most convenient service for safely storing a large number of different cryptocurrencies.
JAXX crypto wallet
The Jaxx wallet is an excellent choice for newcomers to the crypto industry and is also in demand by experienced crypto users. Basically, it is one of the best stores for Bitcoin (BTC) and Ethereum (ETH). However, the multicurrency wallet also supports other altcoins like Litecoin. Another advantage of Jaxx is the built-in API of third-party crypto exchanges ShapeShift and Changelly, which allows you to exchange one cryptocurrency for another right in your wallet. This feature is essential when you need to make trading decisions in a split second.
The Jaxx platform has been developed since 2014 by Decentral Inc. from Toronto, Canada. Its founder Anthony Di Iorio is also known as the co-founder of the Ethereum blockchain. Jaxx users do not have to pay for the wallet itself or for its maintenance — the service is absolutely free from the very beginning and remains so to this day. Jaxx wallet offers good options for protecting your wallet from fraudulent activity. When you download the Jaxx wallet, no personal data is requested, which will surely please privacy lovers. At the same time, private keys are only available to users as they are stored only on their device.
Jaxx has a start-up phrase that allows you to reuse the functionality of a configured account and edit stored cryptocurrencies in cases of force majeure. The phrase generated when the wallet was created contains 12 unrelated words.