Jaxx is a popular multi-currency wallet. It supports over 80 cryptocurrencies, including well-known ones like Bitcoin, Ethereum, Litecoin, Dash, and Bitcoin Cash. The wallet attracts users with its cross-platform pairing feature, user-friendly interface, and ease of switching between digital assets. One of its appealing features is the integration of ShapeShift, which allows users to instantly buy and sell supported cryptocurrencies. Additionally, users can track market data, follow news, and look up transaction data across multiple blockchains using the blockchain explorer.
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Multi-Currency Crypto Wallet Jaxx – Review
Jaxx Liberty Wallet is a hot non-custodial multi-currency crypto wallet that can be used on mobile devices and desktop computers. It is compatible with Windows, Apple, and Linux, as well as Android and iOS. The cross-platform pairing feature allows users to sync their devices and use the wallet on each of them.
The first Jaxx wallet was created in 2014 by Anthony Di Iorio, known as the founder of Ethereum. The beta version was released to the market in early 2016. On March 7, 2023, Decentral, the owner of this wallet, announced that it would stop supporting it as of March 27, 2023. Clients were advised to transfer their assets to other compatible wallets, such as Edge Wallet or Exodus Wallet.
From March 27, 2023, any transactions with funds on the Jaxx wallet cannot be conducted. Transitioning to compatible wallets is straightforward. Users simply need to enter their Jaxx Liberty backup phrase of 12 words into the Edge Wallet or Exodus Wallet platform to manage their cryptocurrency from there. There is no need to transfer funds and incur fees.
Why the Jaxx Crypto Wallet Stopped Working
Decentral and its founder Anthony Di Iorio, the creators of Jaxx Liberty, decided to end the operation and support of this platform to focus exclusively on the development and expansion of their new flagship project Andiami: The Quest for Liberty. Going forward, all basic tools and infrastructure of Jaxx Liberty will be integrated into Andiami. This is a new large-scale project aimed at improving user-controlled internet operations. Learn more about this new project on its official website.
Recovering the Jaxx Wallet – How to Restore Access to Digital Assets
Decentral has outlined a few basic steps for recovering your wallet:
- Find the seed phrase for your crypto wallet.
- Create a new account using the Exodus wallet.
- Select “I already have a wallet.”
- Enter the seed phrase in the correct order.
- Click “Restore.”
The same process applies to the Edge wallet. To regain access to your funds, you need to enter the correct 12-word seed phrase.
How to Restore the Jaxx Wallet – Video
To understand how to restore your Jaxx wallet, watch this short video:
How to Retrieve the Jaxx Liberty Wallet Seed Phrase
Although the wallet is now out of service, the Decentral team stated that users were given a few weeks to review their seed phrase and create a proper backup if they hadn’t already written it down or couldn’t find it. Ideally, the seed phrase should be stored on an external medium. After the provided weeks have passed, the wallets were decommissioned, meaning accessing and retrieving the seed phrase today is no longer possible.
Jaxx in 2024
Decentral emphasizes that support for the multi-currency crypto wallets has been permanently discontinued. Jaxx does not operate in 2024 and will never be supported again.
The shutdown of this wallet and the surge of interest in how to withdraw funds from it and how to transfer the wallet to another platform have led to an increase in cryptocurrency scams. Currently, there are websites posing as Jaxx that offer to restore the wallet. To do this, they require entering the seed phrase on the website.
Under no circumstances should you do this. These platforms are merely posing as Jaxx to obtain users’ secret keys. Neither Edge, Exodus, nor Decentral is responsible for this and will not be able to assist users in case they lose their currency.
Conclusion
The Jaxx multi-currency crypto wallet by Ethereum was one of the most convenient hot wallets with cross-platform pairing and extensive functionality. Since March 27, 2023, these wallets are no longer supported, and users have been advised to migrate to other platforms. To avoid falling victim to scammers, remember that this crypto wallet no longer operates, and anyone posing as Jaxx is a fraudster. Decentral is the sole manufacturer of Jaxx Liberty, which does not sell or transfer the wallet or brand to anyone.
FAQ About Jaxx by Ethereum
To withdraw funds, you need to restore the wallet on the Exodus or Edge platform using the 12-word secret seed phrase.
No, you should not interact with any resources claiming to be Jaxx. Decentral has not sold and does not plan to sell or transfer the rights to the brand to anyone. Therefore, anyone claiming this name is likely a scammer.
This is not true and is most likely an attempt at fraud.
The Jaxx wallet can be transferred to any platform that supports the BIP39 compatibility standard. It is crucial to choose a crypto wallet that supports multiple currencies and uses similar recovery paths. Pay attention to security and reliability. This is why Decentral recommends Edge Wallet or Exodus Wallet. They support multi-currency and have similar recovery paths. They also commit to providing support for any migration issues that may arise and ongoing support for new users.
