Store multiple cryptocurrencies with an easy-to-use interface
- Very simple interface
- Supports multiple cryptocurrencies
- Potentially vulnerable
Jaxx was first developed in 2014 and serves not only as a Bitcoin wallet but an app which can store multiple cryptocurrencies such as Litecoin, Dash, Ethereum and Bitcoin Cash. Ripple is not currently supported but the Jaxx team have hinted they may support this feature in the future. (For a full list of supported currencies see here).
When first run, Jaxx displays a 12 word 'master seed' similar to Electrum which you can write down and use to restore your wallets if you lose access to the original program.
The interface is deceptively simple in that you can quickly and easily switch between wallet balances. Jaxx has also integrated Shapeshift support. This functions as a built-in currency exchange, allowing you to quickly exchange crypto balances, for instance to convert DASH to BTC. You can view your updated balances as soon as processing is complete.
Jaxx is available as a Chrome extension as well as for Windows, Mac and Linux. There's even a mobile app, so it's likely you can view all crypto balances from a single device.
The software is closed source, however, so cannot be reviewed by the community in order to hunt for security bugs. Note that one such bug was discovered in June 2017 which allows someone with access to your machine to extract your master seed and steal your coins. Until this is fixed we recommend using Jaxx only for storing and exchanging small amounts.