Jaxx Liberty Wallet — Getting Started

Jaxx Liberty is a multi-currency cryptocurrency wallet designed to manage digital assets across multiple platforms. This guide provides step-by-step instructions for downloading, setting up, and securing your Jaxx Liberty wallet, along with important safety considerations.

What is Jaxx Liberty?

Jaxx Liberty is a software wallet developed by Decentral Inc., a Canadian company founded by Anthony Di Iorio, a co-founder of Ethereum . Originally launched in 2014 as Jaxx, the wallet was later rebuilt and rebranded as Jaxx Liberty . The wallet supports over 80 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dash, Zcash, and Bitcoin Cash .

Jaxx Liberty operates as a non-custodial wallet, meaning users retain full control over their private keys and recovery phrases. The wallet does not store user passwords or keys on its servers . It is available across multiple platforms: Android, iOS, Windows, macOS, Linux, and as a Chrome browser extension .

Step 1: Download and Install

Before downloading Jaxx Liberty, it is essential to understand that the wallet has been discontinued. Decentral announced that normal operations would end on March 27, 2023 . Any download of Jaxx Liberty from unofficial sources carries significant risk of being a fake application designed to steal your funds .

If you still have an existing installation, preserve it without wiping or resetting the device . For those seeking to access funds held in Jaxx Liberty, the recommended approach is to recover using your 12-word seed phrase in a BIP-39-compatible wallet rather than running the discontinued application .

For users who still wish to install the wallet from official sources, Jaxx Liberty was available for download from the official website, Google Play Store, and Apple App Store .

Step 2: Create or Restore Your Wallet

Upon launching the application, you are presented with two options: create a new wallet or restore an existing wallet using a 12-word recovery phrase .

If creating a new wallet, the application generates a unique 12-word recovery phrase. This phrase serves as the master key to your wallet and is required to recover access to your funds if your device is lost, stolen, or damaged .

If restoring an existing wallet, you must enter your 12-word recovery phrase in the correct order. After entering the phrase, the wallet will retrieve your balances and transaction history .

Step 3: Back Up Your Recovery Phrase

The recovery phrase is the single most critical component for wallet security. It consists of 12 randomly generated English words that grant complete access to all funds in the wallet .

It is strongly recommended to back up your wallet immediately after creation, before depositing any cryptocurrency . The following practices are essential for securing your recovery phrase:

Write the phrase on paper and store it in a secure, offline location. Do not save the phrase on your computer, phone, or any digital device .

Never take screenshots or store the phrase in digital notes, email, or messaging applications. If your device is compromised, the first thing attackers will search for is your recovery phrase .

Ensure you are alone when accessing the recovery phrase. Anyone who obtains these 12 words can access all funds in your wallet .

After writing down the phrase, the application will ask you to confirm it by entering the words in the correct order. This verification ensures that you have recorded the phrase accurately .

Step 4: Configure Security Settings

Jaxx Liberty offers PIN or password protection to secure access to the application on your device. This password encrypts your private keys locally and prevents unauthorized access if someone gains physical access to your device .

When setting a password, use a combination of uppercase and lowercase letters, numbers, and special characters . It is important to understand that the password protects only the local application; it does not replace the need for a recovery phrase backup. If you forget your password, you can restore access using the recovery phrase .

Step 5: Manage Your Cryptocurrencies

After setup is complete, you can select which cryptocurrencies to display in your wallet. Jaxx Liberty supports over 80 digital assets. Navigate to the settings menu and select "Manage Wallets" to choose the coins you wish to activate .

To receive cryptocurrency, select the desired coin and click "Receive." The wallet will display a receiving address, either as a text string or a QR code that can be scanned .

To send cryptocurrency, select the coin, click "Send," and enter the recipient's address and the amount. You will be asked to confirm the transaction with your password. Transaction fees vary based on network conditions .

Security Considerations

Jaxx Liberty has received criticism regarding certain security aspects. The wallet stores the seed phrase locally, and early versions used relatively weak protection that security researchers demonstrated could be extracted from a device . Jaxx Liberty also lacks full two-factor authentication, remaining a hot wallet that is always connected to the internet .

For long-term storage or significant holdings, hardware wallets such as Ledger or Trezor provide superior security by keeping private keys offline .

Disclaimer

This content is provided for informational and educational purposes only and does not constitute financial, investment, or security advice. Cryptocurrency investments carry significant risk, including the potential loss of all funds. Jaxx Liberty has been discontinued, and downloads from unofficial sources may contain malicious software designed to steal digital assets. Always verify the authenticity of any wallet software before installation. The author and publisher disclaim any liability for losses or damages arising from the use of the information presented herein. Readers should conduct their own research and consult qualified professionals before making any decisions regarding cryptocurrency storage or investments.