Cryptocurrencies have redefined the way people access money. Now it has become completely decentralized with no intermediation of any central authority. Crypto wallet transactions are immutable, making them efficient and secure. Thus, crypto wallets are gaining huge popularity since they provide an easy and secure way to transact, send and receive crypto assets.
One of the successful examples of the best cryptocurrency wallet is Jaxx Wallet. Further, we will discuss the salient features of this wallet which may assist you in designing and planning on how to develop a bitcoin wallet app like Jaxx.
About – Jaxx Wallet
Jaxx wallet is one of the popular multi-cryptocurrency wallets that has penetrated the cryptocurrency market. It was founded in the year 2014 by Anthony Diiorio, who is also a co-founder of Ethereum. Jaxx supports more than 85 crypto assets and provides numerous ways for customers to control their e-shopping details. This digital asset wallet platform empowers millions of people by providing an easy controlling of their digital assets.
Salient features of Jaxx Wallet
The features of Jaxx wallet are as follows:
Hierarchical deterministic wallet; generates a new address every time you send or receive the funds
Integrated with ShapeShift, allowing easy support to multiple cryptocurrencies
Compatible with both mobile devices and desktop
Grants direct access to the account to the user
Assets can be accessed from anywhere in the world
Direct update of crypto news in the wallet
Supports bitcoin, ethereum, and other 85+ cryptocurrencies
Fees structure of Jaxx Wallet
Jaxx does not charge any fee for downloading and installing the wallet. However, it takes transaction fees for every settlement you make and the rate varies from transaction to transaction.
Jaxx users are majorly provided with three options – such as slow, medium, and fast transactions. Therefore, the amount of fees is directly proportional to the option that you will use and is directly linked to the speed of the transaction.
How to develop a crypto wallet like Jaxx?
For building a crypto wallet like Jaxx, you need to put in a lot of time and conduct thorough research. The main two methods of development are building a customized wallet from scratch or a white label multi cryptocurrency wallet. Antier can help you in navigating your wallet development journey with both the ways, however, the second approach is generally considered more easy and convenient to start with. As it provides ready-made software, the development cost and time required to build a white label wallet are significantly less. Further, check out the various features that are well integrated into our white label wallet solution.
If you are all set with your business plan or looking for assistance with that, Antier Solutions can help you in devising a proper business model. Our domain experts and blockchain engineers with real-world experience in developing a feature-rich crypto wallet solution navigate your wallet development journey.
Schedule a free demo of our white label crypto wallet or connect with our domain experts to learn how to develop a Bitcoin wallet app.