Multicurrency Wallet Jaxx: Installation, Configuration and Use

jaxx

Proper storage of digital assets is a very important issue for every trader. Today we will analyze one of its decisions, namely, the multicurrency wallet Jaxx. How to register in the service, and what are its strengths and weaknesses?

Contents:
(please, click the topic to scroll down to it)

  1. History of the wallet‘s creation
  2. What coins can be stored in Jaxx?
  3. How to get your own wallet?
  4. Advantages
  5. Disadvantages
  6. Conclusion

1. History of the wallet’s creation

The start of the project can be considered 2013, it is when Decentral company has a subsidiary that receives the name Jaxx. The developers had been working hard with the product for more than two years, and only in the first quarter of 2016 the first beta version of the application was launched. And from that moment the project began to gain popularity all over the world, as one of the most convenient solutions on the market.

2. What coins can be stored in Jaxx?

It should be noted that at the very beginning the wallet supported only a few cryptocurrencies and, as the project developed, this list grew. At the moment (August 2018), the official Jaxx wallet supports 65 different coins and tokens. There are absolutely all popular cryptocurrencies in the list, as well as many less common coins (Cofoindit, Maecenas, Storm and Swarm, Sonm, Wax, Viberate, Ten X, Basic Attention Token, iExec, etc.).

3. How to get your own wallet?

It is absolutely not difficult to create a new wallet in the service and any average user can cope with this. To begin with, Jaxx is a cross-platform solution and can be installed both on a computer and on a smartphone (MacOs, Windows, Linux, iOS, Android). If you want to use the desktop version, it is strongly recommended to download the installation file only from the official website of the project. To download to your smartphone, you can use the Play Market or the App Store.

When you first start, you will need to review the user agreement and other standard information. After that the program will offer two options:

  1. to create a new wallet;
  2. to restore the existing one.

You can create a new wallet in two ways:

– fast;

– complete.

The first method involves setting the majority of the default settings; in fairness it should be noted that in the future they can be edited. If you choose a full variant of creating a new wallet, then all the parameters can be set initially.

The next very important point is a security issue, so that not to kick yourself, at the registration you must immediately do the following:

  1. copy the recovery phrase to an external medium (or better to several);
  2. put the protection of the entrance with a pin-code;
  3. make a backup copy.

After that, you will only have to choose the necessary coins from the offered list.

4. Advantages

Many users call Jaxx the best wallet for cryptocurrencies in the market as it has a fairly large list of strengths. Let’s talk about them:

  • Simultaneous use on different devices (laptop, smartphone, tablet, etc.).
  • Fast technical support, which responds to users’ requests quite quickly, usually in a couple of hours.
  • User-oriented interface in which all controls are in place.
  • Ability to recover data with the generated phrase (consists of 12 words).
  • The data backup function is located directly inside the interface.
  • Increased safety. It is worth noting that private information (keys and codes) are not on the server, but on the user’s hard drive. Of course, Jaxx cannot be called a full-fledged cold multicurrency store, but the security level of this wallet is quite high.
  • Ability to install additional protection (PIN-code).

5. Disadvantages

Unfortunately, there is no ideal product, which would not have any flaws. Let’s look at the weaknesses of the cryptocurrency wallet Jaxx:

  • High commission fees for currency exchange inside the wallet. In the application you can exchange coins, it is certainly convenient, but it is more expensive than using third-party services.
  • Transaction hanging. This bug is traced only when transferring little-known tokens. There are times when money from one wallet leaves, and does not reach addressee. In fairness, it’s worth noting that when you contact support, in 99% of cases the funds are returned, but it’s still a pretty unpleasant moment, which is better to know in advance.
  • Slow solution of contentious issues. Although the agents of technical support respond quickly, but sometimes, the solution to the problem can drag on not for one week.

6. Conclusion

Jaxx is a very popular wallet in the cryptocurrency community. It has a lot of advantages, but it is not devoid of shortcomings. At the moment it supports 65 coins, it can be used on different devices simultaneously. It has an increased level of security, and also has a fairly convenient interface. If the developers solve the problem with suspending transactions of lesser known coins and can achieve a more rapid solution of problems, then Jaxx can be called an almost ideal cryptocurrency wallet.

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TOP 5 Most Convenient Applications To Use And Work With Cryptocurrency

Cryptocurrency is one of the most promising and growing industries in our modern world. It is becoming more and more valuable to our society, as well as to the nations’ economies and banking systems, since people prefer more convenient ways of trading and transferring money. We therefore offer you to look at top 5 apps that the most convenient in using and working with crypto.

1. Keymano

Keymano is a top wallet that provides a customer with a myriad of opportunities. It’s very convenient, fast and secure. Managing crypto or fiat money through Keymano wallet is easy. Using Keymano wallet anyone can sell, buy or send crypto on the go. It is user-friendly and straightforward.

Connect Keymano Card and Wallet to get even more functions. This Card allows you to make payments online and in-store. Moreover, the user can withdraw cash at any ATM terminal.

Keymano is a fully-featured product which not only simplifies managing crypto but also creates more ways to use it. With Keymano any transaction (from buying coffee to money exchange) is simple and always available in any part of the whole world. Having Keymano you can:

  • pay with crypto in any part of the world;
  • pay with BTC, ETH, etc;
  • manage multiple currencies in one App;
  • pay online or in-store using Keymano Card.

2. 365Сash

365Cash is a platform that provides services to users in different countries by organizing P2P transfers of digital assets. By the time of publication, the platform overcomes 850,000 cryptocurrency swaps. Such a big number extols this platform over others on the market. The service also possesses the following features:

  • Its own large ecosystem which uses nodes for cryptocurrencies and works automatically.
  • The most favorable rates for customers. The service earns on the difference in sales rates due to a large flow of customers and hedging the risks of cryptocurrency fluctuations.
  • Fully automatic system of receiving and paying funds to customers using the most popular payment system in Russia – Qiwi.
  • In future, it is planned to expand the pool of available cryptocurrencies.

3. Quppy 

Quppy is multicurrency payment system with unique cross-platform applications.The wallet provides users the ability to share crypto assets via different accounts inside one single wallet as far as within a decentralized storage system. By the end of the month, users will be able to withdraw money in euro. The platform also have some interesting features:

  • Sharing all your crypto assets through various accounts on one single platform.
  • Superior security for users based on blockchain technology.
  • Fast cryptocurrency exchange and instant transactions;
  • Multicurrency support including Bitcoin, Bitcoin Cash, Litecoin, etc.
  • Integration of Nexo – a service of the world’s fastest instant credit.

4. Chatex

Chatex is a platform that makes transfers, exchanging or paying for goods much more easier for every customer. Cryptobanking facilitates access to the use of cryptocurrency for those who have never had a cryptocurrency wallet and who do not want to understand difficult passwords, 12 words, etc. The service eliminates the possibility of loss of big passwords or phones, since it allows you to regain access during a personal appearance to the certification center. Unique feature are:

  • The wallet is protected by an additional PIN-code and in exchange transactions between people.
  • Instant internal transfers without commissions. Instant purchase with any VISA/MC.
  • Respond quickly to digital assets management requests from your smartphone.

5. Waves

Waves is revolutionary mobile app which enables users to connect to the network and make transactions. It is a comprehensive, all-in-one app for mobile devices with an absolutely unique feature set that includes a crypto wallet, the Waves DEX, and fiat gateway. The biggest advantages of the platform are:

  • All traffic is encrypted, hence privacy and security are fully provided. Private keys never leave users’ smartphone and are never exposed to the web.
  • Supporting Face ID, Touch ID and Fingerprint scanning.
  • Trading on DEX, with the great tools and charts, it provides access to fiat and crypto gateways, so the customer can deposit, store, trade and withdraw other assets.
  • The customer can send tokens to one’s address book contacts, lease one’s WAVES, receive warnings about suspicious tokens and burn any spam assets he/she doesn’t want.

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Baksman: Fast And Instant Cryptocurrency Exchange

Trading is nothing without buying and selling, the same goes to cryptocurrency. Thousands of crypto related people conduct tens of transactions every day. What do they need most? Of course, it is a fast and instant exchange – Baksman. So, let us dive into the speed and accuracy of the best exchange across the Europe and Asia.

Advantages of the Baksman exchange

Baksman is a crypto platform which provides exchanges in all the most demanded directions, if the customer is not satisfied with the proposed ones, the platform is ready to separately consider other fronts. The Baksman exchange is the official partner of the payment systems, such as PerfectMoney, ADV cash, Payeer, Capitalist. Their capabilities include working in rare directions like ePayments services, banks of Kazakhstan and it is not the limit. The service is constantly improving and upgrading its functionality. The platform is able and is ready to provide individual support for a client.

One of the biggest advantages of Baksman is a non-stop work. The exchanger works 24 hours a day and 7 days a week. The average processing time for transactions takes 5-15 minutes. More importantly, the technical support is always online and ready to answer any questions; the assistance is provided regarding to the functional wallets and other systems. Thus, no matter problem you have met, you can easily find to solve it.

In order to make the customer even more satisfied, the Baksman team has developed an app on the Android and IOS platforms, which can be downloaded and installed on a smartphone.

For EXMO Exchange users, the platform has allocated a separate direction of EXMO codes with the top list of cryptocurrencies. Users do not need to send funds to the network to transfer them and wait for confirmation of the transaction in the network, he/she just should create an Exmo code and transfer it to the service for exchange. It is very convenient and fast.

Comfortable Coin Converter

The platform offers you an extremely convenient calculator estimating how much you get if you spend a particular sum of money or crypto. The service provides options for:

  • 24 crypto coins, like Bitcoin, Ethereum, Litecoin;
  • 20 EPS, including Yandex Money, QIWI Rub;
  • 16 banks, such as Raiffeisenbank, Alfa Bank, Tinkoff.

Stylish design and fast calculating will make your experience of exchanging assets unforgettable.

Referral Program and Discount System

The project offers its partners a referral program which includes two layers giving the opportunity not only receive income, but attract referrals. If the user refers to the first level of referral, he/she will get 0.6% of the turnover, if second level, the income payment will accumulates for 0.2%. All you have to do is to become a partner Baksman and you will get your revenue.

In addition, Baksman has developed a discount system. What is more pleasant, that it is cumulative. Its value is determined by the total amount of operations performed by the participant for the entire time of using the resource.

If you still hesitate, please, follow the link and find more information about this exchange.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

Samsung Pay Will Or Won’t Add Cryptocurrency: Report

Samsung Electronics Inc. has not even filed an official statement yet, while the South Korean news outlets are already speculating Samsung Pay will integrate crypto in Galaxy S10.

Samsung Pay in Korea

Samsung Pay is a mobile payment service launched by Samsung Electronics in the middle of 2015. In the same year, Samsung Pay bought LoopPay for $250 million which allowed users to process payments on point of sale (PoS) terminals. Moreover, that acquisition helped to invent MST (Magnetic Strip Technology). Later, Samsung Pay announced about launching LoopPay Valet – a low cost contactless payment IoT device.

From 2017 the use of Samsung Pay among the South Korean people has been growing instantly, exceeding 6.6 million users, that is 12% of the whole nation population.

Source: Wiseapp.co.kr

As we can see from the picture above, the most popular app in the South Korea is Youtube. The second place is occupied by Samsung Pay which proves that the power of such application is big in the country.

Many analysts think that if Samsung Pay integrates cryptocurrency inside, that will be a hit.

Samsung Pay’s Crypto Integration

The rumours about Samsung Pay implements crypto wallet in its app started in late January, when The Korea Herald published an article. One month before an official statement, industry sources claimed that Samsung Pay is behind the Galaxy S10’s cryptocurrency wallet, and that it can begin the cryptocurrency adoption in the country.

On March 8, one of the largest mainstream media outlets in South Korea, Donga, published a report  “Crypto, Flying Away With Samsung Pay on its Back?” saying that Samsung Pay allegedly integrate cryptocurrency to expand its user base internationally. It also says that it will strengthen Samsung Pay as a fintech platform. However, there is no official statement of Samsung Electronics regarding this issue.

The report says:

“Samsung Pay has recently extended the transaction period for overseas users and integrated an international payment processing service, aggressively targeting the global financial services market. At this phase of development, if a cryptocurrency wallet is added to Samsung Pay, the application will be strengthened as a complete fintech platform. Currently, the Samsung Blockchain Wallet is said to be supporting Ethereum but more cryptocurrencies are expected to be integrated in the near-term.”

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Top Global Digital Agencies That You Can Entrust Your ICO Business To

We live in an amazing time, when each of us is able to realize any idea or at least try to do it, even if it is ICO. A startup needs a high-quality development and a launch plan, as well as good promo both online and offline. If you are just at the beginning of your long business journey or you are somewhere along the way, but your project is “not working” properly, you should consider collaborating with professionals in this field. Today we will talk about top-5 digital agencies from different parts of the world based on various ratings and case studies.

1. Crowdcreate – #1 developing marketing agency 

According to Forbes, this ICO agency from Los Angeles is one of the leading cryptocurrency service providers. Crowdcreate has helped more than 60 projects raise about $133 million since its was founded in 2014.

What do they do?

  • Organize a fundraiser;
  • Build a community and management;
  • Attract users;
  • Use influencer marketing, i.e. promote projects with the help of popular opinion leaders.

3 reasons to work with Crowdcreate:

  1. They work on popular online platforms such as YouTube, Reddit, Telegram, Twitter and are featured in well-known media outlets: CNBC, Bloomberg, Forbes.
  2. Crowdcreate has a full-fledged marketing team: the client receives all the necessary services in one place;
  3. They have been working since 2014, which means that the team is at least more experienced in the field of cryptocurrency than other agencies on the market.

2. ICO Box – Box solution for conducting ICOs/STOs

According to The Media Shower, the digital agency ICO Box is ranked second in the Best ICO Marketing Agencies rating.

ICO Box began its work quite recently, only in 2017, but quickly became the leading representative of ICO marketing services in the industry. The agency goes beyond just marketing and includes web development, legal and technical advice in the list of services.

What do they do?

  • Provide technical support for the project;
  • Provide legal advice from experts;
  • Attract users;
  • Digital marketing.

3 reasons to work with ICO Box:

  1. The agency collected over $650 million of investments for 100+ of its clients;
  2. ICO Box assists projects in accordance with US regulations;
  3. Services are divided into many basic and additional packages, which allows the client to choose the type of cooperation he/she needs.

3. FoxTail – changing the digital marketing industry

FoxTail Marketing ranks the 4th in the top-10 rating of Bitcoinist for 2018. This is an American digital agency with a list of successful ICO campaigns. FoxTail Marketing also provides lead generation services for medium-sized businesses. Unlike many agencies, it also provides regular marketing services to companies outside the ICO market.

What do they do?

  • Customize search engine optimization;
  • Social networks;
  • Content marketing;
  • Blog management;
  • Paid content promotion;
  • Email management;
  • Conversion optimization;
  • Optimization of sales funnel;
  • B2B lead generation.

3 reasons to work with FoxTail Marketing:

  1. It focuses on social media and content marketing;
  2. It helps to increase traffic conversion without relying solely on SEO;
  3. It works not only with ICO-projects.

4. BoomICO will raise money for your ICO/STO

This company is the representative of Ukraine among the other marketing agencies in our rating. BoomICO does not just “pack” your ICO, but works with the project since the birth of the idea itself.

What do they do?

  • Legal and technical support of STO/ICO

The defining moment in each ICO is the creation of a token with all legal aspects taken into account. Professional lawyers and technical programmers will help you understand this and prepare everything.

  • Roadshow Event Service

Venture investors are still looking for worthwhile projects with original ideas. BoomICO helps your ICO find big players.

  • Marketing with accredited American investors

BoomICO will present your product to more than 8000 accredited investors by contacting them by email or phone.

  • Promotion at ICOPantera

Korean market whales will become more accessible through the ICO review blog #1 in South Korea.

3 reasons to work with BoomICO:

  1. It has successfully conducted more than a dozen ICOs with the total capitalization of $50 million, some of them being Alttex, RAcoin, and Buddy.
  2. The rating of the agency on ICObench is quite high – 33 points.
  3. BoomICO has access to Korean and US markets, which is rare for most marketing agencies.

5. Black Ball – an investment agency

The company Black Ball works with various projects, attracting both cryptocurrency and fiat investments.

The agency prepares projects no matter what stage of development they are at. Black Ball has a lot of experience working with private and institutional investors from different parts of the world, which makes it possible to promote startups quickly and efficiently.

What do they do?

  • Develop a technical document – WP;
  • Make up a business plan;
  • Prepare a presentation;
  • Work on the creation of an adaptive cross-browser site;
  • Develop smart contracts;
  • Create a secure personal account of the investor;
  • Increase project awareness through branding;
  • Make representative videos;
  • Provide legal support.

3 reasons to work with Black Ball:

  1. The ability to get all the elements of “packaging” in one place;
  2. You will be able to replenish the list of the 38 successfully completed projects and 121 million collected investments;
  3. With Black Ball, you can start working at any stage of the development of your project, even if you only have an idea for now.

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Weblium: A New Website Builder That You Need in 2019

The development of websites is somewhat similar to real estate: despite a number of new buildings, developers are actively generating their business, and are still working in one of the most demanded niches in the market. The same can be said about the websites: there are millions of them, but the number of people willing to make a high-quality platform for their projects does not diminish at all.

That is why the representatives of website designer which contains new features and is able to help various businesses in this difficult tasks are entering the online market.

A newcomer with a “story”

The times when the website could only be created on WordPress are long gone. Therefore, these days website designers are more likely to take part in the “tech arms race”, and try to become more convenient for the client than the competitor.

“We created Weblium, trying to solve the problem of existing market leaders. New website builders today obviously have a technological edge in front of market leaders,” the entrepreneur David Brown, CEO of Weblium, says.

According to the creator of the new platform, the technologically outdated predecessors no longer satisfy the requirements of advanced and experienced users. Today, having a simple and beautiful site does not make any sense, because you need to take into account the requirements of search engines, download speed and security.

From idea to implementation

Weblium is rather not a classic website builder, but more a website helper. The platform not only allows you to create a website yourself, but also to do it from a design point of view “as it should be”.

The first version of Weblium was launched by developers in 2017, introducing the product in the do-it-for me mode to the world, which helps to create “simple, but at the same time tech-friendly, fast and secure sites”.  That time the team realized that users, in addition to high-quality usability, need freedom of creativity, which falls within the framework of a modern adaptive site. And the creators have provided them this advantage in Weblium 2.0.

Gaining momentum

Such a “false start” for Weblium, in consequence, only added the chances to “finish first in the race of technological weapons.” The release of the first version of the sitebuilder allowed us to fix errors and inaccuracies in Weblium 2.0.. Moreover, the developers have spent a huge amount of time and money on the development of artificial intelligence. The patented AI Design Supervisor became a bright business card of the website designer at the beginning of 2019. It is this function that will not let you create a poorly designed project. Personal AI-designer helps to choose compatible colors, fonts, determine the ideal indents, correctly position of all the elements on the site so that they look equally good on any screen. In a word, it helps to avoid design mistakes for those who are far from this sphere.

What does Weblium offer besides AI?

1. Always perfect layouts

No matter how many elements you have in a block, 5 or 50, your website will still look appropriately on any device.

2. Works with any blocks

You can use a block from any template in your website, even if it is not selected as the basis for creating a website.

3. UI-kit is not a smart phrase, but your smart assistant

Smart UI-Kit is one of the components of AI. It allows you to select color schemes, fonts, styles of elements, and apply them in one click to the entire site instead of doing it manually.

4. Without errors

We all make mistakes when writing a text, and this is normol. Here it is, if we wrote this phrase in Weblium, then it would definitely not have missed this.

In addition, the website builder adapts to any device. At any stage of creating a site, even if you need to make it from scratch, Weblium will help you with this.

At the moment, Weblium is actively collecting requests for creation of a new functional, and so far everyone insists that the ability to hear the end user is the very key to a good product.

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How To Read Trading Charts

Cryptocurrency exchanges work on the same principle as traditional exchanges. Potentially, it is possible to earn very good money on these platforms, but for this, it is needed to be able to correctly read the cryptocurrency coin chart. Of course, in order to become a professional trader, it needs to learn and practice a lot, but if your goal is to understand the basics, this article will be an excellent starting point in the exciting world of trading for you.

There are a huge variety of different charts, but the most common is the “Candlestick chart”. The chart is a much more informative tool than digital or text analysis. Using graphics, it is possible to quickly navigate and understand the current mood of the crowd, as well as the balance of power between sellers and buyers of a particular asset. Based on the obtained data, it is possible to calculate the potential profitability or unprofitability of a particular deal.

1. The main types of stock charts

As it was mentioned above, there are a huge number of different types of charts, but the main ones are lines, bars, and candlesticks. All of these tools (with the exception of the line charts) can tell about:

  • price at the beginning of the selected period (1 minute, 5 minutes, 15 minutes, 1 hour, 1 day, 1 week, etc.);
  • price at the end of the selected period;
  • the minimum and maximum rate of the selected period.

By and large, the crypto chart clearly shows the history of the struggle between bulls and bears. In the process of this confrontation, a large number of deals are made. It should be understood that even a slight fluctuation of the price means that some have already earned on it, while others, on the contrary, have suffered losses.

2. “Candlestick chart”

Let’s take a closer look at the most common version of charts, namely “Candlestick chart”. It was invented almost 400 years ago by a rice seller from the country of the Rising Sun. The process of observing a line chart is not entirely convenient; for this reason, the construction of “Candlestick chart” is based on the principle of dividing the total time into specific periods. This principle helps to quickly navigate what is happening on the market and, accordingly, to give the Bitcoin trend prediction or any other financial asset forecast.

3. How to read the chart “Candlestick chart”?

One candle represents the range of prices for an asset for a certain period of time. The boundaries of the candle are the lowest and highest asset price in this period of time. If the candle`s color is green, this means that the asset has increased in value over a given period of time; if it is red, then, on the contrary, it has fallen.

Source: https://www.tradingview.com/

If you look closely at the above chart, you will notice:

  • the candle corresponds to the time interval – 60 minutes;
  • the minimum asset price was $3485,24;
  • the maximum asset price was $3733.58;
  • This hour began with a price of $3506,42 and ended with the price of $3687 (for this reason, the candle is green).

The main parameters that should be paid attention to when reading cryptocurrency charts are:

  • asset price;
  • time;
  • trading volume.

By and large, the entire analysis of charts is an ordinary calculation of the balance between supply and demand. It is possible to estimate the level of the strength of bulls or bears through the asset price (vertical axis) and the volume of transactions (horizontal axis). These skills allow experienced traders to take the right position in advance and earn money on any price movement.

4. Conclusion

In this article, we talked about how to read cryptocurrency charts. As it was mentioned above, there are a huge number of different types of charts, but the most popular and often used is the option “Candlestick chart”. The basic principle of this type of charts is to divide the time into certain periods. It is quite informative and easy to read. If you want to start trading, then you definitely need to get a deeper understanding of this topic.

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