This guide will explain how to setup Jaxx on your PC, how to link Jaxx with your app on other devices (phone, tablet), how to transfer funds and shapeshift them into different crypto currency and/or tokens.
But firstly, what is Jaxx?
Jaxx is not just your average digital wallet. You can look at it as a block-chain interface, supporting multiple crypto currencies and ERC20 tokens.
It also provides direct conversion from one crypto currency (or token) to another - this process is called shapeshifting.
Cofound.it and Jaxx partner up
Here is a great article regarding the Jaxx and Cofound.it partnership and what to expect in the future.
Download and setup:
NOTE for apple users: Apple can be a bit "slow" when adding the updates to the store. Each token Jaxx adds to the wallet is essentially new update for the mobile app, and Apple needs to approve it - so we can expect that some tokens will not be visible in Jaxx wallet on the iOS app prior pre-slae start.
To download Jaxx go to https://jaxx.io and click on button in the upper right corner of the page. This guide will describe the installation of the windows desktop edition. So download appropriate Jaxx edition based on your OS.
When you download for windows, you will get a zip file. Create new folder on your desktop, and extract the contents of the zip file into it. You will end up with jaxx-assets folder and Jaxx.exe file. Doubble-click the exe file to begin.
When you download for OS X, you will get a dmg file - just install it and execute the application.
Select "CREATE NEW WALLET" and click "continue".
We will be selecting which crypto currencies and tokens we would like to have in Jaxx as we go, as well as setting up security PIN, so select "CUSTOM" and proceed.
On the next screen choose your crypto currencies and tokens you would like to see in Jaxx.
Then select your FIAT currency to represent the actual value of your portfolio.
Since this is your new Jaxx wallet, we will create a backup phrase. Mark the checkbox in the lower left corner and click "CONTINUE".
Write down your backup phrase and store it in a secure location. You will need it to pair your Jaxx phone app with your wallet or to recover your Jaxx wallet in case you remove it. Click "CONTINUE" when finished.
Confirm your backup phrase on the next screen and click "NEXT".
Now mark the check-box in the lower left corner and continue to set your security PIN number.
Choose your PIN (remember it) and continue
Then verify your PIN number and continue.
After a while your Jaxx will open. Let's see what is what...
- Switch between currencies and tokens
- Shapeshift from one currency/token into another (currency conversion)
- Your wallet address for selected currency/token - on the picture I have selected BTC, so this is my BTC wallet address. When you change the currency, the address wallet is also changed.
- Your current balance of selected currency/token
- Your current balance of selected currency/token represented in your native FIAT currency
On the right side, you can see transaction history - we will cover this part later in the guide.
In the right upper corner you can access your MENU where you can make changes to your account, WALLETS where you can add additional wallets for different currencies/tokens and CURRENCY where you can change your FIAT currency.
For more information check the HELP section under MENU or go to Jaxx knowledge base.
To link your Jaxx wallet you have set up on your PC with your phone or tablet app do the following:
Go to app store/market and download Jaxx Blockchain wallet app:
Alternatively you can use the links from Jaxx website. Open the app and you will be again greeted by the release notes and EULA - CONTINUE and ACCEPT
On the next screen select PAIR / RESTORE WALLET and continue to enter your Backup Phrase or scan your QR code directly from Jaxx wallet on your PC - it can be found under MENU > TOOLS > Pair Devices > Display Paring Code.
Continue to EXPRESS setup, select the currencies and tokens you would like to have access to (just like in setup for PC) and continue.
Wait for the interface to load, and you are done.
Like in PC version, you can enable security PIN under MENU > SETTINGS > Setup Security PIN.
Depositing ETH to Jaxx
Open your Jaxx, and switch to ETH wallet, to access your ETH wallet address.
Click to copy your ETH wallet address and paste it into your transfer window destination address - in this example I'm using MyEtherWallet to transfer ETH to Jaxx wallet. You can transfer ETH from any valid ETH wallet or exchange.
After a while, you will get new transaction entry under transaction history. Your transaction is waiting for at least 12 conformations from the network in order to become valid. This process takes a few minutes - depending on how busy the network is.
You can check your transaction in ether scanner directly from Jaxx by clicking on the Transaction ID.
Sending ETH from Jaxx
Similar as depositing, you send ETH firstly by selecting your ETH wallet in Jaxx.
- Select your ETH wallet
- Click on "Send" button - dialog will expand
- Copy-paste your destination wallet address - where you are sending the ETH
- Enter the amount of ETH you want to send or click the "MAX" button to auto-fill the filed with the maximum available amount.
- Click on "Send" button to continue
A conformation widow will pop-up on your right, click "CONFIRM" to initiate the transaction.
After a while you will see new entry in the transaction history.
Now that you have your wallet loaded with some ETH or other crypto currency, let's see how to convert it.
Shapeshifting is a Jaxx-way of saying currency conversion. Let's take a look how it works. In this example I will be converting ETH to ICN.
- First select currency you would like to convert (ETH in this example)
- Click on the Shapeshift button - dialog will expand
- From the drop down menu select the currency/token you want to convert to. Your conversion rate will be updated accordingly.
- Enter the amount (of ETH) you would like to convert or press the "MAX" button to auto-fill the filed with the maximum available amount.
- Click on "Shift" button to continue.
A conformation widow will pop-up on your right, click "CONFIRM" to initiate the conversion.