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Crypto wallets (15)
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Jaxx vs Coinomi in comparison

Overview

Description

The Jaxx Liberty Wallet, developed in 2014 by Ethereum co-founder Anthony Di Iorio, is one of the more established crypto wallets. Jaxx provides a straightforward solution for storing over 80 cryptocurrencies. Additionally, the app features an interface for trading cryptocurrencies and offers a current overview of crypto news.

Jaxx
Reviews

Coinomi, one of the oldest software wallets on the market, prioritizes security and privacy. Since its launch in 2014, it has been trusted by millions of users, showcasing a robust track record. The app is designed to be very simple, yet it provides all essential functions.

Coinomi
Reviews
Pro's & Con's
Pro's
  • Established presence in the market
  • In-app cryptocurrency news updates
  • Integrated block explorer
Con's
  • Outdated design
  • Limited functionality
  • No Web3 interface
  • Lack of NFT support
Pro's
  • Long-established presence since 2014
  • Simple and user-friendly interface
  • Supports numerous cryptocurrencies
  • Integrated DApp browser
Con's
  • Infrequent software updates
  • Outdated design

User Interface

Information

Wallet type
Software
Software
Price (Hardware)
Supported assets
80
+
1770
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
39,684 followers
67,098 followers

Hardware

Screen
Interfaces
Service
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
Dimensions
Weight
Scope of delivery

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (12 words
Recovery Seed (24 words)
Unique Features
  • Blockchain Explorer

-

Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
5.8
10
5.8
10
Our individual ratings
Operation
6
7
complicated
simple
Supported Assets
80
1770
simple
extensive
Security & Trust
6
6
simple
extensive
Functions & Scope
6
6
simple
extensive
Beginner friendliness
7
6
simple
extensive
Support
4
2
simple
extensive

About

The Company
Decentral Inc.
Coinomi
Headquarters
Canada
British Virgin Islands
Company size
Small
Medium
Large
Small
Medium
Large
Founder
Anthony Di Iorio
George Kimionis
Year of foundation
2014
2014

Our Review

Jaxx offers a robust and straightforward solution for cryptocurrency management. However, compared to other software wallets, the app is somewhat more complex, and the user onboarding process isn't as seamless or beginner-friendly as some of its competitors. Additionally, its ease of use falls short of the standards set by more modern wallets. Consequently, we can't fully recommend Jaxx, particularly given its relatively limited functionality. For instance, it lacks an interface for decentralized applications (web3) and doesn't support NFTs.

Jaxx
Review

Coinomi Wallet is a seasoned player in the crypto space, offering a straightforward and functional interface for managing, buying, and exchanging cryptocurrencies. The software places a strong emphasis on security and privacy. Within the app, users can buy and exchange cryptocurrencies, and an integrated DApp browser provides access to various decentralized applications. While Coinomi is a reliable wallet, we would recommend considering a more modern software wallet. Additionally, the product sees little active development and appears somewhat outdated after all these years.

Coinomi
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
July 9, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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