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Block.io VS Jaxx

Compare Block.io VS Jaxx and see what are their differences

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Block.io logo Block.io

Block.io is the safe and powerful wallet for your coins that conveniently manage your bitcoin, dogecoin, and litecoin by using a single platform.

Jaxx logo Jaxx

Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension
  • Block.io Landing page
    Landing page //
    2021-07-05
  • Jaxx Landing page
    Landing page //
    2022-10-22

Block.io features and specs

  • User-Friendly Interface
    Block.io offers an intuitive and easy-to-use interface, making it accessible for beginners who want to engage in cryptocurrency transactions without technical barriers.
  • Multi-Currency Support
    Block.io supports multiple cryptocurrencies, allowing users to manage various digital assets from a single platform.
  • Security Features
    With features like multi-signature wallets and cold storage options, Block.io prioritizes the security of users' funds, reducing the risk of unauthorized access.
  • API Integration
    Block.io provides robust API support for developers, facilitating seamless integration with other applications and services for various use-cases like payment processing.
  • Automated Backup
    The platform offers automatic backup of wallet data, which ensures that users can recover their assets in the event of data loss.

Possible disadvantages of Block.io

  • Centralization Risk
    As a custodial service, users are required to trust Block.io with their private keys, which introduces a risk if the platform itself is compromised.
  • Limited Advanced Features
    Compared to other cryptocurrency platforms, Block.io might lack some advanced features that experienced traders and developers might require.
  • Transactional Fees
    Block.io charges fees for transactions and other services, which could be higher compared to using native blockchain networks directly.
  • Dependency on Service Uptime
    Users' access to funds and transactions relies on Block.io's server and service uptime, potentially posing a risk if the service is down.
  • Regulatory Challenges
    Operating as a centralized service, Block.io might face regulatory challenges in certain jurisdictions, affecting its operational stability and user accessibility.

Jaxx features and specs

  • Multi-Currency Support
    Jaxx supports a wide variety of cryptocurrencies, allowing users to manage multiple assets in one wallet.
  • Cross-Platform Compatibility
    The wallet is available on multiple platforms including Windows, macOS, Linux, Android, and iOS, enabling users to access their wallet from various devices.
  • User-Friendly Interface
    Jaxx features an easy-to-navigate and intuitive interface, making it accessible to both beginners and experienced users.
  • Built-in Exchange
    The wallet includes a built-in exchange feature that allows users to quickly swap between supported cryptocurrencies without needing to use an external exchange.
  • Integration with ShapeShift
    Jaxx is integrated with ShapeShift, facilitating seamless in-app conversion between different cryptocurrencies.
  • Decentralized
    Jaxx does not store user funds or private keys on its servers, providing a higher level of control and security to the users.
  • Backup & Recovery
    Jaxx offers a backup and recovery option via a 12-word master seed, ensuring that users can recover their funds even if they lose access to their device.

Possible disadvantages of Jaxx

  • Security Concerns
    As a hot wallet, Jaxx is connected to the internet and may be more susceptible to hacking attempts compared to cold storage options.
  • Limited Customer Support
    Users have reported that customer support can be slow to respond, potentially making it challenging to resolve any issues quickly.
  • Lack of Advanced Features
    While Jaxx is user-friendly, it may lack some advanced features sought by experienced traders and investors, such as detailed transaction monitoring tools.
  • Performance Issues
    Some users have reported occasional bugs and performance issues, including slow loading times and crashes.
  • Not Fully Open-Source
    Jaxx has some components that are not open-source, which can be a drawback for users who prioritize full transparency in the software they use.
  • Relatively High Exchange Fees
    Using the built-in exchange feature and ShapeShift integration can sometimes result in higher fees compared to using dedicated cryptocurrency exchanges.

Analysis of Block.io

Overall verdict

  • Block.io is considered a good option for those who require a reliable and secure API for managing cryptocurrency transactions. Its ease of use, security features, and support for multiple cryptocurrencies make it a convenient choice for developers and businesses.

Why this product is good

  • Block.io provides a user-friendly API for managing Bitcoin, Litecoin, and Dogecoin wallets. It offers features such as multi-signature wallets, instant withdrawals, and a focus on security with PIN-protected systems. The service is beneficial for developers and businesses looking to integrate cryptocurrency transactions into their applications without dealing with the complexities of blockchain management.

Recommended for

  • Developers building cryptocurrency applications
  • Businesses looking to integrate cryptocurrency transactions
  • Users who need multi-signature wallets for enhanced security
  • Anyone wanting to simplify cryptocurrency transactions with an API

Analysis of Jaxx

Overall verdict

  • Jaxx is generally considered a solid choice for those looking for a versatile and easy-to-use cryptocurrency wallet, especially for beginners and those managing multiple assets. However, it's important for users to assess their own security needs, as the wallet's security mechanisms may not be sufficient for everyone.

Why this product is good

  • Jaxx is a popular cryptocurrency wallet known for its user-friendly interface and support for a wide range of cryptocurrencies. It allows users to manage multiple blockchain assets in a single application, providing convenience for those who hold a diverse portfolio. It also offers features like ShapeShift integration for easy conversion between currencies, as well as key storage on the user's device, which can enhance security by keeping private keys offline.

Recommended for

  • Cryptocurrency beginners
  • Users holding a diverse crypto portfolio
  • Individuals looking for a multi-platform wallet
  • Anyone interested in easy crypto-to-crypto conversion

Block.io videos

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Jaxx videos

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What is the Best CryptoCurrency Wallet? EXODUS Review vs Jaxx

More videos:

  • Review - Jaxx wallet vs Exodus wallet
  • Tutorial - Jaxx Wallet Tutorial Review Shapeshift

Category Popularity

0-100% (relative to Block.io and Jaxx)

Block.io

Jaxx

Cryptocurrencies
14 14%
Cryptocurrencies
86% 86
Cryptocurrency Wallets
14 14%
Cryptocurrency Wallets
86% 86
Business & Commerce
100 100%
Business & Commerce
0% 0
Crypto
0 0%
Crypto
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Block.io and Jaxx

Block.io Reviews

We have no reviews of Block.io yet.
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Jaxx Reviews

20 BEST Bitcoin Wallets | Top Crypto Wallets in 2021
Jaxx is a popular multi-currency, multi-platform all-in-one cryptocurrency wallet. It allows you to exchange more than 80 cryptocurrencies using the Jaxx wallet.
Source: www.guru99.com
🔥👛 The TOP 5 BEST ALTCOIN wallets: an overview 👛🔥
Jaxx is a multiplatform multicurrency wallet. The private keys are stored on your device. It has a beautiful UI, is really sleek and easy to use, and has shapeshift built in. What's great about Jaxx is that it supports every major platform. Desktop clients available for Mac, Windows and Linux. Mobile clients available for iOS and android, and hardware wallet support coming...
Source: steemit.com

Social recommendations and mentions

Based on our record, Block.io should be more popular than Jaxx. It has been mentiond 14 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Block.io mentions (14)

  • Communicate with the block.io company
    Does anyone know a way to be able to communicate directly with block.io management / CEO. Source: about 2 years ago
  • NEED HELP
    OK so I signed up to block.io. It looks dodgy AF to me! But the backup contains an xprv and a bip39 seed phrase... Unfortunately I can't make them make matching addresses. I suggest trying to restore the seed into a mobile wallet like Coinomi and see if it can find your funds. Source: over 2 years ago
  • Block.io locked me out of my account. how can i sweep all my coins with my private keys
    We run a crypto ATM and fortunately the manufacturer contacted them on our behalf about the account lock and managed to unlock it. When we tried to email block.io, it was always NO reply EVER. We tried emailing about a different topic on a different email address and they replied within the day so they clearly saw the emails but refused to reply. Source: over 2 years ago
  • Block.io locked me out of my account. how can i sweep all my coins with my private keys
    I got locked out of my block.io account for no reason. Thankfully I was able to get my private keys. Source: over 2 years ago
  • block.io issues
    Block.io support can you give a detailed explanation on how to export or sweep btc from block.io wallet to another external wallet using private keys from block.io. Source: over 2 years ago
View more

Jaxx mentions (3)

  • Bitcoin fake transaction software
    -The wallet supported: blockchain, coinbase, block.io, jaxx.io, coinpayment, and other wallets that do not wait for confirmation before updating the wallet balance. Source: about 3 years ago
  • Scam Website www.jaxx.sh
    Friend got scammed by going to www.jaxx.sh. Looks legit, asks for backup seed phrase and then takes you to your real jaxx.io wallet. 24 hours later all funds drained! Beware. Source: over 3 years ago
  • Jaxx Liberty Hacked
    What phone do you have? Android or iOS? How did you download the app – via the official website jaxx.io or did you go to the app store and search for it that way? If the latter, you could have downloaded a fake app that steals your keys (this has happened to people very often, just look at old posts on this sub). Or maybe malware got installed on your phone. Source: about 4 years ago

What are some alternatives?

When comparing Block.io and Jaxx, you can also consider the following products

Toshi - A browser for the Ethereum network

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

MyEtherWallet - MyEtherWallet is a free, open-source, client-side interface.

Trezor.io - The Hardware Bitcoin Wallet

Atomic Wallet - Secure cryptocurrency wallet for Bitcoin, Ethereum, Ripple, Litecoin, Stellar and over 500 tokens. Exchange and buy crypto for USD with credit card in seconds.

Coinbase - Bitcoin, safe and easy.

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