How secure is it?

I was looking at the article (How to add Jaxx Liberty wallet to CoinTracker?) regarding adding jaxx wallet - I notice it suggests putting your private mnemonic into some random website… surely that’s not safe or secure? can someone advise?

There is absolutely a risk of putting your mnemonic anywhere. This is admittedly not an ideal solution however unfortunately Jaxx doesn’t make it easy to export your HD wallet address. And without exporting your transactions, you can’t calculate your taxes.

This means that solution options are:

  • Follow the mnemonic instructions
  • Run the code of the open-source mnemonic tool locally on your own device
  • Switch from Jaxx to a wallet that enables you to get your own HD addresses (and add mnemonic after switching wallets)
  • Add the transactions manually or via CSV upload