PAX Gold wallet

The best crypto wallet for your PAX Gold coins

Secure your PAX Gold assets with the most trusted cold wallet. Cold storage wallets are encrypted devices that store your PAX Gold tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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What is PAX Gold?

Pax Gold is a digital asset that is backed by physical gold stored in secure, professional vault facilities. Each PAXG token represents one fine troy ounce of a London Good Delivery gold bar. This cryptocurrency was created by the same team that developed Paxos Standard (PAX) and was launched in September 2019.

The main goal behind Pax Gold is to democratize gold ownership by making it available on the blockchain with the speed and mobility of a digital asset. It means making gold more tradable, without the hassle of physical storage and security.

PAXG is an ERC-20 token running on the Ethereum blockchain. Anyone can buy or trade PAXG tokens on a large variety of exchanges and has become an accessible way for traders to start investing in gold. And as a crypto asset, PAXG doesn’t have a minimum investment amount. It’s a fungible token divisible up to 18 decimal points. These features make a low entry barrier and possible for you to own fractional ownership of physical bars gold.

Since the amount of gold in reserves always matches the supply of PAXG tokens on the blockchain, Paxos allows you to redeem PAXG tokens for gold bullion bars at any point.

What is a PAX Gold wallet?

To store and manage PAX Gold, you need a compatible hardware wallet. Manage your coins with a compatible third-party wallet while keeping them safe with a Ledger device:

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Third-Party Wallet

Third-party wallet allows you to buy, send/receive, and swap PAX Gold, view transaction history, and more, depending on its capabilities.

How to get a PAX Gold crypto wallet?

01

Get Ledger Nano

Select and purchase a Ledger wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger NanoCompare Ledger crypto wallet

02

Download and install extension

Download and install a compatible third-party wallet that lets you manage your PAX Gold.

Download extension

03

Connect your Ledger Nano to wallet

  1. Connect your Ledger Nano to a computer/smartphone and unlock it.
  2. Open your wallet extension.
  3. Connect your wallet to Ledger Nano.

You’re all set, you can now use wallet!

Buy, manage, and stake PAX Gold at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive, (swap), and stake PAX Gold to generate passive income. Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

1

The best way to keep your PAX Gold coins secure

Secure multiple assets, including PAX Gold using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your PAX Gold assets with the first and only independently-certified PAX Gold wallet on the market.

Discover our Nano S Plus
Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth enabled secure and CES award winning device that protect your PAX Gold assets.

Discover our Nano X

Choice of 5,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

Frequently Asked Questions

When you first buy crypto, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your wallet to spend, withdraw, or transfer your coins.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano hardware wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano hardware wallets keep your keys secure and give you complete control over your tokens.

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