Pax Dollar wallet

The best cryptocurrency wallet for your Pax Dollar coins

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

Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet.
The Pax Dollar (USDP) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar.

The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology.

Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements.

Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that.

What is a Pax Dollar wallet?

To store and manage Pax Dollar, you need a compatible cryptocurrency wallet.
Manage your assets 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 Dollar, view transaction history, and more, depending on its capabilities.

How to get a Pax Dollar wallet?

01

Get Ledger Nano

Select and purchase a Ledger cryptocurrency 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 cryptocurrency wallet

02

Download and install extension

Download and install a compatible third-party wallet that lets you manage your Pax Dollar.

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 Dollar 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 Dollar 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 Dollar coins secure

Secure multiple assets, including Pax Dollar 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 Dollar assets with the first and only independently-certified Pax Dollar 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 Dollar 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 token, 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 hardware wallet to spend, withdraw, or transfer your assets.

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 crypto 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 coins.

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