Peercoin wallet

The best crypto wallet for your Peercoin

Secure your Peercoin coins with the most trusted wallet. Cold storage wallets are encrypted devices that store your Peercoin tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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How to use Peercoin with Ledger

What is Peercoin?

One of the oldest cryptocurrencies besides Bitcoin, Peercoin is prominently remembered as the original pioneer of the proof-of-stake (PoS) consensus, which has become prevalent among many emerging cryptocurrency networks.

Peercoin is a public blockchain network that was created in 2012, and focuses on building a robust alternative to Bitcoin’s energy-intensive PoW consensus, with some unique characteristics like on-chain voting and the inclusion of PoW mining for more equal distribution of tokens.

What is a Peercoin wallet?

To store and manage Peercoin, you need a compatible hardware wallet. Whether you’re looking to keep your coins safe and HODL or manage them on a daily basis, Ledger has the right product for you.

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 Peercoin, view transaction history, and more, depending on its capabilities.

How to get a Peercoin cryptocurrency wallet?

01

Get a Ledger Nano

Select and purchase a Ledger crypto 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 Nano

Compare Ledger wallet

02

Download and install Metamask extension

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

Download Metamask extension

03

Connect your Ledger Nano to your Metamask

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

You’re all set, you can now use your Metamask and receive Peercoin!

Peercoin at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can send/receive Peercoin.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

1

The best way to keep your Peercoin coins secure

Secure multiple assets, including Peercoin 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 Peercoin assets with the first and only independently-certified Peercoin 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 Peercoin 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

Peercoin is the original PoS cryptocurrency, and enables any node to participate in the staking process with its native PPC coin. However, Peercoin utilizes a hybrid PoS/PoW mechanism for the network, with PoS operating as the security and voting component, and PoW mining used to more fairly distribute PPC coins to users.

The hybrid consensus design is primarily crafted to enforce balance the distribution and security of the network over time. Miners mine PPC coins, which are then sold on exchanges for profit, purchased by stakers, who subsequently use them to mint blocks via the PoS block minting process. Miners enable a continual distribution of PPC coins to PoS minters in a more egalitarian fashion.

Stakers in the network can participate in the governance of the network through on-chain voting that determines the direction of the protocol.

Voting is carried out through a process called “Proof-of-Stake Minting,” and is correlated to the stake of PPC that users hold. Voting through this mechanism makes protocol changes more dynamic than off-chain governance procedures, such as those conducted with Bitcoin and Ethereum.

PPC coins are perpetually inflated at a rate of 1 percent annually, but notably, are only distributed to stakeholders that participate in the minting process.

When you first buy asset, 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 crypto wallet to spend, withdraw, or transfer your cryptocurrencies.

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 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 cryptos.

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