To create a PAX Gold wallet, simply download the Noone wallet app from App Store or Google Play, follow the setup instructions, and choose to create a new PAX Gold wallet. The process is intuitive and user-friendly.
Create PAX Gold wallet
You can always use the Noone blockchain wallet as a multi-currency wallet for more than 1000 crypto assets or as a mono-wallet, for example - PAX Gold wallet to safely manage all of your PAX Gold token.
What is PAX Gold
PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. Designed as an ERC-20 token, PAX Gold has the flexibility and availability of crypto assets, while at the same time representing physical gold - no storage fees. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. The cryptocurrency was created in 2019. Charles Cascarilla is the founder and chief executive officer of both Paxos Standard and Pax Gold.
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Exchange PAX Gold to other tokens or coins
Users can easily and quickly create their own portfolio without the risk of price fluctuations during exchange.
Our exchanges with float and fixed rates are a guarantee of receiving the exact amount of cryptocurrency without hidden fees.
Send & Receive PAX Gold
With Noone Wallet receiving and sending cryptocurrency is fast and simple.
Secure wallet
for PAX Gold
Private keys are under client control, they are never sent or stored outside your device.
Non-custodial wallet with no registration or KYC required can be accessed on iOS, Android and Web. User is the only owner of the private key.
Frequently asked questions
A PAX Gold wallet address is a unique identifier associated with your PAX Gold wallet. It is a combination of alphanumeric characters that you can share with others to receive PAX Gold. Think of it as your digital "account number" for PAX Gold transactions.
When you create a PAX Gold wallet using Noone wallet, the app automatically generates a PAX Gold wallet address for you. You can find your PAX Gold wallet address within the app, in the "Receive" section.
To ensure the security of your PAX Gold, we advise taking the following precautions:
- Enable two-factor authentication (2FA) for an added layer of security.
- Use strong, unique passwords and avoid sharing them with anyone.
- Keep your wallet app up to date with the latest version to benefit from security enhancements.
- Exercise caution when sharing your mnemonic phrase or private keys, as they grant access to your tokens.
- Safeguard your mnemonic phrase in a secure location and avoid the risk of losing it.
By following these measures, you can enhance the security of your PAX Gold and protect them from unauthorized access or loss.
Absolutely! Noone wallet is committed to safeguarding your PAX Gold with several security measures:
- With Noone wallet, you have complete control over your PAX Gold. Your private keys, which grant access to your funds, are generated and stored securely on your own device. This means that only you have the ability to manage and transact with your PAX Gold.
- Noone wallet incorporates various security measures to keep your tokens safe. Our app undergoes regular updates to address potential vulnerabilities and benefit from the latest security patches. We also employ tamper-proof design techniques, making it difficult for malicious actors to tamper with the app.
- Our wallet complies with industry standards, such as the OWASP MASVS for mobile application security. We also subject the mnemonic phrases generated by our system to rigorous testing (NIST SP 800-22) to ensure their strength and reliability.
- We follow widely accepted blockchain industry standards (BIP32, BIP39, and BIP44), enabling compatibility with other wallets. This means you can easily import or recover your PAX Gold wallet in other supported wallets if needed.
Learn more about our security features on blog.
Yes, Noone wallet is available as a mobile app, allowing you to securely manage your PAX Gold on the go. Simply download the app from Google Play or App Store, create an account or import an existing wallet, and start managing your PAX Gold conveniently from your mobile device.
Additionally, for desktop users, we also provide a browser extension that allows you to access and manage your PAX Gold wallet on your desktop browser.