To create a PAX Dollar wallet, simply download the Noone wallet app from App Store or Google Play, follow the setup instructions, and choose to create a new PAX Dollar wallet. The process is intuitive and user-friendly.
Create PAX Dollar 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 Dollar wallet to safely manage all of your PAX Dollar token.
What is PAX Dollar
Pax Dollar is an ERC-20 stablecoin created by Paxos Trust Company and is a token that is backed one-to-one by USD deposits. Pax is the world's first regulated token controlled by DFS (New York State Department of Financial Services). A distinctive feature of USDP is that new tokens can only be created if an equal amount of dollars has been deposited into a Pax regulated bank account. If the user decides to return the dollars, he sends USDP to the company and they are burned. The company does not charge any commission for the conversion or redemption of USDP tokens. The minimum conversion amount is $100. Pax Engages Third Party Auditors to Verify USDP / USD Ratio
Since USDP is built on the Ethereum blockchain, it can be used as programmable money for smart contracts or to interact with dApps. It was created in 2018.
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Buy PAX Dollar with Apple Pay or credit card
You can take your first steps with PAX Dollar for as little as $50, and you don't need to go through KYC for purchases up to $150.
Exchange PAX Dollar 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 Dollar
With Noone Wallet receiving and sending cryptocurrency is fast and simple.
Secure wallet
for PAX Dollar
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 Dollar wallet address is a unique identifier associated with your PAX Dollar wallet. It is a combination of alphanumeric characters that you can share with others to receive PAX Dollar. Think of it as your digital "account number" for PAX Dollar transactions.
When you create a PAX Dollar wallet using Noone wallet, the app automatically generates a PAX Dollar wallet address for you. You can find your PAX Dollar wallet address within the app, in the "Receive" section.
To ensure the security of your PAX Dollar, 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 Dollar and protect them from unauthorized access or loss.
Absolutely! Noone wallet is committed to safeguarding your PAX Dollar with several security measures:
- With Noone wallet, you have complete control over your PAX Dollar. 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 Dollar.
- 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 Dollar 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 Dollar 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 Dollar conveniently from your mobile device.
Additionally, for desktop users, we also provide a browser extension that allows you to access and manage your PAX Dollar wallet on your desktop browser.