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PAX Gold wallet

The most secure hardware wallet for your PAX Gold

Guard your PAX Gold with Tangem's trusted hardware. Join our large community of satisfied users now!

Get PAX Gold wallet
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How to secure your PAX Gold with Tangem?

When you buy or hold PAX Gold in Tangem, it secures your private keys in many ways:

How to get a PAX Gold Crypto Wallet?

Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.

Get Tangem
Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose PAX Gold wallet with Tangem.

Privacy

No registration and KYC required to use the app. We don't track your data.

Security

Your private keys are encrypted and never leave your device. Only you have control over your funds.

Convenient designs

Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.

24/7 Customer care

Fast support for your needs. Live chat and email support for customers from all over the globe.

What is PAX Gold (PAXG)?

PAX Gold (PAXG) is a distinctive digital currency designed to mirror the value and benefits of physical gold. Each token of PAXG corresponds to one fine troy ounce of a gold bar meeting the standards of London's Good Delivery. These gold bars are securely held in professional vaults, with Paxos Trust Company overseeing them as the custodian. As a PAXG holder, you essentially own a portion of the physical gold.

What is a PAX Gold wallet?

A PAX Gold wallet is a digital tool that holds the private keys necessary to access your PAX Gold account. While the wallet itself does not store the actual PAXG tokens, which reside on the blockchain, it enables the management of your PAX Gold tokens by creating and securing your private keys. Fundamentally, it's key to sending, receiving, and controlling your PAX Gold holdings.

How does a PAX Gold wallet work?

PAX Gold wallets manage accounts on the blockchain through a combination of public and private keys. While the public key can be shared to receive PAX Gold, the private key must remain confidential to safeguard access to your account. Accessing your PAXG funds requires the appropriate private key. The Tangem Wallet is an example, generating and storing these private keys within its secure chip.

What are the types of PAX Gold wallets?

  • Exchange PAX Gold Wallets:
    Centralized exchanges like Coinbase and Binance offer PAX Gold wallets that enable purchases using fiat money. However, the use of custodial wallets on these platforms introduces potential risks, such as the possibility of losing access.

  • Software PAX Gold Wallets:
    These wallets are installed on electronic devices, helping you manage your PAX Gold tokens. They are user-friendly but susceptible to cyber threats like malware. Variants of software wallets include mobile, desktop, and browser wallets.

  • Mobile PAX Gold Wallets:
    Smartphone applications that allow for on-the-go management of PAX Gold tokens.

  • Desktop PAX Gold Wallets:
    Designed for computers, they store private keys directly on your device.

  • Hardware PAX Gold Wallets:
    Secure offline storage options, such as Tangem, which protect your tokens from online risks.

How to Choose the Best PAX Gold Wallet

Choosing a wallet depends largely on your personal needs, balancing ease of use with security and reliability. For secure storage of significant amounts of PAXG and protection against online threats, a hardware wallet like Tangem is often considered the best option.

PAX Gold PAXG
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Tangem supports other cryptocurrencies

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PAX Gold FAQ

  • You can buy PAX Gold on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
  • For long-term storage of PAX Gold, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
  • Transfer fees for PAX Gold depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
  • To create a wallet for PAX Gold, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • Pax Gold (PAXG) is a stablecoincreated by Paxos Standard that is backed by physical gold.
  • PAX Gold (PAXG) is a digital asset backed by physical gold. Paxos Trust Company is the custodian for PAX Gold tokens and their associated physical gold bars.
  • PAX Gold (PAXG) is a commodity-backed, gold stablecoin issued by Paxos. Each token is backed by 1 fine troy ounce of gold kept in Brink's vaults managed by Paxos. PAXG allows for exposure to Gold markets without using an ETF, futures contract, or other derivative product.

Tangem Wallet

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Sleek black exterior, bold blue interior – holds up to 4 cards.

Cardholder Size: 10x7.5x1cm
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