by Lumi Wallet

PAX Dollar wallet

Free PAX Dollar wallet for Web, Android, and iOS. Send, Receive or Exchange PAX Dollar for more than 1000 coins and tokens.

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.

Buy crypto with Apple Pay or credit card

You can take your first steps in cryptocurrency for as little as $50, and you don't need to go through KYC for purchases up to $150.
How to buy crypto with Apple Pay

Send & Receive PAX Dollar

With Lumi Wallet receiving and sending cryptocurrency is fast and simple.

Exchange crypto to other tokens or coins

Users can easily and quickly create their own portfolio without the risk of price fluctuations during exchange.

Instant exchange with a fixed rate is a guarantee of receiving the exact amount of cryptocurrency without hidden fees.

High-level security

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.

Do you still have any questions?

If you still have any questions please visit support page or check our knowledge base.

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Guide how to create a wallet and buy bitcoin in less than 10 minutes.

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