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Author Topic: Ledger and USD-Digital (PAX)  (Read 48 times)
sellcoins (OP)
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February 07, 2021, 01:41:18 PM
 #1

Hello. I've ordered a ledger nano x and should arrive soon.

I have a blockchain wallet where there's usd-digital crypto stored in. I've seen it's ERC-20 token, but only on blockchain it's called USD-Digital (Before that it was USDPAX). I wonder how can i transfer those usd digital money to my new ledger?
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February 07, 2021, 03:12:42 PM
 #2

Hello. I've ordered a ledger nano x and should arrive soon.

I have a blockchain wallet where there's usd-digital crypto stored in. I've seen it's ERC-20 token, but only on blockchain it's called USD-Digital (Before that it was USDPAX). I wonder how can i transfer those usd digital money to my new ledger?

I am not familiar with USDPAX, the only coin with similar name that seems to be supported by Ledger is Paxos. But you'll really have to check if it's the same token (i.e. has the same contract address).

On the other hand, even if Ledger may not have specific app for this, you should be able to use Ledger for it (of course, you should work with small amounts for tests and you should make sure you know what you are doing). What I mean is that I have used my Ledger with an ERC-20 token that's not supported by Ledger, but I opened MEW connected to my Ledger, I've entered the contract address and I've used it like any other token (you have to enable tokens in the Ledger's ETH wallet app).

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sellcoins (OP)
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February 07, 2021, 05:00:05 PM
 #3

If you read blockchain, it says " What is USD Digital (previously USD PAX)? ";"USD Digital (represented in the Wallet as USD-D) is an ERC-20 token known as a stablecoin and is fully supported in the Blockchain.com Wallet. "

Before my ledger arrives ,i'd like to know if, in fact, if i pay my PAX ledger wallet, i can receive my usd digital
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February 07, 2021, 10:05:08 PM
Last edit: November 15, 2023, 12:12:22 AM by HCP
 #4

USD Digital is an ERC-20 token known as the Paxos Standard (PAX) outside of the Blockchain.com Wallet. It is issued by the Paxos Trust Company.

And if you check the supported list on Ledger: https://www.ledger.com/supported-crypto-assets and enter "pax" into the search box, you can see it is supported:



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sellcoins (OP)
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February 08, 2021, 10:23:19 AM
 #5

I've seen that. So if i get my ledger's paxos address, and send money from my usd-digital blockchain wallet, i will receive those money?
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February 09, 2021, 01:58:58 PM
 #6

I've seen that. So if i get my ledger's paxos address, and send money from my usd-digital blockchain wallet, i will receive those money?
PAX is an ERC-20 token which means it's using the Ethereum blockchain. You will need to install the Ethereum app in Ledger Live. When you get your device, just download Ledger Live, and search for the ETH app in the applications list.

The ETH app gives you an address. You store your ether and ERC-20 tokens (such as PAX) on that ETH address. You are going to need some ether tokens as well to pay for transaction fees when you decide to transfer your PAX tokens to another destination.

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