It is also equally important to have a back-up of your private keys, so as to protect yourself from accidental loss. You’d also lose your funds if you cannot recover your lost private keys. Although you would automatically have a wallet when you open an exchange account (exchange-hosted wallet), you do not have control of the private and public keys. Having control of your keys means having control of your coins. Exchanges work like a bank; it is a third-party service provider that you trust to keep your coins safe. However, there is always a probability of the exchange shutting down or being hacked, resulting in a loss of coins.Given the lack of regulatory frameworks on exchanges and cryptocurrencies as a whole, as well as the infancy of the industry, the best way to keep your coins safe is to have total control of your coins.

PAX PAGO Integrated Wallet

Exchange transaction function, C2C (Coin2Coin), C2T (Coin2Token), T2C (Token2Coin), T2T (Token2Token) exchange transaction function, various password coin storage function, voice and document file storage function

Security: EDR technology and Flu-Fake technology background

The PAX Pago Integrated Wallet is a P2P (Peer-to-Peer) cryptocurrency wallet with the function of decentralized exchanges capable of storing keys of the bidder and contributor in a browser or a client’s storage that authenticates the transaction. The bidding or purchasing information is stored in the blockchain (PAX Pago). The wallet is protected and created applying a special database security solution that can safely protect user information using its structure to store the sensitive information such as ID and password used by a user in a transaction.