Where to buy PayPal USD cryptocurrency
The Pyusd crypto is hard to buy, owing to the shortage of cryptocurrency exchanges that list it. Only one trading platform with two pairs. More information read below.
Where to buy PayPal USD
Step 1You need an account with a cryptocurrency exchange that supports PayPal USD token. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Kraken | 0.16 / 0.26 | HIGH | Yes | $8116 |
Transfer or purchase with P2P one of this coins: USD or EUR.
Step 3Go to spot on your trading platform and type the coin name in search line. Choose between available trading pairs, then set order and push Buy PYUSD button.
Congratulations!
After you press buy, the PayPal USD will be available on your account on the trading platform. Be aware that only transferring your coins from crypto exchange to separate wallet, you can improve protection of your investments. It ain't just cut your risk if your crypto exchange or account gets hacked, but if you pick separate wallet, your PayPal USD crypto becomes protected assets. Only disadvantage is, usually have to pay a small fee to transfer your crypto from the trading platform.
What is PayPal USD
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company. Starting August 7, 2023 and rolling out in the coming weeks, eligible U.S
Video Review
Introducing PayPal USD (PYUSD): PayPal's U.S. Dollar Stablecoin
Price and supply
The current total supply is 26.9 millions, with a circulating supply of 296 millions PYUSD as of Dec 2024. The PayPal USD max amount of coins that will ever exist is 295957908.
The PayPal USD cryptocurrency price is $1.0007 as of 04:49 PM. The price went up on 1.0007% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Over last 30 days, the PayPal USD token increased on 1%.
FAQ
What exchange can I buy Pyusd token?
Pyusd coin can be bought from 1 trading platform. And these are some of them: Kraken.
Is PayPal USD a good investment?
The Pyusd crypto has a big risks of price drop. Due to the high volatility of all cryptocurrency market you bear in mind: you can lose all of your invested funds, learn the risks before you start trading and unexpected changes in market can lead to sharp and sudden moves in price. Aside from that investing in cryptocurrencies is possible extremely profitable.
Comments
About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
Follow on Twitter