Where and How to Lend PayPal USD (PYUSD)

Introduction

Lending PayPal USD can be a great option for those who want to hold PYUSD but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Acquire PayPal USD (PYUSD) Tokens

   To be able to lend PayPal USD, you need to have it. To get PayPal USD, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Uphold	PayPal USD (PYUSD)	1
   Kraken	PayPal USD (PYUSD)	1
   OKX	PayPal USD (PYUSD)	1
   YouHodler	PayPal USD (PYUSD)	1
   Coinbase	PayPal USD (PYUSD)	1
   Bitget	PayPal USD (PYUSD)	1

   See all 29 prices

2. 2. Choose a PayPal USD Lender

   Once you have PYUSD, you’ll need to choose a PayPal USD lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Aave	PayPal USD (PYUSD)	Up to 5.75 APY
   Bitget	PayPal USD (PYUSD)	Up to 8 APY

3. 3. Lend Your PayPal USD

   Once you’ve chosen a platform to lend your PayPal USD, transfer your PayPal USD into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.