Recent Developments
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- Market capitalization
- $523.59M
- missing en-cn translation: common.volume-24h
- $18.58M
- Circulating supply in the market
- 523.63M PYUSD
Earn as much as
12% APY on your investments.
An in-depth guide on how to stake PayPal USD (PYUSD) in the Chinese market
We have extensive data on staking PayPal USD (PYUSD), and we are pleased to share some insights with you.
We present various staking options with different cryptocurrencies that may pique your interest.
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Staking PayPal USD can be an excellent choice for individuals looking to hold PYUSD while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.
To stake PayPal USD, you first need to acquire it. To obtain PayPal USD, you can purchase it from these well-known exchanges.
| Platform | Coin | Price |
|---|---|---|
| YouHodler | PayPal USD (PYUSD) | 1 APY |
| BTSE | PayPal USD (PYUSD) | 1 APY |
| Coinbase | PayPal USD (PYUSD) | 1 APY |
| Kraken | PayPal USD (PYUSD) | 1 APY |
| OKX | PayPal USD (PYUSD) | 1 APY |
| Uphold | PayPal USD (PYUSD) | 1 APY |
Once you have PYUSD, you'll need to select a PayPal USD wallet to securely store your tokens. Here are some excellent options to consider.
| Platform | Coin | Staking returns |
|---|---|---|
| YouHodler | PayPal USD (PYUSD) | Up to 12% APY |
We recommend utilizing a staking pool when staking PYUSD. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their PYUSD, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the PayPal USD network. For these validations, you will be rewarded with PYUSD.
When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.