Recent Developments
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- Market capitalization
- US$523.59M
- 24h volume in the Italian market
- US$18.58M
- Circulating supply
- 523,63M PYUSD
Earn up to
12% APY on your investments.
An in-depth guide on how to stake PayPal USD (PYUSD) in Italy
We have a wealth of information on staking PayPal USD (PYUSD) and we are pleased to share some of this with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
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Staking PayPal USD can be an excellent choice for those looking to hold PYUSD while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.
To stake PayPal USD, you must first acquire it. To obtain PayPal USD, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| 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 tailored for the Italian market.
| Piattaforma | Criptovaluta | Staking rewards |
|---|---|---|
| YouHodler | PayPal USD (PYUSD) | Up to 12% APY |
We recommend using a staking pool when staking PYUSD. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their PYUSD, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the PayPal USD network. For these validations, you'll receive rewards in PYUSD.
When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.