Latest Movements in Uganda's Financial Landscape
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- Market capitalization
- US$523.59M
- 24-hour trading volume
- US$18.58M
- Available supply
- 523.63M PYUSD
Earn up to
5.75% APY on your savings.
A comprehensive guide on how to lend PayPal USD (PYUSD) in Uganda
We have a wealth of information on lending PayPal USD (PYUSD), and we are excited to share some of this with you.
We present to you various lending options with other cryptocurrencies that may pique your interest.
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Lending PayPal USD can be an excellent choice for those looking to hold PYUSD while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.
To lend PayPal USD, you first need to possess it. To acquire PayPal USD, you will have to buy it. You can select from these popular exchanges available in Uganda.
| E-platform | Coin | Cost |
|---|---|---|
| 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 lending platform to lend your tokens. You can explore some options here.
| E-platform | Coin | APY |
|---|---|---|
| Aave | PayPal USD (PYUSD) | Up to 5.75% APY |
| Bitget | PayPal USD (PYUSD) | Up to 8% APY |
Once you've selected a platform to lend your PayPal USD, transfer your PayPal USD into your wallet on the lending platform. After it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.