Introduction
When buying PayPal USD, there are several factors to consider, including selecting a reliable exchange and the method of transaction. Fortunately, we've put together a list of reputable exchanges to assist you with the process.
Step-by-Step Guide for South African Investors
1. Select an Exchange
Research and select a cryptocurrency exchange that operates in South Africa and supports PayPal USD trading. Consider factors such as fees, security, and user reviews.
2. Open an Account
Register on the exchange's website or mobile app, providing your personal information and identity verification documents as required by South African regulations.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the PayPal USD Market in South Africa
Once your account is funded, search for PayPal USD (PYUSD) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the desired amount of PayPal USD you wish to buy.
6. Confirm Purchase
Preview the transaction details and confirm your purchase by clicking the "Buy PYUSD" or equivalent button.
7. Complete Transaction
Your PayPal USD purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet in South Africa
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We always recommend Wirex or Trezor for South African users.
What to Keep in Mind
When purchasing PayPal USD, it's crucial to select a reputable exchange that is user-friendly and offers competitive fees. After making your purchase, always transfer your crypto to a hardware wallet. This ensures that, regardless of what happens to the exchange, your crypto remains secure.
Latest Movements in the Market
PayPal USD (PYUSD) is currently priced at US$1 with a 24-hour trading volume of US$18,58M. In the last 24 hours, PayPal USD has seen an increase of 0%. The market cap of PayPal USD stands at US$523,59M, with 523,63M PYUSD in circulation. For those looking to buy or trade PayPal USD, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- US$523,59M
- 24-hour trading volume
- US$18,58M
- Circulating supply
- 523,63M PYUSD
PYUSD
ADA
BCH
BNB
BTC
DOGE
ETH
HYPE
LINK
SOL
STETH
SUI
TRX