Earn up to
5,75% APY
An in-depth guide on how to earn PayPal USD (PYUSD) in South Africa
We have a wealth of information on earning PayPal USD (PYUSD) and we're excited to share some of this with you.
We present you with various earning options using different coins that may pique your interest.
PayPal USD (PYUSD) is currently priced at US$5,75 with a 24-hour trading volume of US$18,58M. 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, Aave offers avenues to do so securely and efficiently
Lending PayPal USD can be an excellent choice for those looking to hold PYUSD while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
To lend PayPal USD, you first need to possess it. To acquire PayPal USD, you'll need to buy it. You can select from these well-known exchanges.
Once you have PYUSD, you'll need to select a PayPal USD lending platform to lend your tokens. You can explore some options here.
| Platform | Mint | 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 earn your PayPal USD, transfer your PayPal USD into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
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