Where & how to lend PayPal USD (PYUSD)

Introduction

Lending PayPal USD can be a great option for those who want to hold PYUSD but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

1. 1. Obtain PayPal USD (PYUSD) tokens

   In order to lend PayPal USD, you need to have it. To obtain PayPal USD, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	PayPal USD (PYUSD)	$1
   YouHodler	PayPal USD (PYUSD)	$0.9998
   Uphold	PayPal USD (PYUSD)	$1
   Kraken	PayPal USD (PYUSD)	$0.9998
   Coinbase	PayPal USD (PYUSD)	$0.9995
   Bitmart	PayPal USD (PYUSD)	$0.9921

   See all 11 prices

2. 2. Choose a PayPal USD lender

   Once you have PYUSD, you’ll need to choose a PayPal USD lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	PayPal USD (PYUSD)	Up to 12% APY
   Aave	PayPal USD (PYUSD)	Up to 5.75% APY
   Bybit	PayPal USD (PYUSD)	Up to 25% APY

3. 3. Lend your PayPal USD

   Once you’ve chosen a platform to lending your PayPal USD, transfer your PayPal USD into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.