Where & how to stake PayPal USD (PYUSD)

Introduction

Staking PayPal USD can be a great option for those who want to hold PYUSD but earn yield in a safe way while contributing to the network. 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 stake 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)	$0.9998
   BingX	PayPal USD (PYUSD)	$0.9993

   See all 11 prices

2. 2. Choose a PayPal USD wallet

   Once you have PYUSD, you’ll need to choose a PayPal USD wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	PayPal USD (PYUSD)	Up to 1% APY

3. 3. Delegate your PYUSD

   We recommend using a staking pool when staking PYUSD. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PYUSD, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start validating

   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. You’ll be rewarded with PYUSD for these validations.

What to be aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.