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 Guide
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.
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.
See all 4 lending ratesPlatform Coin Interest rate YouHodler PayPal USD (PYUSD) Up to 12 APY Bitget PayPal USD (PYUSD) Up to 8 APY Aave PayPal USD (PYUSD) Up to 5.75 APY Bybit PayPal USD (PYUSD) Up to 25 APY 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. 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.
Latest Movements
PayPal USD (PYUSD) is currently priced at $5.75 with a 24-hour trading volume of $37,616,962. The market cap of PayPal USD stands at $553,091,730, with $553,291,197.09 PYUSD in circulation. For those looking to buy or trade PayPal USD, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $553.09M
- 24h volume
- $37.62M
- Circulating supply
- $553.29M
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