Cryptocurrencies often swing in value, but PayPal USD (PYUSD) offers something different: stability. Unlike most coins that rise and fall every day, PYUSD stays equal in value to the US dollar. That means 1 PYUSD always equals $1. It’s called a stablecoin, and it was created to make digital payments easier, safer, and more predictable.
PayPal USD is issued by Paxos Trust Company and fully backed by real US dollars and similar assets. Every PYUSD in circulation is matched 1:1 with cash or short-term US Treasuries. What makes it even more secure is the monthly audits done by an independent accounting firm. You can actually check the reserve reports yourself if you want.
PYUSD works on the Ethereum blockchain, so you can send and receive it just like any other crypto. But what makes it special is its goal, bringing the speed of crypto together with the trust of PayPal.
How To Buy PayPal USD In 4 Easy Steps
This step-by-step guide will help you purchase and store PayPal USD securely, no matter which payment method you prefer.
Step 1: Choose a Crypto Exchange Platform
The first step to buy PayPal USD is selecting a trusted crypto exchange that aligns with your needs. Always look for platforms that are known for strong security, fast transaction speeds, and easy-to-use interfaces. Before signing up, ensure the exchange supports the currency you want to use, whether that’s fiat or stablecoins.
For fiat users, check if the platform allows purchases with your local currency. If you’re planning to use stablecoins, make sure your preferred token is available as a trading pair. Whether you choose to pay using US Dollars, Euros, or popular stablecoins like USDT or USDC, finding the right exchange sets the foundation for a smooth experience.
Step 2: Register On Any Of The Platforms
Once you’ve selected a platform, go ahead and register by entering your personal details such as email address, mobile number, and location. You’ll also need to verify your identity using a government-issued ID, like a passport or driver’s licence.
Verification is typically completed within a few hours. After your account is approved, you’ll be ready to buy and manage PayPal USD easily through your dashboard.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now it’s time to fund your account and buy PayPal USD. Depending on your available funds, you can use fiat currencies or stablecoins for the purchase. Below are the supported options:
Fiat Currencies:
- US Dollars (USD): Kraken, Bitstamp, Crypto.com
- Euros (EUR): Kraken, and Bitstamp
Stablecoins:
Most exchanges support payment methods such as bank transfers, debit or credit cards, and crypto wallet transfers. Choose the method that works best for you, complete the transaction, and your PayPal USD tokens will be added to your exchange wallet.
Step 4: Store the Cryptocurrency in a Wallet
Once you’ve made your purchase, transfer your PayPal USD to a personal wallet to keep your funds safe. Leaving tokens on an exchange increases your exposure to security risks. Begin the process by withdrawing the tokens and entering your wallet’s public address.
Make sure you use a wallet that supports PayPal USD. Recommended options include Zengo Wallet, Guarda Wallet, YouHodler Wallet, Tangem, and NOW Wallet. Finalise the transaction and enjoy full control and security over your digital assets.
Popular video guides on buying PayPal USD (PYUSD)
Where to buy PayPal USD (PYUSD)?
BingX offers a user-friendly platform that combines trading with social features like copy trading, making it easy for beginners to follow experienced investors. It supports spot and futures markets, grid trading, and savings products for passive growth. The layout works well across devices, allowing users to manage portfolios and place trades with ease. Security includes cold wallet storage, withdrawal protection, and verified logins. BingX also runs promotions and listing events regularly, helping users stay engaged while exploring new strategies in a secure and active environment.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Credit or Debit Card, P2P Trading, Bank Transfer, and Crypto Deposits. |
Deposit Fees: | Free |
Cryptos Listed: | 550+ |
Trading Fees: | 0% – 0.1% for Both Maker and Taker |
Fiat Currencies Supported: | Swiss Franc (CHF), Euro (EUR), Japanese Yen (JPY), and Australian Dollar (AUD) |
Trustworthiness: | Safe and Reliable |
HTX, previously known as Huobi, delivers a full-featured platform for global crypto trading. It supports spot, margin, and derivatives markets, along with staking and launch services for new tokens. The interface is intuitive, with fast trade execution and a broad selection of listed assets. HTX includes strong security practices such as cold storage, login verification, and risk alerts. It also features multilingual support and educational tools to help users navigate the platform easily. HTX continues to attract traders seeking variety, flexibility, and long-term platform stability.
Factsheet
Operational Since: | 2013 |
Deposit Methods: | Deposit Method: Bank Transfer, Credit/Debit card transfer, P2P trading, and Cryptocurrency |
Deposit Fees: | Free |
Cryptos Listed: | 700+ |
Trading Fees: | 0.2% for both maker and taker |
Fiat Currencies Supported: | ALL, AUD, BGN, BRL, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, KZT, MDL, MKD, NOK, NZD, PHP, PLN, RON, SAR, SEK, THB, TRY, UAH, USD, VND. |
Trustworthiness: | Safe and Reliable |
Bitstamp offers a clean and regulated platform for users who value security and transparency. As one of the longest-running exchanges, it supports spot trading, bank transfers, and euro or dollar-based transactions. The platform includes real-time market data, custom order settings, and a mobile app for on-the-go access. Bitstamp uses offline storage, encryption, and transaction alerts to protect funds. Its straightforward design and trusted reputation make it especially suitable for those entering crypto with a focus on compliance, customer support, and consistent performance.
Factsheet
Operational Since: | 2011 |
Deposit Methods: | Credit or Debit Card, Bank, ACH, SEPA, Apple Pay, and Google Pay |
Deposit Fees: | Free for SEPA Euro Deposit, Depositing US Dollars Charges $7.50 or 0.05% of the deposit amount. |
Cryptos Listed: | 80+ |
Trading Fees: | 0.00% – 0.30% maker fee and 0.03% – 0.40% taker fee |
Fiat Currencies Supported: | US Dollar (USD), Euro (EUR), British Pound Sterling (GBP) |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy PayPal USD With A Credit Or Debit Card?
You can buy PayPal USD with a credit or debit card directly on centralised exchanges that support fiat currency pairs. If you want to use US Dollars, Crypto.com offers a simple and direct option. For both Euros and US Dollars, you can use Kraken and Bitstamp.
These platforms allow you to purchase PayPal USD without needing to go through extra steps like buying stablecoins first. Make sure to use a reliable exchange that supports your local currency to avoid any transaction issues. This approach helps you save time and makes the buying process smooth and secure.
What Will You Need To Buy PayPal USD?
Here’s everything you’ll need to own a PYUSD token:
- Crypto Exchange: To purchase PayPal USD (PYUSD) tokens, you need a trustworthy exchange platform. These platforms allow you to trade and manage cryptocurrencies effortlessly. Features like margin trading, trading bots, copy trading, and advanced analytics enable users to make informed decisions and seize profitable opportunities.
- Identification Documents: To access a crypto exchange, you need to create an account and complete a KYC (Know Your Customer) verification process. This involves submitting valid identification documents, such as a passport, driver’s licence, or tax return, to confirm your identity.
- Debit/Credit Card: A debit or credit card is a convenient way to fund your crypto account. Many major exchanges accept cards for direct purchases. Check the platform’s payment options to ensure your card is supported before proceeding.
- Stablecoin/Altcoin: You can also use stablecoins like Tether (USDT) or USD Coin (USDC) to buy PYUSD tokens. These options offer a fast and stable way to complete your transactions. Make sure your chosen exchange supports these stablecoins before funding your account.
- Crypto Wallet: Once you’ve purchased your tokens, transfer them to a secure crypto wallet. Wallets like Zengo Wallet, Guarda Wallet, YouHodler Wallet, Tangem, and NOW Wallet offer excellent security features. Always review wallet safety protocols and customer feedback before choosing one.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy PayPal USD?
The easiest way to buy PayPal USD (PYUSD) is through centralised exchanges that support fiat currency purchases. You can use a credit or debit card to buy PYUSD directly with US Dollars on Crypto.com. The platform provides a simple sign-up and verification process, making it easy for beginners to get started. After adding funds to your account, you can search for PYUSD and complete the purchase using your card.
If you prefer using Euros or a mix of USD and Euros, you can also buy PYUSD on Kraken and Bitstamp. Both platforms support fiat deposits and allow you to use card payments or bank transfers to fund your account. Once the deposit clears, you can navigate to the trading section, select the PYUSD pair, and finish the transaction in a few easy steps.
Before you buy, make sure to compare the fees on each exchange and check their reputation for safety and reliability. Choosing a secure platform helps protect your funds and ensures a smoother experience. If you plan to hold PYUSD long-term, consider transferring it to a personal crypto wallet for extra security and full control over your assets.
Best Wallets To Store Your PayPal USD (PYUSD)
To store your PayPal USD tokens safely, selecting a dependable wallet is crucial. Each of the wallets below offers distinct benefits, helping you manage and protect your assets with ease.
Zengo Wallet: Zengo is a keyless, non-custodial wallet that simplifies digital asset storage. With advanced biometric security and no seed phrase vulnerability, it ensures strong protection for your PYUSD tokens. Its intuitive design, in-app trading, and automatic backups make it ideal for both beginners and experienced holders looking for a balance of ease and security.
Guarda Wallet: Guarda is a multi-platform wallet that offers secure storage for PYUSD along with many other digital assets. It supports token swaps, staking, and purchase options within the app. Known for its strong encryption and user-friendly design, it’s well-suited for users who value both security and convenient access across mobile and desktop.
YouHodler Wallet: YouHodler blends wallet functionality with earning features, allowing users to hold, earn interest, and borrow using their PYUSD tokens. It also includes a built-in exchange for instant conversions. With strong security protocols and additional financial tools, it appeals to users seeking passive income and flexible portfolio management.
Tangem: Tangem is a hardware wallet that uses NFC-enabled cards for cold storage, making it a secure and portable solution for managing PYUSD. It operates without batteries or cables and activates via a mobile app, offering a unique mix of physical safety and digital convenience. Ideal for those who prefer offline storage with quick access.
NOW Wallet: NOW Wallet supports seamless storage of PYUSD along with hundreds of other cryptocurrencies. It provides fast in-app exchanges, private key control, and a smooth interface for users on the go. With no registration required and instant crypto swaps, it suits users who want quick access without compromising privacy.
Using any of these wallets will help keep your PayPal USD tokens secure, while offering tools that support both active management and long-term holding.
