Where and how to buy PayPal USD in United Arab Emirates
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a PayPal USD order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor PayPal USD in your Bitget spot account
Alternative methods to obtain PayPal USD in United Arab Emirates
Convert crypto to PayPal USD with Bitget Convert
Swap on-chain assets to PayPal USD with Bitget Swap
Methods to obtain PayPal USD for free
Buy other cryptos
Buy PayPal USD in a different country
Buy other cryptos in your region
How to buy PayPal USD in other countries?
What can you do with PayPal USD?
Store/Hold PayPal USD
Many users hold on to their PayPal USD with the expectation of it increasing in value. You can store your PYUSD safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade PayPal USD
You can trade PayPal USD for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for PayPal USD trading to meet your needs.
Send PayPal USD
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy PayPal USD online and send to anyone and anywhere with their PayPal USD address.
Spend PayPal USD
You can also buy goods and services with your PayPal USD. More and more vendors and retailers accept PayPal USD every day.
Donate PayPal USD
Bitget Charity accepts PayPal USD donations for global projects that aim to improve the lives of people in the bottom billion. You can donate PayPal USD so no one misses out on the growth made possible by blockchain.
Learn More About PayPal USD
You can read more in-depth articles on PayPal USD from Bitget Research and study how cryptocurrencies like PayPal USD work on Bitget Academy
Market stats to assist in determining optimal times for purchasing PayPal USD
What is PayPal USD (PYUSD)?
PayPal USD (PYUSD) is a stablecoin introduced by the digital payment giant, PayPal, in collaboration with Paxos. Launched in August 2023, it is designed to bridge the gap between traditional fiat currencies and the digital world, offering a stable, secure, and efficient medium for digital transactions. As a stablecoin, PYUSD is pegged 1:1 to the U.S. dollar, meaning its value remains stable, mitigating the volatility associated with cryptocurrencies. It is fully backed by U.S. dollar deposits, short-term U.S. treasuries, and similar cash equivalents, ensuring users can redeem one PYUSD for one U.S. dollar at any time.
How PayPal USD (PYUSD) Works?
PayPal USD operates as an ERC-20 token on the Ethereum blockchain, allowing it to be compatible with a myriad of crypto exchanges, wallets, web3 apps, and other Ethereum-based applications. This compatibility enables PYUSD to be easily adopted by crypto exchanges and to power experiences within the PayPal ecosystem. PayPal USD serves as a bridge between traditional fiat landscapes and the digital realms, leveraging PayPal’s payments infrastructure.
Users can buy and sell PYUSD through the PayPal app or its official website, with one PYUSD equivalent to one USD. It can also be transferred to compatible crypto wallets, both PayPal Wallets and externally. Furthermore, PYUSD can be used to purchase and sell other cryptocurrencies supported by PayPal, such as Bitcoin, Bitcoin Cash, Ether, and Litecoin. The stablecoin will soon be available on Venmo, allowing users to pay fellow Venmo users in PYUSD.
How Many PayPal USD (PYUSD) Tokens Are in Circulation?
PYUSD doesn't have a max supply. The current circulating supply of PYUSD is 44,376,440.
How to Buy PayPal USD (PYUSD)
Consider investing in PayPal USD (PYUSD)? It only takes 2 minutes to create an account on Bitget and start trading PYUSD.
Check out the available PYUSD trading pairs on Bitget!
Spot market
PayPal USD (PYUSD) Resources
Buy PayPal USD in United Arab Emirates with Bitget
How to safely store your PayPal USD
- Sign up and transfer PYUSD to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your PYUSD.
How to withdraw PayPal USD with Bitget's hassle-free withdrawal process
The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.
PYUSD to local currency
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