PayPal USD wallet
The most secure hardware wallet for your PayPal USD
Join a satisfied community of users by storing your PayPal USD safely with Tangem Wallet!
How to secure your PayPal USD with Tangem?
When you buy or hold PayPal USD in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a PayPal USD Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose PayPal USD wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is PayPal USD (PYUSD)?
PayPal USD, denoted as PYUSD, is a stablecoin aimed at harnessing the potential of stablecoins in the payment space. It ensures a stable value by being fully backed with U.S. dollar reserves, including short-term U.S. Treasuries and related cash equivalents. This backing keeps PYUSD consistently pegged to the U.S. dollar.
What is a PayPal USD wallet?
A PayPal USD wallet securely holds the private keys enabling access to your PayPal USD funds on the blockchain. Although the PayPal USD itself isn't stored within the wallet, the private keys that unlock your blockchain holdings are centralized here. Essentially, a PayPal USD wallet lets you manage sending, receiving, and organizing your PayPal USD tokens.
How does a PayPal USD wallet work?
PayPal USD wallets operate with pairs of public and private keys for handling blockchain storage. The public key can be shared for receiving PayPal USD, while the private key, which must be kept confidential, allows for account access. Tangem Wallet secures these keys within its chip, ensuring safe storage and access.
What are the types of PayPal USD wallets?
Exchange PayPal USD Wallets:
Exchanges like Coinbase and Kraken offer custodial wallets for buying PYUSD with fiat money. However, these platforms may restrict access to your stored funds.Software PayPal USD Wallets:
Software wallets, which can be installed on your device, help manage PYUSD but are susceptible to malware. They include mobile, desktop, and web versions.Mobile PayPal USD Wallets:
Apps for managing PayPal USD directly on your mobile phone.Desktop PayPal USD Wallets:
Desktop wallets are installed on computers, keeping private keys on local drives.Hardware PayPal USD Wallets:
Physical devices like Tangem that offer offline security against online threats.
How to Choose the Best PayPal USD Wallet
Selection of an ideal wallet should consider factors like security, ease of use, and durability. For safeguarding substantial amounts from online risks, hardware wallets like Tangem are advised.
PayPal USD PYUSD
Tangem supports other cryptocurrencies
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See all supported cryptosPayPal USD FAQ
- You can buy PayPal USD on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of PayPal USD, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for PayPal USD depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for PayPal USD, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
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