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How to buy Paypal USD in the UK
Learn how to buy Paypal USD on Kraken’s crypto platform. Create your free account and connect a funding method to buy over cryptocurrencies including PYUSD. Kraken makes it quick and easy to get started.
Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.
Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.
Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.
Step 4: Choose from 300+ assets - Buy Paypal USD or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).
Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much PYUSD you will receive.
Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Paypal USD in your Kraken account.
In the past 24 hours, Kraken clients bought 87,916 PYUSD worth £65,905.
Why buy Paypal USD with Kraken in the UK?
Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy Paypal USD with a credit card, debit card, bank transfer, and more.
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About Paypal USD
PYUSD is a stablecoin that, according to its issuer Paxos, is backed by an equivalent amount of U.S. dollar bank deposits, U.S. Treasuries, and U.S. Treasury reverse repurchase agreements held in custody by Paxos for the benefit of PYUSD holders.
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Swap Paypal USD for other assets
After you buy Paypal USD, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Paypal USD trading pairs so you can move in and out of the market with ease.
Specific Stablecoin crypto asset risks
Investing in crypto assets is risky and each token can have its own set of risks. Although other general crypto asset risks may still apply to stablecoins, specific risks associated with stablecoins that may impact their price or value include:
Issuer Risk: The issuer of the token could face regulatory or legal issues, become insolvent or face operational or other issues that lead to a 'depegging' or devaluation of the token. The issuer may also face operational or financial issues that lead to a failure in their ability to allow tokens to be redeemed for any underlying collateral.
Counterparty Risk: The assets collateralising the token may be held by financial institutions or other third parties which could become insolvent or face other failures which could result in a loss of the collateral associated with the token.
Operational and Technical Risks: An algorithmic stablecoin could suffer a failure, bug, exploit or other issue which may the algorithm to fail.
Learn more about Paypal USD
How does Paypal USD work?
Where can I buy Paypal USD?
How much does 1 Paypal USD cost?
Can I buy $100 worth of Paypal USD?
Is it safe to buy Paypal USD?
Is Paypal USD available to buy and sell in my country?
Is Paypal USD a good investment?
Can I purchase Paypal USD using my local currency?
How much is Paypal USD transaction fee?
What is the minimum amount of Paypal USD I can buy?
How to buy Paypal USD with PayPal?
How to buy Paypal USD with a debit card?
How to buy Paypal USD with a credit card?
How to buy Paypal USD with other cryptocurrencies?
Can I transfer Paypal USD from Kraken to my crypto wallet?
Is it safe to keep Paypal USD on Kraken?
What is the current circulating supply of Paypal USD?
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Kraken lets you trade hundreds of cryptocurrencies beyond Paypal USD. Check out some of the top trading pairs on Kraken today.
Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.