PayPal USD (PYUSD) Gets Listed on KuCoin!
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our spot trading platform. PayPal USD (PYUSD), a stable coin, will be available on KuCoin!
Please take note of the following schedule:
- Deposits: Effective Immediately (Supported Network: ERC20)
- Trading: 10:00 on September 21, 2023 (UTC)
- Withdrawal: 10:00 September 22, 2023 (UTC)
- Trading Pair: PYUSD/USDT
What is PayPal USD?
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.
Know More About PayPal USD:
Token Contract: ERC20
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
The KuCoin Team
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