Denmark based CASP4.8/5
Buy PayPal USD (PUSD) in Denmark
PayPal USD (PUSD) is a USD-pegged stablecoin issued by Paxos Trust on behalf of PayPal. Each PUSD is backed 1:1 by USD deposits and short-duration US Treasury bills. Penning lists PUSD with EUR/DKK on-ramp and delivery to your own wallet — note that PUSD is US-issued, and its issuer is not yet an EU-authorised e-money institution.
Risk warning: Crypto-assets are highly volatile and carry substantial risk, including the total loss of your capital. Past performance is not a reliable indicator of future results. This information is not investment advice.
Prices are provided by CoinGecko and may be delayed. Penning does not guarantee the accuracy of the displayed prices. Trading cryptocurrencies involves risk — please read our risk disclosure before investing.
Why buy PayPal USD on Penning
- EUR via SEPA or DKK via Danish bank — no need to source USD first.
- Reserve transparency: Paxos publishes monthly attestations of the PUSD reserve composition.
- Traded on Penning's MiCA-licensed platform — issuer status stated plainly: Paxos Trust is US-regulated (NYDFS), not yet an EU-authorised e-money institution.
- Use PUSD as a USD-stable holding without needing a US bank account or wire.
How to buy PayPal USD in 5 steps
- 01
Open a Penning account
Sign up for free at pfs.penning.dk/sign-up — only an email is required to start.
- 02
Complete KYC
Verify your identity with a passport or driver's license. Typically takes under 5 minutes.
- 03
Deposit EUR or DKK
Send EUR via SEPA or DKK via Danish bank transfer. Funds are typically available within 0–2 business days.
- 04
Buy PayPal USD
Go to the PayPal USD trade screen, view the live price, confirm the all-in amount, and execute the trade. You receive native PUSD.
- 05
Receive in your own wallet
PUSD is delivered directly to your own compatible wallet — Penning doesn't hold your crypto. Network fees and standard AML checks apply on delivery.
Your crypto, your wallet
Penning is a MiCA-licensed brokerage in Denmark — not a custodian. We execute your order and deliver every asset to a wallet you control, so you never have to trust us to hold your crypto.
- MiCA-licensed in Denmark
- Crypto delivered to your own wallet
- EUR & DKK bank settlement
- Danish-speaking support
Important to know
PUSD is a USD stablecoin and not regulated as legal tender in Denmark. Its 1:1 USD peg depends on the issuer (Paxos Trust) maintaining sufficient reserves. Always check the latest reserve attestation before holding meaningful balances.
Testimonials
Excellent support and an easy-to-use platform! The phone is always answered quickly, or they call back shortly after if you have any questions. Just a few hours from fiat in your traditional bank to crypto in your own wallet.
Ulrik Bruhn
October 21, 2025
Supported networks
Trade and invest across 28+ networks
PayPal USD — frequently asked questions
Ready to buy PayPal USD?
Open a free Penning account in minutes. MiCA-licensed in Denmark, crypto delivered to your own wallet, no monthly fees.