How to Buy Pendle (PENDLE) in 2023: A Simple Guide

Pendle (PENDLE)In this guide you’ll get information about where to buy Pendle, if you are planning to buy PENDLE token – You’re in the right place!

Finance is being rebuilt on open rails, with DeFi potentially becoming an autonomous financial system. Yields may be exchanged in a healthy and mature capital market, whether in interest rate swaps, bond coupons, or other financial instruments. Pendle hopes to help DeFi reach this next milestone. It is the first protocol to allow trading of tokenized future yield on an AMM system.

Pendle’s goal is to provide yield-generating asset holders with the option to create more income and lock in future yield upfront, while also providing traders with direct exposure to future yield streams without the requirement for underlying collateral. On top of first-degree protocols, the protocol exists. It currently supports Aave and Compound, with other platforms to be added in the future. Pendle’s system is made up of three parts: governance, AMM, and yield tokenization.

Pendle (PENDLE) Features

  • Lock in yield for upfront returns. Hedgers can sell their yield-bearing asset’s future yield to earn a fixed income and immediately redeploy their funds. Yield bears can set their yield if they believe present rates are unsustainable. Meanwhile, traders can increase their exposure to the future yield of a yield-bearing asset without the risk of liquidation. Yield bulls might raise their yield exposure to predict an increase in yield.
  • Yield Tokenization. Users may speculate on and hedge against future yield by dividing their yield-bearing assets into different yield and ownership components.
  • Powered by Pendle AMM. Pendle’s AMM reduces time-dependent impermanent loss associated with the liquidity provision of tokens having temporal decay, such as Yield Tokens (YT).
  • Ownership token (OT). OT denotes ownership of the underlying asset that has been placed for mining. When the contract expires, OT is required to redeem the underlying asset. Because OT indicates asset ownership, OT holders are also eligible for any asset protocol incentives, such as xJOE farming incentives and airdrops. The OT price will always be lower than the underlying asset’s price, and its value will rise in relation to the underlying asset’s value over time.

Where to Buy, Sell and Trade PENDLE

You can basically use debit card, credit card, or even PayPal to buy the Pendle (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Pendle as the exchange.

With cryptocurrency, things are different. You need to use debit card or credit card to buy  Tether first. After you get the ETH or BTC or USDT, you can convert it to Pendle. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.

In general, the process would be:

  1. You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
  2. Find a crypto exchange that supports Pendle currency and exchange your Ethereum / Bitcoin / Tether with the Pendle
  3. Store your Pendle to a secured wallet

Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)

There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.

The site will ask for some basic information about yourself, make sure to tell the truth. Otherwise, you could face withholding of your investment. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform.

Get $10 Bonus when you sign up for Coinbase!

coinbaseClick here to register (opens in new tab)

  • You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
  • Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
  • You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.

That’s the first step in buying Pendle, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.

Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments

After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.

With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.

These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Pendle: is a crypto exchange service that is part of Gate Technology Inc. is registered in Virginia, United States, and founded in 2017. They only handle transactions using cryptocurrencies, so you won’t find Fiat options with them. Since they work with the best ranked digital assets in the industry, they can average up to $48million in transactions.

  • Deposit Methods: Cryptocurrency Only
  • Fiat Currencies: N/A
  • Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 1040+ more
  • Trading Pairs: 1801+

IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the PENDLE/BTC or PENDLE/ETH or PENDLE/USDT trading pair and then place the order to buy those pairing cryptocurrencies.

Most likely you’ll find this pair available to you PENDLE/USDTso you need to convert your BTC or ETH to USDT first in order to buy Pendle (PENDLE)

Step 3: Managing Your Crypto Assets in a Secure Wallet

As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.

You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.

There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.

For Securing your Pendle (PENDLE) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor

ledger nano x

LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.

  • Secure
  • Mobile Friendly
  • Easy to Manage
  • Supported Coins: 1200+

trezor model t

TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.

  • Invented for your digital independence
  • keeps your keys safe
  • Easily back up your entire wallet
  • Supported Coins: 1093+

Frequently Asked Questions (Faqs)

Can I Buy Pendle (PENDLE) with PayPal?

You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Pendle. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.

Can I Buy Pendle (PENDLE) with Cash?

You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:

  • Make sure you have a BTC / ETH wallet before you buy from seller
  • Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.

Can I Buy Pendle (PENDLE) with Skrill?

You can’t buy PENDLE directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Pendle. You can buy BTC/ETH with skrill by using these exchanges::

  • LocalBitcoins
  • Paxful
  • Virwox
  • SpectroCoin
  • Lykke
  • Exmo
  • Coingate

Can I Buy Pendle (PENDLE) with Bitcoin?

Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair PENDLE/BTC and begin the transactions.

Can I Buy Pendle (PENDLE) with Ethereum?

Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support PENDLE/ETH trading pair.

What Is the Best Payment Method to Buy Pendle (PENDLE)?

The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Pendle right away. The fastest way is to use a credit card but you will then be charged higher fees.

How to Protect Pendle (PENDLE)?

Once you have purchased the Pendle, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:

Ledger Wallet

Trezor Wallet







How to Sell Pendle (PENDLE)?

Find a crypto exchange which allow pairing PENDLE with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.

Can I Mine Pendle (PENDLE) and Not Buying It?

You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Pendle is to buy it from a reliable exchange.


The derivative markets might be difficult to understand. However, for those who take the time to understand them, they may be highly profitable. They can also provide some steadiness. With the majority of the main cryptos down in recent months, PENDLE crypto may provide some relief to crypto investors, especially if the crypto prices continue to fall in the coming months. If more investors take note and begin to take advantage of Pendle’s capacity to bolster their portfolios, PENDLE has the potential to become a huge success.