# STEPN to PayPal USD (GMT to PYUSD) — no-KYC swap on GhostSwap

> Send STEPN (GMT, an SPL token on Solana) and receive PayPal USD (PYUSD, an ERC-20 token on Ethereum) in your own wallet, with no account and no KYC. Swapping into PYUSD locks in a dollar value without selling on a centralized exchange. Most GMT to PYUSD swaps finish in 5–15 minutes.

Swap page: https://ghostswap.io/exchange/gmt-pyusd/
Updated: 2026-10-01

## At a glance

| | |
|---|---|
| You send | STEPN (GMT), SPL token on Solana |
| You receive | PayPal USD (PYUSD), ERC-20 token on Ethereum |
| Your PYUSD address | Ethereum address that starts with 0x followed by 40 hexadecimal characters. Wallets: MetaMask, Rabby or a Ledger |
| Deposit network fee | Paid in SOL, so keep a little SOL next to your GMT |
| Deposit confirmation | Under a minute on Solana |
| PYUSD payout | Sent to your address as soon as the swap completes; Ethereum confirms it in about 2–5 minutes |
| Typical swap time | 5–15 minutes until your PYUSD is sent |
| Limits | The exact minimum and maximum GMT amounts are shown live in the exchange box |
| Account / KYC | None for standard swaps: no sign-up, no email, no ID |
| Tracking | Status page with your swap ID; GMT on Solscan; PYUSD on Etherscan |
| Reverse swap | [PYUSD to GMT](https://ghostswap.io/exchange/pyusd-gmt/) |

## How to swap GMT to PYUSD

1. Open https://ghostswap.io/exchange/gmt-pyusd/ and enter the amount of GMT to send.
2. Paste the PYUSD address that should receive the coins.
3. Enter the GMT address you are sending from, then confirm.
4. Send the GMT to the one-time deposit address shown.
5. Receive PYUSD in your wallet and follow the status page with your swap ID.

## FAQ

### How long does it take to swap GMT to PYUSD on GhostSwap?

Most GMT to PYUSD swaps finish in 5–15 minutes. Your GMT deposit needs under a minute to confirm on Solana; after that the PYUSD is sent to your wallet and Ethereum confirms it in about 2–5 minutes. Busy networks can add a few minutes.

### Do I need KYC or an account to exchange GMT to PYUSD?

No. GhostSwap has no accounts: you paste the Ethereum address that should receive the PYUSD, send GMT from your own wallet, and the PYUSD goes straight to that address. No email, phone number or ID upload.

### What are the fees for converting STEPN to PayPal USD?

The GhostSwap fee is already included in the rate in the exchange box, so the PYUSD amount you see is what you receive. On top of that, your wallet needs a little SOL to pay the Solana network fee for sending GMT.

### What wallet should I use to receive PYUSD?

To receive PayPal USD from your swap, we recommend using MetaMask, Rabby, or a hardware wallet like Ledger. Make sure your wallet supports the Ethereum (ERC-20) network before starting the exchange. Double-check your PYUSD address before confirming — cryptocurrency transactions cannot be reversed.

### What format is the PYUSD address?

Use a Ethereum address: it starts with 0x followed by 40 hexadecimal characters. Copy it from your wallet and paste it; never type it by hand. Sending PYUSD to an address on another network can lose the coins.

### Can I track my GMT to PYUSD swap?

Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your GMT payment on Solscan (https://solscan.io) and your incoming PYUSD on Etherscan (https://etherscan.io).

### Is it safe to exchange GMT for PYUSD on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your GMT deposit is converted and the PYUSD is sent straight to the Ethereum address you enter, so check that address twice — Ethereum transfers cannot be reversed.

### Why swap GMT to PYUSD?

Converting STEPN to PayPal USD lets you exit a volatile crypto position into a dollar-pegged stablecoin without using a centralized exchange or going through KYC. This is useful for locking in profits, protecting against market downturns, or preparing funds for future trades — all while maintaining your privacy.

### What happens if my GMT to PYUSD exchange fails?

If a swap cannot be completed, the GMT is refunded to the Solana address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems come from sending a different amount than shown or using an address on the wrong network.

## Related

- [Reverse: PYUSD to GMT](https://ghostswap.io/exchange/pyusd-gmt/)
- [All GhostSwap pairs](https://ghostswap.io/exchange/)
- [How to exchange](https://ghostswap.io/how-to-exchange/)
- [Site guide for AI assistants](https://ghostswap.io/llms.txt)