If your only interest is how to sell Pi Network coins or where to buy Pi Network, patience – I’ll get into some potential solutions for your situation in a bit. Well, as far as the price is concerned, it might, or it may not – no one knows. Until the coin goes live, and is available to be publicly traded, the price is a complete mystery. As of today, no exchanges out there – neither CEXs, nor DEXs – list and / or support Pi coin. The listing info that you see is for something the community calls “Pi coin IOUs”. Since I’m pretty sure I know what you’re going to say next, let me address the “I saw Pi listed on X exchange” comments.
However, if you are using more than one bitcoin exchange, you will have additional choices. You may trade your Pi for other cryptocurrencies like Bitcoin, Ethereum, and Binance Coin, as well as a number of fiat currencies. Once you do that, the platform will automatically begin storing these coins in your digital wallet. The secure gateway has yet to open, and the launch of the Pi Network mainnet is pending. This is the reason why you don’t find Pi coins on major crypto exchange platforms for trading. Presently, the option to sell Pi coins on established cryptocurrency exchanges like Binance, akin to trading Bitcoin or Ethereum, remains unavailable.
- Compounding the issue is the fact that Pi is not a listed asset on any exchange at present.
- You can sell your Pi Coins to buyers through peer-to-peer trading or as IOUs.
- Notably, there have been instances where even larger purchases, such as a car, were facilitated through Pi payments, as reported on the Pi Core team’s official social media.
- If you research crypto communities or social media, you’ll find traders looking to buy Pi Coin.
- This method allows you to use Pi as a currency rather than trading it for fiat or other crypto.
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Until Pi coin is fully listed on centralized exchanges, some users opt for trading Pi coin IOUs. These IOUs promise to deliver Pi coins once they become available for transfer on the mainnet. Before finalizing the sale, carefully review all the details of your sell order, including the amount of Pi being sold and the price. Double-check that everything is correct, as cryptocurrency transactions are irreversible. Once you confirm your satisfaction, proceed to confirm the sale and await the execution of the order.
Once this happens, Pi coin can be traded like any other cryptocurrency, with official prices, liquidity, and secure trading mechanisms. As the use of bitcoin and other cryptocurrencies has grown, a wider variety of goods and services have become available for payment in bitcoin and other cryptocurrencies. For instance, Binance accepts both Bitcoin and fiat money as payment for cryptocurrencies. Ethereum (ETH), Cardano (ADA), and Binance bitcoin arrives at 16000 atm machines across the uk Coin (BNB) can all be used to make cryptocurrency purchases. Although more merchants and payment processors have been accepting bitcoin in recent years, there are still notable exceptions. For this reason, if you utilize a large cryptocurrency exchange, you can buy PI with Bitcoin by simply depositing Bitcoin into their crypto wallet.
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If you’d rather mine Pi Coin on your mobile device or computer, you may do it with ease using their app. The program checks to see if you are a robot on a daily basis, and if you aren’t, you have to start mining again. Because of this, all you have to do to get your hands on as many Pi coins as you like is set up a mining rig on your device of choice and start earning Pi coins. The value of Pi, like the value of any other traded item, will fluctuate throughout the day. Compounding the issue is the fact that Pi is not a listed asset on any exchange at present. The main cryptocurrency of the Pi Network is its free coin, Pi coin, whose maximum supply is currently capped at 100 billion.
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Furthermore, the core team of Pi holds 25% of the total number of coins. The Pi coins aren’t available for trading on any cryptocurrency exchange, which is why users can grab them just by mining. To be a bit more specific, you know why you can’t do it right now, as well as how the process might look whenever the asset becomes available to be publicly traded, on either centralized or decentralized exchange platforms. You can purchase the required cryptocurrency on a major exchange platform, such as Binance, for fiat money. Let’s assume that you’ll need BNB coins – they can be bought very easily via the aforementioned method. The first step in selling your Pi crypto is to find a reliable and reputable cryptocurrency exchange that supports Pi.
Waiting for the Pi Coin Listing
A few Google searches might quickly form this idea that not only is Pi coin listed on a couple of major exchange platforms (HTX being one of them), beginner’s guide to buying and selling cryptocurrency but it also has a fluctuating price tag attached to it, as well. It’s important to clarify that Pi coin IOUs are not actual Pi coins. However, they can offer a glimpse into the potential future price of Pi. Currently, Pi coin IOUs are trading on platforms like Huobi and Bitmart for approximately $34.50, reflecting a drop of about 15.4% over the past three months.
In this context, “nodes” means users who have installed and are accessing the app using node software. The ability to mine Pi coins and join the Pi network is a distinct advantage that will help the platform stand out in the future. In this post, top crypto influencers we’ll go over some of the highlights of the Pi Coin and show you where and how to get your hands on some for yourself. It’s best to check the updates on the project’s roadmap on its website. The team’s recent efforts to attract new coders could hint at preparations for the official launch.