WooCommerce Role-O-Matic

Here you can find list of all PI exchanges where you can buy and sell Pi Network, trade PI with other cryptocurrencies including stablecoins, and fiat currency. You can search by exchange name to find out if PI is available on your desired crypto exchange. Unlike P2P trading, selling Pi coins on cryptocurrency exchanges reasons the bitcoin price could continue to grow doesn’t involve inherent risks.

Pi Network Stablecoin Exchanges

The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. However, it may be prudent to exercise patience and await the launch of the open mainnet for a more secure and conventional trading environment. Presently, the predominant peer-to-peer approach involves inherent risks, and delays in the mainnet launch have sparked concerns within the Pi community. The main cryptocurrency of the Pi Network is its free coin, Pi coin, whose maximum supply is currently capped at 100 billion.

1. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.
2. Suppose you’re owed a certain amount of Pi Coins for the amount sold.
3. It is widely believed that the Pi coin will be listed on cryptocurrency exchange once the mainnet is open.
4. In short, fault tolerance is achieved through a decentralized web of nodes reaching consensus via a trust network of mobile users who validate their daily presence and vouch for others’ authenticity in the network to earn Pi.
5. So, I’m here to set the scene for you – let me explain this as clearly and concisely as possible.

The price of Pi coin IOUs on platforms like Huobi and Bitmart has seen fluctuations, influenced by factors such as the anticipated release of Pi Network’s detailed roadmap, new features drop, and more. According to the Pi Coin price prediction algorithm, the price of IOUs could rally by as much as +166% by next year, which could coincide with the opening of the Pi mainnet. Recently, the Pi Network team has increased its efforts toward connecting Pi coin-accepting merchants and Pi coin holders. For this reason, they have organized a hackathon that petitioned participants to build apps that can quickly allow users to locate merchants that accept PI. The winning apps, Map of Pi and PyNook, are both designed in a similar fashion, allowing users to locate Pi accepting merchants via a Google Maps-like interface. Once you have chosen an exchange, you will need to create an account.

This is crucial as there is significant danger in storing Pi coins in an unconfirmed Pi account. atfx forex review archives Pi claims that only verified users can claim ownership of the Pi coins stored in their wallets. Diverse individuals play important parts in the project’s overall ecosystem.

How to Buy Pi Coin Using Bitcoin?

This is the reason why you don’t find Pi coins on major how to sell iota crypto exchange platforms for trading. While the final option might not be what you want to hear, the reality is that you’d probably be best served to wait for the official launch of the Pi Network open mainnet. It is widely believed that the Pi coin will be listed on cryptocurrency exchange once the mainnet is open. When (if?) that happens, PI will be traded like any other coin or token, meaning that you won’t have to worry about potentially getting scammed or getting a bad deal on your coins.

In contrast to selling your Pi Coin, staking it is a long-term investment strategy. Fortunately, if you decide to sell your Pi coin, you can do so in the same ways as described above for purchasing Pi coins. In my experience, the Pi Whales make up the vast bulk of users who are willing to part with their Pi money. These are the early adopters and miners who have amassed Pi coin holdings in the millions.

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), but it also has a fluctuating price tag attached to it, as well. If you have a bunch of Pi coins sitting in your wallet and you don’t like other selling methods, you might want to consider spending your PI directly on products and services at supported merchants. There are some businesses that accept PI for different products and services, from selling silver in exchange for PI to accepting PI in exchange for gaming items.

Their innovative mining approach and strong referral system successfully built a network of 47 million people. Acquiring Pi coins is easy, but the question that arises is how to sell Pi coins in exchange for value. After creating an account, you will need to deposit your Pi crypto into the exchange. Open your Pi Network app, go to the “Profile” tab, and click on “Transfer Pi.” Enter your exchange wallet address as the recipient and the amount of Pi you wish to transfer.

The developers are planning to release the supply gradually as new members are joining the Pi community. Pi Network features the MLM structure, with new users joining through referrals. Furthermore – when will the mainnet actually go public, to begin with? As mentioned, there were talks that this should take place in 2022 or 2023, at the latest. Yet, we’re in 2024, and there’s still no sign of the opening happening. Note that you might need to add the token manually to your wallet, so that it would be able to read / show the balance to you.

Wait for Pi coin to be listed on an exchange

The P2P transaction of Pi coins is possible, where individuals will exchange coins for an agreed amount, without the involvement of any bank or exchanges. You can sell Pi coins through P2P via both online or offline modes. This guide provides information for educational purposes only and advises against considering it as financial advice. Cryptocurrency markets are highly volatile, and it is essential to do your own research and seek professional advice before making any investment or trading decisions. In the following sections, we will examine several different ways of selling Pi coins.

So, I’m here to set the scene for you – let me explain this as clearly and concisely as possible. In the meantime, you can check our list of the best cryptocurrencies to buy right now, which includes projects that are focusing on building and driving adoption. Before finalizing the sale, carefully review all the details of your sell order, including the amount of Pi being sold and the price.

The current state of things is clear – you can’t buy Pi Network coin, and if you’re wondering, “can I sell my Pi coins? I even pointed it out at the beginning of this “How to Buy & Sell Pi Coin” tutorial – Pi seems to be everywhere. Even discarding the fact that it’s been dominating the popularity charts on the BitDegree tracker, this is a phantom asset that’s been raising questions all around the internet, especially in the last half a year. 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.

Suppose you’re owed a certain amount of Pi Coins for the amount sold. When the Pi Network’s mainnet is live, you can trade Pi Coin IOUs for the real Pi Coins. You can sell your Pi Coins to buyers through peer-to-peer trading or as IOUs. Or, consider direct spending of Pi Coin at Pi-accepting merchants. Whenever the mainnet opens up, and assuming that Pi will “act” the same as any other coin / token on the market, you should be able to start trading it on either DEXs, CEXs, or even both.

Since the Pi Network isn’t tradeable everywhere, few price pointers exist. So, prices can go from as low as $0.01 to as high as $100 per coin. Admittedly, the Pi Network is in a very unusual and interesting position, as far as – honestly? You can’t buy it, you can’t sell it, but you can “mine” it – however, even that doesn’t reference the usual “mining” process. These (and related) questions linger around everywhere the Pi coin is mentioned or talked about.

It’s just a UI thing, though – the tokens would still get transferred to your wallet, either way. Before that, though, I’d like to address the buzz that Pi has been receiving as of late, and the potential reasons for it. An IOU is just like it sounds – an “I owe you”, a sort of lending / borrowing agreement, usually expressed in the form of a written note.