Pi price today, PI to USD live price, marketcap and chart
Since you can’t technically buy Pi just yet, all of the coins you’ve gathered till now could be considered “profits”. Pi drew the world’s attention by offering its community members a revolutionary approach to mining Pi coins. Their innovative mining approach and strong referral system successfully built a network of 47 million people.
Has Pi Coin already launched?
Once you have created your account and transferred your Pi Coins to the exchange wallet, you can start setting up a sell order. A sell order is an instruction to the exchange to sell your Pi Coins for another cryptocurrency or fiat currency when a certain price is reached. Pi Network has gained attention for its unique mobile mining approach, allowing users to mine Pi coins directly from their mobile devices with minimal energy consumption. However, since the mainnet is still in its "enclosed" phase, Pi coins are not yet tradable on cryptocurrency exchanges. This means price discovery is highly limited, and the actual value of a single Pi coin remains speculative. It could be worth just a few cents, a dollar, or potentially much more—but as of now, no one knows for sure.
Once your coins are there, you can set up a sell order and choose your preferred method for selling. It’s important to keep track of market trends and news updates that may affect the price of Pi Coin. With decades of experience in crypto, we know the ins and outs of trading virtual currencies.
These (and related) questions linger around everywhere the Pi coin is mentioned or talked about. It doesn’t really inspire confidence in the project, especially seeing that concrete, specific, and clear information isn’t always all that easy to find. 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.
The semantics don’t really matter - what matters is that this is how you would go about earning Pi coins. From there, you will be prompted to enter your name, email address, and password. Once you have done this, Coinbase will send you an email to verify your account.
Learn to gain real rewards
There are several ways that you can use in 2024 to sell your Pi coins. However, it is worth mentioning my bitcoin is soaring in value and im paralysed with fear that Pi Network’s price may vary depending on the method you use. 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. 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.
- This is the reason why you don’t find Pi coins on major crypto exchange platforms for trading.
- 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.
- But in case a user wants a secure transaction then offline is a wise option.
- Similarly, if there is a decrease in demand or negative market trends, it can lead to a drop in value.
Trade Pi Coin IOUs
As of now, you cannot sell your pi coins; they can only be transferred between users within the pi network or exchanged for goods and services through merchants who accept pi coins as payment. However, once pi coins become tradable on cryptocurrency exchanges, their potential value may skyrocket due to their unique mining mechanism and growing popularity among investors. Being beginner’s guide to buying and selling cryptocurrency 2021 on the exchange platform ensures reliable trading of cryptocurrency. Although Pi Network open mainnet is still not officially out on the exchange list, it is highly anticipated to launch soon.
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. Recently, the Pi Network team has made efforts to attract new developers to its network, signaling potential preparations for the open mainnet launch. most expensive nft In addition, they have outlined several conditions that must be met before the opening of the mainnet.
Once this happens, Pi coin can be traded like any other cryptocurrency, with official prices, liquidity, and secure trading mechanisms. As a bit of a sidenote here, I do also want to point out on thing - there are A LOT of copycat projects and coins with similar names out there. Sometimes, exchange platforms get it wrong, themselves, and link users to unrelated assets.