What is Pi Coin which is being discussed in the crypto world? The price fell so much as soon as it was listed on the exchanges
Pi Coin remains in the headlines in the cryptocurrency community. Pi Network has launched its much-awaited Open Mainnet on the previous day. After this launch, users will now be able to transfer their Pi Coin outside the network. Let us tell you that Pi Coin is now available on crypto exchanges OKX, Bitget and CoinDCX. You can sell, buy and trade it. It has been a topic of discussion since its launch on the previous day. In such a situation, let us know what is Pi Coin (What is Pi Coin)? And how much its price fell as soon as it was listed on the exchanges.
What is Pi coin
Users can mine and transact Pi Coin on the special cryptocurrency platform Pi Network. Pi Network provides this facility to users through mobile. Based on its blockchain ecosystem, this platform supports different applications. With this, developers can develop new innovative tools and services.
What is the price
After the announcement of the listing of the PI / USDT spot trading pair, a tremendous jump of 106% was seen in this price. Due to which it crossed the $ 100 mark. Its trading volume was recorded at $ 944,489.97. At that time the price of Pi Coin on Binance was $ 71.81.
But with the launch, Pi Coin fell sharply. Its price fell by up to 21%. After going live for spot trading on crypto exchanges, PI Coin is trading at $ 1.50 (Pi Coin Price Today) on OKX. On the other hand, it is trading at $ 1.20 on Bitget. However, its price remains highly volatile. Its price is fluctuating.
How will Pi Coin be traded in India?
If you already have Pi Coin. So to sell it on the crypto exchange Bitget Exchange, you must first complete the registration and KYC process. After this, you can sell your Pi Coin by following the instructions given on Bitget’s platform.
How to transfer funds?
After selling Pi Coin on Bitget, you can transfer your funds to CoinDCX. Once the money is in your CoinDCX wallet, you can easily withdraw it to your bank account.
Step-by-step procedure to earn Pi Coin
Download and setup
- Download the Pi Network app, sign up with Facebook or phone number and create a profile.
Start mining
- Once your account is setup, click on the lightning icon in the app to mine Pi Coin and continue mining by opening the app again every 24 hours.
Create a security circle
- After mining for three consecutive days, you will get the option to create a security circle. Add three to five trusted people to it, this will increase your mining speed and strengthen security.
Expand your network
- If you want to increase your mining rate and rewards, share your referral code with friends and acquaintances. When they join your code and start mining, you will get additional benefits.
Be active in the app
- Pi Network is not just limited to mining, but being active in it by being a part of new updates, polls and discussions, strengthens your participation in the network.
- Understand the three main roles in Pi Network Pioneer, Ambassador, Contributor and maximize your earnings
