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How to sell pi coin in (2024)
Pi Network is a mobile mining blockchain with an application that lets everyday people earn Pi coins with a simple single click on their phones. Pi Coin (PI) is the native crypto coin of the Pi crypto Network. This blockchain project aims to make mining accessible to any user with a desktop or mobile device and support a digital currency that can be used in everyday transactions.
Pi Network coin’s main aim was to allow the general public to be a part of cryptocurrency mining. At the base of Pi is its mobile app, which creates mining as simple as a tap every 24 hours.
Note: Pi Coin cannot be officially sold on any crypto exchange yet. If you choose to sell it offline through peer-to-peer methods, be cautious of potential scams and unfairly low prices. Always verify the buyer’s credibility to avoid fraud.
Pi officially has 50+ million Engaged Users, known as Pioneers The app is free in the Google Play and Apple App stores.
Whereas popular cryptocurrencies such as Bitcoin and Ethereum have become more centralized over time, the Pi Network was designed to make financial tools accessible to every user. This network is entirely supported by mobile technologies.
Pi Network has three types of users :
sellpicoins.com
- Pioneer: People who mine by simply tapping the lightning button. As of 1 January 2024, there were more than 50+ million Pioneers.
- Contributor: Users provide a list of trustworthy users to the network in exchange for an incentive.
- Ambassadors: People who bring unique users to the network using their referral code.
Convert Pi Network (PI) to USD/usd to (pi)
| PI | USD |
|---|---|
| 1 PI | 35.06 USD |
| 5 PI | 175.29 USD |
| 10 PI | 350.58 USD |
| 25 PI | 876.45 USD |
Given Pi’s accessibility for mining and its connection with Pi Day, May 29, 2024, presents a perfect opportunity for advertising. Its compatibility with Elon Musk’s standards for possible Tesla payment integration also strengthens its appeal to businesses, thus bolstering its value.
MINE PI COIN
History of Pi Coin
Nicolas Kokkalis and Chengdiao Fan founded the Pi Network. As of 1 April 2024, Pi Network claimed that there were more than 50 million Pioneers who mine the project’s native token.
By the end of 2019, the Pi network had more than 1 million subscribers, which later jumped to more than 14 million in March 2021. In 2020, Pi app started to generate revenue by advertisements. In 2022, the user base had 33 million members registered on its network. But now Pi has 50 million downloads on Play Store.
From 1.6 pi coins per hour, the mining rate dropped half when there were 1,00,000 subscribers. It dropped to 0.4 pi coins per hour at 1 million users and once more decreased to 0.2 tokens at 10 million. Till it hits 0 at 1 billion users, this halving will keep on.
What makes Pi unique?
Mobile Mining: Pi Network allows users to mine directly from their smartphones. In just One Minute
For the time being, there are no checks for the legitimacy of transactions; so, all you have to do to mine Pi is touch a button on your phone every 24 hours. Actually, you are receiving Pi coin vouchers for once daily app login that confirm you are not a robot.
Someone already on the network will send you an invitation code so you may register on the app. Pi Network offers a referral scheme whereby, based on the number of individuals using your invitation code to register, you could get further money.
What are the Uses of Pi Coins?
- Pi Network Marketplace: This platform allows users to buy and sell goods using Pi Coins, launch their collections to the Pi community, and educate them about the concept of NFTs in the industry.
- The coin was designed to transfer value, allowing various product and service payments. Currently, Pi Network users can only trade and transfer tokens with each other.
- Right Now the Project is Under Development.
Is Pi Cryptocurrency Legit?
The legitimacy of Pi Cryptocurrency (Pi Coin) is debated due to some factors. Many pi communities discuss the same topic on the internet. Here’s a breakdown of the arguments for and against it:
- Arguments for Legitimacy: Free to Mine: Anyone can download the app and start mining Pi coins, removing barriers to entry.
- Earning Model: The emphasis on inviting new users to increase earnings resembles Multi-Level Marketing (MLM) structures.
Overall, the Pi Network contains aspects that raise questions about its legitimacy. It is wise to examine and be aware of the potential risks before investing time or resources.
What is the Future of Pi Coins?
According to our Pi Network price prediction, PI is forecasted to trade between $39.46 and $188.23 next year. If it reaches the higher value target for 2025, pi coin value , Pi Network will increase by 383.20% and reach $188.23.
Pi Network is currently set to launch its mainnet in 2024. If that happens, then we will see its real value, and many experts say it will be below $59.
Sell Pi Coins
Peer-to-Peer (P2P) Platforms:
Peer-to-peer (P2P) are platforms where two people may connect directly to sale and purchase.
Social Media:
On Social platforms, you can sell your coins to people but only trusted people because there are also scammers on social media platforms like Facebook, Instagram, and YouTube.
Here is the link of Pi Community.
F2F Face-to-Face:
Arrange meetup offline and make deal face to face.
Is Mining Pi Coins Worth It?
Whether mining pi coins is worth It is subject to debate and speculation within the pi cryptocurrency community. The Pi Coin cryptocurrency is still in the pre-mainnet phase and has yet to gain full functionality or tradability on external exchanges. The value and potential return on investment stay uncertain until the project moves forward. If you are interested in investing in the project, you should be updated on the latest Pi Network news to keep informed of the latest developments in the coin.
Unique risks
Pi doesn’t risk your money because the app is free to use. When you check in to keep digging, you’re only giving up time.
The question is whether you should spend time on Pi. Some people think there’s no way to lose. They won’t lose any money if Pi never comes up with anything. If it does, they can sell the PI coins, which took little time or work.
You could look at it that way, but only count on Pi being worth something. The project has been in the works for years but has yet to launch, and its coin is worthless. Some people think it is a social experiment to see how long people will keep mining a coin they can’t get or use.
Remember that the Pi Network app can gather and share your information, such as personal information, information about how you use the app, and information about ads. Another thing is that the Pi Network wants to “Know Your Customer” (KYC) information from you, like pictures of your government-issued ID, before you can buy, sell, or trade anything from the new apps released on the Pi Network. You shouldn’t download Pi Network to control who can see your files.
Conclusion
Pi Network is now free and requires only the user’s attention. Its proponents contend that Pi Network is simply “taking its time” and is free of charge, and that scam allegations are baseless.
However, Pi Network collects private data through its KYC process in preparation for the token launch, which is expected to take place at some time. Furthermore, it has already acquired the phone numbers of all network subscribers.The official launch date for Pi Network is unclear.