How to buy Pi Network | Buy Pi Network in 4 easy steps

April 18, 2023 10:23 pm

Pi coin is considered a pioneer as it is the first-ever digital currency that can be efficiently mined by a smartphone. This coin is Pi Network’s primary cryptocurrency. Additionally, it has a robust referral system, which helps users generate cash by referring and also attracts new users in a similar way. In this descriptive blog, learn how to buy a Pi network in four easy steps.

How to buy Pi Network (Pi) in four simple and easy steps

Pi Coin is still in its testing phase (2nd phase) and hence cannot be purchased right now; it can only be minted. However, If you want to buy Pi crypto before its launch as a “Financial Investment”, here are four simple steps to buy Pi token easily:

Step 1: Download the Pi Network App

Step 2: Set Up the Account

Step 3: Start Minting the Coin

Step 4: Keep Minting

Step 1: Download the Pi Network App

Though Pi Coin has been listed on a few exchange platforms, it is currently advised not to buy from any third-party exchange platforms. The only way right now to mint a Pi coin is through its original app. Download the Pi Network App on your phone (Supports both IOS and Android).

Step 2: Set Up the Account

After downloading the app, you need to set up an account. To set up an account, information such as a username, password, and phone number or email address is required.

Step 3: Start Minting the Coin

After setting up an account, there is a Lightning button. As the app is currently in its beta phase, one cannot buy or sell the coin. Currently, only coin minting is possible. Click that lightning button to start minting the Pi coin.

Step 4: Keep Minting

You need to check the app every 24 hours and click on the Lightning button to continue minting. The coin can only be exchanged or sold after the successful launch of the Mainnet Phase (3rd phase).

Where to buy Pi Network (Pi)

1. BitMart

Header 1	Header 1
Operational Since	March 2017
Weekly Average Transaction Volume	$1.19B (As of 10/03/2023)
Deposit Methods	Credit Card, Bank Transfer, Paypal, Cash Deposits
Deposit Fees	Free
Cryptos Listed	More than 1000
Trading Fees	Maker fees of 0.04% and taker fees of 0.06%.
Fiat Currencies Supported	42 fiat currencies supported, including EUR, USD, CAD, AUD, HKD, and more
Trustworthiness	Safe

2. HUOBI Global

Header 1	Header 1
Operational Since	2013
Weekly Average Transaction Volume	$1.19B (As of 10/03/2023)
Deposit Methods	Cryptocurrency and Wire Transfer
Deposit Fees	None for cryptocurrency deposits, wire transfer fees may apply
Cryptos Listed	400+
Trading Fees	0.2%
Fiat Currencies Supported	USD, EUR, GBP, AUD, CAD, CNY, and more
Trustworthiness	Safe and reliable

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Frequently Asked Questions

Where can you buy Pi with a credit or debit card?

Pi Coin, as mentioned above, is in its testing phase and cannot be purchased. Hence, there is no use of credit or debit cards. As of now, users can only mint the coin via the Pi Network App. Once the coin is officially listed on different exchanges, users can easily buy the coin by credit or debit card.

What will you need to buy a Pi Network?

The coin right now can only be minted, and to do the same user needs to download PI Network App on the phone. You can set up your account by entering information like Username, Password, Email or Phone number. And there you are ready to start minting Pi coins.

What is the easiest way to buy a Pi Network?

There is no way to buy Pi Coin right now, as it has not been officially listed on any exchange platform. However, Pi Coin minting is possible, and the steps are mentioned above.

Best wallets to store your Pi Network (PI)

As the coin has not been released yet, it is a bit hard to answer. However, as per the market research, CoinBase Wallet and MetaMask can be used to store Pi Coin, as these are one of the most trusted wallets to store cryptocurrency.