Looking to buy and sell the Pi Coin and make some huge profit for yourself?
Maybe you’ve accumulated enough Pi coin over the years as an early bird, and thinking it’s probably time to start cashing out and making money with the Pi coin.
Well, it’s allowed, because the Pi Coin is one of the most speculated cryptocurrency right now in the crypto space.
It is projected that Pi will become a useful crypto for the exchange of products and services in the Web3 ecosystem.
Recently, the Pi network launched its mainnet which made the Pi coin available for transfers between users.
This Pi coin transfer is currently available to Pi users who have passed the KYC process.
So, how do you start buying and selling Pi via crypto networks for profit?
How to Sell Pi Coin to Other Networks
Most Pi users are looking to sell their Pi Coin to buyers in other networks.
According to Pi, that is the next stage of the Pi evolution.
Currently, you can only sell Pi to users on the Pi network, which means that all total mined Pi exist only on the Pi network for now.
Pi Coin Price Today
Since Pi is not currently being traded on public exchanges, the price of the Pi coin is decided by the buyer and seller.
The price of Pi coin for any exchange deal will depend on the perceived worth from both sides of the deal.
So far from deals I’ve seen, the price of Pi is going for less than $0.0002 which is quite low but can be substantial if you have mined millions of Pi already.
By this estimate, 10 million Pi coin could be sold for as much as $2,000.
Pi Coin Value in 2030
It is projected that Pi coin will be worth at least $5 by 2030, citing crypto adoption and the evolution of the Web3.
It is obviously just a guess, but who knows if Pi coin would be worth up to that or even surpass that value.
At a current ridiculous price of less than $0.0002 buying the Pi coin now is more or less a non-risk in my own opinion.
How to Buy Pi Coin Cheaply
To start buying and selling the Pi coin, you’ll need to have a verified Pi account.
That is, you have an account that has passed the compulsory Pi KYC verification step.
This is important because accumulating Pi coins with an unverified Pi account is a big risk.
According to Pi, only users who have passed their KYC are legitimate owners of the Pi coins in their wallets.
Buy Pi Coins from Pi Whales
From my experience, the majority of users willing to sell their Pi coins are the Pi Whales.
These are users that have accumulated millions of Pi coins due to their early engagements and mining.
You can find these large holders of Pi coins and convince them to sell some to you at a reasonable price.
Buy Pi Coins from your Security Circle
I’ve found that this is one of the easiest ways to buy and sell Pi coins without breaking a sweat.
Users in your security circle probably are already familiar with you and would be more willing to exchange Pi coins with you at a reasonable cost.
So, just ask and you might become the next Pi coin whale.
Buy Pi Coins via Customer Referral
Another cool way to buy Pi coins is to ask those you’ve bought from to refer their friends to you.
This could create a sort of network effect where you have sellers bringing other sellers to you.
And you know what happens to price when the supply is surplus; it goes down.
This way, you could start buying lots of Pi coins at below market rate without even trying to bargain.
How to Sell Pi Coin for Profit
If you’ve mined or accumulated lots of Pi coins, you have two options of making profit with it.
You could either stake your Pi coin or sell it for profit.
Staking your Pi coin is more of a long-term strategy while selling your Pi coin is regarded as a short-term measure.
The good thing is, if you choose to sell your Pi coin, you can do so using the same methods outlined above for buying Pi coins.
You could sell to Pi coin whales and large holders, you could sell to users in your security circle, and you could sell through a network of sellers referring other sellers to you.
How to Convert Pi Coins to other Crypto
I’ve been asked by a lot of people how to exchange or convert their Pi coins to other cryptocurrency.
But the truth is, all mined Pi coins are currently locked in the Pi network until the next phase of the Pi development.
So, if you’re looking to convert your Pi coins into other crypto, you’ll need to first sell your holdings and then use the proceeds to purchase other crypto of your choice.