How to sell Pi coin in India?
This is the question that has recently spread throughout the internet. People do not care about any other thing as long as there is an opportunity to earn. A couple of months ago, there was this coin and network named Pi that started working, and the crypto community is curious about it. But what are the reasons behind it?
In this article, you will be able to learn important things about the Pi network launch date, the current price of Pi coin, Pi network, how does it work, and how to buy Pi coin in India.
So, let’s begin.
Pi Network Coin
The main purpose of the Pi network is that everyone can mine cryptocurrency whether they have experience or not. The platform or network allows its users to mine cryptocurrencies from their smartphones. So, the platform eliminates all the expenses of GUPs, hardware, and ASICs. But, the network is comparatively new, so there is a lot to explore.
First of all, this is the first platform that allows users to mine from devices that have no batteries. If you want to start mining, then you only need an internet connection. The network also has its native coin, which is called the Pi coin. And you can purchase products and services that the network offers you.
Pi Network: Key Features
Different cryptocurrency network has different features. So, here are the key features that Pi Network offers.
- Decentralized and Reliable
As we already know, the cryptocurrency network is all about decentralization. But here, you will find a couple of other features. First, it is customizable. Secondly, it is flexible, and most importantly, there are fewer errors that you will find. Also, the network has no single owner.
- Mobile Mining
Pi network has introduced us to a new world where it is possible to mine through a smartphone. If you have a working smartphone and internet connection, then you can easily earn Pi by mining it.
- Exclusive Mobile Ecosystem
Pi network saw a problem in the crypto community and tried to introduce a solution which is the expense of GPU and ASIC mining. If you are aware of GPU mining, then you must know that it costs a fortune. Pi is working to create an ecosystem, and there is a global technology that develops mining opportunities for everyone.
There are social communications and a variety of applications that allow individuals and businesses to earn. And the ecosystem is highly attractive to many users right now.
Buy and Sell Pi Network Coin
Before going to the answer where and how you can sell Pi coin in India, first discuss to you can buy this coin. There is an exchange named BuyUcoin in India that is currently a popular crypt exchange that people have been using. You will find different pairs of cryptocurrencies, stablecoins, and fiat currencies as well for exchanging Pi coins.
Basically, there are a total of five steps when you try to buy Pi Coins. By the way, I am talking about people who are new in the crypto community, for you have to start by registering and opening an online account. Then there will be the KYC verification that you need to go through.
There will be a Google 2-step verification as well for more safety which is good for you. And in the final stage, you need to give your bank details. And it will finally lead you to the investment in Pi coin.
Step-By-Step Guide, Pi Network Sell
Here are the steps to how to sell Pi coin in India.
Step 1. Digital Crypto Wallet
If you want to invest or trade anything, the first thing is to have an account. And in this case, you will need a crypto account where you can store your owed cryptocurrencies. For trading Pi coin, the best that I can advise you to use is the BuyUcoin. It is basically a digital wallet.
Step 2. Open An Account
The second step is to register and open an account. So, to do that, you need open the service account portal. You can open this through Google, also. And from my perspective, it is the best way to open. There, you need to fill up a couple of details about yourself, and then you can open an account.
Step 3. KYC Completion
So, your account is opened. Now, you need KYC verification. According to Indian jurisdiction, you need to go through the KYC verification. Otherwise, you can’t transact anything that consists of money. This is basically a precaution that you can’t escape with the money.
Step 4. 2 Factor Authentication or 2-Step Verification
This is mandatory for securing your account. There is an authenticator app that you need to install, and then there will be a 2FA. Every time you need to enter a 6-digit password to log in to your account.
Step 5. Add bank Details
Lastly, there will be a page where you need to enter some basic bank details, such as your name, account number, and IFSC code, so that it will be easy for you and the platform to deposit and withdraw money.
Trade Pi Coin
Without opening a crypto account, there is no possible way to trade Pi coin. As I already mentioned how to do, there is only one thing that beginners should know. It is always better to have a crypto wallet, and with a private key, the wallet will be secured for eternity. Other than this, you may find Pi coins on different decentralized crypto exchanges as well.
Pi Coin Alternatives In India
The Pi coin is one of the most well-known coins in the crypto landscape. However, it is not the only coin that has taken the market by storm. In fact, there are other brands in the market. Here is a small list of some of the biggest and best alternatives to Pi coins in India.
Bitcoin
Bitcoin is one of the biggest and most important cryptocurrencies on this planet. It was the one that started it all. It opened the floodgates for newer currencies to enter. It is a great alternative to Pi coins and should be explored more. Like Pi, it is a well-adapted coin that works with every system out there.
Monero
Monero is one of the best digital currencies of 2024. It is a secure and private crypto that is mostly untraceable and works on an open-source architecture. Monero is one of the only crypto that allows users to have their own banking system and control the flow of the crypto. Hence, it provides a different level of freedom than any other crypto does.
Ethereum
Ethereum is another uber-popular crypto that has taken over the industry. Ethereum is a decentralized platform that does not work according to the norms of the crypto market. This is a double-edged sword. It removes the caps on the profit as well as the loss. Still, it is a great currency that needs to be explored more.
Litecoin
Litecoin is another peer-to-peer internet currency that has made waves in the crypto industry. It is one of the few currencies that allow instant payments to anybody in this world. It is a subsidiary of Bitcoin and is mined in the same way as Bitcoin. However, there are some differences that set it apart from Bitcoin as a whole.
Dogecoin
Dogecoin is another open-source, decentralized crypto solution. Its decentralized nature is one of its biggest advantages. It makes the coin perfect for investing, making payments, etc. The coin is widely considered by several big corporations worldwide. As a result, it is a perfect alternative to PI coin in this country.
Cardano
Cardano is a decentralized internet currency that functions in the decentralized public blockchain format. This makes it a unique currency that works uniquely. One of the biggest aspects of the currency is that it is open source and seeks to deliver some amazing solutions to its users. Yet, it is an underrated crypto that needs more attention from users.
NameCoin
Namecoin is an ancillary part of the Bitcoin architecture. Namecoin is an extension of Bitcoin and shares some stark similarities with the former. In fact, some even claim that NameCoin is a Bitcoin replica. However, that is not the truth. Both coins are different from each other and offer a new experience to their users.
Alephium
Alphenium is the newest crypto blockchain on the market. This is a decentralized crypto that has gained a cult status. This is a purely decentralized currency that provides unique solutions to its users. It is a great alternative to Pi coin for Iphone users.
Final Words
First of all, the network and the coin, are both comparatively new in the crypto market. So, if you want to take a risk on this network and invest, that is all up to you. Other than this, there is no clear data that shows the full authenticity of the network. The pi network price in India shows around $50, and CoinMarketCap does not prove its authenticity.
If you have anything to ask, please feel free to let us know in the comment section below.
Thank You.
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