Steps to Purchase Pi Coin
As Pi Community transitions to Open Mainnet, exchanges are making ready to allow Pi buying and selling. Buying and selling is about to start on February 20, 2025.
1. Create an Alternate Account and Full KYC
First, join on an change that helps Pi Coin. For this information, we’ll use OKX, however platforms like Bitget observe related steps.
- Go to OKX.com, register for an account, and full the KYC course of.
- KYC includes importing your ID and taking a selfie for verification.
- After verification, you possibly can deposit funds and put together for buying and selling.
2. Deposit Funds (USDT or Fiat) to Your Account
Pi Coin will commerce towards USDT. Right here’s learn how to fund your account:
- Deposit USDT from one other pockets (quickest methodology).
- Purchase USDT with fiat utilizing a bank card, financial institution switch, or P2P buying and selling.
- If you happen to already maintain crypto on OKX, convert it to USDT.
3. Look ahead to Pi Buying and selling to Start
Pi buying and selling isn’t stay but, however listed below are the important thing dates:
- Deposits open: February 12, 2025, at 2:45 AM UTC
- Name public sale interval: February 20, 2025, from 7:00 to eight:00 AM UTC
- Spot buying and selling begins: February 20, 2025, at 8:00 AM UTC
- Withdrawals accessible: February 21, 2025, at 8:00 AM UTC
4. Place a Purchase Order (PI/USDT)
As soon as buying and selling opens, you should purchase Pi Coin utilizing two order sorts:
- Restrict Order: Place an order at your most well-liked value. Obtainable through the first 5 minutes.
Buying and selling Restrictions at Launch:
- Most restrict order worth: $10,000 per consumer
- Most internet place measurement: $10,000 per consumer
You may maintain your Pi on OKX or switch it to a wallet as soon as withdrawals open.
The place to Purchase Pi Coin
A number of exchanges will checklist Pi Coin on February 20, 2025:
- OKX: Confirmed itemizing with an in depth schedule.
- Bitget: Additionally set to checklist Pi Coin on the identical day.
- Binance: Could checklist Pi Coin quickly, however no official affirmation but.
Watch out for Pi IOUs on Some Platforms
Some exchanges, akin to HTX (Huobi) and BitMart, commerce Pi IOUs, that are placeholders for the actual Pi Coin. These IOUs are speculative and don’t signify Pi’s precise worth. The true market value will emerge solely after official buying and selling begins on platforms like OKX and Bitget.
Who Already Holds Pi Cash?
Hundreds of thousands of individuals maintain Pi Cash from the cellular mining part through the Enclosed Mainnet interval. Pi Community used a mobile-friendly mining course of that allowed customers to earn Pi with out high-end gear. Till now, holders couldn’t commerce their cash externally. Nevertheless, with Open Mainnet and new listings, they will lastly commerce or switch their cash.
What to Anticipate When Pi Coin Goes Dwell on Exchanges
- A lot of cash could enter the market as early miners promote their holdings.
- Excessive volatility is probably going on account of speculative shopping for and promoting (FOMO).
- The worth could fluctuate earlier than stabilizing.
Ought to You Purchase Pi Coin Now or Wait?
Pi Coin’s itemizing marks a shift from hypothesis to precise market buying and selling. Early miners could promote, inflicting value swings. If you happen to consider in Pi’s long-term potential, think about holding fairly than chasing fast good points. As all the time, do your analysis and monitor market traits earlier than making a call.