PI Network price π is $300? How to Withdraw PI Network Coin? Is this a Price Speculation??
This post is very short and just want to inform about the PI network and its price speculation. Before I start, there is a disclaimer for you:
This is just an educational post, I urge you to do you own research before any investment in the crypto industry.
To those of you, who don’t know what is PI network is, it’s a crypto currency which use users’ devices like per-to-per as a node to transfer the network activities and in the return, it gives the users a rewards. A reward is named as PI, just like name BTC and Eth. which on the date of recoding this video, the value of one PI equal to 0 dollar. It’s also written in the PI website. There is a reason behind it, as they wrote there they will be gradually developing their coin to test net and to the main net. The current phase says enclosed mainnet. Which mean the coin is not available to everyone!
How much a PI coin worth right now?
the value of one PI equal to 0 dollar. Which mean nothing!! It’s also written in the PI website.
There are few things about PI network, I would like to address here.
- The PI Network website even have a notice that the price reflect in these exchanges are not affiliated with their crypto currency. If and when PI network goes to the mainnet live, then you can see the listing contract on the CMS, coinmarketcap.com or coingecko.com. Then only, you can exchange the coin.
- The second of all, the price jump from 15 USD to 300 USD within matter of minutes. That’s so unreal. This project has been there for long time. I am not saying that this project shouldn’t be there but all volatility is so unnatural.
- How can you withdraw PI coin to your bank account? As far I know they have three steps for the rewards to get into mainnet. Once you mine the PI, your income will appear in Unverified Balance where they need your KYC verification. Once your unverified balance process is completed, your earning will move to Transferable balance to mainnet there are few more steps upon completing your balance will move to migrated to mainnet.
This is all in this post, before I signout, I wish you the 2023 brings you lots of joy and happiness. Happy new year 2023.