As a seasoned researcher and crypto enthusiast with years of experience navigating the dynamic world of digital currencies, I must admit that the Pi Network has piqued my interest since its inception. The anticipation for the mainnet launch is palpable, and I can’t help but wonder if this could be the next big thing in the crypto sphere.
Worldwide interest in the Pi Network remains strong, as an ever-growing number of people – millions at this point – have been holding onto Pi coins in their digital wallets for extended periods. As the main network’s release draws nearer, excitement about it continues to build steadily.
If you’re here, it seems like you might be interested in exchanging some of your Pi coins for USDT (Tether) or other traditional currencies. This guide will show you how to go about selling Pi coins on platforms such as Bybit, BitMart, HTX, and Bitget, even though these platforms don’t have direct trading pairs available just yet.
Understanding Pi to USDT Exchange Rates on Crypto Platforms
To start with the selling procedure, first, let’s get familiar with the current trading prices of Pi coin on well-known cryptocurrency exchanges.
Pi Coin Exchange Rates (Non-Tradable)
- Bybit: $65.21 per PI (non-tradable, no currency pairs)
- BitMart: $65.01 per PI (non-tradable, no currency pairs)
- Bitget: $64.74 per PI (non-tradable, no currency pairs)
- HTX: $63.87 per PI (non-tradable, no currency pairs)
On these platforms, Pi coins may seem like they have exchange rates, but they can’t be traded because there are no officially recognized trading pairs. In other words, you can’t swap Pi for USDT on these exchanges directly.
Can You Sell Pi Coins on Bybit, BitMart, HTX, or Bitget?
Currently, no direct trading option exists for Pi coins on these platforms. However, alternative methods are available through trusted third-party services like fnfSwap Freelance, which facilitates swapping Pi coins for USDT. Here’s how it works.
Steps to Sell Pi Network Coins for USDT
1. Agree on the Exchange Rate
- Begin by confirming the prevailing exchange rate for Pi to USDT with the vendor.
- If you agree with the rate, you can proceed. Otherwise, you can hold your Pi coins until the rate is more favorable.
2. Ensure Pi Coins Are in the Mainnet Wallet
- Confirm that your Pi coins are in your mainnet wallet balance (not testnet balance).
- Transactions can only be conducted with mainnet Pi coins.
3. Transfer Pi Tokens
- Once you agree on the rate, the vendor will provide their dedicated Pi wallet address.
- Transfer your Pi coins to the provided address and take a screenshot of the transaction receipt for verification.
4. Provide Your USDT Wallet Address
- Share your USDT wallet address for receiving payment.
- Vendors often prefer exchanges like Binance or Bybit for cost-effective internal transfers.
5. Confirm and Review the Transaction
- After verifying the Pi coin transfer, the vendor will send the equivalent USDT to your wallet.
- Once you receive the funds, leave a review to help others gauge the vendor’s reliability.
Real-Life Example: A Successful Pi-to-USDT Transaction
Nitish, based in India, managed to sell 100 digital coins known as Pi through fnfSwap. He was pleased with the smooth transaction process and later sold an extra 350 Pi coins for approximately $245 USDT. Here’s a breakdown of the steps he took:
- Agreed on the exchange rate.
- Confirmed his mainnet Pi wallet balance.
- Transferred Pi coins to the vendor’s wallet and shared the receipt.
- Provided his Binance wallet address for the USDT payment.
- Received the USDT equivalent and left a positive review.
This method demonstrates how people can safely trade Pi coins even when they are not directly listed on big exchanges.
Last Piece of Advice
Although you can’t directly trade Pi Coins on platforms such as Bybit, BitMart, HTX, or Bitget at present, alternatives like fnfSwap Freelance provide a dependable method for conversion. Here’s a step-by-step guide to help you exchange your Pi Coins into USDT securely.
To receive more help, get in touch with reliable sources for exchanging Pi to USDT, or keep yourself informed about the recent advancements in the Pi Network’s trading scene.
Also Read : Will Pi Network Price Hit $100 Before Mainnet Launch?
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2024-11-30 19:01