Explained: What’s Pi Coin? All Details Here

The cryptocurrency community is full of cheers as Pi Network is set to launch its Open Mainnet on 20 February 2025. This development marks a significant milestone in the crypto world as it’s set to fully transition into the decentralised blockchain network. From now on, Pi coin will be listed on major exchanges including Binance and OKX.

What is Pi Coin?

Pi Network is a cryptocurrency platform that facilitates social interaction, developer tools, and real-world applications. Through this platform, users will be able to mine and transact Pi coins via mobile devices.

Pricing

The price of Pi coin went up by 106%, breaking the $100 barrier ceiling. Trading of this cryptocurrency is set to commence on 20 February at 08:00 AM UTC. Currently, Pi coin is valued at $71.81, with a market capitalisation of $0 USD.

Steps to earn a Pi coin

1. Download the Pi Network app, sign up via Facebook or phone number, and complete your profile.

2. In order to mine a Pi coin, tap on the lightning bolt icon and revisit the app after every 24 hours to continue earning.

3. After three days, form a Security Circle with three to five trusted contacts to boost your mining rate.

4. Share your referral code with known individuals to increase your mining rate and earn additional rewards.

5. In order to enhance your mining activity, participate in discussions, polls, while also testing new features.

6. Explained: What’s Pi Coin? All Details Here

Currently, Pi coins cannot be traded for real currency as these are not listed on the exchanges.