The Pi Network price has been on a rollercoaster ride, leaving traders dizzy with its sudden dips and soaring heights. On February 20, 2025, the Pi Coin value hit an all-time high of $1.97, but it has since dropped by 67%. However, given the massive hype around this token and the potential listing on Binance, traders are still looking for how to buy Pi Coin today and maximize potential gains.
If you are an investor looking to buy the Pi Coin price dip and capitalize on gains if Binance lists it, here’s everything you need to know. But first, let’s take a moment to appreciate the irony of a cryptocurrency named after a mathematical constant that represents the ratio of a circle’s circumference to its diameter, struggling to find its footing in the ever-expanding universe of digital currencies.
Pi Network: How to Buy Pi Coin Today
The easiest way to buy, trade, and hold Pi Coin is through a centralized exchange (CEX). Below are the steps to follow when using a CEX.
- Create an account on your preferred exchange
The first step is to create an account on a centralized exchange. One of the major exchanges that have listed Pi Coin is OKX. Others include MEXC, Bitget, Gate.io, and BitMart. When choosing an exchange, consider factors such as user-friendliness, fees, and the accepted payment methods that you can use to buy Pi token. And remember, always do your own research (DYOR) before investing in any cryptocurrency.
- Set up your account and complete identity verification
Setting up an account on a CEX includes submitting information like your email address or phone number and creating a strong password. Some exchanges will require that you complete a Know Your Customer (KYC) verification to confirm your identity. Once you complete the KYC, you will have access to Pi Coin and other assets listed on the exchange. It is important to set up two-factor authentication (2FA) to secure your account, because who wants to wake up one day and find out their Pi Coin has been stolen by some digital bandit? 😱
- Provide a payment method
You need to provide a payment method that you will use to buy Pi Network token on a CEX. Some of the most common payment methods include debit cards, credit cards, and bank accounts. You should keep in mind that the available payment method differs from one exchange to the next. And remember, always double-check the payment method before confirming the transaction, because who wants to accidentally buy Pi Coin with their grandma’s pension fund? 😱
- Buy Pi Coin
Once you have deposited funds into your account, you are now ready to buy Pi token. Some exchanges may allow you to buy Pi Coin using fiat currency. If that is not the case, you can first buy popular stablecoins like USDT and then exchange them for Pi Coin. And remember, always keep an eye on the market trends and news, because who wants to buy Pi Coin at its peak and then watch it plummet like a lead balloon? 😱
Is Now the Right Time to Buy Pi Network Token?
Pi Network price crashed after the mainnet launch after dropping with a -58% move in the last 24 hours. PI Coin launched at a value of $1.24, but has since dropped to trade at $0.648 today. According to analyst Kim Wong this decline is because of high selling activity and low buy orders. In his analysis, Wong stated that despite the “disappointing” launch, the price was likely to go back up. Wong based his bullish outlook on the potential of Open Network and the possible exhaustion of sellers. He added that big capital or institutions would also likely flock to the Pi Coin market. But remember, past performance is not an indicator of future results, and who wants to be the last one holding the Pi Coin bag when the music stops? 😱
Besides seller exhaustion, the other factor that could act as a catalyst for Pi Network price is Binance’s listing. The exchange has not confirmed whether it will list the token but it has launched a voting poll where 86% of voters are in favor. But remember, even if Binance lists Pi Coin, it doesn’t guarantee that the price will skyrocket, and who wants to be the one who bought Pi Coin at its peak, only to see it plummet like a lead balloon when the Binance hype dies down? 😱
As these bullish signs align, Pi Network could be poised for a strong uptrend. However, traders looking for how to buy Pi Coin today should remain cautious due to the volatile moves of new tokens. And remember, always invest only what you can afford to lose, because who wants to be the one who lost their life savings on a digital currency that turned out to be as valuable as a unicorn’s fart? 😱
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2025-02-21 14:09