Pi Coin: The cryptocurrency community is in buzz and excitement as Pi Network prepares to reach a major milestone with the highly anticipated launch of its Open Mainnet on February 20, 2025. The move to enter the Open Network opens the way for external connectivity on the Mainnet blockchain, enabling Pi to interact with other networks and systems. As a result, pioneers can now make transactions beyond the Pi ecosystem, increasing its utility and global reach.
Sharing the news about the same, Pi Network wrote on 'X', "One day left before Open Network's launch at 8:00AM UTC on February 20, 2025! The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means Pioneers will be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s utility and reach."
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Furthermore, this will mark a significant transition from a closed ecosystem to a fully decentralized network and may mark a substantial moment for Pi Coin. The step may potentially pave the way for Pi Coin's listings on prominent exchanges like Binance and OKX.
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What Is Pi Coin?
Pi Network happens to a unique cryptocurrency platform that combines social features, development tools, and real-world uses. It allows users to easily mine and send Pi coins using their mobile devices. Additionally, it also supports various apps built on its blockchain.
Pricing
As soon as the news of the PI/USDT spot trading pair listing on a prominent exchange came out, the Pi coin price surged 106%, breaking the $100 mark. Meanwhile, currently at Binance, apiece of Pi Coin is priced at $29.01 with a 24-hour trading volume of $6.62 million.
Step-by-Step Guide To Earn It
- Download and Set Up: Download the Pi Network app, sign up with Facebook or phone number, and complete your profile.
- Start Mining: Tap the lightning bolt icon to start mining Pi coins, and return to the app every 24 hours to continue mining.
- Build Security Circle: After 3 days, create a Security Circle with 3-5 trusted individuals to increase your mining rate.
- Invite Others: Share your referral code with known individuals to boost your mining rate and earn rewards.
- Engage with the App: Participate in discussions, polls, and testing new features to increase your mining rate.
- Understand Earning Tiers: Learn about the tiered structure, including Pioneers, Ambassadors, Contributors, and maximize your earnings.
Notably, Pi coins are not yet listed on the exchanges, meaning they currently cannot be traded for real money.
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