Long gone are the days when Bitcoin was the only cryptocurrency we knew of. With big crypto players such as Ethereum (ETH), Tether (USDT), BNB (and others) dominating the market, experts seem right to believe that digital assets like cryptocurrencies will form the foundation of the economy of the future.
Are we surprised? Not really. Since they are not controlled by any central authority and offer improved security, efficiency, and transparency, they have experienced meteoric growth and widespread adoption, moving towards becoming the primary means of exchange in the future.
One of the newest cryptocurrencies is Pi INU. In this blog post, we will walk you through the steps for purchasing Pi INU.
What Is Pi INU?
Pi INU is a relatively new cryptocurrency that launched on November 8, 2021, and was first tradeable on December 2, 2021. Pi INU is a meme coin that is connected to the Pi Network and runs on the Binance Smart Chain. The rules of mining Pi INU are quite straightforward and give miners getting withdrawal claims aggregated on a monthly basis and paid out the following month. Pi INU has a total supply of 3,141,592,653,589.
The ‘Pi’ in the symbol is a reference to the Pi Network, and its purpose is to serve as a bridge between the two. When the Pi Network’s infrastructure is complete, it will work as a middleman to enable transactions between the two networks.
If you’re interested in investing in Pi INU, you may be wondering how to buy it.
Step 1: Open a cryptocurrency wallet
Before you buy a Pi INU, you have to set up a digital wallet compatible with the Pi INU token. Some of the more well-known wallets compatible with Pi INU are Trust Wallet, MetaMask, and MyEtherWallet. To verify that your digital wallet is reliable and secure, make sure it can support the Pi INU token.
Step 2: Buy Ethereum
Pi INU is an Ethereum-blockchain-run digital asset, conditioning traders to buy Ethereum (ETH) before they can obtain Pi INU. You can buy ETH on cryptocurrency exchanges like Binance, Coinbase, or Kraken. It is essential to go with a secure and reliable platform.
Step 3: Transfer ETH to your wallet
After buying ETH, you must move it to a wallet compatible with Pi INU. The easiest way to do it is to get your wallet’s ETH address and then transmit the ETH from your trading account to your wallet.
Step 4: Find a Pi INU exchange
After you’ve located a crypto exchange that is compatible with Pi INU, you need to link your wallet to that exchange. Some of the more well-known exchanges that are Pi INU friendly are:
- Uniswap,
- PancakeSwap, and
- 1inch.
Step 5: Buy Pi INU
After attaching your wallet to the exchange, you can acquire Pi INU with your ETH account balance. The method of obtaining Pi INU may be different depending on the exchange you are using, but typically, you will need to choose the Pi INU token and enter the quantity of ETH you want to swap for Pi INU.
Step 6: Move Pi INU to your wallet
When you buy Pi INU, move it out of the trading platform and into your crypto wallet. To do that, first, get your wallet’s Pi INU address and move the Pi INU from the exchange to your wallet.
Pi INU Price 2023
As listed on Binance, the live price of Pi INU is $ 7e-7 per (PINU / USD) today, with a current market cap of $ 0 USD. 24-hour trading volume is $ 7,418.14 USD. On January 19, 2023, Pi INU was +0.12%. Pi INU has a circulating supply of 0 USD.
The Future of Pi INU
As per Pi INU whitepaper, “although the value of Pi network ‘coin’ has unconfirmed and has not been verified as an investment target, since it aims to create an ecosystem based on a very large number of users, the possibility of success is expected to be very high”.
Disclaimer: Investing can be quite a wild ride – especially when you don’t know the terrain! To keep things from getting too rocky, take some time beforehand to get familiar with all of the risks involved. Our site is here to up your investor game by providing all available intel about platforms and trends, but we don’t take responsibility nor can we be held accountable as advisors. That being said, it’s still important for you to make educated decisions that match what works best for YOU – just remember: no amount of savvy will guarantee success or protect against loss so invest money you can spare.
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