What is Pi Network Coin (PI)?
Pi Network is a cryptocurrency-based project whose sole purpose is to continue access to cryptocurrency mining. The Pi network allows users to take advantage of cryptocurrencies from their smartphones, eliminating the need for expensive hardware and GPUs.
This is the first cryptocurrency extracted from the device without battery consumption. The user only needs an internet connection from me. Pi is the primary brand of the Pi network and will be used to purchase services through the Pi network.
Currently, the Pi network is in the second phase of testing, and a full-fledged launch will happen in Phase 3.
Key features of Pi Network
There are various features that Pi coin offers. A few of them are:
Reliable and decentralized: Pi is easily compatible, less error-prone and flexible. It is completely decentralized and has no owner.
Exclusive Mobile Ecosystem: With its world-class technology, Pi creates an ecosystem that allows non-GPU users to develop their interest in mining. There are different uses and social connections in the ecosystem of individuals and companies. Pi can only be used in this ecosystem.
Mobile-Mining: Pi has bought a revolution in mining by allowing internet users to earn Pi by mining with a smartphone.
How to Buy Pi Network Coin?
If you are wondering where to buy Pi Coin in India, BuyUcoin is one of the best exchanges in India for trading Pi Coin. All pairs of digital currencies, Fiat and StableCoin are available. The best place to get Pi Coin in India is BuyUCoin which has one of the highest PI INR trades in India.
This is a five step method. First of all, you have to register after opening an account. After completing the Know Your Customer (KYC) process, users will need to go through two Google verification steps and then provide banking details before investing in Pi Coin.
Buy Pi Network Coin in India — Step by Step Guide for Beginners
Follow this step by step guide to buy Pi Coin with BuyUcoin:
Step 1 — Opening a Digital Crypto Wallet
A digital wallet stores all of your digital currencies in one place. Blockchain technology is used to communicate with other users on the network. BuyUcoin is a leading provider of digital wallets.
BuyUcoin Digital Wallet
Step 2 — Register & Open an Account
When you enter the BuyUcoin/Signup account, register and open a service account. Choose your person or company form of account. Choose your country and adhere to the terms and conditions of your crypto-trading account.
Sign Up to Trade Pi Coin in India
Step 3– KYC Completion
KYC is mandatory for the Indian judiciary. Your data is only encrypted and stored in secure Indian data centers. You will be redirected to another URL to complete the KYC. A photo of your pan card is required. Aadhaar-related cell phone number is required.
Step 4– 2 Step Verification / 2 Factor authentication
Install the Authenticator app to secure your account with 2FA. Whenever you log in to your account, you will be asked to enter a 6-digit one-time password ensuring maximum security for your cryptos.
Enable 2FA to secure your Pi Coin wallet
Step 5– Add Bank details
Enter the mandatory information, such as your name credentials, the holder’s account name, and the IFSC code
Enter your banking credential to start trading in INR
Can I Use Regular Money to Buy Pi Coin?
Yes, regular money or any fiat currencies such as INR in India can buy Pi Coin, which can be stored in your wallet. You can trade desired cryptocurrencies without any hidden transaction fees, using India’s leading cryptocurrency exchange BuyUcoin, with a single click.