How To Buy And Sell PI Coin On Bitgate:- To purchase and sell Pi Coin on Bitgate, you’ll have to follow a couple of steps. However, be aware that Pi Network (the network behind Pi Coin) has not yet launched its mainnet. This means Pi Coin is not yet tradeable on any platform. Bitgate might list it when the mainnet goes live in the near future. Pi Coin is officially available to trade. In the event that it is listed via Bitgate, this is what you need to know about getting it:
1. Create an Account on Bitgate
- If you do not have an account, register via Bitgate’s website. It will require you to enter an email address, make a secure password, and perhaps verify the authenticity of your account according to the requirements of the platform.
2. Deposit Funds
- The deposit for Fiat and Crypto: Once your account is set up, funds are required to be transferred to the Bitgate account. It is possible to transfer fiat currencies such as USD INR, USD, etc., Or transfer cryptocurrency (such as Bitcoin as well as Ethereum) in the event that you plan to purchase Pi Coin with a cryptocurrency pair.
3. Find Pi Coin (PI)
- Search for Pi Coin: On Bitgate’s exchange platform, you can use the search bar to locate Pi Coin (PI). If it’s in stock, you can see it’s trading pair options such as Pi/USDT or Pi/BTC.
4. Buy Pi Coin
- Choose the trading pair: Choose the Pi Coin trading pair that you prefer (for instance, Pi/USDT, in case you’re planning to make use of a tether to buy a pi coin).
- Create a Buy, Place an Order. It is possible to put in a purchase order (buying at the current rate) or a limit order (buying once the price has reached the level you have specified).
- Confirm Your Purchase When you’ve selected the quantity of Pi Coin you wish to purchase, you must confirm the order then the Pi Coin should be credited to your account on Bitgate after the transaction has been completed.
5. Sell Pi Coin
- You can go to the Sell Section. Once you’re ready, trade in your Pi Coin. Go to the sales section of Bitgate’s platform.
- Select Your Trading Partner: Choose the trading pair that you want to offer for sale (e.g., Pi/USDT in case you are looking to trade Pi Coin in exchange for Tether).
- Make a sell order: Similar to buying an item, you could put in a limit order or limit order according to your plan of action.
- Reconfirm the transaction Once you have confirmed the amount that you want to sell of Pi Coin to trade the order, it is processed. Then, when it is completed, the profits are credited into your bank account.
6. Withdraw Funds
- Once you’ve sold your Pi Coin, you can take the money (fiat as well as cryptocurrency) to your money account or your bank account, if required.
Things to Keep in Mind:
- Mainnet launch: Pi Coin has yet to be developed and has not yet become fully traded. Once Pi Network launches its mainnet, you will be able to trade Pi Coins on exchanges like Bitgate.
- Risk: Be sure to be aware of the risks associated with trading in cryptocurrencies, which include the potential for risk of security and volatility.