In the world of cryptocurrencies, finding a reliable and liquid exchange is crucial for traders looking to buy, sell, or trade their digital assets. One such asset that has garnered attention lately is Pi Network (PI), an innovative project designed to allow users to mine coins through mobile devices without compromising battery life. As of now, PI is trading on two major cryptocurrency exchanges across multiple trading pairs.
The landscape of exchanges for Pi Network presents a diverse platform where investors can access the market with varying degrees of liquidity and convenience. BitMart stands out as the most popular exchange for PI, given its substantial trading volume. This suggests that BitMart has facilitated $198,652 worth of transactions involving PI/USDT pairs, indicating a robust demand for this digital asset.
Moreover, Pi Network is not just limited to traditional fiat currencies like US dollars or euros; it also interacts with a multitude of stablecoins. Stablecoins are cryptocurrencies pegged to conventional assets, offering investors a level of security and stability that is akin to holding fiat currency, but in digital form. The prominent stablecoin USDT (Tether USD) has been mentioned as an exchange medium for trading PI on BitMart.
As the trading volume in the last 24 hours stood at $296,259, Pi Network ranks 1480th by trading volume and is available on two crypto exchanges. This ranking suggests that while there are numerous cryptocurrencies vying for attention, PI maintains a notable position within the broader market. The exchangeability of PI with other cryptocurrencies highlights its liquidity as an asset that can be easily integrated into various investment portfolios.
It's noteworthy that Pi Network does not currently trade directly with any Fiat currency; however, this is anticipated in future developments. The absence of direct trading pairs with fiat currencies may be a temporary measure aimed at ensuring the stability and security of PI before its broader acceptance. Once PI starts trading with fiat currencies, traders will have an even more extensive range of investment opportunities to explore.
Pi Coin's increasing presence on exchanges like BitMart signifies its growing popularity and viability as a digital asset. With $296,259 in trading volume over the last 24 hours and an increase of 7.29% from the previous day, Pi Network continues to carve out its place within the cryptocurrency market. This surge in volume indicates that PI is not only gaining traction but also being embraced by a growing community of investors seeking innovative opportunities.
Several exchanges have already listed Pi Network Coin (PI) for trading, including options for buying or selling using stablecoins like USDT and USDC. The availability of these stablecoin pairs provides traders with an additional layer of security and stability in their trades. Among the top spot exchange by buy/sell volume for PI is BitMart, where majority of the trading involving Pi Network is conducted.
For those interested in purchasing Pi Network (PI), there are now more than 11 crypto exchanges where one can trade PI, enabling purchases with cryptocurrencies like EUR, USD, and BRL, as well as stablecoins USDT and USDC. This widespread availability underscores the asset's burgeoning acceptance within the cryptocurrency community.
In conclusion, Pi Network has officially launched its Open Mainnet, marking a significant milestone in its growth trajectory. This event has been accompanied by nine major crypto exchanges listing PI, simplifying the process of buying and trading for many investors. Potential buyers can now explore various exchange listings to find the best platform that suits their needs regarding liquidity, fees, and security measures. The diversity of exchanges available for Pi Network (PI) underscores the asset's evolving acceptance as a reliable investment option in the rapidly expanding world of cryptocurrencies.