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Where and How to Sell Pi Coin as Pi Network Price Near ATL – Crypto News
Pi Network price gained significant attention after reaching its all-time high of $2.98 in February. Since then, the price has been on a decline, leading some investors to consider selling. As the price approaches its all-time low (ATL), many are now exploring where and how to sell their Pi Coins. This shift in sentiment highlights the ongoing volatility of the Pi Network market.
The price of Pi Network stands at $0.7118, following a 20% decrease during the past seven days. Over the last month, Pi Network’s price experienced a substantial 60% reduction. Most token owners eliminated their assets from their portfolios because of this bear market trend.
Market participants persist with their lack of enthusiasm because the currency’s value remains on a downward trend. Market participants are deeply concerned because of token unlock uncertainty which has resulted in a big sell-off.
A big reduction in market value resulted in Pi Network’s loss of $14 billion. The market capitalization reduced dramatically to drop from its original $20 billion figure down to the current value of $4.76 billion. Will the Pi Network price prediction revisit above $1 mark soon?
Pi Network currently encounters multiple obstacles while trying to obtain exchange listings. Binance, along with Coinbase, joined the list of exchanges that show no willingness to list the token.
Many barriers hinder the market’s recovery speed thus maintaining potential buyers at bay while generating more worries about the token’s upcoming performance.
How to Sell Pi Coin as Pi Network Price Approaches ATL
The cryptocurrency exchange platforms Gate.io, along with Bitget, OKX, and MEXC Global, currently support the sale and purchase of Pi Coin. Users can exchange Pi coins through various currency combinations available on these platforms. The Pair trading between Pi Coin and USDT has produced high trading volumes on the Gate.io exchange.
The mainnet launch from Pi Network will make Pi Coin accessible on open public trading exchanges. Before selling Pi Coin, you need to move your mined coins from the Pi Network app into a suitable wallet.
The selection of wallets available to Pi Network users depends on the blockchain technology the network implements along with possible provisions built-in by Pi Network itself.
Users can start selling their Pi Coins after transferring them to compatible wallets so they can use exchanges that support trading of Pi Coin. When Pi Coin gets listed by mainstream exchanges including Binance and Kraken alongside Coinbase users will gain access to buying other cryptocurrencies and fiat currency.
You can sell Pi Coin prices by sending tokens to appropriate wallets and exchanging them through supported trading platforms. Sellers must exercise caution during periods when the price gets close to its ATL location
Frequently Asked Questions (FAQs)
You can sell Pi Coin on exchanges like Gate.io, Bitget, OKX, and MEXC Global.
Transfer Pi Coin from the Pi Network app to a compatible wallet.
Both Binance and Coinbase have expressed reluctance to list Pi Coin, but it may change post-mainnet.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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