HOW TO SELL PI COIN | NEW UPDATE

BASIC KNOWLEDGE
BASIC KNOWLEDGE
66.3 هزار بار بازدید - 3 ماه پیش - HOW CAN I SELL PI?
HOW CAN I SELL PI?

Today's topic is a hot one in the Pi Network community: selling your Pi coins. You've likely seen messages asking "How can I sell my Pi?" or "What's the price?". “Where can I  sell my pi coin?” I will be taking a complete look at this questions and provide you with answers, possible places where you can sell your pi coin and how you can identify a scam offer and avoid it, and also address some crucial safety points. If this is something you are interested in knowing, then subscribe to my channel, hit the thumbs up.

The questions coming from pioneers everyday on how you can sell your Pi coin is getting and more rapid. It’s almost like each question is asking “Where's the Sell Button?” And guess who is watching to take advantage of those who are new or don’t understand, or those that are in a hurry to sell. Yes, you guessed right. Scammers! Let’s take a deep look at The Reality of Pi Sales.

First things first: Pi Network is still under development. There's no official marketplace or exchange where you can directly sell your Pi for cash (yet!). This statement is not to discourage from selling, so please before you go off, pay attention! This doesn't mean selling is impossible, but it involves a different type of approach. This is simply called peer-to-peer or popularly known as P2P transactions.

Think of P2P like selling something on Craigslist and some similar websites. You find a buyer directly, agree on a price, and complete the transaction. Many crypto exchange platforms like Binance, OKx, BYBIT all have a P2P market place. Platforms like PiBridge facilitate these P2P transactions, but remember, you're dealing with another person, so caution is key. Some of these platforms act as Escrow managers. This simply means that when you initiate a sell transaction, the platform holds your pi coin and notifies the buyer. Once the buyer makes payment to you, you will be expected to activate the release button so as to release the held Pi to the buyer. While others expect you to transact directly with the buyer despite using their platform. Again, caution is key for this type of transactions.

This is where things get tricky. With Pi network gaining traction, and a large majority of pioneers are looking to cash-out, scammers are lurking. These scammers might offer ridiculous prices to buy Pi, some of them are advertising "airdrops" and asking people to join and pay. While some other scammers are convincing pioneers that they don’t have validated wallets, so therefore, they send them links to click and validate their wallets just to steal their login credentials. Trust me, more than enough pioneers are victims of this method.

Here's how to stay safe: By Ignore unbelievable offers. If someone promises to buy your Pi for hundreds of dollars, or saying that they are willing to pay as much as $30, $20, or even $15. it's a scam. Another thing to note is, Never share your Pi login details. Treat them like your bank account – top secret! When you are asked or sent a link to type in your passphrase, That should be a red flag. The pi network will never ask you for a login detail. And let me add, The pi network wallet does not need to be validated, it does not need to have a logo beside it. It’s all a scam scheme. Remember to always Use reputable platforms.

When you eventually find a genuine buyer, a question you should consider asking yourself is, What's My Pi Worth?

Make sure to transact with a trusted Escrow manager. Don’t give in to scammers. Don’t transfer first and wait to get paid. Remember, This isn't financial advice. Before making any decisions, research Pi Network's development and the risks of P2P transactions. Join my telegram group for more assistance and don’t forget to subscribe. Give a thumbs up to this video and share to help others.

Join my telegram group here: https://t.me/BK_314pi
Follow me on Twitter: bk_knowledge

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3 ماه پیش در تاریخ 1403/01/11 منتشر شده است.
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