FAQ
Trade your Pi
What is Tradeyourpi?
TradeYourPi is a prominent platform for Pi Coin traders seeking to exchange their PI coins for various physical and digital products worldwide.
What services does Tradeyourpi offer?
TradeYourPi is a platform where Pi Network pioneers can trade their PI coins for a variety of physical and digital products worldwide. Users also have the opportunity to trade their own products for PI coins on TradeYourPi. The platform offers various other projects such as “Stop Scams,” “Safe Trade,” and many more.
Who is able to use Tradeyourpi services?
Everyone is able to use TradeYourPi services. To engage in trades, individuals simply need to identify the product they wish to exchange for PI coins and ensure they have Pi coins in their PI wallet as an available balance.
Why should I use Tradeyourpi for my PI trades?
TradeYourPi provides a safe and trusted trading experience for PI Network pioniers. Our utmost priority is ensuring the happiness and satisfaction of our users in their trading endeavors.
How will I get my product?
For physical products, TradeYourPi offers worldwide shipping. The shipping cost, and in some cases, even free shipping, depends on your location and the traded PI amount. For digital products, we guarantee delivery in digital form within 5-30 minutes.
What is the "Stop Scams" project?
The “Stop Scams” project by TradeYourPi aims to assist PI Network Pioneers in assessing the safety of PI trades with unknown individuals. We provide comprehensive information about these persons, offering transparency and security. Users can contribute by adding details about suspicious and untrusted individuals to collectively foster a safer trading environment.
What is the "Save Trade" project?
The “Safe Trade” project by TradeYourPi is designed to provide a secure space for PI Network Pioneers engaging in PI trades. Acting as your “middle man,” TradeYourPi ensures a safe trading environment, particularly when dealing with unknown individuals.
What is the "Earn Passive PI" project?
The “Earn Passive PI” project by TradeYourPi enables PI Network Pioneers to earn passive PI coins by inviting new individuals to engage in PI trades with TradeYourPi. Participants can earn 5% of the traded PI amount through this referral program.
What is the "TYPI Friends" project?
The “TYPI Friends” project by TradeYourPi provides an opportunity for PI Network Pioneers to have a dedicated space where they can trade their products with other traders in exchange for Pi coins.
PI Network
The PI Network is a decentralized cryptocurrency project that involves a network of millions of users mining Pi cryptocurrency. Pi aims to create a Web3 app ecosystem and emphasizes user-friendly mining through a mobile application. Users can mine Pi coins by completing simple tasks on their smartphones, utilizing a Proof-of-Work mechanism. The project positions itself as a unique combination of a digital currency, app platform, and community-building initiative. It provides a platform for users to access, grow, and manage their Pi holdings, serving as a wallet for digital assets.
Pi Coins (PI) are associated with the Pi Network, a unique cryptocurrency project. Pi Network combines elements of a digital currency, a mobile app, and a multi-level marketing (MLM) scheme. Users can mine Pi coins through a Proof-of-Work mechanism by completing simple tasks on their smartphones. Unlike traditional cryptocurrencies, Pi aims to be user-friendly, enabling mining through a mobile application, making it more accessible to a broader audience. The Pi coin is designed to be decentralized and encourages peer-to-peer transactions within the Pi Network ecosystem.
The purpose of PI coins (PI) is to serve as the native cryptocurrency of the Pi Network. Pi Network is a blockchain project that aims to make cryptocurrency mining accessible to users through their desktops or mobile devices. Users can mine PI coins by completing simple tasks on their smartphones, making it a user-friendly approach to cryptocurrency mining. The ultimate goal of PI coins is to encourage decentralized peer-to-peer transactions within the Pi Network ecosystem. The project positions itself as a unique combination of a digital currency, an app platform, and a multi-level marketing (MLM) scheme, aiming to provide a platform that is accessible to a broad user base.
The PI Network’s mainnet checklist is an eight-step process that pioneers must complete to facilitate the migration of their transferable balance to the mainnet blockchain. This checklist enables users to queue up for migration to the mainnet and join the PI Network’s blockchain. The steps involve various tasks and verifications to ensure a seamless transition.
The PI app and the PI browser app serve different purposes within the PI Network ecosystem. The PI app is the primary application that allows users to mine PI cryptocurrency and manage their PI holdings. It is a mobile application that facilitates tasks like mining and accessing PI-related features on smartphones.
On the other hand, the PI browser app is designed as an open platform for developers to test and deploy applications that integrate with PI, including the PI Wallet. It aims to create a more open and direct platform where developers can build additional PI apps for users to enjoy. The PI browser app focuses on expanding the PI Utilities platform, providing additional functionalities beyond the core features of the PI app.
Trading PI coins for goods and services
You can use your PI coins for trades as soon as you have them in your PI wallet, specifically within the PI Browser app. Once your PI coins are available in your wallet, you have the option to use them for transactions or trades
KYC in PI Network stands for “Know Your Customer.” It is a procedure designed to identify and verify the identities of users, particularly Pioneers in the PI Network ecosystem. The KYC process is crucial for compliance with regulations and ensuring a fair and secure environment within the PI Network.
Nobody knows…
Initiate Chat with Trade Manager:
1. Start a chat with the TradeYourPi trade manager. If the manager is not online, consider leaving your email or other contact information for a follow-up.
2. Specify Desired Product: Clearly communicate the product you are interested in. Provide details about the specific item or service you wish to trade your Pi coins for.
3. Provide Necessary Information: If requested, furnish any necessary information required for the trade. This may include your email, shipping address, or other relevant details.
4. Verify Trade Details: Confirm and verify the trade details with the trade manager.
5. Finalize the Trade: Once all details are confirmed, proceed to finalize the trade. This may involve transferring the agreed-upon amount of Pi coins in exchange for the selected product or service.
Pi was specifically designed to be utilized in our daily lives, allowing users to trade it for both physical and digital products directly with real people. The intention behind Pi is to maintain a genuine and personal connection in the trading process. The founders have chosen this approach to preserve the authentic feeling of transactions between individuals.
The primary goal is to foster a community-driven ecosystem where users can engage in peer-to-peer transactions, enhancing the overall user experience. The belief is that the best trades often occur between people, and Pi Network aims to facilitate this by enabling users to exchange Pi for a variety of goods and services in a manner that emulates traditional, person-to-person transactions.
PI Price
As of now, the real PI coin still has no official value as it has not been listed on any exchanges.
As of now, you cannot sell PI directly on any cryptocurrency exchange because PI coin is not listed, and it does not have an official value. PI Network has not yet enabled trading of PI on external exchanges.
The IOU (Initial Offering Unit) price for PI coins is not the real PI price because IOUs are tradable representations or promises of future PI coins. These IOUs are not directly convertible to PI coins on the PI Network blockchain. The official stance of PI Network is that the IOUs are a temporary measure until the PI coin is fully launched and becomes tradable on the open market.
Nobody knows…
The GCV, or Global Consensus Value, of the PI coin, is a quirky idea floating around in the Pi Network community. Some enthusiasts playfully suggest that PI coin should have a value, often throwing around numbers like $314,159 in a whimsical, mathematically amusing way.
However, it’s crucial to understand that the GCV is not an official or sensible valuation. It’s more like a playful fantasy that a subset of the community embraces. Smart investors and those familiar with market dynamics acknowledge the impracticality of assigning such random values to a cryptocurrency.
Taking the GCV seriously for PI coin valuation is a bit like trying to predict the value of your favorite snack in units of unicorns – it might bring a smile, but it’s not a particularly meaningful or insightful approach.
PI Wallet
There could be several reasons why your migrated PIs are not appearing in your PI wallet:
1. Mainnet Checklist Status: Ensure that you have completed the mainnet checklist steps in the PI app. If you are stuck on any step, check the PI app for more information on the checklist status.
2. Mismatched Wallet Addresses: Confirm that the wallet address in your PI Browser app matches the one in your PI app’s mainnet checklist. If they are different, your PIs might have been migrated to a different PI wallet address.
3. Transfer to Available Balance: It’s possible that your PI coins are still locked in the migration process. Go to your PI wallet in the Pi Browser app, navigate to the migration section, and look for a “Move” button. If not available, check the duration for which your PI coins are still locked.
Your PI coins might be locked as part of a feature in the PI app that allows users to increase their mining rate. By choosing to lock a specific amount of migrated PI for a certain period, users can potentially enhance their PI mining rate. This locking mechanism is an optional feature designed to provide users with the opportunity to boost their mining rewards.
To unlock your PI coins, you need to wait until the specified time period has elapsed. Check the PI app for more details on the locking duration and any associated benefits or bonuses tied to this feature.
Go to your PI wallet in the Pi Browser app, navigate to the migration section, and look for a “Move” button. If not available, check the duration for which your PI coins are still locked.
To send or receive PI coins, follow these steps:
1. Open your PI wallet in the PI browser app.
2. Choose the “Send” or “Request” function.
3. Add the recipient’s PI wallet address. A memo is optional.
4. Specify the PI amount you want to send or request.
5. Click the “Send” button. After the transaction, you’ll receive a notification indicating its success or failure. It’s noteworthy that each PI coin transaction incurs a fee of 0.01 PI coin.
After the transaction, you’ll receive a notification indicating its success or failure. It’s noteworthy that each PI coin transaction incurs a fee of 0.01 PI coin.
The processing time for receiving PI coins is typically less than 1 minute. Transactions on the Pi Network are designed to be fast, allowing users to experience quick and efficient transfers of PI coins.
The PI wallet uses a passphrase, which is a series of words serving as a private key for wallet authentication. This passphrase is crucial for accessing the wallet and ensuring the security of your crypto assets on the Pi Network. The passphrase consists of 24 randomly selected words, providing a secure and unique identifier for each user. It acts as a form of recovery phrase and authentication mechanism.
Short answer, you have lost your PI coins forever.
The difference between your PI wallet address on the Mainnet Checklist and your actual PI wallet may arise if you have created a new PI wallet that does not match the one connected to the Mainnet Checklist. When you mine PI coins, they will be sent to the specific PI wallet address provided on your Mainnet Checklist. Ensure that the wallet address you intend to use for transactions is the one associated with your Mainnet Checklist to avoid any discrepancies.
PI Scams
The TradeYourPi team prioritizes trustworthy trades and values the satisfaction of their customers. You can verify the positive experiences of their customers on Trustpilot, where TradeYourPi has received an “Excellent” score, indicating high customer satisfaction.
The PI Network has faced scrutiny and concerns over potential scams due to various factors. Allegations of fraud and controversy have arisen, including criticisms about the project’s ad revenue model and challenges in obtaining reliable information about the cryptocurrency. Additionally, the community has been warned about fake websites and the need to exercise caution when entering sensitive information. The mysterious nature of the PI cryptocurrency has contributed to skepticism, with some questioning its legitimacy. It’s crucial for users to stay informed, verify information from reliable sources, and exercise caution to avoid falling victim to scams associated with the PI Network.
We are sorry to tell you this, but you have lost your PI coins forever.
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