This page provides technical information on how to interact with independent, third-party decentralized exchanges (DEXs). The assets herein are not accessible via the OKX Centralized Exchange, and OKX does not facilitate their trading. Digital assets displayed are automatically generated based on popularity ranking. OKX does not provide investment recommendations and is not responsible for any potential losses.

Discover how to buy Pi Network

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Pi Network
0xb09e...d386
AED0.0₁₄77125
4.5
Last updated on --.
Trade Pi Network

How to buy Pi Network on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy Pi Network.
Step one
Get OKX Wallet
Create or import your Web3 wallet using the OKX app or web extension.
Step two
Fund your wallet
Transfer funds to your OKX Wallet. Make sure you’ve got the right network and crypto.
Step three
Start trading
Find the crypto you’re looking for and trade under your preferred trading mode.

What's Pi Network?

Pi Network is a digital currency designed to be mined on mobile devices. It aims to make cryptocurrency accessible to everyone by allowing users to earn Pi coins through a simple app. Unlike traditional mining, which requires expensive hardware, Pi Network lets people participate using their smartphones, solving the problem of high entry barriers in crypto mining.

How can I buy Pi Network?

1) Create an account on OKX by visiting the website and completing the registration process. 2) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 3) Navigate to the trading section, search for Pi Network, and place a buy order by specifying the amount you wish to purchase.

Why do people buy Pi Network?

People buy Pi Network for its potential to democratize access to cryptocurrency. It offers a user-friendly way to engage with digital currencies without needing technical expertise. Pi Network is part of a growing ecosystem that supports decentralized applications, making it relevant in the broader blockchain industry. However, it is still in development, and its full utility is yet to be realized.

Things to know before buying Pi Network in the United States

In the United States, cryptocurrencies like Pi Network are legal but subject to regulations. Users must complete KYC and AML verification when using exchanges. Tax implications include reporting capital gains and income from activities like staking. It's important to consult a tax professional to understand specific obligations and ensure compliance with local laws.

What are other ways to own Pi Network?

Users can obtain Pi Network through participation in its mobile app, where they earn Pi coins by engaging with the network daily. Other methods include joining airdrops or task-based reward programs. These alternatives require consistent effort and understanding of the network's rules. Risks include potential changes in reward structures and the need for ongoing participation.

How can I store my Pi Network?

To store Pi Network securely, consider using a non-custodial wallet, which gives you control over your private keys. Hot wallets offer convenience but are more vulnerable to hacks, while cold wallets provide better security. Basic safety practices include backing up your wallet, securing recovery phrases, and understanding proof of reserves. Choose a storage method that balances security and ease of access.

Why should I buy Pi Network on OKX in the UAE?

Learn more about the security measures keeping your Pi Network safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Why should I buy Pi Network on OKX in the UAE?
Secure transactions
OKX DEX is fully on-chain, protecting your wallet and flagging any potential risks.
Cross-chain made easy
OKX DEX’s bridge aggregator lets you easily bridge tokens across networks.
Diverse trade options
OKX DEX offers trading modes tailored for various trading needs.
Why should I buy Pi Network on OKX in the UAE?

How to buy crypto FAQ

1. Digital wallet
2. Existing cryptocurrency, such as BTC, ETH, or SOL, to be used as a base currency for swaps.
The phrase "crypto swap" is used to refer to the act of swapping one cryptocurrency for another without using a conventional exchange.
To swap on DEX, you’ll need to:
1. Set up and connect your digital wallet to the DEX you choose
2. Select Pi Network (Pi Network) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for Pi Network (Pi Network)
4. Execute the transaction
Slippage is the difference between the price a trader expects to pay or receive, and the price they actually pay. It occurs when a market moves as trade is happening. Slippage usually happens during periods of high volatility, and exchange rate changes.
These are tips to consider when choosing a secure wallet for DEX:
• Cold Wallets (Offline): Hardware wallets that are not connected to the internet make them highly secure against hacks.
• Hot Wallets (Online): OKX offers integrated wallets for easy access to your crypto. Ensure they are protected with 2FA and encryption.
• Backup Features: A good wallet allows you to back up your private keys securely.
• User Control: Opt for wallets where you hold your private keys, ensuring full ownership of your crypto.

Disclaimer

This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.

You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.