Pi Network Coin: A New Digital Currency Joins the Crypto Market – What It Is, How to Buy, and More!
On February 20, recently introduced Pi Network Coin, became the first cryptocurrency that could be mined by phone users. The Open Mainnet, breaking the previous section, went live on February 20, 2025, at 08:00 am UTC, reflecting the enclosed mainnet phase of the network, which was established in December 2021.
What is Pi Network Coin?
Pi Network is a group of users mining Pi cryptocurrency for the purpose of using and building the Web3 app ecosystem. Launched in 2019 by a group of Stanford graduates, the mobile-first crypto-mining project seeks to democratize currency by enabling currency users to do so without requiring expensive hardware or computer technical expertise. Pi doesn’t need expensive mining machines, it can be coined by logging in the app.
Why Is Pi’s Mainnet Launch Significant?
For more than 10 millions Pi users, this launch has been a long time waiting. Many had been waiting for more than two years to drift their mined coins from the testnet to the mainnet. This transformation now allows users to move their assets to other exchanges, trade their holdings, and integrate with the broader cryptocurrency market.
How to trade the Pi Coin?
This is what a new user needs to know. First they need to Download the Pi network mobile app, and install it on their mobile phone.
For Mining: Click on the lightning bolt icon to start mining Pi.
Build Security Circle: For three days, add 3-5 trusted contacts to increase your mining rate.
Referral: Spread the information, refer friends, and earn more credits!
In-app Engagement: Join in-app activities like chats and polls.
Understand your roles: Know about pioneer, contributor, and ambassador roles to maximize earnings.
