This content originally appeared on DEV Community and was authored by Olotin Olamide
Introduction
Pi Coin is the native cryptocurrency of the Pi Network, a blockchain project that aims to make digital assets accessible to everyday users. Launched in 2019 by a team of Stanford graduates, Pi Network introduced a mobile mining mechanism that allows users to earn Pi coins. The project gained traction rapidly, amassing millions of users worldwide due to its innovative approach and user-friendly mining process. However, Pi remained in its enclosed mainnet phase for several years, meaning the coin was not yet tradable. The much-anticipated open mainnet launch is expected to enable Pi holders to transfer and trade their assets freely, marking a significant milestone in the project’s evolution. Until then, certain exchanges have listed Pi under an "IOU" model, allowing speculative trading on its future value while awaiting full integration with the blockchain's open ecosystem.
Meanwhile, Bitget Exchange is a global cryptocurrency trading platform that offers spot, futures, and margin trading, as well as staking and other crypto-related services. Bitget is known for its high-performance trading engine, deep liquidity, and wide range of listed cryptocurrencies.
This user guide will show every user step-by-step to follow in buying your pi coin on the Bitget Exchange.
Contents
Create an account on Bitget
Get Verified on Bitget (KYC Verification)
Fund Your Account
Place a Buy Order for Pi Coin
A Step-By-Step Guide to Buying Pi Coin
For everyone who plans to buy the Pi coin, this guide will show you the simple ways to do so. In few minutes, you will have Pi coins in your wallet. Let's go!
Step 1: Create an account on Bitget Exchange
To get started, download the Nitget app or go to the official Bitget website. Register using your email or phone number, set up a secure password, and complete the verification process by entering the OTP sent to your Gmail or Yahoo Mail.
Step 2: Get Verified on Bitget (Pass KYC Verification)
Sign in to your Bitget account, go to your profile, and select "Identity Verification." Upload the necessary documents, typically a government-issued ID, take a selfie for facial verification, and provide your personal details. Once submitted, allow some time for the approval process to be completed. As you can see in the image below, I have a verified account.
Step 3: Fund Your OKX Account
Add funds to your account, through the BUY CRYPTO section, by choosing a deposit method that works best for you. You can transfer cryptocurrencies like USDT, USDC, or BTC, or use fiat options such as bank transfers, P2P, or PayPal. Simply go to the "Buy Crypto" section and select your preferred payment method.
Step 4: Place a Buy Order for Pi Coin
Once your account is funded with USDT or USDC, from the homepage, select the "Trade" option. In the trade section, select the buy button, use the dropdown menu to choose Pi Coin (Pi) - and enter the desired purchase amount. Tap "Preview" to review your order, then finalize your transaction by tapping the "Buy" button. And you are all set!
Conclusion
Buying Pi Coin on Bitget Exchange is a simple and straightforward process. By following the steps outlined in this guide, you can easily create an account, complete verification, deposit funds, and purchase Pi Coin securely. As the Pi Network continues to evolve, staying informed about updates and exchange policies will help you make the most of your investment. Always trade responsibly and ensure you receive your USDT or USDT in your wallet and confirmed before you close a seller's chat during the 3rd step.
FAQs: Buying Pi Coins on Bitget Exchange
1. How do I check if Pi Coin is available on Bitget?
You can search for "Pi" in the spot trading or futures section of Bitget. If listed, ensure it is the official version and not an unofficial derivative or IOU.
2. What trading pairs are available for Pi Coin on Bitget?
Pi Coin is typically paired with USDT (Tether) or other stablecoins. Always check Bitget’s official announcements for updates.
3. What are the fees for buying Pi Coin on Bitget?
Trading fees vary based on your account level, but Bitget generally charges 0.1% for spot trades. Always check the platform’s fee structure for the latest rates.
4. Can I withdraw Pi Coin from Bitget to my Pi Network wallet?
If Pi withdrawals are supported, you should be able to transfer funds to your Pi Network wallet. However, if the listing is an IOU or futures contract, withdrawals may not be possible.
5. Is it safe to buy Pi Coin on Bitget?
Bitget is a reputable exchange with strong security measures. However, since Pi Coin is not yet fully integrated into open blockchain trading, investors should be cautious and stay updated on official Pi Network announcements.
Do You Want to Know How These Stes are Done on OKX Exchange? Read Here "How To Purchase Pi Coins on OKX Exchange"
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This content originally appeared on DEV Community and was authored by Olotin Olamide
Olotin Olamide | Sciencx (2025-02-24T13:29:39+00:00) How to Purchase Pi Coin on Bitget Exchange: A Comprehensive Step-by-Step Guide. Retrieved from https://www.scien.cx/2025/02/24/how-to-purchase-pi-coin-on-bitget-exchange-a-comprehensive-step-by-step-guide/
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