How to Convert Pi Into Money? – Beginner’s Guide

2024/04/23By:

Integration with payment systems is now standard across many platforms and apps. You must have a basic grasp of software development to undertake the technically demanding process of incorporating the Pi Coin payment mechanism into your application. If you don’t have much expertise in this area, it’s best to get help from a seasoned software developer.

 

 


Trade on BTCC with 10 FREE USDT.

Sign up today to redeem your bonus.


 

 

 

1.Testing of Transactions

 

 

Testing of transactions is the next most important step after incorporating the Pi Coin payment system into your app. To ensure all systems work properly before real money transactions are involved, this phase entails conducting tests within a sandbox environment.

 

Your main goals during transaction testing should be to ensure that all stored transaction data is valid and that users can make payments with Pi Coin without any issues. In order to find and fix any problems that might develop, testing must be thorough and repeated.

 

 

 

 

 

 

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

2. Making a PayPal Withdrawal

 

 

You will want a PayPal account in order to turn your Pi Coins into fiat currency. The initial stage is to sign up for a PayPal account if you do not already have one. Secure online payments have never been easier than with PayPal, one of the world’s most popular and well-respected payment processors.

 

The idea of “sandbox testing” that PayPal employs must be understood. To make sure your Pi Coin payment system is foolproof, you can test payment integrations using this method without using actual money.

 

 

 

 

 

 

3. Building a PayPal Test App

 

Step two after signing up for a PayPal account is to make a practice account. This is a critical stage since it allows your app to incorporate the Pi Coin payment system.

 

Without worrying about actual financial transactions, a test application provides a safe space to test all parts of the payment integration process. In this practice app, you’ll enter all the info needed to link your Pi Coin payment system without a hitch.

 

 

 

 

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

4. Adding Support for Pi Coin Payments to the App

 

 

Enter your application while it is in the sandbox for testing. Here, the Application Programming Interface (API) offered by Pi Network is usually used. To make sure the payment goes through without a hitch and is safe, read the integration guidelines thoroughly.

 

 

 

 

 

5. Turning Your Pi Coins Into Cash

 

 

You can begin turning your Pi Coins into fiat currency once you’ve finished testing everything and made sure the Pi Coin payment system works. Make sure your Pi Coin balance is at least the minimum required by Pi Network to withdraw funds.

 

You may generally find alternatives to turn your Pi Coins into cash and send them to your PayPal account while you’re making a withdrawal. Because Pi Network is an evolving platform, the regulations and processes pertaining to it may change over time.

 

There is always the chance of losing money when investing in cryptocurrencies like Pi Coins. Cryptocurrency prices are unpredictable, and there is no assurance of large gains. If you want to make an educated decision regarding your bitcoin investments, you need do your homework and maybe even talk to some financial professionals.

 

 

 


BTCC APP DOWNLOAD


Download App for Android Download App for iOS

FAQs

 

 

Can Pi be converted into cash?

Currently, Pi cannot be converted into cash. It is created by the Standford graduates and is currently in testing stage. Once it enters into Mainnet, then we may get to convert it into cash. Currently, even the value of Pi is not known. Maybe even equal to USD 0. But don’t worry. We may be able to convert it into cash by mid of 2022 or early 2023.

What is 1 Pi in US dollar?1 Pi is 25.687243 US Dollar . So, you’ve converted 1 Pi to 25.687243 US Dollar . We used 0.038930 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert Pi to other currencies from the drop down list. Selling 1 Pi you get 25.687243 US Dollar at 22.

How to convert pi network (Pi) to USD?There are 2 cryptocurrency exchanges tracked by CoinCodex where you can convert PI to USD. You can quickly compare the Pi Network price USD rate between five popular exchanges in the table above. Currently, Huobi Global provides the best exchange rate for Pi Network (USD denominated). The current Pi Network price in USD is 21.21 USD.

How to convert Pi coins to fiat currency?Once you have Pi coins in your wallet, you can use a Pi exchange platform to convert your Pi coins into a fiat currency or another cryptocurrency that can be exchanged for fiat currency. Currently, Pi cryptocurrency is not yet listed on any major cryptocurrency exchange platform.

 

 

Disclaimer: Pi coin carries a high level of risk and it is not recommended to trade this coin.

 


 

 

How to Trade Bitcoin Futures on BTCC?

 

 

Now you can trade BTC on  BTCC. BTCC supports a diverse selection of cryptocurrencies for trading. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and others. BTCC also offers products such as crypto, gold, and tokenized stocks to help investors rationally allocate their assets.

 

1. Register an Account

 

Join BTCC now and get up to 10,055 USDT when you deposit and trade. Click the button below to sign up now.

 

 

2. Deposit Funds

 

Once your account is set up, you’ll need to deposit funds into your BTCC account. BTCC may offer various deposit methods such as bank transfers, cryptocurrency deposits, or other payment options. Choose the method that works best for you and follow the instructions provided to deposit funds into your account. BTCC mainly offers USDT margin and future trading. Therefore, you need to buy USDT  before trading.

 

 

How to Buy Tether USDT Guide

 

 

 

 

3.How to trade BTC?

 

Here are the steps to trade BTC on BTCC

 

1) First, tap “Futures” on the website homepage

 

 

2) Select a product you would like to trade from the list here. BTCC currently offers daily and perpetual futures

 

 

 

3) Check time to settlement.  The settlement time of these futures type is different, you can check the time for settlement for each product here.

 

 

 

 

4) After choosing product, you can decide whther you would like to buy or sell it.  You only need to own USDT to trade USDT-margined futures.  That is to say you can sell BTCUSDT futures without owing any BTC Coin.

 

 

 

5) Then select your order type, and choose your leverage.

 

 

 

 

If you choose Limit or SL/TP order, you will need to enter your order price here.

 

 

 

Enter the quantity or choose the percentage under the quantity field.

 

 

 

 

You can also set up stop loss or take profit targets to limit losses or maximise earnings.

 

 

 

 

6)After everything is set up, Buy or  Sell to play your order. A confirmation window will show up,  check if all info is correct and click [Confirm] to open the position.

 

 

 



BTCC APP DOWNLOAD


Download App for Android Download App for iOS

BTCC FAQs

1.Can U.S. traders use the BTCC exchange?

Of course, BTCC accepts US traders on its platform. They can sell, purchase, or trade bitcoins in the excess marketplace using the BTCC exchange. And, of course, any USD deposits must be KYC-verified first.

 

2.What can you trade on the BTCC?

BTCC allows users to trade over 300 crypto futures, including USDT-margined and coin-margined options. Traders can use up to 225x leverage to enhance their trades. Furthermore, the site provides handy choices for both cryptocurrency and fiat deposits.

 

3.Is BTCC the ideal exchange for you?

If Bitcoin trading is your top priority, BTCC is definitely the finest exchange for you. This company has been focused on Bitcoin since 2011 and provides a user-friendly platform for all types of traders, both experienced and new.

 

4.Is the BTCC Exchange trustworthy?

BTCC has a 13-year track record of secure operations, with zero security problems. Along with this, it has adopted current security measures, making it a safer and more trustworthy environment than its contemporaries.

 

 

 

About BTCC

 

 

BTCC is one of the world’s oldest and most popular bitcoin exchanges. Bobby Lee created it in 2011, with its headquarters initially located in Shanghai, China. BTCC contributed significantly to the early development of the Bitcoin and cryptocurrency ecosystems.

 

BTCC initially concentrated on Bitcoin trading, but it gradually expanded its capabilities to cover other cryptocurrencies as well. The exchange allows users to purchase, sell, and trade numerous cryptocurrencies, including as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), among others.

 

BTCC has received recognition for its strong trading platform, liquidity, and security precautions. The exchange provides features such as spot trading, margin trading, and futures trading to accommodate various types of traders and investors. It gives consumers real-time access to market data, order books, and trading charts, allowing them to make informed trading decisions.

 

BTCC has undergone various alterations throughout the years in order to adapt to the changing regulatory landscape. It expanded its activities abroad, opening offices in other countries to serve a global customer base. However, cryptocurrency legislation and availability may differ based on jurisdiction.

 

As the cryptocurrency market evolves, BTCC remains a significant player in the industry, providing a variety of services and contributing to the growth and development of the crypto ecosystem.

 



BTCC APP DOWNLOAD


Download App for Android Download App for iOS

BTCC Pros

 

  • Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.

 

  • A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.

 

  • Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.

 

  • Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.

 

  • Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.

 




BTCC Bonus

BTCC bonuses apply to different categories of users. You can deposit and receive up to 10,055 USDT.  Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.



  • Bonus On First Deposit And Trade

 

You will get a bonus worth 10 USDT when you deposit 200 USDT and above within 7 days of opening an account. The reward includes a 5 trading fund and a 5 USDT coupon.

 

 

 

If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.

 

 

 

  • BTCC Futures Trading Bonus

 

You can earn bonuses from trading futures on BTCC within a stipulated time.

 

  • A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a 200 USDT coupon.
  • A cumulative future trade of 500,000 USDT and above will earn you a 20 USDT trading fund and a 300 USDT coupon.
  • A cumulative future trade of 1 million and above will earn you a 50 USDT trading fund and a 500 USDT coupon.
  • A cumulative future trade of 5 million USDT and above will earn you a 125 USDT trading fund and a 1000 USDT coupon.
  • A cumulative future trade of 10 million USDT and above will earn you a 250 USDT trading fund and a 2000 USDT coupon.
  • A cumulative future trade of 20 million USDT and above will earn you a 500 USDT trading fund and a 5000 USDT coupon.


  • Other Bonus
Invite a Friend

Invite a friend to BTCC to get a 25% rebate on their trading fees. You can get up to 530 USDT in rewards per referral.

Related Posts:

 

BTCC Guide-How to Deposit Crypto on BTCC?

What is Crypto Futures Trading – Beginner’s Guide

What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?

Best Crypto Exchange to Trade with Leverage

Best High Leverage Crypto Trading Exchange Platform

Here is a Cryptocurrency Scammer List of 2022

Free Crypto No Deposit Bonus For Signing Up 2022

Terra Classic Price Prediction- Will LUNC Hit $1?

Binance Learn and Earn Quiz Answers – LDO, WOO, QI Quiz Answers

Terra Classic Burn: The Reason Behind LUNC and LUNA Recent Spike

Apecoin Price Prediction 2022, 2025, 2030 – Will Apecoin Go Up? 

Ripple (XRP) Price Prediction 2023, 2025, 2030 : Why Are XRP Prices So Low?

Solana (SOL) Price Prediction 2022,2050, 2030-Future of Solana? 

Avalanche (AVAX) Price Prediction 2022,2025,2030 – Is AVAX a Good Investment?

Chainlink (LINK) Price Prediction 2023, 2025, 2030 – Is LINK a Good Investment?

Dogecoin (DOGE) Price Prediction 2023, 2025, 2030 – Will DOGE Explode in 2023? 

Bitcoin (BTC) Price Prediction 2023, 2025, 2030 – Is BTC a Good Investment?

Litecoin Price Prediction 2023, 2025, 2030: Is Litecoin a Good Investment?

Dash Price Prediction 2023, 2025, 2030: Is DASH a Good Investment?

GMT Price Prediction 2023, 2025, 2030: Is GMT Coin a Good Investment? 

Bitcoin Cash Price Prediction 2023, 2025 and 2030: Is Bitcoin Cash a Good Buy? 

Yearn.Finance (YFI) Price Prediction 2023, 2025, 2030 – Is YFI a Good Investment 

Bitcoin SV Price Prediction 2023, 2025, 2030: Is Bitcoin SV a Good Investment? 

Tron (Uniswap (UNI)) Price Prediction 2023, 2025, 2030 — Will Tron Hit $1? 

Gala (GALA) Price Prediction 2023, 2025, 2030 — Is GALA a Good Investment? 

Blur Price Prediction 2023, 2025, 2030: Is Blur Crypto a Good Investment? 

Fantom (FTM) Price Prediction 2023, 2025, 2030—Is FTM a Good Investment?

Polkadot (DOT) Price Prediction 2025 – 2030: Is Polkadot a Good Investment?

Aptos (APT) Price Prediction 2023, 2025, 2030- Will APT Go Up? 

Bitcoin SV Price Prediction 2023, 2025, 2030: Is Bitcoin SV a Good Investment? 

Aptos (APT) Price Prediction 2023, 2025, 2030- Will APT Go Up? 

 

 

Register now to begin your crypto journey

Download the BTCC app via App Store or Google Play

Follow us

Scan to download

Comments

View more

Leave a comment

Your email address will not be published. Required fields are marked with an asterisk (*).

Comment*

Name*

Email address*

Submit