What Is Pi Network (PI)?
Pi Network is a decentralized cryptocurrency project designed to make digital currency mining accessible to everyone through a simple mobile app. Unlike traditional cryptocurrencies like Bitcoin, which require expensive hardware and high electricity consumption, Pi Network allows users to earn Pi tokens by tapping a button daily on their smartphones. Launched on March 14, 2019, the project has grown to millions of users worldwide and aims to create an inclusive digital economy where anyone can participate in blockchain technology.
How Pi Network Works
Pi Network operates on a unique consensus mechanism based on the Stellar Consensus Protocol (SCP), which enables secure transactions without the need for energy-intensive mining. Users earn Pi by engaging with the app daily and can boost their mining rate by inviting trusted connections into their security circle.
Currently, Pi transactions are limited to the Pi ecosystem, but with the upcoming Open Network launch on February 20, 2025, Pi tokens are expected to become tradable on external exchanges, opening new opportunities for users.
Who Are the Founders of Pi Network?
Pi Network was founded by Nicolas Kokkalis and Chengdiao Fan, two Stanford University Ph.D. graduates.
How Many Pi Network (PI) Tokens Are in Circulation?
PI, the native token of the Pi Network ecosystem, is available on various exchanges. The total supply is 100 billion PI, with 80% allocated to the community through mining rewards and 20% reserved for the Pi Core Team for development.
How to Buy Pi Network (PI) on Bitget?
Consider investing in Pi Network (PI)? Follow these steps:
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Verify your identity.
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Deposit funds.
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Check out the available Pi Network trading pairs on Bitget.
Spot Trading
Is Pi Network Token a Good Investment?
Pi Network is still in development, and its tokens are not yet tradable on major exchanges. While it has great potential, its future value depends on adoption, exchange listings, and ecosystem growth. Investors should stay informed and approach with caution.
Simple 3-step guide to buying PI today in Peru
Create your free Bitget account
Select a funding method
Complete your Pi Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Pi Network using a payment method of your choice:
Buy Pi Network with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Pi Network order.
How to buy crypto with credit/debit cardBuy Pi Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Pi Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Pi Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Pi Network order.Buy Pi Network with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Pi Network order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Pi Network in your Bitget spot wallet
Bitget—where the world trades Pi Network
How to buy Pi Network for free
- Learn how to earn Pi Network for free through the Learn2Earn promotion
- Earn free Pi Network by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Pi Network airdrops by joining ongoing challenges and promotions
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FAQ
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Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase Pi Network(PI) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.