Okay, let’s talk about something cool today—Pi Coin. You’ve probably seen this name floating around in your friend circle or on social media. And maybe you’re wondering—“What is this Pi Coin thing? Can I really earn it for free? And if I earn it, how do I withdraw it?”
Don’t worry. I’m going to explain everything in the most simple way. Before we start lets grab our chai and samosa. So let’s start.
What Even Is Pi Coin?
Pi Coin is a cryptocurrency, just like Bitcoin or Ethereum. But here’s what makes it different—you don’t need any fancy computer setup to mine it. You can mine Pi Coin from your mobile phone. Yup, you read that right. No heavy machines. No big electricity bill. Just your phone.
And guess what? It’s already one of the top 11 biggest cryptocurrencies in the world. Its market cap is more than $10 billion! That’s huge.
Right now, the value of one Pi Coin is about ₹10 (roughly $1.42). Earlier, it even touched $3 for a short time. And if it gets listed on Binance (a big crypto exchange), experts say it might touch $5 or even more. That’s why a lot of people are going crazy about it.
Some People Got Pi Coin for Free. How?
Believe it or not, some people started using Pi Network back in 2019 when it launched, and they’ve been mining Pi Coins for free on their phones since then.
Now imagine this—someone mined 1000 Pi Coins over time. That means they have roughly ₹10,000 worth of Pi Coins right now. And if the price goes up to $5 (₹400 approx), then bro—they’ve made ₹4,00,000 just like that. Without spending any money. Isn’t that wild?
How to Start Earning Pi Coin for Free
Let’s say you’re now interested and you also want to earn Pi Coin. Good news—it’s super easy. Here’s what you need to do:
Step 1: Download the App
Go to the Play Store (Android) or App Store (iPhone), and search for “Pi Network”. Download the app and open it.
Step 2: Sign Up
Once you open the app, it’ll ask you to register. You’ll need to:
- Enter your mobile number
- Enter your email ID
- Create a password
Easy peasy.
Step 3: Enter Your Details
Here’s an important thing—enter your real name. Not your nickname or Insta name. Why? Because later, you’ll need to do KYC (like bank verification), and if the names don’t match, you won’t be able to withdraw your Pi Coins.
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Step 4: Enter a Referral Code
This part is optional but very helpful.
When you enter a referral/invitation code (like a friend’s code), your mining rate increases. Basically, you’ll earn more Pi Coins every hour. If you don’t enter any code, you’ll still mine coins, but at a slower rate.
How to Start Mining Pi Coins on the App
Once you’re inside the app and registered, you’ll see a green lightning icon. Just tap on it once a day. That’s it.
This starts your mining for 24 hours.
No, seriously. That’s all you have to do—tap that lightning icon once every day. You don’t even need to keep the app open.
Now you must be thinking—”That’s it? I just tap and earn money?”
Well… kinda, yes.
The more consistent you are, the more Pi you earn.
Want to Earn Faster? Here’s How
The base mining rate is low. So if you want to earn more Pi Coins faster, here are two things you can do:
1. Invite More People
There’s an “Invite” option inside the app. Share your referral code with your friends. When they join using your code, your mining speed increases.
Also, for every person who joins, you’ll get 1 free Pi Coin as a bonus.
2. Build Your Security Circle
Once your friends join, you can add them to your “Security Circle.” This also helps boost your mining rate. And don’t worry, it doesn’t affect your phone or privacy.
So yeah—invite 5 people, add them to your circle, and boom! Faster Pi mining.
But There’s a Catch (Kind Of)
Your mining session only lasts 24 hours. After that, you have to open the app and tap the lightning icon again.
Why? To prove you’re a real person and not a bot.
So don’t forget to check in once a day. Maybe set a daily alarm or reminder on your phone.
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How to Withdraw Your Pi Coin
Now let’s get to the juicy part—withdrawing your Pi Coins. After all, what’s the point of earning free coins if you can’t cash out?
Here’s how you do it:
Step 1: Complete KYC
To withdraw your coins, you MUST complete your KYC (Know Your Customer) verification.
You’ll find this under the “Mainnet Checklist” in the app.
Some people are confused because the KYC option isn’t visible to them. But don’t worry—it will appear when your turn comes. The platform is slowly rolling it out to users.
Meanwhile, keep using your real name and details so that when the KYC is available, you can complete it quickly.
Step 2: Download Pi Browser
Next, download the Pi Browser from the Play Store or App Store.
This is a separate app from Pi Network. It’s like a special browser just for Pi Coin-related stuff.
Once inside the Pi Browser:
- Create a Pi Wallet
- Save your passphrase (24 words) somewhere safe
- Paste the phrase into the main app when asked
This links your wallet to the Pi Network.
Step 3: Lock-Up Commitment
Now, the app will ask how much of your Pi you want to lock and for how long.
Think of this like a fixed deposit (FD). You can choose 2 weeks, 6 months, 1 year, or even 3 years.
If you lock more Pi for a longer time, your mining rate increases.
But remember—if you choose 3 years, you won’t be able to sell your Pi during that time. So most people go for 2 weeks or 6 months.
Choose wisely.
Final KYC Step: Phone Number Verification
After all that, you’ll need to verify your mobile number.
If you’re from the US or Canada, it’s easy—they’ll just send an SMS.
But if you’re from India or anywhere else, you’ll have to manually send a code via SMS to a US number. Yes, it costs a few rupees. So maybe do this only after you’ve mined a good amount of Pi.
Once KYC Is Done…
Once all steps are complete and your KYC is verified, your mined Pi Coins will be transferred to your Pi Wallet.
From there, you can:
- Send Pi to others
- Sell it on exchanges (once listed)
- Use it for purchases (if merchants accept it)
Right now, Pi is listed on some small exchanges like BitMart, XT.com, etc. If it gets listed on Binance, then prices might go up a lot. That’s what many people are waiting for.
What About Trading Pi Futures?
There’s a platform called Delta Exchange that lets you trade Pi Coin futures.
This means you can bet on Pi’s future price and earn profits—without even owning real Pi Coins.
They give you leverage too. Like, with just ₹1, you can trade up to ₹20,000 worth. Crazy, right?
But be careful—leverage is risky. You can lose money fast too.
Use only if you understand trading well.
So, Is Pi Coin Legit?
Pi Network has been around since 2019. It’s not some new scammy token. Millions of users are using it. And it already has a working app, browser, and wallet.
Still, the value will truly be known only when it’s fully listed on major exchanges and accepted widely.
Till then, it’s a bit of a gamble. But hey—it’s FREE. You’re not investing money. Just your time.
So there’s nothing much to lose.
Final Tips Before You Go
- Use real details while signing up.
- Check in daily by tapping the lightning icon.
- Share your referral code to increase earnings.
- Complete KYC when your turn comes.
- Save your wallet passphrase safely.
- Withdraw and sell only when everything is set up.
So if you found this helpful, don’t forget to share it with your friends and family. The more you all earn together, the better! Thanks for reading! Happy mining!
