How to buy and sell Pi Coin easily with Banxa?
A company called Banxa is now working with the Pi Network to help Pi Pioneers easily convert Pi coin into real money (fiat) and also buy Pi using fiat.
This means that Pioneers can soon send their Pi to Banxa and receive money directly in their bank accounts, or use Banxa to purchase Pi using methods like credit cards, bank transfers, or Apple Pay.
Banxa is similar to the “PayPal of crypto” but more advanced. It enables consumers to purchase and trade cryptocurrencies using ordinary money (such as USD, EUR, or INR) via secure payment methods like bank transfers, credit/debit cards, and Apple Pay.
What makes Banxa stand out is its full regulatory compliance. It follows strict laws like KYC (Know Your Customer) and AML (Anti-Money Laundering). This ensures that all transactions are legal, secure, and safe for users across many countries.
Now, Banxa is joining forces with the Pi Network. It has already acquired 30 million Pi coins to provide enough liquidity, making it easier for Pi Pioneers to buy Pi with fiat or sell their Pi and receive real money in their bank accounts.
This partnership acts as a fiat on-ramp and off-ramp for Pi, bridging the gap between traditional banking and the growing Pi ecosystem. It’s a big step toward making Pi a real, usable currency in the global economy.