Pi Cryptocurrency - Everything You Need To Know About Pi Coin!
Christian Rauchenwald Christian Rauchenwald
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 Published On Oct 13, 2020

Pi Cryptocurrency - How To Withdraw? Is Pi A Scam? How Much Is Pi Worth? Everything You Need To Know In One Video!

Links mentioned in this episode:

1. Join the Pi Network 👉 https://bit.ly/GetFreePiCoins and use invitation code "RauchenwaldC" (without the quotes)
2. Join our exclusive community 👉 http://bit.ly/JoinTheGroupChat
3. Read the Pi White Paper at 👉https://minepi.com/white-paper
4. Check out our portfolio at 👉https://bit.ly/3lKObMx
5. Let me know which topic you want to see next 👉 https://bit.ly/TopicsToCome

In today's video, I'm going to answer all questions you might have regarding Pi Network and its Pi Cryptocurrency.

If you don't have a Pi account yet, sign up using 👉 https://bit.ly/36ZQfvV and use Pi Invitation Code "RauchenwaldC" (without the quotes).

Read the Pi white-paper at 👉https://minepi.com/white-paper

If you have a specific question regarding Pi, use the timecodes below to jump straight to your answer.

00:00:00 Pi Cryptocurrency - Everything You Need To Know!
00:43 Is Pi legit or a scam?
01:08 Which invitation code should I use?
01:18 Is Pi "free money"?
05:14 How does mining Pi coins work?
05:55 How can I earn Pi coins?
06:22 Why is Pi Network giving away Pi coins for free?
06:43 How can I increase my Pi per hour?
07:32 Is there a Pi per hour limit?
08:06 Can I close the Pi app and still receive Pi coins?
08:28 What are security circles in Pi?
09:11 Should I only add people that I know in my security circle?
09:54 When will Pi reach phase 3?
09:55 When will Pi be worth something?
09:56 What is Pi currently worth?
09:57 When will the Pi mining stop?
10:47 How many users are currently part of the Pi Network?
11:16 How many Pi accounts can one user create?
11:32 What does KYC stand for in Pi Network?
12:04 What happens with unverified Pi accounts?
12:19 Is the Pi app a cryptocurrency wallet?
12:44 How can I withdraw Pi coins in Pi Network?
16:44 Where can I find the Pi white-paper?

17:00 What else can I do to build wealth?

Is your Pi Network related question not mention in this video? No problem, simply leave a comment down below.

Pi Network was founded in 2019 by multiple Stanford professors with the aim to create a coin that can equally be mined by everyone and does not provide an unfair advantage to people with more money or better hardware.

Pi coin the official cryptocurrency of the Pi network can only be mined until the Network reaches 100,000,000 users, and since there are currently only 7,000,000 users, you still have the chance to become a pioneer and be among the first 10% to mine Pi.

Since mining Pi happens on your smartphone and the mining speed is not determined by hardware or operating system of your smartphone but only depends on the number of people you invite to join your Pi Network it's by far the fairest approach to building a cryptocurrency I've seen in a long time.

The biggest benefit of the current "mine Pi coins for free on your phone" phase is that we can be 100% certain that Pi Network is NOT a scam because it doesn't require any investment at all to get started.

In order to start mining Pi coins on your phone you simply have to follow the steps below:

1⃣ Visit 👉 https://bit.ly/36ZQfvV and download the Pi Network app.
2⃣ Launch the app and create your Pi Network account, either by using your Facebook account or your phone number.
3⃣ Enter "RauchenwaldC" (without the quotes) as your invitation code.
4⃣ Click on the "white bolt" icon to start mining Pi coins on your phone for free
5⃣ Repeat step 4⃣ every 24 hours

It's not yet sure if or how much Pi coins are going to be worth in USD, but that really doesn't matter that much.
For now, Pi Network and the Pi application on your phone allow you to mine the coin for free and even if the Pi Network project and with it the Pi coin die somewhere along the way, you did not lose anything.
On the other side, once Pi coin reaches the stage at which Pi coin can be traded on popular cryptocurrency exchanges it will have at least some monetary value making this one of the few existing opportunities to get cryptocurrency for free and benefit from it in the future.

// DISCLAIMER

This description contains affiliate links. If you decide to purchase a product through one of them, I will receive a small commission.

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