Everyone struggles to make money these days using online platforms. Although there are numerous ways to make money, the majority of individuals are figuring out how to do so without making any investments. You should read this post on how to earn money from Pi Network if you have no skill and want to make money without investing any money. It’s also an excellent way to have a reliable source of passive income.
This is the best source of passive income, and you can earn money. So, we first talk about what is Pi and how we can earn money from pi network.
What is PI?
Pi basically is a digital currency. You can earn pi coins by mining and then just trade these coins and earn money. Pi is a growing Fastly in all over the world and it is digital currency that allows its users to earn pi coins by mining and other methods. Pi network has its own wallet which accumulates your digital currency and allows its users to access and increase your Pi currency. It is a user-friendly platform.
How to Start at PI Network
If you want to earn money from pi network, then you should have proper knowledge of networking and how it works. It is like a cryptocurrency, but pi network makes it a community-driven network that allows its users to earn pi coins by contributing to the system.
To start earning from PI network you first need to create an account. PI application is available on play store and apple store, you have to download the app, and continue with your Facebook or phone number, then you have to select your region and enter country code. Then enter your name, and necessary details and your pi network account has been created and now you are able to start earning from pi network.
What is PI KYC?
PI KYC is an important factor after creating an account in PI platform to earn money from pi network. You have given a KYC to complete before starting pi network and to start mining. In pi KYC you have to enter your country name and then you have to add your id card number, after this you will have to submit your application.
In application you have to enter the front and back side of your id card then you have to upload your picture of your face. They will match the id card photo and your fresh photo. After this you are able to submit your application. Once your KYC is approved, it will take up to 10 to 15 days, then you are ready to start exchange of your pi coins to others and earn money.
What is Pi mainnet?
Up to 2023 Pi users do not exchange their coins with other cryptocurrencies and can not make a block chain. The meaning of mainnet is that it allows Pi to become fully independent and can make a block chain easily. Now open Pi mainnet will be introduced in 2024 and it will remove Pi mainnet blockchain firmware and external apps and organization will be able to connect with Pi mainnet blockchain and transact their money.
How to earn money from PI network
Once you have created your account, you will be able to start earning from pi. Pi Network works as Mainnet of development, you have to mine and make money. The Pi Network allows its users to mine pi coins in their mobile phones or laptops and they can participate in securing the network and rewarded with Pi tokens in return which they can convert it into their cash.
Ways through you can earn money
There are many ways in which you can earn money from pi network, and we have discussed almost every way you can earn money from pi network. These are:
- By Mining Pi Tokens
- By Referral Program
- Become a Contributor
- Selling Pi coins
- Pi browser
- Pi network events
- Collaboration and partnership
BY Mining Pi Tokens
This is the best and easiest way to earn money from pi network. Once you have created your account you can start mining pi tokens. You have to open your pi network account daily, and you can mine pi coins by tapping on the button. The mining speed depends on how many people have joined from your referral link. But at the start the mining speed is 0.01 pi/hour.
By referral program
Referral program also plays an important role in increasing the pi coins. Pi network has a referral program through which you can invite your friends and family to join pi network.
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The more people join the more speed of your mining rate increases and you earn more pi coins. If your referral also mines daily, then due to their mining you will earn extra pi coins and it could lead to more pi earnings.
Become a Contributor
Pi network allows its user to become a contributor to their network by adding members to its security circle. By hosting this user can earn rewards, and pi tokens. This process helps pi network to make stability of their network.
You have to keep in mind that the node and host requirements may vary on locations and on technical experty so you have to research thoroughly before optioning this earning way. But for this you have to complete 3 earning sessions in 3 days then you are able to add users to your security circle.
Selling Pi coins
When pi sale purchase is available then you can earn money from pi coins by trading them on cryptocurrency exchange. By trading pi coins, there will be an opportunity to make money through that process. Like other cryptocurrency trading you can earn money. You can buy pi coins when their rate is low and sell them when you believe their price is high.
Pi browser
It is also the way to earn pi coins from pi network. Pi browser is web browser of pi network. It is an extension which enables its users to make pi coins while browsing on the internet. This feature helps its users to make coins for their online activities which allow them for passive income.
Pi network events
Pi networks arrange events for the pi users and by participating in these events and challenges users can earn different rewards. But these events require creativity, more people to join platforms from your link, collaboration, and active engagement to win exciting opportunities for pi coins.
Collaboration and partnership
Many companies now accept pi coins. So, by partnership with these companies and organizations will help you to boost your income and their sale rate also increases. Many influencers and active community members can use their network to make such partnerships which helps them to earn commissions and reward in the process.
Conclusion
Pi network is increasingly growing in all over the world and investing in cryptocurrencies mainly pi coins will be quite profitable for the investors, but there are always risk in every work. But you have to stay strong and invest your money cryptocurrency. As the Pi Network is evolving you have to stay engaged and explore the income revenues through pi networks which helps you to earn money from pi network.
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