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Fundamental analysis of pi currency is an important method to access the information required by active shareholders in the field of cryptocurrency. As you know, Pi crypto is a new crypto created by a development team called Pi Network. Pi Network’s main goal has been to provide a global platform for mobile cryptocurrency mining. You can learn more about the most important advantages of fundamental analysis from the crypto site in the continuation of this article.
Unlike other digital currencies such as Bitcoin that require complex hardware to mine, Pi currency mining can be done simply using a mobile phone. For this reason, this crypto is described as a mobile crypto. The goal of Pi Network project is to create a global network of participating communities where people can independently mine their crypto and use the features of crypto in other services such as fiat currencies, buying and selling, and transfers.
Applications of Pi digital currency
Pi digital currency can be used as a store of value currency. Users can convert their liquidity into Pi currency and store it in their digital wallet. By using the Pi blockchain network, international transfers and payments are possible with reduced costs and more transfer time. Sellers and buyers can use the Pi crypto as a currency to conduct electronic transactions. This allows business owners to reduce the cost of electronic payments and make faster transactions.
Users can use Pi crypto as an investment tool and earn profit by buying and holding it in the hope that its value will increase in the future. Projects related to Pi crypto may organize collective projects so that people can earn money as part of the Pi community and participate in these projects with cooperation and quota.
The fundamental analysis method for cryptocurrencies is similar to stock analysis strategies that examine some economic and financial metrics. For the fundamental analysis of Pi crypto, basic components can be examined. Investigate companies that promote and support forums. The level of loyalty of companies and their participation also shows the independence and strength of the currency support network. Review recent news and events about pi and its relationship to the currency’s price performance, including contracts, new developments, and any significant changes in the industry.
First, download the Pi Network app from Google Play or App Store and install it. After installing the application, register through your mobile phone number or face account and create your account. After logging into your account, click on the builder option from the top menu. On the manufacturer’s page, you can use educational content and selected software to buy Pi. To buy Pi currency, click on the buy option.
At this point, you have to choose a monthly subscription plan. Make your payment and complete your purchase. After completing the purchase, the amount of Pi purchased will be added to your account. Many Pi network users use this method to buy Pi currency. But the main point is that Pi Network is free for life and you can redeem it. So you get Pi currency for free anyway.
