07/11/2024
🟣ANSWERING THE CONFUSION OF PIONEERS🟣
Pi doesn't need the Exchanges,but the Exchanges needs to list Pi.Those are two different things.The Exchanges will follow CT rules.
If Pi is listed on the Exchanges,Pi will become a Stablecoin like USDT,USDC, BUSD,etc.
I will explain based on the illustration in the images.
◾️Bitcoin (BTC) is traded using USDT.The price of 1 BTC based on USDT is $ 66,500..You can buy BTC in fractional form.
◾️The value of 1π = $ 314,159..If BTC is traded with reference to Pi,then 1 BTC = 0.238732 Pi..Today's BTC price is around $ 75,000.
◾️If you want to make a withdrawal after trading BTC,you can exchange it for Stablecoin Pi,USDT,USDC,BUSD,etc..After that you can convert to FIAT according to your Country if needed..In the image illustration is the conversion of Pi to US Dollars (USD).Stablecoins can experience small volatility that is not too significant at certain times.
✅ The point is,don't misunderstand.Pi is listed on the Exchanges not for buying and selling (trading),but for buying Traditional Crypto assets such as BTC,Ethereum,BNB,Solana,XRP,XLM etc,for Pi owners (Users) who want to invest in Traditional Crypto.CT has anticipated this wisely and carefully.That's why wee see on GitHub many Exchanges are integrated into the Pi Network Ecosystem.
Be a smart Pioneer..GCV will win!!!..🔥🔥✊✊💜💜