What is Pi Network (PI)?

PI coin is a social currency designed to fuel the world's most inclusive peer-to-peer ecosystem, with the aim of becoming the most widely used cryptocurrency. It is a pioneer mobile-first cryptocurrency that users can mine and transact via mobile phones while supporting applications built in the Pi network ecosystem.

PI's total supply is capped at 100 billion and follows a declining issuance model depending on network growth and participation. It means that the rate at which PI tokens can be mined halves every time the network size grows by 10 times. Those who join the Pi network to mine PI, validate transactions or support the ecosystem growth are called "pioneers".

Started in 2019 by Stanford graduates, the Pi network has multiple components in its ecosystem, including the Pi browser (allowing developers to test and deploy dApps on the web), Pi mining app, Pi chats (built-in messaging protocol), Fireside forum (Web3 social networking app), PiNet (website bridging Pi's Web3 apps to the Web2 world), Developer Platform and more. PI coin made its market debut in February 2025 after multiple delays.

How Does Pi Network (PI) Work?

The Pi network is a mobile-first cryptocurrency in which participants mine coins by tapping on their phone screens daily. Pi adopted a mechanism different from Bitcoin's Proof-of-Work (PoW) consensus algorithm, which uses immense energy and resources. Its consensus combines the Stellar Consensus Protocol (SCP) and the Federated Byzantine Agreement (FBA), consisting of four roles: Pioneer, Contributor, Ambassador, and Node operator.

Pioneers are general users who mine PI coins by tapping on the Pi app daily. Contributors add other trusted members to their security circles to provide a security layer. Ambassadors help expand the network by referring new people to the Pi ecosystem. Last up are the Node Operators, who run the validator software on their desktop applications.

So, instead of using energy-intensive methods to verify transactions, the Pi network uses a method based on member trust relationships. It follows a strict one-account-per-person policy through its KYC (Know Your Customers) solution for further security. This approach helps it combat fraudulent activities and enable fair mining participation.

Since anyone can mine PI just by smartphone, it makes PI highly accessible even to those with limited technical knowledge and financial limitations. Once mined, they can use their PI coins to perform transactions within the Pi network ecosystem, which consists of a web browser, bridging website, developer platform, fireside forum, and more. They can also spend their PI coins on Pi-enabled marketplaces.

How to Buy Pi Coin in India?

There are many platforms where you can invest and Buy Pi coin in India.

One such platform is Flitpay. To buy PI coin in INR, you have to sign up to Flitpay, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy PI coin and execute the purchase.

You can instantly convert your INR to PI and PI to INR and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

How do I convert PI coin to INR on Flitpay?

Buying and converting PI directly on Flitpay is a task of a few clicks using the Flitpay OTC platform. If you have already made a PI purchase on Flitpay and want it to convert into INR, all you need to do is; sell it on Flitpay, and you will receive the INR in return. If you have your PI holding in another exchange, you must deposit your crypto on Flitpay and then execute the selling process to convert PI into INR.

To learn; how to deposit PI coin or any other crypto from another platform, refer to the link.

You can easily withdraw your converted INR through the instant bank withdrawal service provided by Flitpay in a breeze.

What to Do After Buying Pi Network (PI)?

PI can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold the PI till it reaches a high price, and then you can sell it through Flitpay's OTC order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

FAQs

What is Pi (PI)?

Pi (PI) is a mobile-first cryptocurrency designed for peer-to-peer transactions within its ecosystem. Anyone with a mobile and internet can mine PI coins by tapping their phones daily. PI has a capped maximum supply of 100 billion.

What is the Pi price in India?

Check out the current INR price of PI crypto in India on Flitpay.

Which is the best crypto exchange in India to buy Pi coin?

Flitpay is the best cryptocurrency exchange in India to buy PI, buy Dogecoin or your favourite cryptocurrencies. Flitpay supports instant UPI and bank deposits and bank withdrawals with a minimum deposit and withdrawal limit of INR 100.

Why Choose Flitpay to Buy Pi coin in India?

Flitpay crypto exchange stands out as the most reliable and secure platform to buy PI coin in India. Here's why:

• Swift and Secure: Flitpay's quick buy/sell feature allows investors to buy PI coin in India swiftly within seconds. Flitpay has also implemented robust security measures, including 2FA at various stages, and integrated multi-party computation (MPC) technologies to protect customers' invaluable investments.
• 99.9% Uptime: The robust build and interface of Flitpay ensure 99.9% uptime, allowing you to access your PI investments anytime without any hitches or glitches.
• Price Alerts: Flitpay's timely price notifications and alerts keep investors updated with price changes, allowing users to easily seize the right opportunity to buy or sell PI even when offline.
• Instant Deposits and Withdrawals: Access your funds hassle-free through instant deposit and withdrawal services. With Flitpay, you can easily convert your PI to INR or INR to PI and withdraw your funds instantly.

What are the benefits of Pi Network?

Pi enables easy mobile mining, making cryptocurrency accessible to everyone, even those with limited technical knowledge. Its energy-efficient consensus mechanism reduces environmental impact compared to traditional crypto-mining methods. The Pi ecosystem includes various apps and platforms, such as Pi Browser, Pi Chat, Fireside Forum, PiNet and a Developer Platform, making it functional and innovative. Pi's decentralized ecosystem encourages community participation, and a strict KYC process ensures fair mining and fraud reduction.

Is it safe to invest in Pi Network (PI) in India?

Yes, investing and trading PI is Safe in India. Flitpay is one of India's most secure cryptocurrency exchanges for buying PI. It offers real-time prices and advanced investing features.

Where can I deposit and withdraw Pi coin in India?

Your search for secur crypto deposits and withdrawals in India ends here. Flitpay is the only crypto exchange that facilitates hassle-free and instant crypto deposits and withdrawals in India with minimal or no fees.