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Big announcement coming from the Pi Network. On the occasion of Pi2day, Pi Network has officially partnered with Banxa and Onramper, two well-known fiat-to-crypto platforms that help users buy and sell crypto using traditional money like dollars, euros, and rupees.
For everyday Pi users, this means it just got easier to convert Pi Coins into fiat—and vice versa, without needing to go through complicated crypto exchanges.
Turning Pi Into Real Money
With this partnership, Pi users can now buy Pi Coins using local currency through popular payment options like credit cards, Apple Pay, Google Pay, or bank transfers. No more jumping through hoops or needing to understand complicated crypto exchanges, it’s now as simple as shopping online.
Even better, users can also sell Pi for cash directly into their bank accounts. That’s a game-changer for people who’ve been holding Pi for years but had no clear way to cash out.
Why Banxa’s Role Is Huge
Banxa is doing more than just offering buy/sell services. They’ve already purchased over 30.5 million Pi tokens, worth nearly $19 million, to make sure there’s enough supply for trading. This means users won’t have to wait days for their orders to go through — transactions can now be smoother and faster.
Banxa is also helping new users open Pi wallets by handling KYC (Know Your Customer) checks, even if they haven’t passed Pi’s internal KYC yet. That lowers the barrier for more people to start using Pi.
Onramper: More Options for Pi Buyers
Onramper works a bit differently. It brings together multiple fiat-to-crypto providers—like Banxa and others—so Pi Network users can choose from different payment methods and currencies, all in one place.
While not as deeply integrated as Banxa, Onramper still makes Pi Coin more reachable, especially in regions where Banxa might not be available.
No Surge In Pi Coin
Despite all the recent buzz, Pi Coin’s price is still stuck in the red zone. Over the last few days, Pi Coin has dropped 3.6%, falling from $0.57 to about $0.5356.
Adding to the worry is the huge unlocking of Pi tokens coming up in July. Nearly 337 million new Pi tokens will join the circulating supply next month. With low demand, this could push the price down to around $0.40 soon.
