Integration with payment systems is now standard across many platforms and apps. You must have a basic grasp of software development to undertake the technically demanding process of incorporating the Pi Coin payment mechanism into your application. If you don’t have much expertise in this area, it’s best to get help from a seasoned software developer.
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1.Testing of Transactions
Testing of transactions is the next most important step after incorporating the Pi Coin payment system into your app. To ensure all systems work properly before real money transactions are involved, this phase entails conducting tests within a sandbox environment.
Your main goals during transaction testing should be to ensure that all stored transaction data is valid and that users can make payments with Pi Coin without any issues. In order to find and fix any problems that might develop, testing must be thorough and repeated.
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2. Making a PayPal Withdrawal
You will want a PayPal account in order to turn your Pi Coins into fiat currency. The initial stage is to sign up for a PayPal account if you do not already have one. Secure online payments have never been easier than with PayPal, one of the world’s most popular and well-respected payment processors.
The idea of “sandbox testing” that PayPal employs must be understood. To make sure your Pi Coin payment system is foolproof, you can test payment integrations using this method without using actual money.
3. Building a PayPal Test App
Step two after signing up for a PayPal account is to make a practice account. This is a critical stage since it allows your app to incorporate the Pi Coin payment system.
Without worrying about actual financial transactions, a test application provides a safe space to test all parts of the payment integration process. In this practice app, you’ll enter all the info needed to link your Pi Coin payment system without a hitch.
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4. Adding Support for Pi Coin Payments to the App
Enter your application while it is in the sandbox for testing. Here, the Application Programming Interface (API) offered by Pi Network is usually used. To make sure the payment goes through without a hitch and is safe, read the integration guidelines thoroughly.
5. Turning Your Pi Coins Into Cash
You can begin turning your Pi Coins into fiat currency once you’ve finished testing everything and made sure the Pi Coin payment system works. Make sure your Pi Coin balance is at least the minimum required by Pi Network to withdraw funds.
You may generally find alternatives to turn your Pi Coins into cash and send them to your PayPal account while you’re making a withdrawal. Because Pi Network is an evolving platform, the regulations and processes pertaining to it may change over time.
There is always the chance of losing money when investing in cryptocurrencies like Pi Coins. Cryptocurrency prices are unpredictable, and there is no assurance of large gains. If you want to make an educated decision regarding your bitcoin investments, you need do your homework and maybe even talk to some financial professionals.
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FAQs
Can Pi be converted into cash?
Currently, Pi cannot be converted into cash. It is created by the Standford graduates and is currently in testing stage. Once it enters into Mainnet, then we may get to convert it into cash. Currently, even the value of Pi is not known. Maybe even equal to USD 0. But don’t worry. We may be able to convert it into cash by mid of 2022 or early 2023.
What is 1 Pi in US dollar?1 Pi is 25.687243 US Dollar . So, you’ve converted 1 Pi to 25.687243 US Dollar . We used 0.038930 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert Pi to other currencies from the drop down list. Selling 1 Pi you get 25.687243 US Dollar at 22.
How to convert pi network (Pi) to USD?There are 2 cryptocurrency exchanges tracked by CoinCodex where you can convert PI to USD. You can quickly compare the Pi Network price USD rate between five popular exchanges in the table above. Currently, Huobi Global provides the best exchange rate for Pi Network (USD denominated). The current Pi Network price in USD is 21.21 USD.
How to convert Pi coins to fiat currency?Once you have Pi coins in your wallet, you can use a Pi exchange platform to convert your Pi coins into a fiat currency or another cryptocurrency that can be exchanged for fiat currency. Currently, Pi cryptocurrency is not yet listed on any major cryptocurrency exchange platform.
Disclaimer: Pi coin carries a high level of risk and it is not recommended to trade this coin.
Where to Trade CryptoFutures?
Now you can trade Crypto futures on BTCC. BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities.
BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to3,500 USDTin bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels. Find out what campaigns are available now:https://www.btcc.com/en-US/promotions
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Why Trade Crypto Futures on BTCC
To trade Cryptofutures, you can choose BTCC crypto exchange.BTCC, a cryptocurrency exchange, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. Over 11 years of providing crypto futures trading services. 0 security incidents. Market-leading liquidity.
Traders may opt to trade on BTCC for a variety of reasons:
- Security：safe and secure operating history of 11 years. Safeguarding users’ assets with multi-risk management through the ups and downs of many market cycles
- Top Liquidity：With BTCC’s market-leading liquidity, users can place orders of any amount—whAVAXer it’s as small as 0.01 BTC or as large as 50 BTC—instantly on our platform.
- Innovative：Trade a wide variety of derivative products including perpetual futures and tokenized USDT-margined stocks and commodities futures, which are innovative products invented by BTCC.
- Flexible：Select your desired leverage from 1x to 150x. Go long or short on your favourite products with the leverage you want.
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How to Trade Crypto Futures on BTCC ?
To trade Crypto Futures on BTCC, follow these simple steps:
- Create an account
Go to the BTCC website and fill out the registration form with the necessary details. Finish the checks to make sure you’re in line with the stock exchange’s rules.
- Deposit funds
Fund your BTCC wallet once your account has been created and verified. You can fund your BTCC account with a number of different cryptocurrencies and fiat currencies.
- Navigate to the crypto trading section
You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
After deciding which type of deal you want to make, you can enter the amount of crypto you like to buy or sell, as well as your preferred price (if necessary). If everything checks out, go ahead and make the deal.
- Monitor and manage your trades
Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
Before becoming involved in any kind of trading, make sure you’ve done your homework. Due to the extreme volatility of the cryptocurrency markets, it is crucial to have a well-defined trading strategy and risk management framework in place. To successfully trade crypto on the BTCC market and take advantage of the chances it provides, follow these procedures and keep yourself updated.
Look More:How to Deposit Crypto on BTCC?
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How to Trade Tether (USDT) on BTCC
- Mobile App
- 1. Download the BTCC App viaApp StoreorGoogle Play
- 2. Register and verify your account, or log in to your BTCC account.
- 3. Tap ‘Buy Crypto’.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 4. Enter the amount you would like to buy in USDT.
- 5. Select a service provider and proceed to payment.
- Web Platform
- 1.Registerand verify your account, orlog into your BTCC account.
- 2. Click ‘Buy Crypto’ on the menu.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 3. Enter the amount you would like to buy in USDT.
- 4. Select a service provider and proceed to paymen.
BTCC Bonus
BTCC bonuses apply to different categories of users. Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
- Bonus On First Deposit And Trade
You will get a bonus worth 10 USDT when you deposit 200 USDT and above within 7 days of opening an account. The reward includes a 5 trading fund and a 5 USDT coupon.
If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.
- BTCC Futures Trading Bonus
You can earn bonuses from trading futures on BTCC within a stipulated time.
- A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a200 USDTcoupon.
- A cumulative future trade of 500,000 USDT and above will earn you a 20 USDT trading fund and a300 USDTcoupon.
- A cumulative future trade of 1 million and above will earn you a 50 USDT trading fund and a500 USDTcoupon.
- A cumulative future trade of 5 million USDT and above will earn you a 125 USDT trading fund and a1000 USDTcoupon.
- A cumulative future trade of 10 million USDT and above will earn you a 250 USDT trading fund and a2000 USDTcoupon.
- A cumulative future trade of 20 million USDT and above will earn you a 500 USDT trading fund and a5000 USDTcoupon.
- Other Bonus
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BTCC FAQs
1.Is BTCC safe?
Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.
2.Is it possible for me to invest in BTCC?
Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.
3.Can I Trade BTCC in the U.S?
Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.
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