Pi Network Review – Is Pi Network Scam or Legit? Lets review this Pi Network
Want to join Pi Network and make money at your convenience? let me guide you through the entire process without jumping steps. Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone without stress.
However, extreme caution must be taken to avoid bitcoin and other digital currencies scam both online and offline. Bitcoin scams come in various formats and it isn’t far from the truth that as the cryptocurrency sphere experiences advancement, more scams continually emerge, causing unsuspecting Bitcoin users to lose their hard-earned bitcoins to scammers.Quite obviously, the presence of fake wallet apps now constitutes the various scams used in tricking people into fake transactions and ultimately defrauding them.
Meanwhile, it’s noteworthy that the popular Apple store has been discovered to host fake bitcoin wallet apps looking very identical to some of the widely used ones such as BreadWallet, Green Address and Coinbase.
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One can imagine the number of innocent persons who might have been scammed before the Bitcoin community’s intervention and resolve for such apps to be removed.
As a novice in the cryptocurrency sphere, you could fall victim of fake bitcoin transactions.
Lets Get down to the brass tacks and understand some key concept in Pi Network.
Is Pi a free money?
Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members. Read less .
What is the value of Pi?
Today Pi is worth approximately 0 dollars / euro etc. similar to Bitcoin in 2008. Pi’s value will be backed by the time, attention, goods, and services offered by other members of the network
Is this real? Is Pi a scam?
Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.
How does this app work? How do I earn more Pi?
This app allows you to earn Pi by making simple contributions to Pi’s community. The more you contribute, the more Pi you earn.
Do I need to leave the app open to mine? Does the app drain my battery or data?
You do not need to leave the app open to mine. Pi does not affect your phone’s performance, drain your battery, or use your network data. Once you hit the lightning button, you can even close the app and you will continue to mine Pi.
What is the Ambassador role? How does the earning team work?
As an Ambassador, you earn up to a 25% bonus on your base mining rate for each person you invite to the network
When will Pi be worth something? When can I turn Pi into “real” money?
Pi’s holders will be able to turn Pi into “real” money when they either purchase goods and services on Pi’s marketplace or exchange Pi for fiat currency.
Can I withdraw my Pi? What is the timeline for withdrawals?
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