How to Buy MonaCoin (MONA) with Pi Network [IOU] (PI)
To buy MonaCoin using Pi Network [IOU], first, find a cryptocurrency exchange that supports the MONA/PI trading pair. Create an account, verify your identity, and deposit your PI into your exchange wallet. Locate the MONA/PI pair on the trading platform and place an order to exchange your Pi Network [IOU] for MonaCoin. If the MONA/PI pair is unavailable, you can first exchange Pi Network [IOU] for a stablecoin like Tether (USDT) or a fiat currency, then trade that for MonaCoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell MonaCoin (MONA) for Pi Network [IOU] (PI)
To sell MonaCoin for Pi Network [IOU], first, find a cryptocurrency exchange that supports the MONA/PI trading pair. Create an account, verify your identity, and deposit your MONA into your exchange wallet. Locate the MONA/PI pair on the trading platform and place a sell order to exchange your MonaCoin for Pi Network [IOU]. If the MONA/PI pair is unavailable, you can first sell MonaCoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pi Network [IOU]. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.