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