Pi Network Enhances Accessibility with Banxa and Onramper Fiat Gateways
Pi Network has established strategic partnerships with Banxa and Onramper, two premier fiat-to-crypto gateways, to simplify conversions between Pi Coin and traditional currencies. This collaboration removes complex exchange procedures, allowing direct purchases through credit cards, mobile wallets, and bank transfers.
Banxa's advance purchase of 30.5 million PI tokens (valued at $19 million) guarantees liquidity for instant transactions. Despite this infrastructure upgrade, PI's market price showed no immediate movement post-announcement—an intriguing divergence between fundamental progress and market response.