Pi Network Strikes Major Deals with Banxa and Onramper – So Why Is Pi Coin Crashing?

Jakarta, Pintu News – Pi Network recently announced a strategic partnership with Banxa and Onramper, which aims to ease fiat-to-crypto transactions.

Although this is a big step for the network, the Pi Coin price remains sluggish. This article will explain the details of the partnership and its impact on Pi Coin.

New Conveniences for Pi Users

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Through the latest partnership, Pi Network users can now buy and sell Pi Network using local currency via popular payment methods such as credit cards, Apple Pay, Google Pay, and bank transfers. This step is a major breakthrough, considering that previously the transaction process had to go through complicated stages on crypto exchanges.

Pi Coin transactions are now as easy as online shopping-fast, convenient, and hassle-free. Not only that, users can also sell their Pi Coin and receive cash directly into their bank accounts.

For Pi Coin holders who have been waiting for years without a clear exchange path, this news is certainly a breath of fresh air. The strategic partnership is also believed to increase liquidity and expand the accessibility of Pi Coin in the global crypto market.

Important Role of Banxa

Banxa not only provides buying and selling services, but has also accumulated more than 30.5 million Pi tokens worth nearly $19 million.

This major step aims to ensure an adequate supply of Pi Coin to support smooth and speedy transactions. A strategy that confirms Banxa’s seriousness in establishing a partnership with Pi Network.

In addition, Banxa makes it easier for new users to open a Pi wallet by handling the KYC(Know Your Customer) process-even for those who have not passed Pi Network’s internal verification.

Such an approach significantly lowers barriers to entry, opens up wider opportunities for people to start using Pi Coin, and ultimately encourages the growth of wider adoption and utilization of the coin.

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Onramper: More Options for Pi Buyers

Onramper, on the other hand, offers a slightly different approach. The platform combines several fiat-to-crypto providers-including Banxa and others-so Pi Network users can choose from a variety of payment methods and currencies, all in one place.

While not as tightly integrated as Banxa, Onramper still makes Pi Coin more accessible, especially in regions where Banxa may not be available. This ease of access will hopefully help increase Pi Coin’s trading volume and will probably end up having a positive impact on its price.

However, it remains to be seen if this will be enough to overcome the challenges faced by Pi Coin in the market.

Overall, although this partnership is a positive step, the Pi Coin price has not shown a significant increase. In the last few days, the Pi Coin price has dropped by 3.6%, from $0.57 to around $0.5356.

With the large addition of Pi Coin supply in July, there are concerns that this could push the price down further.

However, with better infrastructure and easier access, there is hope that demand for Pi Coin will increase.

Only time will tell if this partnership will be strong enough to change Pi Coin’s fortunes in the crypto market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Pi Network Partners with Banxa and Onramper, Yet Pi Coin Didn’t Surge. Accessed on June 30, 2025