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Local trading with Pi
Shop is an activity consisting of buying and selling goods and services.
Barter exchange is, on the contrary, the exchange (of goods or services) for other goods or services without the use of money.
What is local trading with Pi?
When we talk about local trading, it means that you trade with people who live near you.
Instead of selling your Pi on some big exchange, you can trade it for goods or services at your neighbor, friend, or local store.
What do you need for that?
Ask your friends if they know anyone who would be interested in trading Pi.
You can also look on social media or local forums.
Make your first deal!
Before trading, verify that the user is on Mainnet and KYC verified -> Blockchain Explorer
Exchange the goods together with sending the transaction.
The buyer can initiate the payment with a QR code or by stating how much Pi and to which wallet
Wait for the transaction to be confirmed and check the outgoing, incoming receipt or transferred goods.
Transactions are permanent – i.e. the refund of the amount must again be the result of an agreement between the parties involved
Why should you trade Pi locally?
It's a growth!
You support local entrepreneurs and also promote the use of Pi in your community.
When bartering or trading, you can meet new people and make new friendships.
Does it have rules?
Be ready to act. Have ready the goods or services you would like to exchange for Pi.
Be fair. Trading should be fun for everyone involved, so be fair and respectful of others.
Be careful. Be careful when dealing with people you don't know and meet in a public place.
It is important to note:
Pi is not yet an official currency ==> This means that its value can be very variable and depends primarily on you.
Only trade with an amount you can afford to lose.
Never invest more than you can afford to lose.
You can report unfair behavior to the community and use the quorum to punish the perpetrator.
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