pi42

Q: What is Pi42?

Pi42 is India's first Crypto-INR perpetual futures trading exchange, co-founded by seasoned crypto experts.

Q: What is a Crypto-INR pair?

A: A Crypto-INR pair enables futures trading with the Indian rupee, removing the need for stablecoin on-ramps like USDT.

Q: How does the Pi42 referral program work?

A: Share your referral link or code with friends. When they sign up and start trading, you earn a 20% commission on their trading fees indefinitely.

Q: What are the benefits of referring friends to Pi42?

A: You earn 20% of the trading fees from your referrals for an unlimited period, and your friends get a 10% discount on their trading fees.

Q: How do I share my Pi42 referral code?

A: Share your unique referral code or link with friends through social media, email, or any other communication method.

Q: Where can I find my referral code on Pi42?

A: Your referral code can be found in the Refer & Earn section of your Pi42 dashboard.

Q: How do I track my referrals and rewards?

A: Log in to Pi42 and check the Referral section in your dashboard to monitor your earnings and referral activities.

Q: When do I receive my referral rewards?

A: You receive your referral bonus as soon as your referred friend starts trading on Pi42.

Q: Is there a limit to how many people I can refer?

A: No, there is no limit to the number of people you can refer to Pi42.

Q: Can I refer someone who is already a Pi42 customer?

A: No, the referral program only applies to new users who sign up using your referral link or code.

Q: Do my referral earnings have a cap?

A: No, there is no cap on your referral earnings. You can earn 20% of your referrals' trading fees indefinitely.

Q: Will my referred friends get any benefits?

A: Yes, your referred friends will enjoy a 10% discount on their trading fees.

Q: How will I be notified of my referral earnings?

A: You will be notified through your Pi42 dashboard each time you earn referral rewards.

Q: Can I track the trading activity of my referrals?

A: Yes, you can track the trading activity and earnings from your referrals in the Referral section of your Pi42 dashboard.

Q: What happens if my referral stops trading?

A: You will stop earning referral rewards if your referral stops trading, but you will continue to earn if they resume trading.

Q: How can I maximize my referral earnings?

A: Maximize your earnings by referring more friends and encouraging them to trade actively on Pi42.

Q: Is there any cost to join the Pi42 referral program?

A: No, joining the Pi42 referral program is free, and you can start earning immediately after your referred friends begin trading.

Q: What is leverage trading?

A: Leverage trading allows you to increase your trading power. For example, investing Rs 1,000 with 10x leverage provides a trade size of Rs 10,000.

Q: How is Pi42 tax-efficient?

A: Trading Crypto-INR perpetual futures on Pi42 is tax-efficient as it doesn't involve actual cryptocurrency transactions, reducing TDS and VDA taxes and enabling loss offsetting for tax savings.

Q: How do I start trading on Pi42?

A: Sign up with your email or Google account, complete KYC verification, add your bank account, transfer INR, and start trading.

Q: What are the benefits of using Pi42?

A: Benefits include lightning-fast trades, razor-thin spreads, advanced risk management tools, and professional trading insights.

Q: What leverage options are available on Pi42?

A: Pi42 offers leverage options ranging from 10x to 20x, allowing users to maximize their trading potential.

Q: Is there a referral program?

A: Yes, you can refer friends to earn 20% of their trading fees indefinitely, while they enjoy a 10% discount on their trading fees.

Q: Who are the founders of Pi42?

A: Pi42 was co-founded by Avinash Shekhar, former CEO of Zebpay, and Nischal Shetty, founder of Shardeum and WazirX.

Q: What is the Pi42 app?

A: The Pi42 app allows users to trade crypto perpetual futures on their mobile devices, offering convenience and access on the go.

Q: Is Pi42 registered with any regulatory body?

A: Yes, Pi42 is operated by Lightningnodes Technologies Private Limited, a FIU (Govt. of India) registered entity.

Q: What are the fees for trading on Pi42?

A: Trading fees are competitive, and there are opportunities to earn discounts through the referral program.

Q: What types of orders can I place on Pi42?

A: Pi42 supports various order types, including market, limit, and stop-loss orders, to cater to different trading strategies.

Q: How secure is Pi42?

A: Pi42 employs advanced security measures to protect user funds and data, ensuring a secure trading environment.

Q: Can I trade on Pi42 without prior crypto trading experience?

A: Yes, Pi42 offers insights and tools to help both novice and experienced traders navigate the crypto futures market effectively.