How to buy and sell Pyth Network (PYTH) without Commissions: Step by Step

If you want to buy Pyth Network in an easy, fast and secure way, you’ve come to the right place. We will go directly to the information you need to know so that in a few minutes you can own this cryptocurrency. Omitting all the information that many times is given but is not necessary and important, and makes it a pain to follow a tutorial. Here, you can see the step by step, even with a summary for those who are even more in a hurry and want to buy it before it continues to rise in price.

It is possible that you arrive here after having received the airdrop and you don’t know where to sell this cryptocurrency. You can also see the step-by-step on how to sell it and where you can sell it at a good price here. If you want to check if you are eligible for the Pyth Network airdrop, you can see it here. The requirement is to have used any of the platforms that use the Pyth Network oracle in the networks that show the airdrop, such as Solana, Osmosis, EVM, Aptos, Sui, Injective, Neutron or Sei. You just have to connect your wallets that you have used, and see if you are lucky and you have managed to get this airdrop. And once you have it, you can sell it on gate.io if that’s what you want.

Where to Buy Pyth Network

There are not many platforms to buy Pyth Network, and it is not currently listed on any major Exchange. Even so, you don’t need to know how to use a wallet which can be complex for a new user, since gate.io does have this cryptocurrency so you can buy it, sell it or withdraw it from their platform once you’ve bought it.

Therefore, we are going to show you how you can buy Pyth Network with gate.io, as we consider it to be the easiest and most convenient way . Especially for new users. If you are an advanced user, you can also buy it in decentralized exchanges with your own wallet, with the advantages and risks that this also has.

In case you can’t watch the video or you’re more of a reader, you can always watch the fully detailed step-by-step right below.

Detailed Step by Step

Pyth Network is not found in many other exchanges yet. Therefore, we must use these two platforms. Since it is the best option to buy this cryptocurrency, while saving on commissions.

The first step is to make a deposit in our gate.io account. To obtain funds in gate.io, the best and cheapest option is to send them from another exchange such as Binance, since the platform has higher commissions for depositing funds by card or transfer. It is possible that in the future this will change, and that it will be even the same or very similar to deposit directly in gate.io with your card. So don’t rule out this option either. What you can find in Buy Crypto.

In this case, we will use binance, and we will send USDT (Tether), since it is the cryptocurrency used to buy Pyth Network. If you deposit directly in gate.io, we recommend you to buy USDT, as it is the cryptocurrency that allows you to buy any other cryptocurrency within gate.io.

In our case, we already have USDT in our binance balance, but you can find a guide in our blog. With usdt, we will go to wallet, fiat and spot and click withdraw on USDT.

Now. the next step is to go to gate.io, and go to deposit. Here, we will have to click on tron/TRC-20 network, as it has the lowest commissions and only costs a dollar or less commission. We copy the address and go back to binance to paste it.

Once in binance, we must indicate the address, the same network, tron (trc-20) and the amount to withdraw the USDT. We confirm with our email and mobile, and that’s it. Remember that you must indicate the trc-20 network to avoid problems when sending your funds.

Now, you just have to wait for the USDT to arrive in your Gate.io balance. It usually takes a few minutes until they are available and ready to use. Once they arrive, go to wallet and spot account, search for USDT and click on trade.

You will see the panel to buy and sell cryptocurrencies. Here, search for PYTH, and you will see the PYTH/usdt pair appear.

We will go down and indicate the amount we want to buy from Pyth Network. Here, if you want to use all your usdt, just click on the number above and the total will be placed. At the top in Price you will see the current price of the cryptocurrency. You can also indicate the last price 1%, 3% or plus 5%. I recommend you to indicate the last price 1% so that the purchase is made instantly as you can see below. Otherwise, at the current price it may take some time to complete the purchase.

Once you have indicated the amount you want to buy, just click on the buy button and enter the trade password to execute the purchase.

In this simple way, you will already have Pyth in your balance if you follow the steps we have seen.

To check it, it is as easy as going back to your wallet and spot account to see the amount you have. So simple, in a few minutes you will have Pyth in your balance.

Once you want to sell it, just go back to the same panel above, but this time we will go to the red sell part. Indicate the amount you want to sell, and click on Sell. This way, you will have USDT again and you can send it to Binance to withdraw it to your bank account.

Pyth Network Price (PYTH)

what is Pyth Network?

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