If you’re looking to sell Pi Coin, here’s a step-by-step guide based on the information available as of August 2025:
- KYC Verification: You need to complete Know Your Customer (KYC) verification within the Pi Network app to verify your identity.
- Mainnet Migration: Once your KYC is approved, you must migrate your mined Pi coins to the Pi Network’s open mainnet wallet.
- Pi Wallet: You need a Pi mainnet-compatible wallet. This could be the official Pi Network Wallet or a third-party wallet like Bitget Wallet, provided it supports sending and receiving mainnet Pi.
Currently, you have a few options for selling Pi Coin:
- Centralized Exchanges (CEXs): Several centralized cryptocurrency exchanges now list Pi Coin for trading. These include:
– OKX
– MEXC
– Gate.io
– Bitget
– HTX
– Pionex
– BitMart
– Huobi Global
- Peer-to-Peer (P2P) Trading Platforms: These platforms allow users to trade Pi directly with other individuals. While offering flexibility, they require trust and caution. CoinSkro is a P2P platform accessible through the Pi Browser. You can also find communities on platforms like Telegram, Discord, and Reddit where users facilitate P2P trades, but these come with significant risk and lack escrow protection in many cases.
- Choose a Supported Exchange/Platform: Select a centralized exchange that lists Pi Coin, such as OKX, MEXC, Gate.io, Bitget, [HTX] , or a reputable P2P platform.
- Create and Verify Account: If using an exchange, register and complete the required KYC verification, usually involving submitting ID documents.
- Deposit Pi Coins: Transfer your Pi Coins from your Pi Wallet to your chosen exchange’s deposit address. Ensure the exchange supports the Pi Network mainnet.
- Place a Sell Order: Navigate to the trading section of the exchange. Find the appropriate trading pair (e.g., PI/USDT) and choose “Sell”. You can either place a market order (sells immediately at the current market price) or a limit order (sells at a specific price you define).
- Receive Payment: Once your sell order is matched, the exchange will process the trade. You’ll receive the payment in your chosen currency (e.g., USDT, or potentially fiat currency depending on the exchange).
- Withdraw Funds: You can then withdraw your funds to your bank account, other crypto wallets, or leave them on the exchange for further trading, depending on the exchange’s options and your preferences.
- Mainnet Availability: Only Pi Coins migrated to the open mainnet are tradable. Tokens still within the mobile app are not.
- Exchange Selection: Verify that your chosen exchange supports legitimate Pi mainnet tokens, not placeholders or IOUs.
- Liquidity: Trading volumes for Pi Coin may be lower on smaller exchanges, potentially affecting the selling price.
- Fees: Be aware of trading fees, withdrawal charges, and potential network fees on exchanges.
- Risks: Selling Pi Coin, especially through P2P methods, carries risks of scams or fraud. Be cautious and prioritize security measures like escrow services where available.
- Tax Implications: Understand any potential tax implications of selling Pi Coin in your location.
- For more detailed instructions on KYC verification, refer to Pi Network’s official support portal or guides like the [MEXC Blog’s Pi Network KYC Deadline Guide].
- For updated information on exchanges listing Pi and detailed guides on the selling process, consult resources like the [Coin Bureau guide] and [99Bitcoins guide].
Can I convert pi coin to cash?
Once listed on an exchange, you can sell Pi using market or limit orders, then choose to withdraw as fiat, stablecoin, or swap into other crypto assets. Always consider liquidity, slippage, KYC requirements, and platform fees before executing a trade.
Can you turn pi coin into USD?
Bitget converter provides PI to USD real-time exchange rates, making it easy to convert Pi [IOU] (PI) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 PI is currently valued at 0.3919 USD.