Pi Network is a unique cryptocurrency project that lets you mine coins using your smartphone. Unlike Bitcoin, which needs powerful computers, Pi makes mining easy for everyone. Since the Open Mainnet launch on February 20, 2025, you can now sell your Pi coins on various platforms. This overview explains where and how to sell Pi coins safely and easily. It’s designed for beginners and experienced traders alike, providing clear steps and tips to help you succeed.
What is Pi Network and Pi Coin?
Pi Network is a cryptocurrency project started by Stanford graduates in 2019. It aims to make crypto mining accessible to everyone. You can mine Pi coins by opening the Pi Network app daily and tapping a button. This uses minimal phone resources, unlike traditional crypto mining. Pi Coin is the digital currency of the Pi Network, meant for everyday transactions and global adoption.
When Can You Sell Pi Coins?
Before February 2025, Pi coins were not tradable because the network was in a closed phase called the “enclosed mainnet.” On February 20, 2025, Pi Network launched its Open Mainnet, allowing users to transfer and trade Pi coins on supported exchanges. This was a major milestone, enabling millions of users to sell their mined coins.
Where Can You Sell Pi Coins?
As of August 2025, you can sell Pi coins on several centralized cryptocurrency exchanges. These platforms are reputable and offer good liquidity for trading Pi. Here’s a list of the top exchanges:
- MEXC: One of the first to list Pi, with a user-friendly interface and high liquidity. MEXC
- Bitget: Known for security and ease of use, supports Pi trading with multiple payment options. Bitget
- OKX: A top-tier exchange with strong liquidity and support for Pi trading. OKX
- Gate.io: A long-standing platform with robust security and Pi trading pairs. Gate.io
- CoinW: Offers competitive fees and a simple platform for Pi trading. CoinW
- BitMart: Supports Pi with a wide range of digital assets and fiat options. BitMart
- LBank: Lists Pi and focuses on community-driven projects. LBank
- GCB Exchange: A newer exchange supporting Pi trading. GCB Exchange
- DigiFinex: Provides Pi trading with a focus on security and user experience. DigiFinex
Note: Some exchanges, like HTX, may list Pi but have lower trust scores or regional restrictions. Always check an exchange’s reputation and availability in your country before trading. You can find the latest exchange listings on sites like CoinGecko or CoinMarketCap.
How to Sell Pi Coins: Step-by-Step Guide
Selling Pi coins is simple if you follow these steps. Here’s a clear guide to help you:
- Complete KYC on Pi Network
- Verify your identity in the Pi Network app. This Know Your Customer (KYC) process ensures security and compliance. You’ll need to submit identification documents, which may take a few days to process.
- Set Up a Mainnet Wallet
- Ensure your Pi wallet is set up for the mainnet. Only mainnet wallets can transfer Pi coins to external platforms. Check the Pi Network app for wallet setup instructions.
- Choose a Reliable Exchange
- Pick a trusted exchange that supports Pi, such as MEXC, Bitget, OKX, or Gate.io. Look for platforms with good security, low fees, and available trading pairs like PI/USDT.
- Create an Account on the Exchange
- Sign up on your chosen exchange. Provide an email, set a password, and complete the exchange’s KYC process, which usually requires a government-issued ID.
- Deposit Pi Coins to the Exchange
- Go to the exchange’s deposit section and select Pi as the cryptocurrency. Copy the provided wallet address. Open the Pi Network app, go to the transfer section, and send your Pi coins to this address.
- Transfer Pi from Pi Wallet to Exchange
- In the Pi Network app, paste the exchange’s wallet address and specify the amount of Pi to transfer. Confirm the transaction and wait for it to process, which may take a few minutes.
- Place a Sell Order
- On the exchange, go to the trading section. Select a Pi trading pair (e.g., PI/USDT) and place a sell order for the amount you want to sell. You can choose a market order (sell at current price) or a limit order (set your price).
- Withdraw Your Funds
- Once your sell order is filled, the proceeds will appear in your exchange account. You can withdraw them to a bank account or another crypto wallet, depending on the exchange’s options.
| Step | Action | Notes |
|---|---|---|
| 1 | Complete KYC | Required for Pi Network and most exchanges |
| 2 | Set Up Mainnet Wallet | Only mainnet wallets can transfer Pi |
| 3 | Choose Exchange | Check for security, fees, and trading pairs |
| 4 | Create Account | Complete exchange’s KYC process |
| 5 | Deposit Pi | Copy exchange wallet address |
| 6 | Transfer Pi | Send coins from Pi app to exchange |
| 7 | Place Sell Order | Use market or limit order |
| 8 | Withdraw Funds | To bank or crypto wallet |
Is It Safe to Sell Pi Coins?
Selling Pi coins on reputable exchanges is generally safe, but you should take precautions:
- Use Trusted Exchanges: Stick to platforms like MEXC, Bitget, OKX, or Gate.io with high trust scores and strong security measures.
- Avoid Scams: Never share your private keys or sensitive information. Be wary of unofficial platforms or peer-to-peer (P2P) deals promising high returns.
- Check Reviews: Look at user reviews and trust scores on sites like CoinGecko or CryptoRank.
- Secure Your Account: Enable two-factor authentication (2FA) on both the Pi Network app and the exchange.
Some sources, like CCN, note skepticism about Pi Network’s structure, with concerns about its long-term value or potential pyramid scheme risks. Research thoroughly and only trade what you’re comfortable with.
Current Price of Pi Coin
Pi Coin’s price changes based on market demand. As of August 2025, sources report prices around $0.35 to $0.41 USD, with a 24-hour trading volume of $11.75M to $87.5M. For example:
- Crypto.com reports $0.4086.
- OKX reports $0.4071.
- CoinMarketCap reports $0.4053.
Prices can be volatile, especially with events like the August 2025 token unlock of 162.8 million Pi coins, which may affect value. Check live prices on exchanges or aggregators like CoinGecko before selling.
Frequently Asked Questions (FAQs)
- Can I sell Pi coins on decentralized exchanges?
- No, Pi is not supported on decentralized exchanges as of August 2025. You can only trade on centralized exchanges like those listed above.
- Do I need to pay taxes when selling Pi coins?
- Tax rules vary by country. In many places, selling cryptocurrency is a taxable event. Consult a tax professional to understand your obligations.
- How long does it take to sell Pi coins?
- The process can take minutes to hours, depending on KYC verification, transfer times, and market liquidity.
- Can I sell Pi coins for fiat currency directly?
- Some exchanges, like BitMart or OKX, allow selling Pi for fiat currencies (e.g., USD, EUR), but you may need to trade Pi for a stablecoin like USDT first, then convert to fiat.
- Why isn’t Pi listed on major exchanges like Binance or Coinbase?
- Major exchanges like Binance and Coinbase often wait for more network maturity, clearer tokenomics, and proven liquidity before listing coins like Pi. CoinBureau notes this as a common practice.
Conclusion
Selling Pi coins is now possible thanks to the Pi Network’s Open Mainnet launch in February 2025. By following the steps in this guide—completing KYC, setting up a mainnet wallet, choosing a reputable exchange, and placing a sell order—you can convert your Pi coins into other cryptocurrencies or fiat money. Always use trusted platforms, stay cautious of scams, and check live prices before trading. The Pi Network’s growing ecosystem, with events like PiFest 2024 showing adoption by over 27,000 merchants, suggests potential for future value, but market volatility and skepticism remain. Stay informed and trade wisely.
