First, ensure your Bitget account is fully verified through their KYC process. Once logged in, navigate to the “Assets” tab at the screen’s bottom-right corner. Two-factor authentication adds an extra step to the login process, helping keep online accounts safer than relying on just a username and password. There were chances of it getting listed since the coin received a lot of community votes. After transferring the coins to the wallet, you may notice that the coins are appearing as “pending”.
- After completing the certification, you can migrate Pi Coin to the Mainnet and proceed with subsequent transactions.
- Before selling Pi Coin, it’s essential to complete the KYC verification process to ensure compliance with regulatory standards and secure your holdings.
- A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods.
- Head over to our article for a step-by-step guide, platform options, and security tips.
- The token price fluctuates greatly, so please trade cautiously and be aware of the risks.
Step 3. Sell Your Pi Coins
As a result, prices can still behave unpredictably and don’t yet reflect a true market consensus. Back before the Open Mainnet launched in February 2025, no exchanges out there – neither CEXs, nor DEXs – listed and/or supported Pi coin. The listing info that you saw at the time referred to something the community called “Pi coin IOUs”. With its overwhelming popularity, you’d expect to find Pi listed across top-tier exchanges like Binance, Kraken, or Bybit. But as of now, Pi is only available for trading on a few select platforms.
Step 2: Create an Account on a Crypto Exchange
Places like HTX (which used to be Huobi), BitMart, Biconomy Exchange, and XT.com have listed these Pi IOUs. But the Pi Network team has always said they’re not involved with these unofficial listings and warned users about the dangers, like these IOUs possibly never turning into real Pi. As Pi Network continues to grow and gain attention in the crypto world, many users are eager to know how they can trade their mined PI. While the Pi Network token generation event has sparked interest, the token is not yet officially listed on OKX. Once listed, selling your PI on OKX will be simple and seamless if you’re familiar with how trading on OKX works.
Complete The KYC Verification
If you’re looking to buy Pi coins, you’ll need some cryptocurrencies in your dedicated wallet. I’d suggest using MetaMask, together with a hardware wallet like the Ledger Stax (for maximum security). Finally, once your Pi is sold, you’ll have USDt (USDT) (or whichever currency you chose) sitting in your account. From there, you can withdraw your funds — either converting it into fiat like the US dollar or euro and sending it to your bank or transferring your crypto to another wallet. Open your Pi Network app, go to the KYC section, and follow the prompts to verify your identity.
They say to buying vapes with bitcoin stick to official news and don’t trust platforms or people promising the moon. Keeping your Pi Wallet safe by protecting your passphrase and using things like 2-Factor Authentication (2FA) is extremely important. As of now, Pi is not available on any decentralized exchange (DEX). All decentralized trading pairs you see (e.g., PancakeSwap) are unauthorized and likely scams. The official Pi Network team strongly warns against using these, as they risk losing funds.
The RSI near 32.5 signals oversold conditions, which could lead to a rebound. However, the price still sits below the 50-day SMA, pointing to lingering bearish pressure. Perhaps the biggest hope for Pi supporters lies in potential new listings. Big names like Binance, Coinbase, and Upbit are rumored to be considering Pi. If even one of them confirms a listing, Pi Coin could gain wider exposure and a fresh wave of buyers.
KYC Differences by Country
According to the announcement of Pi Network, all users must complete KYC certification and Mainnet migration before January 31, 2025. If users fail to complete these steps on time, most Pi Coins will be invalidated except for the Pi Coins mined in the last solution architect six months. To ensure the smooth migration of your Pi Coins, it is crucial to complete KYC certification as soon as possible. Cryptocurrency trading, including Pi Coin, involves significant risk and volatility.
- Sometimes the liveness check doesn’t pass due to poor lighting or camera issues.
- This jump from version 19 to 23 will improve smart contract use, node coordination, and overall network flexibility.
- However, many users are still stuck in the enclosed phase, waiting to complete KYC or migrate their balances to access the open network.
While the Pi ecosystem is still maturing, and trading options remain limited, selling Pi Coin through supported centralised exchanges can be done with relative ease. Pi Network uses a lock-up incentive mechanism, allowing users to voluntarily lock a portion of their mined Pi to earn higher future rewards. If you’ve mined Pi but haven’t completed KYC or migrated your balance to the mainnet, you won’t be able to sell until that process is complete. For many Pi coin holders, the simplest and safest option how to sell Pi coin in 2024 is to wait until Pi coins are listed on a cryptocurrency exchange.
Completing these steps ensures your Pi Coins are ready for trading once the open mainnet is live. After your Pi Coins have been deposited into your Bitget account, you can begin the selling process. Start by opening the “Assets” tab, then locate your Pi balance under the Spot section.
Tokens still in the mobile app remain non-transferable and cannot be sold or withdrawn. As a bit of a sidenote here, I do also want to point out one thing – there are A LOT of copycat projects and coins with similar names out there. Sometimes, exchange platforms get it wrong, themselves, and link users to unrelated assets. Once your Pi Coin is KYC certified and transferred to Mainnet, you can choose an exchange to sell Pi Coin. Currently, multiple cryptocurrency exchanges support Pi Coin trading, but not all exchanges offer the same trading pairs and fees.
As the Pi mainnet will be launched and the Pi token will be getting listings on the exchanges, more opportunities to utilize and trade your Pi coins will appear. Pi Network has gained attention for its unique mobile mining approach, allowing users to mine Pi coins directly from their mobile devices with minimal energy consumption. However, since the mainnet is still in its “enclosed” phase, Pi coins are not yet tradable on cryptocurrency exchanges. This means price discovery is highly limited, and the actual value of a single Pi coin remains speculative. It could be worth just a few cents, a dollar, or potentially much more—but as of now, no one knows for sure. Through a simple four-step process, you can easily trade PI and other trending tokens if they’re listed on OKX.
Avoid using exchanges or websites that have not been officially recognised by the Pi Network community, as fraudulent Pi trading platforms do exist. After selling to USDT (or base asset), withdraw to a bank (fiat), a stablecoin wallet, or swap to another crypto. When setting up your wallet, you’ll be given a recovery or seed phrase. Never share it with anyone linux network jobs in germany or save it in unencrypted digital files. Once KYC is approved, the next stage is moving your Pi to the open mainnet. This process ensures your coins leave the enclosed network and become usable for external transfers or trading.
If you want to sell Pi Coin, stick to official methods, watch out for scams, and remember that the crypto market is always a bit of a rollercoaster. While there’s community speculation and some exchanges list “Pi IOU” (I Owe You) tokens, the Pi Network team has warned against unauthorized trading. That said, keep your eyes peeled since Binance might list the token at some point in the future. Pi Coin, as an emerging digital currency, is gradually entering mainstream exchanges and providing trading opportunities for global users. By completing KYC authentication, selecting the right exchange, and following the correct operational steps, you can smoothly sell Pi Coin and convert it into other assets.