The long-awaited moment has finally arrived. After years of anticipation, Pi Network has officially launched its open mainnet, marking a pivotal transition from a closed mining ecosystem to a fully functional blockchain integrated with global cryptocurrency markets. As of February 20, 2025, Pi Coin (PI) became available for trading on multiple major exchanges, enabling users worldwide to buy, sell, and trade their mined PI tokens.
This comprehensive guide explores where Pi Coin is listed, what it means for pioneers, how to trade PI effectively, and what factors to consider before entering the market โ all while optimizing your understanding of this evolving digital asset.
What Does the Pi Mainnet Launch Mean for Users?
The activation of the Open Network at 8:00 AM UTC on February 20, 2025, represents a transformative milestone for Pi Network. No longer confined to internal mining and peer-to-peer transfers within the app, Pi now operates as a standalone blockchain, allowing integration with external wallets, decentralized applications (dApps), and centralized exchanges (CEXs).
Key achievements leading up to the mainnet launch include:
- Over 19 million Pioneers verified via KYC, ensuring identity authenticity.
- More than 10.14 million users successfully migrated to the mainnet โ surpassing the initial 10 million target.
- Over 100 mainnet-ready applications developed, laying the foundation for real-world utility.
With these milestones achieved, Pi Network transitions into a phase of broader adoption, liquidity, and interoperability. For holders, this means:
๐ Discover how early movers are capitalizing on the Pi mainnet launch.
- The ability to transfer PI to external wallets.
- Trading availability on both centralized and potentially decentralized platforms.
- Opportunities to earn through staking, DeFi integrations, or app usage in the future.
Note: If you're a Pi miner, ensure you've completed your KYC verification and migrated your account before the cutoff date. Failure to do so may result in loss of access to your mined balance.
Where Can You Buy and Sell Pi Coin? Top Exchanges Listing PI
As Pi enters the public market, several leading cryptocurrency exchanges have announced support for PI trading pairs. Below is a detailed breakdown of where Pi Coin is available.
โ Major Spot Trading Exchanges
1. OKX
As the first major exchange to announce PI listing, OKX played a critical role in establishing early market liquidity.
- Deposit enabled: February 12, 2025, 10:45 AM (UTC+8)
- Auction period: February 20, 3:00โ4:00 PM (UTC+8)
- PI/USDT spot trading live: February 20, 4:00 PM (UTC+8)
- Withdrawals open: February 21, 4:00 PM (UTC+8)
OKX reported an initial listing price of $2.00 per PI, sparking significant interest among traders.
2. Pionex
Pionex also launched PI/USDT spot trading on February 20 at 4:00 PM (UTC+8). Known for its built-in trading bots, Pionex offers an accessible entry point for automated strategies.
While full details are still emerging, Pionex continues to expand its portfolio of innovative assets, making it a strong contender for retail investors.
3. MEXC
MEXC listed PI in its Innovation Zone, aiming to attract high-risk-tolerant traders seeking early exposure.
- Trading start: February 20, 8:00 AM (UTC)
- Withdrawal enabled: February 21, 8:00 AM (UTC)
The Innovation Zone listing suggests cautious optimism, with tighter monitoring during early price discovery.
4. Bitget
Bitget supports PI across multiple zones: Innovation, Web3, and Public Chain sections.
- Trading live: February 20, 4:00 PM (UTC+8)
- Deposit status: To be announced
This multi-zone approach reflects confidence in PIโs cross-sector potential.
Other exchanges like DigFinex, ONUS Pro, and Hotcoin have also added PI trading pairs, further expanding global access.
๐ Pi Coin Futures & Contract Trading Platforms
For traders looking to leverage positions or hedge risk, several platforms now offer PI perpetual contracts.
1. BTCC
BTCC launched PI/USDT perpetual contracts with leverage ranging from 1x to 50x, allowing both long and short positions regardless of market direction.
This feature enables advanced trading strategies such as margin trading and arbitrage.
2. CoinW
CoinW debuted PI in specialized categories including DePIN and Meme zones, highlighting its thematic appeal.
- Supports PI/USDT spot and U-margined perpetual contracts
- Targeted toward niche investor communities
3. Gate.io
Gate.io began live trading of PI perpetual contracts settled in USDT, supporting up to 50x leverage starting February 20 at 4:00 PM (UTC+8).
They also launched promotional campaigns to incentivize early participation.
โ Notable Absences: Binance and Bybit
Despite widespread demand, some top-tier exchanges have held back:
Bybit CEO Ben Zhou publicly declined listing PI, citing past experiences with controversial projects:
"Today a bunch of people asked me about listing Pi. Forget it. Iโve been through enough with forex scams โ I donโt want that drama in crypto." โ @benbybit
- Binance has opened a community voting process for potential PI listing. The outcome will determine whether Binance adds PI to its platform in the future.
This cautious stance underscores the importance of due diligence โ even among experienced industry leaders.
How to Trade Pi Coin: Step-by-Step Guide
Now that Pi is tradable, hereโs how you can participate in the market.
Option 1: Centralized Exchange (CEX) Trading
CEXs like OKX, MEXC, or BTCC offer user-friendly interfaces and high liquidity.
Steps to sell or buy PI:
- Create an account on a supported exchange.
- Complete KYC verification.
- Deposit PI (or USDT if buying).
- Place a market or limit order.
- Withdraw funds to your bank or wallet after selling.
๐ก Pro tip: Convert PI to USDT first on international exchanges, then transfer to local platforms like MAX or ACE for TWD withdrawals in Taiwan.
๐ Start trading Pi Coin with low fees and deep liquidity today.
Option 2: Decentralized Exchange (DEX) Trading (Future Potential)
While no major DEX has officially listed PI yet, platforms like PancakeSwap are likely candidates due to their support for new BEP-20 tokens.
Once listed:
- Connect your wallet (e.g., MetaMask).
- Add PI token contract address manually.
- Swap PI for BNB, USDT, or other tokens directly.
Always verify contract addresses through official Pi Network channels to avoid scams.
Key Considerations Before Selling or Buying Pi Coin
Before diving into PI trading, keep these crucial factors in mind:
๐ Market Volatility
Cryptocurrency prices can swing dramatically in minutes. Early post-launch phases often see exaggerated pumps and dumps.
๐ธ Trading Fees
Exchanges charge taker/maker fees (typically 0.1%โ0.2%). High-frequency traders should compare fee structures across platforms.
๐ Security Risks
Fake PI tokens and phishing sites may emerge. Only use official exchange URLs and verified wallet addresses.
๐ Timing Your Trade
Monitor price action closely during the first week. Consider setting take-profit and stop-loss levels based on technical analysis.
๐ฐ Tax Implications
In most jurisdictions, selling crypto triggers capital gains taxes. Maintain accurate records of all transactions.
Frequently Asked Questions (FAQ)
Q: Is Pi Coin now tradable on major exchanges?
A: Yes. As of February 20, 2025, Pi Coin is listed on OKX, MEXC, Bitget, Pionex, Gate.io, and others for both spot and futures trading.
Q: Why hasnโt Binance listed Pi Coin yet?
A: Binance has not officially listed PI but has initiated a community vote. Final decision depends on user sentiment and compliance review.
Q: Can I withdraw my mined Pi after mainnet launch?
A: Yes โ but only if youโve completed KYC and migrated your account to the mainnet wallet before the deadline.
Q: What was the initial listing price of Pi Coin?
A: OKX reported an opening price of $2.00 during the auction phase. Prices may vary slightly across exchanges.
Q: Should I sell my Pi immediately after listing?
A: It depends on your goals. Early volatility may present profit-taking opportunities, but long-term holders may wait for ecosystem growth.
Q: Are there scam versions of Pi Coin circulating?
A: Yes. Always double-check the token contract on trusted block explorers and avoid unsolicited investment offers.
Final Thoughts: The Road Ahead for Pi Network
The mainnet launch marks just the beginning for Pi Network. With millions of verified users and growing real-world utility through apps and merchant adoption, PI has the potential to evolve beyond speculation into functional digital currency use cases.
However, long-term success hinges on transparent governance, sustained development, strategic partnerships, and community trust.
Whether you're cashing out early profits or holding for future utility, staying informed is key.
๐ Stay ahead of price movements and trade Pi with confidence using advanced tools.
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