Pi Network has captured global attention as a mobile-based cryptocurrency project that allows everyday users to mine digital assets directly from their smartphones. Unlike traditional cryptocurrencies such as Bitcoin, which require powerful hardware and high energy consumption, Pi Coin offers a more accessible and user-friendly approach to crypto mining. With the official launch of its Open Mainnet in early 2025, Pi Coin is now tradable on multiple cryptocurrency exchanges — marking a pivotal moment for early adopters ready to convert their mined coins into real-world value.
This comprehensive guide walks you through everything you need to know about selling Pi Coin, withdrawing your assets, and liquidating PI into fiat currency. Whether you're a long-time Pi miner or new to the ecosystem, this article ensures you’re fully prepared for the next phase of your crypto journey.
What Is Pi Coin?
Pi Coin is the native cryptocurrency of the Pi Network, a decentralized blockchain project launched on March 14, 2019, by Stanford PhDs Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. The core mission of Pi Network is to democratize access to cryptocurrency by enabling users to mine Pi directly from their mobile devices — no specialized equipment or technical expertise required.
Over the years, Pi Network has built a massive global community of millions of users. The transition from Enclosed Mainnet to Open Mainnet, completed in February 2025, marks the point at which Pi Coin becomes freely tradable on public crypto exchanges.
This shift unlocks key functionalities:
- Full transferability of Pi Coins
- Integration with external wallets and exchanges
- Real-world liquidity and market pricing
Pi Coin Is Now Live on Crypto Exchanges
As of February 20, 2025, Pi Coin officially launched on multiple centralized exchanges (CEXs), including major platforms like Binance, KuCoin, Bitget, and OKX. This listing enables users to trade PI/USDT and other trading pairs, providing a clear path to monetize accumulated coins.
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The availability on trusted exchanges significantly enhances Pi Coin liquidity and opens doors for broader adoption in the digital economy.
Step-by-Step Guide to Sell and Withdraw Pi Coin
Converting your mined Pi into usable funds involves several key steps. Follow this structured process to ensure a smooth and secure transaction.
1. Confirm Exchange Support for Pi Coin
Before initiating any transfer, verify that your chosen exchange supports PI/USDT or similar trading pairs. As of 2025, leading platforms including OKX, Bitget, and KuCoin have officially listed Pi Coin.
Ensure you're using the correct deposit address format and network type to avoid irreversible loss of funds.
2. Choose a Secure and Reputable Exchange
Security should be your top priority. Select an exchange with:
- Strong KYC and anti-fraud measures
- Two-factor authentication (2FA)
- A proven track record in handling large trading volumes
Platforms like OKX offer advanced security infrastructure and deep market liquidity, making them ideal for new traders.
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3. Create and Verify Your Account
Sign up on your selected exchange and complete the KYC (Know Your Customer) verification process. This typically includes:
- Uploading a government-issued ID
- Submitting a selfie for facial recognition
- Confirming your email and phone number
Most exchanges require full verification before allowing deposits or withdrawals above certain thresholds.
4. Transfer Pi Coin from Your Pi Wallet
To move your coins from the Pi ecosystem to an external exchange:
- Open Pi Browser and log in to your Pi Wallet.
- Tap on “Pay / Request”.
- Enter the deposit address provided by your exchange (e.g., USDT-TRC20 or native PI chain).
- Double-check the address for accuracy.
- Specify the amount of PI coins you wish to send.
- Confirm the transaction by tapping “Send”.
⚠️ Always send a small test transaction first to confirm compatibility and address correctness.
Once confirmed, wait for blockchain confirmation — this may take several minutes depending on network congestion.
5. Sell Pi Coin on the Spot Market
After your coins arrive in your exchange wallet:
- Navigate to the Spot Trading section.
- Search for the PI/USDT trading pair.
- Place a sell order at market price or set a limit price based on current trends.
- Confirm the sale.
Your balance will now reflect the equivalent amount in USDT or another stablecoin.
6. Withdraw Funds to Bank or Digital Wallet
You now have two options:
- Convert to fiat: Use the exchange’s P2P marketplace to sell USDT for local currency (e.g., IDR, USD) and withdraw directly to your bank account.
- Store digitally: Transfer USDT or other assets to self-custody wallets like Trust Wallet or MetaMask for future use.
P2P trading is particularly popular in regions with limited banking integration, offering fast settlement without intermediaries.
Prerequisites for Selling Pi Coin
Not all Pi holders can immediately sell their coins. To be eligible, you must meet the following conditions:
- ✅ Complete KYC verification in the Pi app (deadline: January 31, 2025)
- ✅ Successfully migrate your account to Open Mainnet
- ✅ Accept all Mainnet terms and conditions
- ✅ Verify ownership of your mining account
Users who fail to complete these steps remain restricted within the enclosed ecosystem and cannot transfer or sell their coins.
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Frequently Asked Questions (FAQ)
1. What is Pi Network?
Pi Network is a blockchain-based project that allows users to mine Pi Coin using a smartphone app. It focuses on accessibility, security, and community-driven growth.
2. When did Pi Coin start trading?
Pi Coin became available for public trading on February 20, 2025, following the official Open Mainnet launch.
3. Can I withdraw Pi Coin directly to my bank?
No — you must first transfer Pi Coin to a supported crypto exchange, sell it for a stablecoin like USDT, then use P2P or withdrawal features to receive fiat in your bank account.
4. Is it safe to transfer Pi Coin to an exchange?
Yes, as long as you use verified addresses, enable 2FA on your accounts, and avoid sharing private keys or recovery phrases.
5. Why can’t I sell my Pi Coin yet?
You may not have completed KYC, migrated to Open Mainnet, or accepted the required agreements in the Pi app. Check your status in the Pi Wallet dashboard.
6. Which exchange is best for trading Pi Coin?
Exchanges like OKX, Bitget, and KuCoin offer strong liquidity, low fees, and robust security — ideal for both beginners and experienced traders.
Final Thoughts
The transition of Pi Network into Open Mainnet represents a milestone for decentralized finance — proving that inclusive, mobile-first crypto projects can evolve into fully functional ecosystems. Now that Pi Coin is listed, users worldwide can finally realize the value of years of mining effort.
By following this step-by-step guide, you can confidently navigate the process of withdrawing, selling, and liquidating your Pi Coin holdings. Always prioritize security, double-check transaction details, and stay updated through official channels.
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