If you’re looking for quick liquidity, selling early might be the best option. Holding could be the smarter move if you believe Pi’s price will rise after listing. Regardless of your decision, it is important to do your own research (DYOR) before proceeding. 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.

Once verified, open the Pi Network app and navigate to the Support Portal. It provides fast withdrawals, secure transactions, and multiple trading options. With its strong security system and easy-to-use interface, OKX is a great choice for those who want a reliable way to sell Pi. In the next window, enter the amount of Pi you want to transfer, and the Bitget wallet address you copied earlier. First, ensure your Bitget account is fully verified through their KYC process.

It is used for transactions, governance, and potentially as a medium of exchange within Pi Network’s ecosystem. The project was launched in 2019 by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, two Stanford PhDs, with the goal of creating a decentralized, user-friendly cryptocurrency. As of 2025, Pi Network claims to have over 70 million users worldwide, though this figure remains debated.

Step 9. Migrate to Mainnet

Once you have done this, Coinbase will send you an email to verify your account. Pi coin is still in its early stages, and its value is not yet established in the market. Nevertheless, the potential for high returns on investment makes it an intriguing prospect for investors who are willing to take calculated risks. Analyze the potential market performance of Pi Coin based on current trends and expert analyses.

A confirmation window will appear—carefully review all the details before confirming the transfer. Once logged in, locate and press the “Pay/Request” button at the center of the screen to begin the transfer process. At this stage, you need only wait for the Pi KYC team to verify your identity.

• According to the core team of Pi Network, they are planning to launch in 2024.
• Holding could be the smarter move if you believe Pi’s price will rise after listing.
• In case of P2P in the offline mode, Pi can be transferred in exchange of physical cash.
• Before selling Pi Coin, it’s important to understand the regulatory environment of your country regarding cryptocurrencies.
• Unlike electronic bank money, the key distinction is that cryptocurrency operates in a decentralized system, with no central authority controlling it.
• Being on the exchange platform ensures reliable trading of cryptocurrency.

Risks and Tips for Selling Pi Coin

Once logged in, navigate to the “Assets” tab at the screen’s bottom-right corner. add class to clicked element using javascript Once your identity is confirmed, the migration process will start automatically. At first, you’ll see the task in the Mainnet Checklist turn orange until your tokens are delivered to your Pi Wallet. Two-factor authentication adds an extra step to the login process, helping keep online accounts safer than relying on just a username and password.

On the other hand, a limit sell order allows you to set a specific price at which you want to sell your Pi Coins. Gain insights on how to strategically manage your crypto tax obligations for maximum financial efficiency. The team also released a V2 roadmap to finish all the preparation required under the first condition.

Selling Pi Coin: Platforms, Cash-Out Methods & Tips

The lockup feature allows you to set aside a portion of your Pi Coins for a fixed period, which may increase your mining rate in the future. Remember, if you lose your private key, you will permanently lose access to your Pi Coins, as there is no recovery option. Before you hit “sell,” it’s worth taking a moment to think strategically.

It has high liquidity, meaning you can sell without big price changes, and offers low fees for trading. However, we tested it on two different accounts, and both had their tokens migrated in about 10 days. Once the migration is complete, you’ll be ready to transfer your coins. Right now, Pi Coin can be traded on several centralized exchange platforms.

Moreover, the project’s referral-based growth model has drawn comparisons to multi-level marketing, raising further concerns about sustainability.Lastly, there are questions about data privacy and KYC procedures. Initially, Pi operated within a closed ecosystem, where tokens held no real-world value and couldn’t be traded externally. Instead, users accumulated Pi Coins with the promise that, one day, the network would transition to an open mainnet—at which point tokens could potentially be transferred, traded, or converted into fiat currency. With the launch of Pi Network’s open mainnet, the project has taken its first steps toward broader adoption and utility. Selling Pi Coin isn’t as simple as logging into an app and cashing out.

Essential Tax Guide for Ethereum Staking in 2024

Being on the exchange platform ensures reliable trading of cryptocurrency. Although Pi Network open mainnet is still not officially out on the exchange list, it is highly anticipated to launch soon. As soon as that happens, users can trade Pi coins for fiat currency or cryptocurrencies on exchange platforms. If you’ve completed KYC, migrated your Pi Coin to the open mainnet, and set up a compatible wallet, you’re ready to begin the process of selling.

Overview of Pi Network

Another reason could be that your Pi is still in the Pi Network app and hasn’t been moved to an exchange. To sell, you need to transfer your Pi using the Pi Browser, access your Pi Wallet, and deposit it into an exchange that supports Pi trading. The Pi Network is a unique cryptocurrency platform that allows users to mine coins on their mobile phones without significant battery drain. Founded by Stanford graduates, its aim is to democratize cryptocurrency mining as a means of increasing accessibility. While the present article gives you an insight into how to sell Pi coins, the blunt truth is that it is not yet ready for sale. Despite the internet being flooded with juicy predictions of values, we need to wait a little longer till it officially trades on open markets.

Just like buying products and services using fiat currency, Pi can be directly spent on goods and services. The only challenge in how to buy bitcoin for the first time this process is to find a platform or merchant who agrees for Pi as a currency in exchange for their product. Users can mine Pi by opening the Pi Network app and tapping a button once every 24 hours. Mining does not require the app to run continuously, and it does not drain battery life.

If you payment gateway development do decide to sell during a dip, consider setting a stop-loss order at a certain price point so that you don’t end up selling at an even lower price than intended. This way, if the price continues to drop beyond your predetermined threshold, your coins will be automatically sold off before you suffer too much loss. Once that price is reached, the sell order will be executed automatically by the exchange. This type of order gives more control over selling prices and can lead to higher profits if done correctly.

• Onchain indicators continue to show weak accumulation and seller dominance, suggesting that downward pressure may persist unless fundamentals shift,” Kan noted.
• You can choose to hold them, transfer them to an external wallet, or trade them for other cryptocurrencies.
• The latest reports about attracting new developers for Pi coins clearly indicate that the company is strongly committed to launching the mainnet as soon as possible.
• Ensure your Pi Wallet is set up correctly and your balance is fully migrated.
• Additionally, be aware of the fees and market fluctuations to make informed selling decisions.
• It has high liquidity, meaning you can sell without big price changes, and offers low fees for trading.

Selling your pi coins could be a good idea if you’re looking to cash out your investments or diversify your portfolio by investing in other assets. Before selling off any investment asset like this one though it is crucial to do thorough research and analysis of market trends related to the asset to make the best decision. To set up a limit sell order, first determine what price you want to sell your Pi Coins for. This requires some research on market trends as well as keeping an eye on news related to Pi Network.

Once you have decided on a selling price, enter it in your exchange account’s trading interface along with how many coins you want to sell. The secure gateway has yet to open, and the launch of the Pi Network mainnet is pending. This is the reason why you don’t find Pi coins on major crypto exchange platforms for trading. Since Pi was initially mined within a closed environment (Enclosed Mainnet), users could not trade or transfer it. However, with Pi Coin now listed on exchanges, users who have completed KYC verification and Mainnet migration can buy, sell, and trade Pi Coin like any other cryptocurrency.