what is exactly is pi coin
A brief history of the pi network
If you are wondering how to sell Pi Coin, you first need to clarify: What exactly do you have?
how to sell Pi Coin is a cryptocurrency project that began in 2019, created by three PhD’s from Stanford, and its purpose was to allow crypto to be mined with a smartphone rather than costly mining rigs — without ridiculous power costs.
In a short number of time, the Pi Network app became popular around the globe, especially in developing regions where the mobile app provided simplicity and accessibility.
What’s different about Pi Coin compared to other cryptocurrencies.
Where Bitcoin relies on powerful mining rigs and energy hungry computations, Pi Coin is based on trust, where users create a network of trustworthy people (called a security circle).
Anyways…
There is one major difference between Pi and other major coins: its not fully listed on the world exchanges yet – and this confusion is usually where people ask: can it be sold yet?
Can You Trade Pi Coin in 2025?
Will Pi Coin Ever be available on Major Exchanges?
Currently, Pi Coin is not available on major cryptocurrency exchanges like Binance or Coinbase.
There are platforms offering an unofficial type of Pi Coin called “Pi IOUs,” but those aren’t actual Pi tokens on the official network – they’re just IOUs based on speculation.
This means that you currently can’t freely trade your Pi on the open market, and any platform that claims otherwise should be approached with skepticism.
What is the “Open Mainnet” and Why is it Important?
The Pi Network is currently in what’s called the “Enclosed Mainnet” phase – which means, currently, Pi coins cannot leave the ecosystem, and are unable to be freely traded.
If users transition to the next phase, Open Mainnet, they will be able to transfer coins and trade Pi on public exchanges, but that phase has not yet fully launched.
So, if you’re waiting to sell your Pi, the milestone to look for is the transition to Open Mainnet.
why kyc verifaction is essential before you sell
KYC refers to “Know Your Customer,” and it is a required process to establish your identity.
If you don’t complete the KYC verification, you can’t transfer the Pi coins you mined (before you can sell or transfer Pi to any exchange in the future, you need to transfer to the Mainnet wallet).
Failing to complete the KYC means potentially losing access to your coins altogether, so it is the very first and perhaps most important step.
where Can You Sell pi coin today?
the true about pi coin exchanges
To date, you cannot trade Pi Coin on any major exchange, including Binance, Coinbase, or Kraken, because the Pi Network is still in an “Enclosed Mainnet” period.
However, there have been some unofficial P2P (peer-to-peer) exchanges and on Telegram groups that claim to buy or trade Pi — but they are not secure!
Real-life note:
A friend of mine in Nairobi tried to sell 1,000 pi in a Telegram group and was promised USDT in return, but did not receive funds because the buyer disappeared.
This was just one of many cases where users were scammed by attempting to sell unofficially.
If you want to use these unofficial exchanges, be aware that you are making a huge mistake.
There is no safe or verified way to sell Pi until the Pi Network gets to the open Mainnet and is officially listed on regulated exchanges.
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The Only Safe Option (At the Moment): Wait For Open Mainnet
Your only option is to be patient.
The Pi Core Team has already indicated that Open Mainnet is happening, and they are supposedly obtaining regulatory approval and KYC verification.
During Open Mainnet phase:
Users can transfer their Pi coins to external wallets
Pi will probably show up on real crypto exchanges
Billions of dollars will be traded, sold, or held with Pi.
How to Sell pi coi(step by step)
If you’re wondering how to sell Pi Coin, you’re not alone.
Many early adopters have mined Pi for years and are now hoping to convert it into real money.
While Pi is still not publicly tradable, we provide the following easy step-by-step guide to get you prepared to sell it — once the Open Mainnet goes live.
Step 1 – Finish KYC Verification
KYC (Know Your Customer) is required and mandatory.
If you don’t finish KYC, your mined Pi will remain latched in the app and will not be transferable to your wallet.
Real experience note:
A user from Ghana shared on Reddit that he waited over one year before he had his KYC invitation.
Finally, upon verification, he was able to migrate his subsequent balance to the Mainnet wallet — allowing him to use his balance for future transactions.
For KYC you have to:
Open Pi Network app
Click “Mainnet Checklist”
In accordance with Pi’s approved KYC provider (like Yoti or Pi KYC app), you will be given KYC instruction.
Step 2 – Activate Your Pi Mainnet Wallet
With the completion of KYC, it is time to activate your Mainnet wallet, which is where your verified Pi will be stored.
To do this, follow these steps below.
Open the Pi Browser app
Go to the “Pi Wallet” option
Secure the passphrase (write it down and keep it safe)
Migrate the Pi you mined to the wallet
Without a Mainnet wallet, you cannot sell or transfer Pi, so don’t get ahead of yourself.
Step 3 – Keep up to date on the Open Mainnet Launch
Due to KyC being completed by most active users, we expect Open Mainnet to launch, and this is when Pi is expected to be listed on Cross-Chain platforms.
Expert view:
Crypto analysts predict that the listing may range from the smaller exchanges up to the major platforms such as Binance or OKX.
I recommend keeping up-to-date via the official Pi Network channels and Twitter announcements.
Step 4 – List your Pi on Verified exchanges (Coming soon)
When it is listed:
- You will connect your Pi wallet to the exchange
- You will select how much you want to sell
- You will swap it for fiat (USD, EUR) or another crypto (ex. USDT or BTC)
Until then, do not engage in unofficial transactions or Telegram groups that say they will buy your Pi as they are all unregulated, and very risky.
Common Scams to Avoide When Selling pi coin
As the buzz around selling Pi Coin grows, scammers have become more active as well. Especially in forums, Telegram groups, and unofficial trading platforms.
If you’re not careful, you could end up losing all of your Pi, or worse — your personal data.
Here is a Way to Recognize and Avoid the More Common Pi Coin Scams.
Fake Exchange Listings and Pi IOUs
Some websites say they support Pi trading, but what they’re saying, or really offering, is IOUs (I Owe You) — not Pi coins.
IOUs are speculative tokens that may or may not even hold value according to the official Pi Network, or be redeemable for coin.
Example:
A Reddit user lost $300 by purchasing Pi IOUs on an unverified exchange.
Once the exchange was shut down, the user was left with no way to recover funds.
Pro Tip:
Do not buy or sell on any exchange until it is officially offered on an exchange by the Pi Core Team.
P2P Telegram or WhatsApp Deals
You may find “Buy 1,000 Pi for $100” posts in Telegram or WhatsApp groups.
These are essentially always scams.
There is zero payment protection with peer-to-peer (P2P) trading, and many users have simply been ghosted after sending money.
Real-life warning:
One user in Pakistan told us that they sent USDT in trade for Pi, but when it came time to collect the Pi, the seller disappeared. With no transaction recorded on a public blockchain, the loss is permanent.
Fake KYC and Wallet Apps
Some scammers will make a fake app that looks like it’s an official Pi tool to hijack your identity or Pi wallet passphrase.
If it doesn’t say “Pi Browser” downloaded from the official app, don’t use it for wallet access or KYC.
Security tip:
- Never share your wallet passphrase
- Only use links from the official Pi Network website or app
- Do not download APK files from unknown directories
Tips to Maximize Your pi coin Profit
Even though it’s not possible how to sell Pi Coin yet, the choices you make today will have a direct impact on how much you can make when your Pi arrives at the open market.
Following are proven strategies to help you maximize your Pi Coin’s future value, safely and intelligently.
be Active and Continue to Mine daily
Staying active is important, even if it means less than it used to. Mining rewards are lower than they’ve ever been, but… keep in mind that each Pi you mine today could be worth something tomorrow.
For example:
An original early user from The Philippines has mined Pi daily since 2020 and now has over 10,000 Pi.
All they did was to hit the lightning button once a day and invite new users, building their balance without spending any money.
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Build and Expand Your Security Circle
By invited other trusted users, you can increase your mining rate by adding them to your Security Circle. The more trusted your Security Circle is, the stronger your earning rate will become.
Tips:
Invite users that you know in real life.
Teach them about Pi (how it works, etc)
Place active users in your Security Circle for better trust of the network
Complete KYC as Soon as You Can
Unverified users cannot transfer or sell their Pi coins. You need KYC verification to go onto Pi Mainnet, and to eventually access the open market.
Expert Advice:
Watch closely for your KYC invitation.
When it comes, do not complete it through any third-parties. If you has been unverified for long periods, you could be sacrificing the ability to access your mined balance.
Hold, Don’t Sell (HODL)
When Pi launches on exchanges, pricing could be very volatile. If you sell early, you may leave some significant gains on the table.
Analogy:
Case in point, Bitcoin. Early adopters sold their coins for $1 only to see a $60,000+ peak. The same price trajectory may happen for Pi if it enjoys adoption and develops utility from the get-go.
Smart Move:
Considering selling only a portion at launch to cash out and leaving the rest of your holding in, to benefit in longer-term development.
Participate in the Pi Ecosystem
The Pi network plans to launch apps, marketplaces, and useful real-life applications.
The more activities and participation you engage with pi, the more value your Pi has a chance of realising.
What to do:
Try apps powered by Pi in the Pi Browser
Use Pi for small test transactions
Participate in Pi hackathons and community-based discussions
Final Thoughts is Selling pi coin Worth it
The Pi Network is creating a stir worldwide with interest on the rise from many people, with millions asking if and when they can cash out their mined Pi for real money. While the Open Main Net is not open yet, users planning to cash out now have a pathway:
- Start with the basics. Get KYC completed and get your Pi Wallet set up – use only official means.
- Do your research. Follow the official Pi channels for news and information, don’t trust fake exchanges or fake Telegram groups that say they can trade something for your Pi immediately.
- Make the most of your current situation. Keep mining everyday, grow your Security Circle, and take part in the Pi ecosystem so you can cash out with long-term value.
- Think long-term. Instead of rushing out to swap when we launch, think about holding some of your balance. In a world where there will be many millions of users on the Pi Network, only time will tell but your balance may go up with initial transactions.
With the right frame of mind and with the best actions now you may be creating for yourself an actual opportunity tomorrow.
how to sell Pi Coin may still be early in the process but those who remain careful, well informed, and patient may retain the most value when the potential for selling does arrive.
FAQs
- Can I sell my Pi coins?
No, you cannot sell Pi coins yet on some public exchanges.
Pi Network is still in Enclosed Mainnet, meaning coins are only transferrable between users that KYC’d and within the Pi network (e.g. apps, test marketplaces).
Selling Pi for fiat (real money) is not officially allowed yet – and while you can technically sell Pi with unofficial means, it is likely that there would be scams on those platforms (or any exchanges, even in its open form), and that you could get banned from the Pi Network by related and/or out of breach of contract.
- How do you convert Pi coins to cash?
Currently, you cannot directly convert Pi coins to cash.
The Pi Core Team announced that “you will be able to convert Pi to cash in the Open Mainnet – when Pi is publicly listed on exchanges.
” Until that happens, the Pi Network strongly does not recommend getting involved with any third-party platforms or using peer-to-peer as it is risky (to your cash and future chances of conversions with Pi).
- How can I Cash Out Pi Coin?
You will be able to cash out once Pi is listed on exchanges during the Open Mainnet phase.
At that time, users who have passed KYC will be able to move pi coins to public wallets to exchange for USDT, Bitcoin, or fiat currency supported by exchanges.
We do not know the timeline for this, but it will come after the ecosystem is mature and KYC completion rates are higher.
- What is 1 Pi selling for?
There is no official market price for Pi at this time.
There have been unofficial markets where users are listing speculative values from $5 to $40 dollars per Pi, however, they are not endorsed by the Pi Core Team and could be misleading.
Once Pi is officially listed, exchanges will determine what it is worth based on the supply and demand in crypto exchanges.
- What is 50 Pi worth in dollars?
Since Pi is not officially listed, 50 Pi currently has no real dollar value.
The speculative community as loosely valued 1 Pi at $10 (therefore 50 Pi = $500), again this is unofficial and carries risks. We encourage you to await real exchange listings before discussing Pi’s value.
- Is Pi on Binance?
No, Pi Coin is NOT listed on Binance or any major exchange, as of now.
Binance and other exchanges have not confirmed support for Pi.
Any Pi-related tokens you see there (Pi IOU such things) are not Pi Network coin and should be avoided, unless verified by the Pi Core Team.