The Pi Network (PI) mainnet officially launched in February 2025, marking a milestone for early adopters who mined PI coins via smartphone since 2019. This guide details how to sell PI coins in 2025, covering essential steps, platforms, and best practices.
Understanding Pi Network (PI)
Founded by Stanford alumni Chengdiao Fan and Nicolas Kokkalis, Pi Network democratizes crypto mining by enabling smartphone-based mining via its app. Unlike traditional mining, PI requires no specialized hardware.
Key milestones:
- 2019 Launch: Project initiated with a vision for inclusive cryptocurrency.
- 2025 Mainnet: Officially launched on February 20, 2025, after multiple delays.
- Exchange Listings: PI is now traded on major platforms like OKX, Bitget, and MEXC.
👉 Explore Pi Network trading on OKX
Prerequisites Before Selling Pi Coin
1. Complete KYC Verification
Pi Network mandates identity verification (KYC) to ensure compliance. Users must submit valid documents via the Pi app before transacting.
2. Migrate PI to Mainnet
Post-KYC, transfer PI coins from the app to the Pi Network mainnet. The Grace Period for migration ends on March 14, 2025—act promptly.
3. Set Up a Pi Wallet
Create a wallet via the Pi Browser app (wallet.pi). Secure your private key; this wallet stores and transfers PI coins.
3 Methods to Sell Pi Coin in 2025
1. Crypto Exchanges
Steps to sell PI on exchanges (e.g., OKX, Bitget):
- Register: Sign up and complete verification.
- Deposit PI: Transfer coins from your Pi Wallet to the exchange.
- Sell: Choose a market or limit order.
Pros: High liquidity, secure transactions.
Cons: Requires exchange fees.
2. Peer-to-Peer (P2P) Trading
- Process: Negotiate directly with buyers via forums or DEX platforms.
- Payment: Agree on price and method (e.g., bank transfer).
- Transfer: Send PI after payment confirmation.
Pros: No intermediaries, flexible pricing.
Cons: Higher risk of fraud—verify buyer credibility.
3. Over-the-Counter (OTC) Trading
Ideal for bulk sales. OTC brokers facilitate large transactions off public exchanges.
👉 Trade PI securely on trusted platforms
FAQs: Selling Pi Coin
Q1: Is Pi Coin mining still profitable in 2025?
A: Post-mainnet, mining rewards may decrease. Focus shifts to trading and ecosystem growth.
Q2: What’s the current PI-to-USD rate?
A: Check real-time prices on exchanges like OKX or CoinMarketCap.
Q3: Can I sell PI without KYC?
A: No. KYC is mandatory for all Pi Network transactions.
Q4: How long does PI withdrawal take?
A: Transfers typically complete within minutes but depend on network congestion.
Q5: Are PI sales taxable?
A: Yes—report crypto sales as capital gains in most jurisdictions.
Key Considerations
- Timing: Monitor market trends; PI’s value may fluctuate post-mainnet.
- Security: Use trusted platforms and enable 2FA. Avoid sharing private keys.
- Compliance: Adhere to local crypto regulations.
By following this guide, you can confidently navigate PI sales in 2025. Stay informed and trade wisely!