Where and how to sell Pi Coin: Step by step guide

If you're here, you probably already know what Pi Coin is and just want to know how to sell it. However, a brief summary awaits you below, in case you need it.

Although the project claims to democratize access to crypto through mobile mining, there are several major issues that are hard to ignore:

• Pi claims to have over 60 million users, but the blockchain explorer shows only around 9.11 million wallets, with daily active users close to 20,000.

• Six years after its launch, the Pi mainnet is still technically “closed,” with full control held by the Core Team.

• Inflation is a major concern: the circulating supply doubled in just one year, reaching around 5.56 billion tokens by early 2025.

• The mandatory Know Your Customer (KYC) process raises serious privacy concerns, especially as user data is handled by regional validators.

• Heavy reliance on in-app advertisements, despite low operational costs, and tactics designed to keep users engaged without clear benefits.

Now Let’s Talk About Price

Pi Coin reached an all-time high of around $2.98 in late February 2024 when early trading began appearing on certain exchanges. Since then, the price has nearly continuously declined.
As of April 28, 2025, Pi Coin (PI) was trading around $0.62, marking a drop of approximately 79% from its peak. Worse still, Pi Coin shows no signs of recovery; its price hovers very close to its all-time low, with thin liquidity and declining volume across most exchanges.

As concerns about the project's future mount and market confidence wanes, many early miners and holders are deciding it's time to exit the project.

Here’s How to Do It — Step by Step

Did You Know?

The Pi Ad Network, launched in 2024, allows developers to monetize their apps by showing ads within the Pi ecosystem. Advertisers pay in Pi, creating a circular economy where developers earn Pi for user engagement, and users benefit from relevant ads.

Setting Up Your Pi Wallet

Once you decide to sell your Pi Coins, the first step is to get your coins into a wallet you control. Here’s how to set it up:

First, download the Pi Browser app — it's available on the Google Play Store and App Store. Once installed, open it and navigate to the “wallet.pi” page within the browser.

You’ll be guided through setting up your Pi Wallet. The process is quick, but don’t rush it. When you create the wallet, you’ll be given a 24-word seed phrase. This is crucial: the Pi Network does not store your password. If you lose it, you lose access to your wallet — and your Pi — forever. So, write it down, store it offline, and keep it in a safe place.

Transferring Your Pi Coins to Your Wallet

Setting up the wallet is only half the job. To actually move your Pi Coins, you must first complete KYC verification.

Open your Pi Network app, go to the KYC section, and follow the instructions to verify your identity. Once your KYC is approved, you'll gain the ability to transfer your mined coins.

From there, go to the Mainnet Checklist in the app, which will guide you through the final steps. Once everything is checked off, your transferable balance will be sent to your Pi Wallet.

Note: Transfers are not always instant. There may be delays, especially if the network is busy — so don’t panic if it takes a while. Make sure your app is updated and you’ve completed all required steps.

Once completed, you're finally ready to move on to selling.

Did You Know?

Although the Pi Network transitioned to an open mainnet in February 2025, users are still required to use the official Pi Wallet for withdrawals, citing security and KYC requirements.

Choosing Where to Sell Your Pi Coins

Now that your Pi Coins are in your wallet, you have two main options for selling them: centralized exchanges (CEX) or peer-to-peer (P2P) platforms. Each has its pros and cons depending on how much security, speed, and control you want.

Selling Pi on Centralized Exchanges (CEX)

If you want the easiest experience, CEX is the way to go. These platforms offer structured environments where trades happen quickly — and usually with higher buyer demand.

As of April 2025, here are some CEX platforms where you can sell your Pi Coins:

• OKX: Supports several trading pairs (such as PI/USDT, PI/TRY, PI/USD, PI/EUR, and PI/BRL). Fees are fairly low (0.08% maker, 0.10% taker), and withdrawal fees vary.

• MEXC: Offers pairs like PI/USDT, PI/USDC, and PI/EUR. Highlights include 0% maker fees and 0.05% taker fees — very cost-efficient.

• Gate.io: Lists PI/USDT pair. Trading fees are 0.1% across the board. Be aware that full KYC is required before trading.

• Bitget: Also offers PI/USDT trading with 0.1% fees. However, it’s unavailable in some countries (including the US), so check access before signing up.

Things to remember when choosing a CEX:

• KYC is usually required — be prepared to submit ID documents.

• Trading pairs matter — if you want USDT, make sure the exchange offers it.

• Fees vary, so compare platforms if you’re selling a large amount.

• Liquidity is crucial — the more active the market, the better the price you’ll get.

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  Source: OKX

  
  

  
  

Step-by-Step Guide to Selling Pi on a CEX

1. Create an account on a crypto exchange that supports Pi trading. Sign up just like any other online service.

2. Verify your identity (KYC) by uploading ID documents — sometimes a short video selfie is also required.

3. Once your account is verified, go to the “Deposit” section and select Pi Coin. You’ll be given a unique wallet address — copy it carefully.

4. Open your Pi Wallet, paste the deposit address, and send your coins.

5. Once the Pi Coins appear in your exchange balance, go to the trading area and select the appropriate pair (e.g., PI/USDT).

6. Sell your coins — either at market price for a quick sale, or set a limit order if you want a better price.

7. After selling, you’ll have USDT (or another currency) in your account. From there, you can withdraw funds — either as fiat to your bank or transfer crypto to another wallet.

Selling Pi P2P

If you prefer to deal directly with individuals, you can also sell your Pi Coins via P2P platforms. These give you more flexibility, but also come with higher risks.

Some options include:

• Coinskro: A dedicated P2P platform for Pi transactions, accessible via Pi Browser.

• Telegram and Discord communities: Some Pi trading groups are very active, but be cautious about who you trade with.

Tips to stay safe in P2P trading:

• Always use escrow services (Coinskro provides this) to hold funds until both parties confirm.

• Verify the person you’re trading with — check their trade history if possible.

• Never share excessive personal or banking information.

• If it’s your first time with someone, start with a small amount to test trust.

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Did You Know?

In 2022, peer-to-peer (P2P) payment fraud losses in the United States reached an estimated $1.7 billion, a 90% increase from the previous year.

Step-by-Step Guide to Selling Pi P2P

1. Choose a platform and create an account. Depending on the service, you may also need to complete identity verification.

2. You can either list your Pi Coins for sale (with your price) or respond to existing buy offers.

3. If you find someone offering to buy Pi for USDT (or other currencies), simply respond to their ad instead of waiting for a buyer.

4. Once you agree on the terms, always use escrow if available. Escrow holds the buyer’s funds while you transfer Pi Coins, adding a crucial layer of safety.

5. Here’s how a typical P2P trade works:

   • The buyer sends funds to escrow.

   • You send your Pi Coins to their wallet address.

   • Once they confirm receipt, escrow releases the funds to you.

Smooth and stress-free — as long as you follow the platform’s rules.

If you’re considering trading outside of escrow — say, because someone is offering a “better deal” — be extremely cautious.

Writer @Barland

Barland is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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