Pi Network has emerged as a unique player in the cryptocurrency space, offering users the ability to mine digital assets directly from their smartphones. Unlike traditional mining that demands expensive hardware and high energy consumption, Pi Network leverages a trust-based consensus mechanism, allowing everyday users to participate simply by tapping a button in the app once per day.
Now, with Pi Coin ($PI) officially listed on major exchanges, those who have completed KYC verification and migrated to the Open Mainnet can buy, sell, and trade Pi just like Bitcoin or Ethereum. However, due to the project’s ongoing development and mixed information online, many users remain uncertain about where and how to safely trade Pi Coin.
This comprehensive guide walks you through everything you need to know about buying and selling Pi Coin — from trusted platforms and step-by-step instructions to key prerequisites and security tips.
Understanding Pi Network and Pi Coin
Launched in 2019 by Stanford PhDs Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, Pi Network was designed to democratize access to cryptocurrency mining. The vision? Make blockchain technology accessible to ordinary people without requiring technical expertise or costly equipment.
At its core, Pi Network enables users — known as Pioneers — to mine Pi Coin using only their mobile devices. Mining occurs through a lightweight app that doesn’t drain battery life or require constant internet connectivity. Instead of proof-of-work, Pi uses a consensus algorithm based on social trust, where users build "security circles" to validate others and secure the network.
As of 2025, Pi Network claims over 70 million registered users globally, though the actual number of active participants remains debated. Still, its growing ecosystem includes roles beyond basic mining:
- Pioneers: Mine Pi daily by tapping the app.
- Contributors: Help verify transactions via trusted networks.
- Ambassadors: Invite new users and earn referral rewards.
- Nodes: Run desktop software to support network infrastructure.
These roles allow users to boost their mining rates and contribute meaningfully to the network’s decentralization.
What Is Pi Coin?
Pi Coin ($PI) is the native cryptocurrency of the Pi Network ecosystem. Initially confined within an Enclosed Mainnet, early miners couldn’t transfer or trade their holdings. That changed with the transition to the Open Mainnet, enabling verified users to move Pi to external wallets and trade them on supported exchanges.
Today, real $PI tokens are available for trading — but only for users who’ve completed KYC verification and Mainnet migration. If your Pi remains locked in the app wallet without migration, you won’t be able to sell or exchange it yet.
👉 Discover how to securely start trading Pi Coin today.
Where to Buy Pi Coin Safely
With increased interest comes greater risk — especially when unofficial platforms list IOUs (I Owe You) instead of actual $PI tokens. These are not real coins but promises of future delivery, often used in speculative markets and prone to fraud.
To avoid scams, always purchase Pi Coin only from reputable exchanges that support the official $PI/USDT trading pair. Two of the most trusted platforms currently offering real Pi Coin trading are:
- Bitget
- OKX
Both exchanges provide strong security measures, high liquidity, and intuitive interfaces suitable for beginners and experienced traders alike.
Step-by-Step: How to Buy Pi Coin on Bitget
Buying Pi Coin is straightforward if you follow these steps:
- Create a Bitget Account
Visit the official Bitget website and register using your email address. Complete identity verification (KYC) to unlock full trading capabilities. - Deposit Funds
Navigate to your wallet and deposit funds. The easiest method is transferring USDT (Tether) since $PI is primarily traded against USDT. You can fund your account via bank transfer, credit card, or P2P options depending on your region. Trade for Pi Coin
Go to the Spot Trading section and search for the PI/USDT trading pair. Choose between:- Market Order: Instant purchase at current market price.
- Limit Order: Set your desired price and wait for execution.
Store or Trade Your Pi
Once purchased, your Pi Coins will appear in your Bitget wallet. From here, you can:- Hold for long-term investment
- Transfer to a personal crypto wallet
- Trade for other cryptocurrencies like BTC or ETH
👉 Start trading Pi Coin with confidence on a trusted global exchange.
How to Sell Pi Coin: Requirements and Process
Selling Pi Coin isn't possible for everyone — yet.
Before you can trade or withdraw your mined Pi, two critical conditions must be met:
- ✅ Completion of KYC verification within the Pi Network app
- ✅ Successful migration from Enclosed Mainnet to Open Mainnet
If your account hasn’t completed these steps, your coins remain non-transferable.
For those who have migrated, selling Pi Coin on exchanges like Bitget or OKX is now fully supported.
Selling Pi Coin on Bitget: Step-by-Step
Transfer Pi to Your Exchange Wallet
Open the Pi Browser, go to your wallet, unlock it with your passphrase, and tap Pay/Request. Select Manually Add Wallet Address.Then log into Bitget, go to Deposit > Cryptocurrency, select Pi Coin, and copy the deposit address. Paste this into your Pi Wallet and confirm the transfer.
Place a Sell Order
Once funds arrive in your Bitget wallet, navigate to Spot Trading and find the PI/USDT pair. Choose:- Market Order: Immediate sale at prevailing price
- Limit Order: Define your minimum acceptable price
Withdraw Proceeds
After the sale, you’ll receive USDT in your account. You can then:- Withdraw USDT to a private wallet (e.g., Trust Wallet, MetaMask)
- Convert USDT into other cryptos
- Use P2P trading to cash out to fiat (bank transfer, PayPal, etc.)
Always double-check recipient addresses and confirm transaction details before finalizing any trade.
Frequently Asked Questions (FAQ)
Q: Can I buy Pi Coin directly through the Pi Network app?
A: No. The official Pi Network app does not support direct buying or selling of $PI. Trading must occur on third-party exchanges after completing KYC and Mainnet migration.
Q: Are all exchanges listing real Pi Coin?
A: No. Many platforms list IOUs or fake versions of $PI. Only trade on reputable exchanges like Bitget or OKX that offer verified $PI/USDT pairs.
Q: Why can’t I sell my mined Pi yet?
A: You likely haven’t completed KYC verification or migrated to the Open Mainnet. Until both steps are done, your coins remain locked.
Q: Is Pi Coin listed on Binance or Coinbase?
A: As of now, neither Binance nor Coinbase officially supports $PI trading. Always verify listings on exchange websites before investing.
Q: How do I protect myself from scams when trading Pi?
A: Never share your seed phrase, use only official exchange links, avoid “free Pi” offers, and stick to well-known platforms with strong reputations.
Q: What’s the difference between Enclosed and Open Mainnet?
A: The Enclosed Mainnet restricts transfers and trading. The Open Mainnet allows full ownership, withdrawals, and exchange trading — but only after KYC approval.
Final Thoughts
Pi Coin represents a bold experiment in inclusive blockchain access — one that’s now entering a new phase of real-world utility and tradability. While still evolving, it offers early adopters a chance to participate in a growing digital economy.
But with opportunity comes responsibility. Always verify your eligibility to trade, use secure platforms, and never rush into transactions without understanding the risks.
Whether you're looking to buy into the network or cash out accumulated coins, following this guide ensures you do so safely and effectively.
👉 Securely explore your next move in the world of mobile-mined cryptocurrencies.