Since its mainnet launch in February 2025, you can sell Pi coins on exchanges like OKX, MEXC, and Gate. You can also sell it via peer-to-peer methods, such as spending your PI directly at merchants that accept PI.
Pi Network has made a significant mark in the cryptocurrency world by offering users the ability to mine Pi coins for free using their mobile devices. With its expansive reach, millions of users have accumulated Pi coins and are now exploring avenues to sell them.
In this article, we will delve into various methods available in 2025 for selling Pi coins and provide insights on the safest approaches while highlighting methods to avoid to prevent scams.
Key takeaways:
- Centralized exchanges like OKX and MEXC are the most recommended platforms for selling PI coins.
- Peer-to-peer sales, whether direct deals or through merchants accepting Pi, offer an alternative method.
- Online P2P transactions carry a higher risk of fraud compared to offline P2P sales, which are generally safer.
- Pi coins can be spent directly at merchants for various products and services, ranging from gaming items to larger purchases.
How to sell Pi coins?
With the Pi Network’s mainnet now operational, centralized exchanges have emerged as the primary and most user-friendly method for trading Pi. These platforms provide real-time pricing, enhanced liquidity, and robust security measures.
Initially, peer-to-peer (P2P) trading was the primary method for selling Pi coins, allowing direct negotiation of price and payment terms, reminiscent of Bitcoin’s early trading days. Although still an option, P2P trading has taken a backseat to more efficient exchange methods.
In the sections below, we will explore the process of selling Pi coins through centralized exchanges and review traditional P2P methods.
Sell Pi coin on centralized exchanges
The launch of Pi Network’s open mainnet has made centralized exchanges the most accessible and prevalent means for selling Pi coins. This approach provides better liquidity, faster transaction times, and built-in security. Here’s a step-by-step guide using OKX as an example.
1. Choose your trading platform
Select a reputable crypto exchange that lists Pi. Evaluate factors such as security, trading fees, market availability, and withdrawal options. This guide uses OKX, but other exchanges like MEXC or Bybit have similar processes.
2. Create and verify your exchange account
- Sign up on your chosen exchange.
- Complete the KYC (Know Your Customer) verification process, which generally includes:
- Providing personal information
- Uploading a government-issued ID
- Submitting proof of address
- Completing face verification
3. Transfer Pi Coins to the Exchange
- Log in to your Pi wallet.
- Locate and copy your Pi deposit address from the exchange.
- Ensure accuracy by double-checking the address.
- Send your Pi coins and await network confirmations.
4. Place Your Sell Order
- Navigate to the Pi trading pair (e.g., PI/USDT).
- Select a market order (executes immediately at current price) or a limit order (executes at a specified price).
- Input the amount of Pi you wish to sell.
- Carefully review the order details.
- Confirm and execute the trade.
Sell Pi coin peer-to-peer
With the open mainnet live, trading PI directly on centralized exchanges has become prevalent, relegating peer-to-peer (P2P) trading to a secondary option. P2P transactions involve selling PI directly to another individual—online or in person—or using them at accepting merchants. While this option offers flexible pricing and payment terms, it is riskier, especially online.
- Selling Pi coin P2P (online): Caution is advised as many online buyers, often seen on social media, have been reported to engage in scams by failing to pay after receiving PI.
- Selling Pi coin P2P (offline): In-person meetings are generally safer than online deals, though less convenient, and still require vigilance.
Spend your Pi coins directly on products and services
For those holding Pi coins who prefer not to sell directly, spending them at merchants accepting Pi is an option. Various businesses allow for Pi transactions, ranging from silver sales to gaming items, and there have even been reports of vehicles sold for Pi, as shared by the Pi Core team on social media.
The Pi Network team recently held an event called PiFest to encourage users to spend their Pi coins at local businesses accepting the cryptocurrency. They released an app named the Map of Pi to assist users in locating participating merchants.
Pioneers, PiFest starts today and goes on from Oct 29 to Nov 5. Visit and shop at local Pi-Powered businesses using Pi, and share your experiences on Fireside Forum and social media. Use the Map of Pi app to find participating Pi merchants near you. Participate in PiFest… pic.twitter.com/OhKFHaMJwu
— Pi Network (@PiCoreTeam) October 30, 2024
The bottom line: There are different ways to sell Pi coins, but trading on centralized exchanges is the easiest
With the Pi Network’s mainnet live, selling Pi coins is more accessible and secure. Centralized exchanges, where Pi is officially listed, provide better security, clear pricing, and faster transactions than P2P methods. P2P trading remains an option but carries higher risks, as it requires trust in the buyer to fulfill payment obligations.
The open mainnet launch is a significant milestone for the Pi community, as users can now trade PI without solely relying on informal arrangements.
Since the mainnet launch, Pi’s value has fluctuated, dropping from $3 to approximately $0.4 at the time of writing. For an in-depth analysis, you can review our Pi Coin price analysis.
For more details, visit the original source: CoinCodex.
