Pi Network’s open network launch on February 20, 2025, at 8:00 AM UTC marks a significant milestone, finally allowing $PI trading on major exchanges. This long-awaited event means Pi users can now sell their coins for USDT or other cryptocurrencies. However, selling Pi successfully requires following specific steps to ensure a smooth, secure, and profitable transaction.

What is Pi Network and Why the Open Network Launch Matters?

Pi Network is a mobile-based cryptocurrency mining platform launched in 2019 by Stanford graduates. Unlike traditional mining methods that require high-powered hardware, Pi enables users to mine coins by simply tapping a button daily.

For years, Pi coins were restricted to an enclosed ecosystem, meaning they could not be traded on major exchanges. The open network launch removes these restrictions, allowing users to withdraw, deposit, and sell their Pi holdings on external exchanges for the first time.

Exchanges Listing $PI Coin for Trading

After the open network launch, Pi will be available for trading on three major exchanges:

  • OKX – Trading starts on February 20, 2025, with the PI/USDT pair.
  • MEXC – Also launching PI/USDT trading on February 20, 2025 in its Innovation Zone.
  • Bitget – Offering PI/USDT trading, along with a promotional event for Pi traders.

It is worth noting that despite Pi Network’s massive user base of over 60 million, only a few top exchanges have confirmed listings. Some platforms, like Bybit, have refused to list Pi, citing concerns about its legitimacy.

Step-by-Step Guide to Selling Pi Coin

Selling Pi involves several key steps, from KYC verification to withdrawing funds after a successful trade. Here’s how to do it:

1. Complete KYC Verification and Migrate Pi Coins to the Mainnet

Before you can sell Pi, you must have:

  • Completed KYC verification (already done by 19 million users).
  • Migrated your coins to the mainnet (completed by over 10 million users).

If you haven’t yet completed these steps, do so within the Pi Network app before proceeding.

2. Transfer Pi Coins to a Compatible Wallet

Once your Pi coins are on the mainnet, transfer them to a crypto wallet that supports external exchanges. Compatible wallets include Pi Wallet – The official wallet developed by Pi Network.

3. Select an Exchange and Create an Account

Choose a trusted exchange where Pi is listed. The top options are:

If you don’t have an account, sign up and complete the exchange’s verification process.

4. Deposit Pi Coins to the Exchange

Go to the deposit section of your chosen exchange and:

  • Select Pi (PI) as the deposit currency.
pi network deposit
pi network deposit
  • Copy the exchange’s wallet address for Pi deposits.
  • Transfer your Pi coins from your wallet to the exchange wallet address.

Deposits are expected to open before trading begins on most exchanges.

5. Trade Pi for USDT

Once your Pi coins arrive on the exchange, you can sell them by:

  • Navigating to the spot trading section.

pi network trading

  • Selecting the PI/USDT trading pair.
  • Choosing either a market order (instant sale) or limit order (specific price sale).

6. Withdraw Funds

After selling your Pi coins for USDT, you can withdraw your funds by:

Things to Consider Before Selling Pi

1. Market Volatility
Cryptocurrency prices can fluctuate significantly in the first days of trading. Pi Network’s massive user base means there could be high volatility, leading to sharp price swings.

2. Exchange Fees
Each exchange charges different fees for deposits, trading, and withdrawals. Check the fee structure on your chosen exchange before making transactions.

3. Security Measures
Protect your assets by:

  • Enabling two-factor authentication (2FA).
  • Using a secure wallet for storing your funds.
  • Avoiding phishing scams and fake trading platforms.

4. Tax Implications
Selling Pi for profit may be taxable in your country. Consult a tax professional to understand any obligations before withdrawing funds.

Projected Pi Coin Price and Market Expectations

Given Pi Network’s massive user base, analysts predict the initial trading price could range anywhere between $20 to $500. However, some experts warn that:

  • Heavy initial selling could drive prices down.
  • Exchange liquidity will play a key role in price stability.
  • Regulatory concerns may affect long-term adoption.

Final Thoughts

The Pi Network open network launch is a major milestone, finally allowing users to sell their mined Pi coins for real-world value. By following the right steps, including completing KYC verification, choosing a secure exchange, and monitoring market conditions, users can maximize their trading profits while minimizing risks.

For real-time updates on Pi Network trading, visit our Cryptocurrency Comparisons Guides.

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