Have you been mining Pi for months and are now asking, "How do I sell my Pi Network holdings?" You're not alone! As Pi Network moves closer to its open mainnet phase, thousands of users are gearing up to exchange their mined Pi for other assets or fiat currency. But navigating the process of selling Pi can be confusing, especially with the project still in key development stages. This guide will walk you through the entire process, using accessible language and pro tips so you can make the most of your hard-earned Pi.
Before selling, it’s crucial to understand that Pi Network hasn’t yet achieved full open mainnet status. This means mainstream exchanges don’t officially list PI coins for direct trading. Any OTC (over-the-counter) trading is unofficial and may carry risks. You should always exercise extreme caution and diligently research any marketplace you use.
For your Pi coins to be eligible for transfer, you must complete the network’s Know Your Customer (KYC) verification. This step authenticates your identity, ensuring you can move your mined Pi from your mining app to your Pi mainnet wallet. Follow in-app instructions carefully, submit your documents, and wait for approval. This is a crucial security measure.
You’ll need a web3 wallet that supports asset management and dApp connectivity, such as Bitget Wallet. These wallets let you store, send, and manage Pi, plus interact with emerging Pi-based decentralized applications. Setting up your Bitget Wallet is straightforward:
With the mainnet’s open exchange listing pending, selling Pi often involves P2P transactions. Approved marketplaces—or even social media platforms with escrow features—can match buyers and sellers of Pi. Be wary of scams and only deal with verified users or platforms. Watch for updates, as reputable exchanges like Bitget Exchange may support Pi trading once official mainnet launches.