Where and how to sell Pi Coin: A step-by-step guide

Key takeaways

• Set up your Pi Wallet and secure it with a 24-word seed phrase before transferring your coins.

• KYC is often required on both CEXs and P2P platforms to transfer and sell Pi Coins.

• You can sell Pi through CEXs or P2P platforms, each offering different security, speed and control.

• Always do your own research (DYOR) before selling or holding, as expert opinions on Pi’s future vary.

If you’re here, you probably already know what Pi Coin is and just want to figure out how to sell it. However, a recap awaits, in case you need one. 

While the project pitches itself as a way to democratize crypto access through mobile mining, there are some major concerns that have been hard to ignore:

• Pi claims over 60 million users, but blockchain explorers show only about 9.11 million wallets, with daily active users closer to 20,000.

• Six years after launch, the Pi mainnet is still technically “enclosed,” with full control held by the core team.

• Inflation is a major issue: The circulating supply doubled in just a year, sitting at around 5.56 billion tokens as of early 2025.

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

• Heavy reliance on in-app advertising, despite low operating costs, and tactics designed to keep users engaged without clear utility.

Now let’s talk price

Pi Coin reached an all-time high of about $2.98 in late February 2024 when early trading started appearing on selected exchanges. Since then, it’s been almost a straight downward slide. 

As of April 28, 2025, Pi Coin (PI) is trading around $0.62, which means it has fallen by roughly 79% from its peak. Even worse, it’s not showing signs of recovery; the price is hovering dangerously close to its all-time low, with thin liquidity and decreasing volume across most exchanges.

So, with mounting concerns about the project’s future and the market showing little faith, many early miners and holders are deciding it might be time to abandon ship.

Here’s exactly how you can do that — step-by-step.

Did you know? The Pi Ad Network, launched in 2024, allows developers to monetize their apps by displaying 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 advertisements.

Setting up your Pi Wallet

Once you’ve decided to sell your Pi Coin, the first step is getting your coins into a wallet you control, and for that, you’ll need to set up a wallet. Here’s how to get started.

First, download the Pi Browser app — it’s available on both the Google Play Store and the App Store. Once it’s installed, open it up and head to the “wallet.pi” page inside the browser.

There, you’ll be guided through setting up your Pi Wallet. It’s a quick process, but don’t rush it. When you create your wallet, you’ll be given a 24-word seed phrase. This is critical: The Pi Network doesn’t store your passphrase for you. If you lose it, you lose access to your wallet and your Pi for good. So write it down, store it offline, and keep it somewhere safe.

If you get stuck or want a walkthrough, the Pi Network’s official support portal has detailed instructions.

Transferring your Pi Coins to your wallet

Setting up the wallet is only half the job. To actually move your Pi Coins over, you’ll first need to complete KYC verification.

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

From there, head to the Mainnet Checklist in the app, which will walk you through the final steps. Once everything’s checked off, your transferable balance will be sent straight to your Pi Wallet.

Heads up: The transfer isn’t always instant. Sometimes, there are delays, especially if the network is busy, so don’t panic if it takes a little time. Just make sure your app is updated and that you’ve finished all the required steps.

Once that’s done, you’re finally ready to move on to selling.

Did you know? Even though Pi Network transitioned to its open mainnet in February 2025, users are still required to use the official Pi Wallet for withdrawals, with the network citing security and KYC requirements.

Choosing where to sell your Pi Coin

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

Selling Pi on centralized exchanges (CEXs)

If you want the most straightforward experience, CEXs are the way to go. These platforms offer a structured environment where trades happen quickly — and there’s usually more buyer demand, too.

As of April 2025, here are a few CEXs where you can sell your Pi Coin:

• OKX: Supports multiple trading pairs (such as PI/USDT, PI/TRY, PI/USD, PI/EUR and…