The Pi Network launched its mainnet on February 20, making Pi Coin tradable on cryptocurrency exchanges and other platforms. After years of waiting, Pi Coin miners can finally trade it for cash. However, selling your stash is not the only thing you can use the best Pi Coin exchanges for. After the initial dump, the coin has somewhat recovered, and now you can join others who purchase the coin, hoping for its bright future.
Check out our guide below to learn everything you need to know about trading Pi Coin: how to sell or purchase it on crypto exchanges, how to deposit/withdraw, which payment methods you can use, and more.
Key TakeawaysDisclaimer: Investing in cryptocurrencies carries significant risk. Values are highly volatile. Never invest more than you can afford to lose. This site does not provide financial advice. Act based on your own research and consult with a financial professional before making decisions. Don’t invest unless you’re prepared to lose all the money you invest.
After conducting thorough research, we can recommend the following exchanges to trade Pi Coin. Please note that some of them are restricted in specific regions, such as the US or the UK.
Check out our short reviews of recommended exchanges to decide which ones best suit your trading needs.
Pionex is an international exchange that was established in 2019 with headquarters in Singapore. It is widely known as the crypto exchange that pioneered bot trading in the crypto market. Although the platform has users from all over the world, in the US, Pionex is only available through its subsidiary, Pionex US.
The international Pionex exchange is quite comprehensive and supports around 400 crypto trading pairs. In addition to bot trading, it offers various additional trading options, including spot trading, swapping, instant buying, and futures trading. It also provides earning opportunities, as well as a demo account.
On Pionex, users can make deposits with around 30 different fiat currencies and multiple payment methods, including third-party processors. The exchange uses a tiered fee structure that offers lower trading fees to active traders who generate large monthly trading volumes.
BitMart is an international crypto exchange that became public in 2018. Its headquarters are in the Cayman Islands, but has regional offices in multiple locations worldwide. Available in more than 180 countries, Bitmart is registered as an MSB and accepts users from most US states, with a few exceptions.
The platform supports more than 1,000 crypto assets and 700 trading pairs. Users can engage in P2P trading, spot trading, copy trading, margin trading with up to x5 leverage, futures trading, and access earning opportunities like staking and earning.
BitMart also supports more than 50 fiat currencies and accepts deposits in various payment methods, including credit/debit cards and PayPal. The trading fee structure on Bitmart is tiered and offers lower taker and maker fees to traders who generate large trading volumes.
Disclaimer: Investing in cryptocurrencies carries significant risk. Values are highly volatile. Never invest more than you can afford to lose. This site does not provide financial advice. Act based on your own research and consult with a financial professional before making decisions. Don’t invest unless you’re prepared to lose all the money you invest.
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Our research team comprises experienced professionals in several relevant industries, including finance, cybersecurity, and blockchain development. We’ve written countless articles on various crypto-related topics. However, in addition to our expertise, we always make sure to reflect the voices of our readers in our articles.
We take pride in our unwavering commitment to impartiality. We take great care to deliver our insights and analysis without bias and allow you to make your own decisions, having the necessary information to make the right choices when navigating the crypto market.
While the choice of the ideal crypto exchange to trade Pi Coin on is a matter of subjective opinion, every trader must take into account several critical factors when selecting a crypto trading platform.
In trading, the difficulty or ease with which an order can be fulfilled is called liquidity. More precisely, higher liquidity indicates sufficient trading activity that will allow for a smooth trade execution without delays and close to the desired price.
Lower liquidity, on the other hand, occurs when the activity levels on an exchange are low, which can slow down and reduce the efficiency of order fulfillment and trade execution.
This is because centralized exchanges rely on a central order book and matchmaking system to facilitate trades. For every buy order issued, the exchange has to find a matching sell order and execute the trade at the desired price. If it’s unable to find a matching order right away, the process prolongs, or the price is slightly tweaked to align with the available orders.
Put simply, highly liquid exchanges can execute trades quickly and at the desired price. Exchanges with low liquidity take longer to execute trades and may expose you to higher spreads and price slippage. For this reason, liquidity is one of the most important considerations when choosing an exchange.
The importance of security when choosing any financial service is pretty much self-evident, so we won’t spend too much time explaining it. The crypto exchange you trade on will hold your funds in its custody at least for a while, so you want to make sure it is one of the safest crypto exchanges out there.
Unlike traditional financial institutions, such as banks and credit unions, crypto exchanges rarely provide insurance and fund protection to their users. Instead, they do their best to prevent security breaches that may lead to loss of funds, rather than provide reimbursement.
This is why it is a good idea to evaluate the security measures offered by the platform you are considering joining. Try to assess whether they will be strong enough to protect your funds. Look for features like two-factor authentication, cold storage for assets, end-to-end encryption, and a strong track record of handling security incidents.
Licenses and certifications, in general, serve as a stamp of approval. They validate legitimacy and reinforce credibility in regulated industries. When a professional or a business holds a specific license, it demonstrates that they operate legally, meet industry standards, and comply with regulatory requirements.
However, because crypto regulation is still a grey area in most jurisdictions, licensing crypto exchanges is a bit more complicated. Most of the top centralized and hybrid exchanges prioritizing compliance typically hold licenses and provide regulated services to their users.
On the other hand, there are decentralized exchanges that operate largely unregulated and hold no licenses but still receive plenty of trading activity. Some users actually prefer trading on DEXs, and we will discuss the reasons behind this in a later section below.
Most of the platforms on our Pi Coin exchange list are centralized and hybrid exchanges that hold the necessary permits for legitimate operation. We believe these are the better options, particularly for beginners. We also encourage you to research the licensing information of any exchange before you decide to join it.
Nowadays, most reputable financial services, including crypto exchanges, offer their users free educational resources on their websites.
These include all types of materials, such as written articles, videos, webinars, courses, quizzes, and other media, that can help users expand their knowledge of the crypto market and blockchain technology. In some cases, users can even earn cryptocurrency rewards for successfully completing tasks and doing well on tests.
While we don’t consider the availability of educational resources a decisive factor when choosing an exchange, we think they are a nice addition, especially for beginners. Crypto trading can be complex, so newcomers should try to get as much help as possible to understand it thoroughly and effectively.
Luckily, most of the best Pi Coin exchanges we discussed above offer plenty of free learning materials you can access even if you end up trading on a different exchange.
Whether they charge commissions, trading fees, transaction fees, or rely on an entirely different model, every crypto exchange charges fees to maintain its operations. Fees are how these exchanges stay in business and there is no way to avoid them.
That said, you can try your best to find an exchange that uses a fee structure that works more efficiently for your trading style. Rather than simply looking for the lowest number, be sure to understand the fee structure thoroughly and see how it will affect your trading.
Some exchanges charge lower trading fees but make up for it with higher withdrawal fees. Others may omit the withdrawal fee entirely but charge higher spreads. Every platform structures its fees differently, so it is up to you to research, compare, and find the exchange that aligns best with your trading habits and financial goals.
Even though this article focuses on trading Pi Coin and the best platforms that list it, we strongly encourage you to consider other trading pairs available on the exchange of your choice. You may only be interested in investing in Pi Coin right now, but who knows how your trading interest may evolve in the future.
Most crypto traders start as HODLers, but once they become more familiar with the market, they start thinking about evolving their strategies and exploring additional trading opportunities.
However, not every cryptocurrency is listed on every crypto exchange. Some exchanges list a smaller number of coins and offer a more limited range of trading pairs. Others support hundreds of cryptocurrencies and trading pairs and allow traders to easily trade their Pi Coins for another coin they want without the need to use an additional exchange.
While there are certain advantages to trading on multiple exchanges, which we will explain in a section below, we recommend you look for a platform that supports a large number of cryptocurrencies and trading pairs.
Finally, the last important factor you want to consider when evaluating the best exchanges for Pi Coin is the availability of payment methods, especially if you want to buy the crypto using fiat currency.
You may not be aware, but not every crypto exchange is fiat-friendly. Most decentralized platforms are “crypto-only” exchanges and don’t support any fiat payment methods.
In addition, even platforms that accept fiat currencies support a limited range of payment methods. That said, some provide greater flexibility than others and accept payments made using several different methods, including bank transfers, Visa and Mastercard cards, and various e-wallets and online payment services.
To ensure that you can purchase Pi Coin with the payment method you prefer, you will have to look specifically for crypto exchanges that support that method. Keep that in mind when doing your research and comparing platforms so that you do not waste time with exchanges that will not allow you to buy the coin the way you want.
Having explored the most important factors you need to consider when choosing a crypto exchange for trading Pi Coin, let’s shift the focus to a broader perspective and compare the different types of crypto exchanges available on the market.
Decentralized exchanges are crypto trading platforms that operate without a central authority. Instead, they rely on smart contract technology to allow traders to trade directly from their wallets without the need for any intermediation.
Centralized exchanges are crypto trading platforms designed to look and feel like traditional financial services users are already familiar with. Run by a central entity, these platforms take custody of user funds and manage the trading process through an order book system that efficiently matches buyers and sellers.
Hybrid exchanges are crypto trading platforms that combine elements of the two main types of exchanges, CEXs and DEXs, and offer an alternative approach. These platforms use both order book and matchmaking for efficient trade execution, as well as smart contracts for secure and non-custodial settlement of trades.
After exploring the best exchanges for Pi Coin and discussing the different types of platforms you can trade on, all that is left now is to explain the process of buying and selling Pi Coin. The step-by-step guide below will provide you with detailed instructions.
The first thing you need to do is to do your research, compare the platforms you are interested in, and choose a secure and reputable platform that will satisfy your criteria in terms of features, fees, security measures, etc.
We feel like we explained enough regarding this process and the most important factors in the “how to pick the best exchange” paragraph above, so we can move on to the next step.
After thoroughly researching the best Pi Coin exchanges and finding a platform you’d like to use for your purchase, it is time to create an account and join the exchange as a registered user.
The signup process may be slightly different from one exchange to another, but generally, it requires users to provide some basic information like name, date of birth, country of residence, email, username, and password. If you decide to use a regulated exchange, you will also likely need to verify your identity to pass KYC verification.
KYC can be intrusive and require you to provide copies of government-issued IDs, proof of address, and similar sensitive information. However, it is a mandatory requirement mandated by the financial authorities to prevent illicit financial transactions, so there is no way around it.
Complete your KYC verification, await confirmation, and once it’s done, log in to the exchange and go to the next step.
As we previously mentioned, you need to keep in mind supported payment methods while researching a crypto exchange to buy Pi Coin on. If you chose an exchange that supports your preferred payment method, move on to the next step. If not, select one from the available options.
In order for you to be able to buy Pi Coin from the exchange, you will need to deposit the funds required for the purchase into your account. Given that you have already selected your payment method, go to the funding section and initiate a deposit.
Enter the required banking, debit card, or e-wallet information to link your funding account to your exchange account. Then, enter the amount of money you wish to purchase Pi Coin for. Carefully examine the entered information and ensure it is correct before you confirm the transaction. Wait for the payment to be processed and move on to the next step.
Now that your account is funded, you can buy Pi Coin from the exchange. Go to the trading section of the platform and look for Pi Coin on the list of tradable cryptocurrencies. Most exchanges have a search bar, so you can use that to find the coin more easily.
Then, tap or click on the crypto and choose the type of order you want to execute. Depending on what order type you select, the trade will be executed immediately at the current market price or once the price reaches your specified level. When the trade is completed, the Pi Coin will be added to your account, and your balance will reflect it.
Now that you own the Pi Coin, you can decide whether to keep it in your exchange’s custodial wallet or withdraw it into a third-party wallet whose private keys are under your control. Your choice depends on what you plan on doing with the coin.
If you want to sell it for profit in the near future, we suggest you keep it in the custodial wallet to avoid having to deposit it again in a relatively short time. Custodial wallets may not be as secure as private, cold wallets, but they are safe enough for frequent trading.
If you want to HODL the Pi Coin and wait for its value to appreciate significantly over time, it may be a good idea to move it to offline storage.
Alternatively, you can even decide to store the majority of your Pi Coin in a hardware wallet, and keep a small portion of it in your custodial wallet for day-to-day use. Make your decision and store your Pi Coin accordingly.
Once you are ready to sell your Pi Coin for profit, you can do so on the same exchange you initially bought it on. Selling the coin is very similar to buying it.
Just go to the same trading section where you purchased the Pi Coin in the first place, but instead of placing a buy order, this time, choose to place a sell order. Once again, depending on the order type you choose, market or limit, the trade will either be executed immediately, or once its price reaches your specified level.
Keep in mind that if you decide to withdraw the Pi Coin to your non-custodial wallet as explained in the previous section, you will need to deposit it again before you can sell it on the exchange.
After your sell order is completed, the trade will be finalized, and the account balance will reflect its current status. If you sold the Pi Coin for fiat currency, your Pi Coin will be gone, and the equivalent amount in fiat will now be available in your exchange account.
If you traded it for another coin, your balance will show the new cryptocurrency you exchanged it for. At this point, you will once again need to decide what to do with your funds.
You can keep your fiat/new crypto on your account for further trading, or you can withdraw it to your crypto wallet or bank account/card/e-wallet, after successfully completing a profitable trade. If you decide to cash out, go to the withdrawal section of the exchange, enter the withdrawal information, and complete the transaction to exit the market.
Even though the main purpose of this article is to present you with the best Pi Coin exchanges and help you choose the ideal platform to buy the crypto on, limiting yourself to a single exchange may work against your best interest. And while using multiple exchanges for your trading needs may not be as convenient, it offers several undeniable advantages.
Trading on multiple exchanges essentially means spreading your assets across multiple platforms and effectively reducing the custodial risk. Put simply, if you only trade on one exchange and it gets hacked, you lose all your funds in the platform’s custody.
However, if you split your assets into two or three exchanges, and one gets hacked, you only lose half, or a third, of the funds. Your safety strengthens as the number of exchanges you use increases, but since you can’t realistically trade on a dozen platforms, choosing two or three exchanges should be enough to mitigate this risk.
Having said this, we must point out that the platforms on our Pi Coin exchange list take security very seriously and take proactive measures to protect themselves from cyberattacks. But when there’s a simple way to take extra caution, you should consider taking advantage of it.
Another key advantage that using multiple exchanges for your trading needs can provide you with is greater diversification potential. Any given exchange, even if it supports hundreds of cryptocurrencies, has limited trading pairs. Using one or two other exchanges can help you expand your portfolio to new coins, access new pairs, and find more liquid options.
However, in addition to letting you build a more diversified portfolio, using several exchanges also lets you trade and invest more effectively. For example, you can purchase the coins on the exchange that charges the lowest fees and then stake them on the one that promises the highest staking rewards—a simple enough tactic that will maximize your returns.
Furthermore, as you become more experienced, you may start identifying and capitalizing on arbitrage opportunities. Arbitrage trading occurs when the price of a cryptocurrency is lower on one exchange than on another, so you buy it low on the first platform and then sell it high on the second. This is another lucrative strategy only possible when trading on two or more platforms.
Finally, the most obvious but equally important benefit of trading on multiple exchanges is that you will become a better crypto trader. Becoming familiar with different interfaces, trading mechanics, jargon, and concepts will help you learn and grow faster than when you’re stuck in a single environment you are already comfortable with.
If you are an absolute beginner, this may be scary, and you should not force yourself to do things. Trading is a serious business, and making a mistake can sometimes be costly, so you should always exercise caution.
However, if you are curious to understand how other platforms work and what features they offer, simply creating an account and browsing through can be a good idea. Some exchanges even offer a demo account you can use to “trade” without investing any real money, which can be an excellent starting point for newbies.
Before you decide to invest in Pi Coin, or any other cryptocurrency or investment product for that matter, you need to know why you are buying this asset. This is especially important when it comes to buying a speculative crypto like Pi Coin, which has no real-world applications or intrinsic values.
Unlike well-established coins such as Bitcoin, Ethereum, Solana, Cardano, and Binance Coin, which have proven utility, strong ecosystems, and widespread adoption, Pi Coin is an unproven project, still in its early stages.
Namely, Pi Coin’s mainnet only went live on February 20, 2025, after facing several delays. The Pi Network was initially scheduled to launch in 2022, but after multiple setbacks, it missed its original timeline by almost three years. At this point, many early adopters were unsure if the project would even reach the mainnet.
Furthermore, Pi Coin’s promise to make mining more accessible was also considered controversial by the crypto community. Having users download the Pi Network app and tap a button to “mine” raised skepticism among experienced miners who questioned the legitimacy of the project.
On top of that, the network’s reliance on sketchy referral schemes, similar to ones used by MLMs and pyramid schemes, added even more doubt and criticism. However, despite its shaky start the crypto is now listed on several major exchanges, including Pionex, BitMart, and OKX, and traded actively.
Given its accessibility and low entry barrier, Pi Coin attracted a large number of early adopters who didn’t necessarily understand blockchain technology or long-term investing and only saw it as an opportunity to make quick cash. Just 24 hours after its launch, the crypto’s price dropped by 55% as many early adopters and miners sold their holdings.
However, Pi Coin stabilized after the initial sell-off, and its price is steadily rising.
While we can’t know whether Pi Coin will be a success, we can tell you that it is a speculative asset with an uncertain future, and you should exercise caution. We can also remind you that all investments are risky, and you should only invest money you can afford to lose.
Pi Coin is currently listed on dozens of exchanges, including reputable centralized platforms such as Pionex, Bitmart, and OKX. In the article above, you can see our recommendations on where to buy Pi Coin quickly, safely, and at the best price. Please note that trading Pi Coin might be limited in specific countries, such as the US and the UK.
As of February 2025, Pi Coin is not available on Binance or Coinbase, but is available on other major exchanges, such as Pionex, Pionex US, OKX, and Bitget.
At the moment of writing, the exchanges that have listed Pi Coin only offer PI/USDT trading pairs, but not PI/BTC trading pairs. This means that right now, Pi Coin can only be traded with Tether, but not Bitcoin. However, this may change over time, considering that the crypto was listed just a few days prior to writing this article.
About as legal as trading any other cryptocurrency. Different jurisdictions have different laws regarding crypto trading. In countries where crypto trading is illegal, trading Pi Coin is illegal. In countries where crypto trading is legal, trading Pi Coin is legal. Please consult a professional from your country to learn more details.
If you want to transfer Pi Coin from your Pi Network account to your custodial wallet on any given exchange, you first need to initiate a deposit on the exchange account. Then, copy the Pi Coin address from your exchange’s wallet. After that, you can go back to the Pi Network app, initiate a transfer, paste the copied address, and complete the deposit.
If you want to move your Pi Coin from your Pi Network app to your external wallet, generate a Pi Coin address from your wallet, copy it, and then go to the app, initiate a payment, paste the wallet’s address, and complete the transaction.
If you want to move your Pi Coin from a crypto exchange to your external wallet, the process is very similar, but instead of initiating a payment from the Pi Network app, you will need to initiate a withdrawal from the exchange. Then, you will paste the receiving address and complete the transaction.
As of February 2025, Pi Coin has been listed on several of the world’s most reputable and trustworthy crypto exchanges, including OKX, BitMart, Pionex, and Pionex US. If you want to learn more about the best exchange for trading Pi Coin, please check out the article above, which covers precisely that subject matter.
Depending on the exchange you are using, there are several ways you can dispose of your Pi Coin holdings and cash out. Some exchanges offer instant selling of Pi Coin for fiat, while others may require you to first swap the coin for USDT and then convert it to your preferred currency.
In addition, you can always consider selling your Pi Coins on P2P marketplaces where buyers and sellers can negotiate their own trading terms. Try to find a seller who will pay you in PayPal or another e-wallet with cash.
The cryptocurrency you want to trade has nothing to do with the KYC verification. Instead, the crypto exchange you want to use for trading Pi Coin may require you to confirm your identity to allow you access to its trading services.
If you want to trade Pi Coin on an exchange where KYC is a mandatory requirement, then yes, you need to pass KYC to trade Pi Coin. If not, then no, you don’t need to pass KYC to trade Pi Coin.