Step-by-Step: How to Sell Pi Coin on CEX and DEX

After years of mining and anticipation, Pi Network’s Open Mainnet is officially live! This means Pi Coin is now available for trading on various centralized and decentralized exchanges. If you’ve been mining Pi Coin since its early days, this is the moment you’ve been waiting for. You can finally sell your Pi coins and take part in the exciting new world of cryptocurrency.

In this guide, we’ll take you step-by-step through the process of selling Pi Coin, whether you’re using a centralized exchange like Binance or a decentralized exchange (DEX) like PancakeSwap. We’ll also cover key considerations for selling your Pi coins, including market volatility, security, and timing the market.

What is Pi?

Pi Coin is the native cryptocurrency of Pi Network, a decentralized blockchain network that allows users to mine coins through their mobile phones. Launched in 2019, Pi Network attracted millions of users globally due to its simple mining process, which didn’t require high-end hardware or energy consumption like traditional cryptocurrencies.

After years of development, Pi Network launched its Open Mainnet on February 20, 2025, allowing Pi Coins to be traded on major crypto exchanges like OKX, Bitget, Gate.io, and possibly CoinDCX soon. Now, users who have mined Pi coins can finally transfer and trade their coins, marking a huge step in the cryptocurrency space.

How to Sell Pi Coin on Centralized Exchanges (CEX)

Centralized exchanges (CEX) are platforms where cryptocurrencies are traded through a central authority, such as Binance, Kraken, and others. These exchanges are popular because they offer user-friendly interfaces, higher liquidity, and a wide range of cryptocurrencies for trading. If you want to sell your Pi Coin, here’s the process:

1. Create an Account on the Exchange
   The first step is to create an account on a centralized exchange that supports Pi Coin. Popular exchanges like Binance, Kraken, and OKX are ideal platforms. Simply visit their websites, sign up, and verify your identity. This verification process typically includes submitting documents like your ID and proof of address.
2. Deposit Pi Coin into Your Exchange Wallet
   Once your account is set up, you need to deposit your Pi Coins into your exchange wallet. For this, you will have to use the Pi Network wallet to send your Pi coins to the exchange wallet. Each exchange will provide you with a unique wallet address to transfer your coins.
3. Place a Sell Order
   After depositing your Pi coins, you can place a sell order. Most exchanges allow you to place either a market order or a limit order:

• Market Order: This order will sell your Pi coins at the current market price.
• Limit Order: This order will sell your Pi coins at a specific price that you set.
• Be sure to check the latest market prices before placing your order to get the best deal.

4. Receive Payment
   Once your sell order is matched with a buyer, you’ll receive payment. The payment will either be in fiat currency (like USD or EUR) or another cryptocurrency (such as Bitcoin or Ethereum), depending on what you’ve selected.
5. Withdraw Your Earnings
   After the sale is completed, you can withdraw your earnings to your bank account or another cryptocurrency wallet. Most exchanges have a withdrawal process that is easy to follow.

How to Sell Pi Coin on Decentralized Exchanges (DEX)

Decentralized exchanges (DEX) operate without any central authority. Instead, trades happen directly between users, which provides greater privacy and control over transactions. Pi Coin may eventually appear on DEX platforms like PancakeSwap or Uniswap, but currently, the Pi Network has not officially confirmed a DEX listing.

However, if Pi Coin becomes available on a DEX in the future, here’s how you can sell it:

1. Connect Your Crypto Wallet
   To use a DEX, you’ll need to connect your crypto wallet, such as MetaMask or Trust Wallet. Make sure your wallet is set up and contains Pi Coins before proceeding.
2. Add Pi Coin to Your Wallet
   If Pi Coin is listed on a DEX, you’ll need to add it to your wallet by importing the token’s contract address. Once added, you’ll be able to view and trade your Pi coins on the DEX platform.
3. Place a Sell Order
   Like on centralized exchanges, you can place a sell order on a DEX. You can trade Pi Coin for other cryptocurrencies like USDT, Ethereum, or Bitcoin, depending on what’s available on the DEX.
4. Complete the Transaction
   Once your sell order is matched, the trade will be executed, and you’ll receive your payment in another cryptocurrency. Remember that DEX platforms charge a small transaction fee, also known as gas fees, to process trades.
5. Withdraw Your Earnings
   You can then withdraw your earnings to your preferred crypto wallet or exchange account. Make sure you keep track of your transaction fees and any additional costs associated with DEX transactions.

Key Considerations When Selling Pi Coin

Before you start selling your Pi coins, here are some important factors to consider:

1. Market Volatility
   Cryptocurrencies are known for their price volatility, and Pi Coin is no exception. After the mainnet launch, the price of Pi Coin is likely to fluctuate significantly. Be prepared for sudden price changes and monitor the market closely to make the most informed decision.
2. Trading Fees
   Both centralized and decentralized exchanges charge trading fees. These fees can vary, so check the fee schedule of the platform you’re using. CEX platforms typically charge lower fees than DEX platforms, but DEX platforms offer more control and privacy.
3. Security and Scams
   As Pi Coin gains popularity, the risk of scams and fake tokens increases. Be sure to only use official wallets and exchange platforms to avoid falling victim to fraudulent schemes. Always verify the token’s status on official Pi Network channels.
4. Timing the Market
   While it’s difficult to predict the exact price of Pi Coin after the mainnet launch, you should monitor market trends and be strategic about when to sell. Early adopters who sell at the right time can make a significant profit.
5. Tax Obligations
   Selling cryptocurrency in the U.S. is considered a taxable event. Make sure to keep records of your transactions and be aware of the tax implications in your region. It’s advisable to consult a tax professional for guidance on cryptocurrency taxation.

Conclusion

Selling your Pi Coin after the mainnet launch is an exciting opportunity for Pi Network miners. Whether you choose to use a centralized exchange or a decentralized exchange, the process is straightforward, but it’s important to be aware of market volatility, trading fees, and security measures.

Remember to keep track of your earnings, monitor the market, and stay informed about Pi Network updates. With Pi Coin now officially traded on major exchanges, the future of Pi Network looks promising. If you’re considering selling your Pi coins, make sure to time your sale wisely and take full advantage of the opportunities in the cryptocurrency market.

Also Read : Pi Coin Price Prediction: Is Now the Time to Buy the Dip?