In This Article
While Pi Coin (PI) offers innovative blockchain features, including a Layer 1 network with mobile mining systems and smart contract support, not all investors remain bullish. If you fall into this category, this guide is for you. We explain how to sell Pi Coin for real money in the fastest and most cost-effective way.
Read on to learn which reputable Pi Network exchanges support fiat services and what payment methods you can use.
Pi Network Token Key Takeaways
- Pi Network completed its airdrop event in Q1 2025, where early adopters, including miners, received Pi coins for their efforts. Some participants hold their coins for potential long-term gains, while others prefer to sell right away.
- To sell Pi coin, you need to open an account with a suitable cryptocurrency exchange that supports fiat services. This means you can swap Pi Coin for local currencies like USD or EUR.
- Key considerations when choosing an exchange include fees, supported payment methods, liquidity, and safety. Most platforms require users to complete know-your-customer (KYC) verification, so you might need to upload a government-issued ID.
- Overall, MEXC is the best option when selling Pi coin. The exchange lets users trade PI for USDT at low commissions, convert that USDT to fiat currency, and withdraw the funds via e-wallets, bank transfers, and debit/credit cards.
- Analysts explain that investors should assess market timing before selling, as Pi trades at a significant discount below its initial listing price. While a recovery isn’t guaranteed, the Pi price may witness growth in line with broader market sentiment.
How to Sell Pi Coin in 6 Easy Steps
Let’s begin with a quick walkthrough on how to sell your Pi Coin in under 10 minutes:
- Step 1: Pick an Exchange: Choose an exchange that supports Pi Network, low fees, and fiat services. MEXC meets these core requirements. The popular trading platform offers the PI/USDT market, commissions start from 0%, and it approves fiat payouts almost instantly. Visit MEXC to register an account.
- Step 2: Deposit PI: The next step is to deposit PI into the MEXC account. Click “Deposit”, “On-Chain Deposit”, and select “Pi Network” from the drop-down list. Then transfer PI to the provided Pi wallet address or scan the QR code if using a mobile wallet. The deposit typically appears in a few minutes.
- Step 3: Swap PI for USDT: Now click “Markets”, search for “PI”, and click “PI/USDT”. On the right of the trading chart, move the slide to 100%. This means you’re selling 100% of your PI balance for USDT. Then confirm the order.
- Step 4: Go to the Quick Sell Page: Click “Buy Crypto” followed by “Quick Buy/Sell”. Ensure “USDT” is the “Spent” currency, then choose your preferred fiat currency.
- Step 5: Pick a Withdrawal Method: Explore the available withdrawal methods based on your chosen currency. Options often include bank transfers, Skrill, Revolut, Paysend, and Perfect Money. MEXC displays the conversion fees for each payment type.
- Step 6: Complete KYC and Confirm: The final step is to complete the KYC process. This requires some personal information and a government-issued ID. Confirm the withdrawal and wait several hours or days for the funds to arrive, depending on the withdrawal method.
How to Sell Your Pi Coin – Step-by-Step Instructions
There’s a lot to consider when you cash out Pi Coin for fiat money, from transaction fees and trading commissions to document checks and available payment systems. This section offers a detailed guide on how to sell Pi Network with a safe exchange.
Step 1: Register With a Cryptocurrency Exchange
Only a few cryptocurrency exchanges support Pi Coin and fiat withdrawal services. Research shows that MEXC is the overall best option for its competitive fees and near-instant KYC process. In addition to a wide range of payment methods, the platform offers substantial liquidity on the PI/USDT market, so you can cash out without facing slippage risks.
The first step is to register a MEXC account, which requires an email address or mobile number. Ensure you select a strong password and activate two-factor authentication. This extra step helps secure your account from unauthorized access.
Visit MEXCStep 2: Deposit Pi Coin Into the MEXC Account
You must deposit Pi Coin before you can cash out your tokens. MEXC usually credits cryptocurrency deposits almost immediately, although the Pi Network determines specific speeds.
Tap “Deposit” followed by “On-Chain Deposit”. Then click the drop-down box beneath “Select Crypto” and enter “Pi”. Choose “Pi Network” when it appears.
MEXC displays a deposit address that’s unique to your account. Copy the address and complete the transfer from your Pi wallet. If you’re using a mobile wallet that supports a built-in scanner, you can also scan the QR code.
Step 3: Swap Pi Coin for USDT
MEXC doesn’t let users directly sell Pi for fiat money. You first need to trade the tokens for USDT. The trading process offers simplicity and low costs.
Click the “Markets” button and search for “Pi”. Click the “PI/USDT” option and look for the order box to the right of the chart.
Ensure “Market Order” is selected (or “limit order” if you’re an experienced trader) and click the “Sell” button. Move the slider to 100% if you want to sell all of the Pi coins in the MEXC account.
Tap “Sell Pi” to confirm the order. The exchange converts Pi to USDT near-instantly, so they should appear in the Pi wallet right away.
Step 4: Set up a Fiat Sell Order
You’ve got USDT tokens, which you can now sell for fiat money.
Click “Quick Buy/Sell” beneath the “Buy Crypto” button at the top of the page, followed by “Sell”. Then enter the number of USDT you wish to sell and your local currency.
In the above example, the user is selling 50 USDT for EUR.
Step 5: Choose the Withdrawal Method
MEXC supports many withdrawal types, although specific methods depend on the fiat currency. Click the “Payment Method” button to see which methods are available.
The exchange rate is listed next to each withdrawal type: choose a method and click “Confirm.”
Note: MEXC is also one of the best peer-to-peer cryptocurrency exchanges, so if you can’t find a suitable payment method or exchange rate, you can sell USDT on the P2P platform.
Step 6: Complete KYC and Confirm
MEXC must conduct a KYC process for compliance with anti-money laundering regulations. This step is necessary because you’re withdrawing fiat money. Crypto-only users can withdraw up to 10 BTC daily without revealing their identity.
First, upload a valid government-issued ID, such as a driver’s license or a residence permit. MEXC then requires a live facial verification to ensure your ID matches your face. You can complete this step on a mobile or desktop device.
Once confirmed (which is typically minutes), MEXC redirects you to the partnered fiat gateway. Enter the withdrawal details, such as the bank account number or e-wallet account.
The withdrawal timeframe depends on the payment method, so it can vary from hours to days.
Where to Sell Pi Coin
The Pi ecosystem and Pi mainnet launched in February 2025, so it trades on limited cryptocurrency exchanges.
If you want to sell your coins for fiat money, we found that MEXC and OKX are the best options. These platforms require users to trade Pi for USDT, and then sell USDT for the preferred currency.
Another option is to use a peer-to-peer exchange, although again, you’ll first have to swap Pi for a major cryptocurrency like USDT or BTC. You can then sell those digital assets to a local buyer, although keep an eye on fees, as they’re often much higher than traditional exchanges.
There are also P2P communities on the Telegram app. This suits investors who prefer privacy. However, trading cryptocurrencies with anonymous users is high-risk, as they could be scammers.
Pi Network is one of the few cryptocurrencies not available on decentralized exchanges. This is because Pi has a proprietary token standard that isn’t compatible with major ecosystems like Ethereum and Solana.
We previously explored how to buy Pi coin, if you need help in that respect too.
What to Consider Before Selling Pi Coin
Consider these factors when exploring the best place to sell your Pi coin.
Platform Reputation and Network Security
Use established exchanges with a good reputation in the cryptocurrency market. MEXC and OKX have millions of active daily traders, and they’re considered tier-one platforms by most analysts.
Evaluate what network security controls the Pi exchange features. Key safety tools include biometrics, two-factor authentication, and device whitelisting.
Pi Liquidity
Choose an exchange that offers high liquidity on its Pi Network pairs. This metric secures the best market rates and minimizes slippage.
OKX handled over $30 million worth of PI/USDT trades in the past 24 hours, while at CoinW, it was less than $900,000.
Fees
You’ll likely pay several fees when you sell Pi coin, especially if cashing out to fiat money. Deposit fees are the initial charge to assess. The best Bitcoin exchanges offer free payments when they’re transferred from a private wallet.
Most platforms require users to trade Pi for a major digital asset like USDT, which attracts trading commissions. At MEXC, traders pay just 0.05% per slide when placing market orders, and 0% on limits.
The highest fee is incurred when you convert Pi Coin for Fiat. These fees vary widely depending on the exchange and payment method. For instance, MEXC offers €0.86 for every 1 USDT withdrawn via SEPA Instant, yet the rate drops to €0.78 when using Paysend. Always check conversion rates before you make Pi Coin deposits into the exchange account.
KYC Requirements
Most online exchanges have mandatory KYC requirements when you sell Pi coins for fiat money. The process is often seamless and fast, but you will need an accepted form of government-issued ID. Options typically include passports, driver’s licenses, and state ID cards.
Modern KYC verification uses live video feeds to match your face and ID image. Ensure your device camera meets the minimum specification requirements.
How to Sell Pi Coin Without KYC?
It’s possible to sell Pi Network without completing traditional KYC processes, but it requires extra steps.
- As one of the best no-KYC crypto exchanges, MEXC users can open an account anonymously and withdraw up to 10 BTC daily without providing personal information.
- You can deposit Pi into the MEXC account, swap it for ETH (avoid USDT as you’d also need some ETH for network fees) on the exchange, and withdraw that ETH to a peer-to-peer platform. While MEXC also offers P2P trading, KYC is mandatory to keep buyers and sellers safe.
- Next, sell ETH to a buyer in your home country that uses your preferred payment method. Ensure the buyer sends payment before you release ETH from the escrow wallet.
Withdrawal Times
Nobody wants to wait around for their funds to arrive, so review the typical withdrawal time when selecting an exchange.
MEXC is the best platform for speed, as it usually processes fiat payments almost instantly. Note that exact time frames vary based on the withdrawal method — local transfers (e.g., ACH and SEPA Instant) are the fastest, while international wires often take several days.
When is the Best Time to Sell Pi Coin?
Timing the market is no easy feat, even for experienced cryptocurrency investors. The Pi price fluctuates like any digital asset. Selling today helps you avoid future volatility, although you might also miss out on potential gains.
Some experts argue that Pi’s rapid price decline was inevitable after its widespread airdrop event. Many participants were able to mine Pi coin from day one, potentially reflecting almost six years’ worth of rewards. Those airdrop tokens were essentially free money, so it’s no surprise that Pi dropped over 70% in its first day of trading. This unprecedented crash mirrors other notable airdrops, including Hamster Kombat and Bonk.
Crucially, if you believe that Pi Network has a future, it could be worth holding in the medium or long term. Cryptocurrency experts explain that, as per historical trends, altcoin season could arrive by the end of 2025. This market cycle often triggers bullish price action, where the best altcoins experience substantial gains. This strategy is, however, risky, as the Pi price isn’t guaranteed to increase.
Sell Pi Coin Verdict
We’ve explained the best way to sell Pi Coin in 2025, with MEXC being the overall top choice. MEXC allows users to trade Pi for USDT at near-zero commissions. USDT is converted into local currency and withdrawn via bank transfer and other convenient methods.
The entire process takes less than 10 minutes. However, please note that KYC verification is mandatory, so you’ll need to upload a government-issued ID.
Visit MEXCReferences
- Anti-money laundering (AML) (U.S. Financial Industry Regulatory Authority)
- Does market timing work? (Charles Schwab)
- Pi Network Coin: New crypto crashes over 70% in 24 hours of launch; What should investors do now? Experts weigh in (MSN)
FAQs
Can you turn Pi Coin into USD?
Yes, you can turn Pi coin into USD on the MEXC exchange. Deposit Pi into MEXC, trade it for USDT, and withdraw USD using your preferred withdrawal method.
Can I transfer Pi to exchange?
Yes, exchanges provide a unique deposit address for the Pi Network. You transfer Pi to that address, and the platform should credit the funds a few minutes later.
Can I sell Pi Coin through a decentralised exchange?
No, Pi coin is not available on decentralized exchanges, as it operates on a native token standard. You can only sell Pi coin on centralized exchanges like MEXC and OKX.
What kind of wallet do I need to sell Pi Coin?
You can use any wallet that’s compatible with the Pi Network, although to sell Pi, you must transfer the coins to a suitable exchange. The official Pi wallet for iOS and Android only supports transfers.
Is Pi on Trust Wallet?
Yes, Trust Wallet supports Pi Network and over 100 other blockchain standards.
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