How to Send Pi Network Coins to Crypto Exchanges: A Guide for Beginners

Bittime - Along with development Pi Network which is growing rapidly, many users want to know how to trade the Pi Coin they have mined. 

Even though the token is not currently listed on a crypto exchange, the following steps will help you prepare to sell Pi Coin when it becomes available on an exchange.

Step 1: Create an Account on a Crypto Exchange

To be able to sell Pi Coin, you need to create an account on a crypto exchange. Here are the steps:

- Register via the exchange website or mobile application.

- Enter your email address or telephone number.

- Create a secure password and complete the registration process.

- Verify your identity through the KYC process to be able to trade and withdraw.

Read too How Much Is 1000 Pi Network? The IDR Value Is Surprising

Step 2: Transfer Pi Coin to Exchange

Once Pi Coin is listed on an exchange, you will need to transfer tokens from your Pi Network wallet to your exchange account. Following are the steps to follow:

- Open the Pi Network application and access your wallet.

- Copy the deposit address for Pi from your exchange account.

- Paste the deposit address into the Pi Network application and confirm the transaction.

- Wait until the transfer is confirmed on the blockchain.

Step 3: Find Pi Coin Trading Pairs

Once your tokens have been successfully deposited into your exchange account, you can start trading. Here are the steps:

- Go to the trading section of the exchange.

- Look for trading pairs that involve Pi, such as PI/USDT or PI/BTC.

- Analyze token prices to see trends and liquidity.

Read too How to Buy Tether USDT (USDT)

Step 4: Sell Pi Coins

Once everything is ready, you can start selling Pi Coins. Here are the steps:

- Select the type of order you want to place, be it a market order (sell directly at the market price) or a limit order (sell at the desired price).

- Enter the number of Pi you want to sell.

- Review the transaction details and click the sell button to complete the transaction.

Your Pi Coin will be exchanged for stablecoins or other crypto assets according to the selected trading pair. After that, you can withdraw funds or continue trading further.

Read too Pi Network: Easy Guide to Selling Pi Coin, How to Withdraw, and Liquidate It

Tips for Selling Pi Coins

- Monitor prices: Always update information regarding token prices in your chosen currency to make better decisions when the price reaches the target.

- Stay informed: Follow announcements regarding trading features and updates from the exchange where you trade.

- Enable additional security: Use two-factor authentication (2FA) and a strong password to protect your account from potential hacks.

By following this guide, beginners can easily prepare themselves to sell Pi Coins when the time comes. Make sure to always do research and pay attention to the latest developments in the crypto world.

Read more Pi Network: Interesting Facts, Tokenomics, and Price at Listing

FAQ about Pi Network Coin

1. Can Pi Coin be traded?

Currently, Pi Coin is not officially listed on any crypto exchange. Users should wait for an official announcement from the Pi Network team regarding the launch and trading of the token.

2. Is it safe to store Pi Coin in the Pi Network wallet?

Yes, the Pi Network wallet is designed to store your tokens safely. Make sure you protect your private key and recovery phrase properly so you don't lose access.

3. Do I need to pay to mine Pi Coin?

No, mining Pi Coin is completely free. You only need to install the Pi Network application and press the mining button every 24 hours without using large computing power.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

OKX Learn, How to sell Pi coin when it is listed, Accessed February 18, 2025

Author: IN