The long-awaited moment for the Pi Network community has arrived: OKX has officially listed PI at $2. Congratulations to all pioneers!
To ensure a secure deposit and sale of Pi on OKX, it’s essential to follow the correct procedures. This guide provides clear, step-by-step instructions to help you transfer and trade your Pi tokens safely.
If you haven’t completed KYC, migrated to Mainnet, or still have locked Pi, make sure to resolve those steps first. Similarly, if you don’t have an OKX account yet, you’ll need to create one to proceed.
Step 1: Access the OKX App
- Open and log in to your OKX account.
- Navigate to the Assets tab located at the bottom right of the screen.
- Tap the blue Deposit button to initiate the Pi deposit process.
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Always ensure you are using the official OKX platform to avoid security risks.
Step 2: Select Pi as the Deposit Currency
- Under the deposit section, choose Deposit Crypto.
- Type Pi into the search bar.
- Select Pi Network from the suggested list.
This action will generate a deposit address specific to your OKX account for receiving Pi.
Step 3: Copy Your OKX Pi Wallet Address
- After selecting Pi Network, a unique wallet address and QR code will be displayed.
- Copy this address by clicking the Copy button.
This is the address you will use to send Pi from your personal wallet to OKX. Always double-check the address before proceeding.
Step 4: Transfer Pi from Your Pi Wallet to OKX
- Open the Pi Browser app and access your Wallet.
- Inside the wallet, select the Send / Request option.
- Paste the OKX wallet address you copied earlier (or scan the QR code for convenience).
- Enter the amount of Pi you wish to deposit.
- Click Send to confirm the transaction.
Transaction times may vary based on network congestion. Ensure you have a stable internet connection during this process.
Step 5: Check the Deposit Status
Blockchain processing can take a few minutes. You can monitor the status of your deposit:
- On OKX: Track the deposit progress in the Assets section under transaction history.
- On Pi Browser: Review the transfer log in your Wallet’s History tab.
Once the Pi is credited to your OKX Funding Account, you can proceed to the next steps.
Step 6: Transfer Pi to Your OKX Trading Account
Pi deposited from an external wallet arrives in your OKX Funding Account. To trade or sell it, you must first transfer it to your Trading Account:
- In the OKX app, go to Assets.
- Select Transfer.
- Choose From: Funding Account and To: Trading Account.
- Select PI as the asset.
- Enter the amount of Pi you want to transfer.
- Review the details and confirm the transfer.
This internal transfer is instantaneous and prepares your Pi for trading.
Step 7: Sell Pi on OKX
With Pi now in your Trading Account, you can execute a sell order:
- Go to the Trade section on OKX.
- Search for the PI/USDT trading pair.
- Select Market Order to sell immediately at the current market price.
- Alternatively, choose Limit Order to set a specific selling price.
- Enter the quantity of Pi you wish to sell.
- Review all details and click Sell to complete the transaction.
Congratulations! Your Pi has now been converted to USDT. You can hold it, trade other pairs, or withdraw it to your bank account via P2P services.
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Frequently Asked Questions
How long does a Pi deposit to OKX take?
Deposit times can vary based on network confirmation speed. Typically, it takes between 5 to 30 minutes. You can always check the status in your transaction history.
What are the fees for depositing and selling Pi?
OKX does not charge a fee for depositing Pi. However, a small trading fee applies when you execute a sell order. Always check the latest fee schedule on the platform.
Can I transfer locked Pi to OKX?
No, only migrated, unlocked Mainnet Pi can be withdrawn and transferred. Ensure your Pi is fully unlocked and in your personal wallet before attempting to send it.
Is it safe to keep my Pi on OKX?
While OKX employs robust security measures, for long-term storage, it is generally recommended to use a personal non-custodial wallet for greater control over your assets.
What should I do if my deposit doesn’t appear?
First, check the transaction hash (ID) on the Pi blockchain explorer. If the transaction is confirmed but not showing on OKX, contact OKX support with the necessary details.
Can I trade Pi for other cryptocurrencies besides USDT?
Yes, depending on market availability. OKX may offer other trading pairs like PI/BTC or PI/ETH. Check the exchange’s markets section for all available options.
This guide was updated to reflect the latest procedures. Always refer to official OKX announcements for the most current information.