Pi Network has transitioned to its Mainnet, and many users are now exploring ways to convert their mined Pi coins into real-world value. OKX stands out as the first major exchange to support Pi trading, making it the go-to platform for cashing out Pi coins. This guide provides a step-by-step walkthrough of the entire process—from transferring your Pi to selling it on OKX.
Understanding Pi Network and the Role of OKX
Pi Network is a mobile-based cryptocurrency project that allows users to mine coins directly from their phones. With the Mainnet now active, Pi coins have real blockchain utility—but they aren’t yet tradable on most exchanges.
OKX is one of the first globally recognized exchanges to list Pi, providing liquidity and a reliable marketplace for Pi holders. If you're looking to sell your Pi, transferring it to OKX is currently the most practical method.
Step-by-Step Process to Sell Pi Coins
1. Prepare Your Pi Mainnet Wallet and Complete KYC
Before any transfer can occur, you must have a functional Pi Mainnet Wallet and pass Pi’s mandatory KYC (Know Your Customer) verification.
- Ensure you’ve completed the Mainnet Checklist, including Mainnet Migration tasks.
- Finish the KYC process inside the Pi Browser app to enable transfers.
2. Create and Verify an OKX Account
To receive and trade Pi, you’ll need an OKX account. Registration is straightforward, but account verification is essential for full trading and withdrawal capabilities.
- Sign up for an OKX account using your email or phone number.
- Complete identity verification (KYC) to lift account limits.
- Consider downloading the OKX mobile app for easier management.
👉 Start trading Pi on OKX today
3. Transfer Pi Coins to OKX
Once your OKX account is set up, you can deposit your Pi coins from your Pi Wallet.
- In your OKX account, navigate to “Assets” and find the deposit address for Pi.
- Copy that address and use it in your Pi Wallet to send Pi to OKX.
- Confirm the transaction. Transfers may take some time depending on network conditions.
4. Sell Pi Coins on OKX
After your Pi deposit is confirmed, you can sell it through OKX’s spot trading market.
- Check that your Pi balance is available in your OKX funding account.
- Go to “Trade” and select the PI/USDT trading pair.
- Choose between a market order (instant sale at current price) or a limit order (set your desired price).
What to Do After Selling Pi Coins
Option 1: Cash Out to Your Bank Account
If you wish to withdraw cash, you can convert your Pi proceeds into fiat currency. One common method is to use a licensed exchange that supports local banking.
- Transfer USDT from OKX to a platform that supports TWD (New Taiwan Dollar) withdrawals.
- Sell USDT for TWD and initiate a bank transfer.
Option 2: Reinvest in Other Cryptocurrencies
You might also consider holding or diversifying into other digital assets like USDT, BTC, or ETH. OKX offers a wide range of trading pairs, making reinvestment simple.
Option 3: Stay Engaged with the Pi Community
The Pi ecosystem is still evolving. Join community groups or forums to keep up with project news, trading signals, and market insights.
Frequently Asked Questions
Q: Is it safe to transfer Pi to OKX?
A: Yes, OKX is a well-established global exchange with strong security protocols. Always double-check deposit addresses before sending.
Q: How long does a Pi transfer to OKX take?
A: Transfer times can vary. Mainnet transactions usually confirm within a few hours, but during high traffic, it may take longer.
Q: Can I trade Pi on other exchanges?
A: Currently, OKX is one of the few major exchanges supporting Pi. Always check the latest listings before proceeding.
Q: Do I have to complete KYC on both Pi and OKX?
A: Yes. KYC is required on Pi Network to enable transfers and on OKX to enable trading and withdrawals.
Q: What trading pairs are available for Pi on OKX?
A: PI/USDT is the most common pair. You can sell Pi for USDT and then trade that for other cryptocurrencies or fiat.
Q: Are there fees for selling Pi on OKX?
A: OKX charges a small trading fee (usually 0.1% per transaction). Withdrawal fees may also apply depending on the asset and network.
Final Thoughts
Selling Pi coins is now possible thanks to OKX’s support. By following the steps above—completing KYC, transferring Pi, and executing trades—you can convert your Pi holdings into other cryptocurrencies or cash.
Remember to perform due diligence at each step, keep your accounts secure, and consider the tax implications of crypto sales in your region.