Pi Network: Is It Really Worth Selling in 2025?

You’ve been hearing about Pi Coin for years, and you probably already know it exists. But now you’re facing the big question: is it time to sell Pi Network or keep waiting? Before learning how to do it, you need to understand what’s really happening with the project.

The Reality Behind Pi Network: Data You Need to Know

Here’s the full picture. Pi Network claims to have over 60 million users, but blockchain explorers reveal a different story: there are only about 9.11 million real wallets, with just 20,000 daily active users. That is a significant gap we cannot ignore.

Six years after its mainnet launch, Pi Network is still technically a “closed” system, fully controlled by the central team. Inflation is another critical issue: the circulating supply doubled in just one year, reaching around 5.56 billion tokens by early 2025.

The mandatory identity verification process (KYC) has raised serious privacy concerns, especially when regional validators handle personal data. And although operational costs are low, the project heavily relies on in-app advertising and engagement strategies without a clear utility defined.

The Price: A Story of Constant Decline

By the end of February 2024, Pi Coin reached its all-time high close to $3.00 during initial transactions on certain exchanges. Since then, the decline has been almost continuous.

Current data shows Pi Coin trades around $0.21, representing a drop of approximately 93% from its all-time peak. Even worse, it shows no signs of recovery; the price dangerously hovers near its all-time lows, with low liquidity on most platforms and decreasing trading volume.

In this scenario, many miners and early holders are questioning whether it’s time to exit the project.

Step 1: Prepare Your Pi Wallet

Before selling, you need to have your coins in a wallet you control. Download the Pi browser from Google Play Store or App Store. Once installed, go to the ‘wallet.pi’ page within the app and start setting up your Pi wallet.

Here’s the critical part: when creating the wallet, you’ll receive 24 recovery phrases. Pi Network does not store your password. If you lose them, you’ll permanently lose access to your wallet and your Pi. Write down these phrases, store them offline, and keep them in a safe place. This step is irreversible.

Step 2: Complete KYC Verification

To actually transfer your Pi Coins, you’ll need to complete the (Know Your Customer) (KYC) process. Open your Pi Network app, go to the KYC section, and follow the instructions to verify your identity by uploading identification documents.

Once your KYC is approved, you’ll unlock the ability to transfer your mined coins. Head to the mainnet verification list in the app for the final steps.

Important note: Transfers are not always instant. If the network is busy, there may be delays. Make sure your app is updated and you’ve completed all required steps.

Despite the transition to open mainnet in February 2025, users still must use the official Pi wallet for withdrawals, citing security and KYC requirements.

Step 3: Choose Your Selling Method

You have two main options:

Option A: Centralized Exchanges (CEX)

CEXs offer the easiest experience. They are structured platforms where transactions are quick, and there is generally higher demand from buyers.

Gate.io lists the PI/USDT pair with trading fees of 0.1%. It requires full KYC verification but offers a secure and reliable environment. Regardless of the platform you choose, remember that liquidity is crucial: the more active the market, the better prices you’ll get. Compare available pairs (PI/USDT, PI/USD, etc.) and fees before deciding.

Option B: P2P Platforms (Person-to-Person)

If you prefer more flexibility and dealing directly with other users, there are specialized P2P platforms. However, this involves more risk and requires caution.

Security measures for P2P:

• Always use escrow services to hold funds until both parties confirm
• Carefully verify who you’re trading with
• Never share unnecessary personal or banking information
• If it’s your first time, start with a small amount to test reliability

A relevant fact: in 2022, losses from P2P transaction frauds in the United States reached an estimated $1.7 billion, marking a 90% increase over the previous year.

Practical Guide: Sell on a CEX

Step 1: Create an account on a cryptocurrency platform that supports Pi (like Gate.io). Register as you would on any online service.

Step 2: Complete identity verification by uploading documents and sometimes a selfie video. It’s mandatory.

Step 3: Go to the ‘Deposit’ section, select Pi Coin, and get the special wallet address. Copy it carefully.

Step 4: In your Pi wallet, paste the address and send your coins. Transfers may take depending on network traffic.

Step 5: When your Pi Coins appear in your balance, go to the trading area and find the correct pair (generally PI/USDT).

Step 6: You can sell at the market price for immediate sale, or set a limit order if you expect a better price.

Step 7: Once sold, you’ll have USDT in your account. From there, you can withdraw funds, convert to fiat (dollars, euros), and transfer to your bank, or move your crypto to another wallet.

To Sell Now or Wait?

Some analysts still see potential in Pi Network. They predict optimistic scenarios where Pi could reach higher prices under specific conditions: a full launch of the mainnet without restrictions, growing adoption, and better overall market conditions.

But here’s the truth: these are predictions, not guarantees. The future of Pi Network is uncertain. That’s why the golden rule is: do your own research (DYOR).

Verify sources, stay skeptical, and always consider your own financial goals and risk tolerance. Whether you decide to sell now or wait, make sure it’s a choice you’re comfortable with and fits into your broader financial outlook.

Remember: Every investment and trading move involves risk. Readers should conduct their own research before making any decision.