A Step-by-Step Guide for 2025

Steps to Buy Pi Coin

As Pi Network transitions to Open Mainnet, exchanges are preparing to enable Pi trading. Trading is set to begin on February 20, 2025.

1. Create an Exchange Account and Complete KYC

First, sign up on an exchange that supports Pi Coin. For this guide, we’ll use OKX, but platforms like Bitget follow similar steps.

• Visit OKX.com, register for an account, and complete the KYC process.
• KYC involves uploading your ID and taking a selfie for verification.
• After verification, you can deposit funds and prepare for trading.

2. Deposit Funds (USDT or Fiat) to Your Account

Pi Coin will trade against USDT. Here’s how to fund your account:

• Deposit USDT from another wallet (fastest method).
• Buy USDT with fiat using a credit card, bank transfer, or P2P trading.
• If you already hold crypto on OKX, convert it to USDT.

3. Wait for Pi Trading to Begin

Pi trading isn’t live yet, but here are the key dates:

• Deposits open: February 12, 2025, at 2:45 AM UTC
• Call auction period: February 20, 2025, from 7:00 to 8:00 AM UTC
• Spot trading starts: February 20, 2025, at 8:00 AM UTC
• Withdrawals available: February 21, 2025, at 8:00 AM UTC

4. Place a Buy Order (PI/USDT)

Once trading opens, you can purchase Pi Coin using two order types:

• Limit Order: Place an order at your preferred price. Available during the first five minutes.

Trading Restrictions at Launch:

• Maximum limit order value: $10,000 per user
• Maximum net position size: $10,000 per user

You can hold your Pi on OKX or transfer it to a wallet once withdrawals open.

Where to Buy Pi Coin

Several exchanges will list Pi Coin on February 20, 2025:

• OKX: Confirmed listing with a detailed schedule.
• Bitget: Also set to list Pi Coin on the same day.
• Binance: May list Pi Coin soon, but no official confirmation yet.

Beware of Pi IOUs on Some Platforms

Some exchanges, such as HTX (Huobi) and BitMart, trade Pi IOUs, which are placeholders for the real Pi Coin. These IOUs are speculative and do not represent Pi’s actual value. The true market price will emerge only after official trading begins on platforms like OKX and Bitget.

Who Already Holds Pi Coins?

Millions of people hold Pi Coins from the mobile mining phase during the Enclosed Mainnet period. Pi Network used a mobile-friendly mining process that allowed users to earn Pi without high-end equipment. Until now, holders could not trade their coins externally. However, with Open Mainnet and new listings, they can finally trade or transfer their coins.

What to Expect When Pi Coin Goes Live on Exchanges

• A large number of coins may enter the market as early miners sell their holdings.
• High volatility is likely due to speculative buying and selling (FOMO).
• The price may fluctuate before stabilizing.

Should You Buy Pi Coin Now or Wait?

Pi Coin’s listing marks a shift from speculation to actual market trading. Early miners may sell, causing price swings. If you believe in Pi’s long-term potential, consider holding rather than chasing quick gains. As always, do your research and monitor market trends before making a decision.