Introduction to Pi Coin
Pi Network has finally launched the Open Mainnet, allowing users to purchase Pi coin on various exchanges. After years of speculation and debate, Pi has hit the markets in 2025. Here’s a comprehensive guide on how one can buy Pi coin and what you have to know.
Key Takeaways
- Pi Coin trading is survive several centralized and decentralized exchanges, including OKX, CoinW, and Bitget.
- Existing Pi miners selling their coins has created high levels of volatility within the early stages.
- Pi IOUs should not real Pi coins, and only Pi-specific trading pairs like Pi/USDT are credible.
How to Buy Pi Coin
To buy Pi coin, you have to follow these steps:
- Sign up on a supported exchange: Create an account on a supported exchange, equivalent to OKX, and complete the Know Your Customer (KYC) verification process.
- Deposit funds: Deposit USDT or fiat into your exchange account.
- Place a buy order: Place a buy order for PI/USDT, either as a limit order or a market order.
- Withdraw Pi to a secure wallet: Once you have bought Pi, withdraw it to a secure wallet to make sure its safety.
Detailed Guide to Buying Pi Coin
1. Sign up on a Supported Exchange and Complete KYC
Before buying Pi coin, you have to join on a supported exchange and complete the KYC verification process. This example uses OKX, however the steps are similar on other exchanges. Go to the exchange website, register, and upload your ID and take a selfie to finish the verification process.
2. Deposit Funds into Your Exchange Account
Pi coin is traded against USDT, so you’ll have to deposit USDT into your exchange account. You can deposit USDT from one other wallet or buy it using fiat.
3. Trade Pi Coin
Pi coin is offered for trading on several exchanges. You can place a buy order for PI/USDT, either as a limit order or a market order. Be aware that Pi coin’s early volatility has triggered key price levels quickly, making it difficult to set "take profit" and "stop loss" orders.
Where to Buy Pi Coin
Pi coin is listed on several exchanges, including OKX, CoinW, and Bitget. Some exchanges have also listed Pi IOUs, that are speculative assets traded as a placeholder for Pi coin. However, Pi IOUs don’t represent the actual value of Pi coin.
Do Holders Have Pi Coins Already?
Yes, hundreds of thousands of individuals already hold Pi coins, which were gathered through a singular mining process that allowed users to mine Pi coins without expensive mining rigs. With the exchange listings, holders can finally move their Pi coins to exchanges and trade them for other assets.
Should You Buy Pi Coin Now or Wait?
With Pi coin finally hitting exchanges, the market has shifted from speculation to real trading. However, prices are seeing high volatility as a consequence of early miners offloading their assets. It’s beneficial to purchase only should you’re a long-term Pi believer and to do your individual research while waiting and looking ahead to the costs and holding patterns to settle.
Conclusion
In conclusion, buying Pi coin is a comparatively straightforward process that involves signing up on a supported exchange, depositing funds, placing a buy order, and withdrawing Pi to a secure wallet. However, it’s essential to pay attention to the high volatility and potential risks involved. Always do your individual research, and never invest greater than you’ll be able to afford to lose. As with any investment, it’s crucial to proceed with caution and consider your individual financial goals and risk tolerance before making a choice.
