Pi Network has been one of the most talked-about crypto projects in recent years, promising a decentralized, user-friendly digital currency that anyone can mine on their phone.
However, the biggest question on everyone’s mind is: “How do I withdraw my Pi Coin and convert it to real money?”
If you’ve been mining Pi for years and are finally ready to withdraw and sell your Pi Coin, this guide will walk you through the exact steps.
I’ll explain what you need to do, the requirements, and common mistakes to avoid, so you don’t get stuck in the process.
See: Humanity Protocol Testnet Airdrop: How to Join
Is Pi Coin Withdrawable?
Before we dive into the process, let’s address the elephant in the room. Can you withdraw Pi Coin?
Yes, but only if you’ve completed all the necessary steps within the Pi Network ecosystem.
You cannot directly withdraw Pi from the Pi Network app unless you’ve passed KYC (Know Your Customer) verification, migrated your Pi to the Mainnet, and unlocked your transferable balance.
Without these steps, your Pi remains in the Mining Phase, meaning it’s not yet usable or tradable.
Now, let’s get into the actual withdrawal process step by step.
Step 1: Complete KYC Verification
The first and most important requirement for withdrawing Pi Coin is KYC verification. This is how Pi Network ensures that real people (not bots) hold Pi.
How to complete KYC in Pi Network:
- Open the Pi Network App and go to the KYC section.
- If you have received a KYC invitation, follow the steps to submit your government-issued ID, selfie verification, and other required details.
- Wait for the Pi Core Team to approve your KYC. This may take time, as verification is being rolled out in phases.
Without KYC, you cannot withdraw Pi, no matter how much you’ve mined.
Step 2: Set Up Your Pi Wallet
Once KYC is approved, you need a Pi Wallet to store and manage your Pi before withdrawal.
How to create a Pi Wallet:
- Download the Pi Browser App from the Pi Network website or app.
- Open Pi Browser and select Pi Wallet to generate a new wallet.
- Save your 12-word secret phrase somewhere safe. This phrase is crucial—losing it means losing access to your wallet permanently.
- Confirm your wallet setup and link it to your Pi Network account.
Your wallet is where your Mainnet Pi will be stored before you can withdraw or transfer it.
Step 3: Migrate Your Pi to the Mainnet
After setting up your wallet, you need to transfer your Pi from the app to the Pi Mainnet. This is known as Mainnet Migration, and it’s essential for withdrawal.
Steps to migrate Pi to Mainnet:
Open Pi Browser and log in.
Click on Mainnet Checklist and complete all 9 steps, including:
- Wallet setup confirmation
- Linking your wallet
- Agreeing to terms and conditions
- Confirming your locked balance
Once all steps are completed, your Pi will migrate to your Pi Wallet within a few weeks.
This step is crucial because Pi Coins in the mining phase cannot be withdrawn until they are migrated to Mainnet.
Step 4: Unlock Your Available Pi Balance
Even after migration, some of your Pi Coins may be locked due to the Lockup Setting you chose during migration.
Pi Network allows users to lock a percentage of their coins for a period (e.g., 6 months, 1 year, or 3 years) to support the network’s stability.
If you locked all your Pi, you won’t be able to withdraw until the lockup period expires.
How to check and unlock your Pi balance:
- Open Pi Wallet in the Pi Browser.
- Under Locked and Unlocked Balances, check how much Pi is available for withdrawal.
- If a Move button appears, click it to transfer the unlocked Pi to your available balance.
Once you have Pi in your available balance, you can finally withdraw it.
Step 5: Withdraw Pi to an Exchange
Now that your Pi is in your available balance, it’s time to transfer it to a crypto exchange where you can sell it.
Pi is expected to list on multiple centralized exchanges (CEXs) and decentralized exchanges (DEXs) once the Open Mainnet goes live.
As of now, some exchanges have pre-listed Pi, but official trading will begin when the Pi Network team announces Open Mainnet.
How to withdraw Pi to an exchange:
- Find an exchange that supports Pi withdrawals (e.g., OKX, BitMart, HTX, or other future listings).
- Copy your Pi deposit address from the exchange.
- Open Pi Wallet, click Send, and paste the exchange deposit address.
- Enter the amount of Pi you want to withdraw and confirm the transaction.
- Wait for the transfer to complete (this may take a few minutes to hours, depending on network congestion).
💡 Important: Always double-check the wallet address before sending. Crypto transfers are irreversible—if you send Pi to the wrong address, it’s gone forever
If you’re still unable to do it, check out this video:
Step 6: Sell Your Pi for USDT or Fiat
Once Pi is in your exchange wallet, you can sell it for USDT, Bitcoin, or fiat currency (depending on the exchange).
How to sell Pi Coin:
- Go to the trading section of the exchange.
- Find the Pi/USDT trading pair (or another available trading pair).
- Place a sell order at the market price or set a limit order.
- Once the sale is complete, you’ll receive USDT, which you can withdraw to your bank or another wallet.
Final Thoughts: Is It Worth Withdrawing Pi?
Withdrawing Pi Coin is not mandatory—some users may prefer to hold their Pi and wait for higher adoption and value appreciation.
However, if you’re eager to cash out, you must complete all necessary steps (KYC, migration, unlocking, and exchange withdrawal).
As Pi Network moves towards Open Mainnet, more options will become available for Pi withdrawals, payments, and trading.
If you plan to hold Pi, keep an eye on future developments and exchange listings.
FAQs
Can I withdraw Pi Coin without KYC?
No, Pi Network requires KYC for Mainnet migration and withdrawals.
Why is my Pi balance locked?
Your Pi is locked based on the Lockup Setting you selected during migration. Locked Pi cannot be withdrawn until the lockup period expires.
Which exchanges support Pi Coin?
OKX, BitMart, and a few others have pre-listed Pi, but official trading depends on Pi Core Team’s Open Mainnet launch.
When will Pi become fully withdrawable?
Pi is expected to fully launch Open Mainnet soon, allowing unrestricted withdrawals and trading.
That’s it for this guide! If you’ve been wondering how to withdraw Pi Coin, now you know exactly what to do. If you found this helpful, feel free to share it with other Pi miners who are trying to withdraw their coins too.
Hridoy has been deep into the crypto world since 2019, starting with airdrops and later diving into trading and investing. Despite his experience, he still loves the thrill of free mining and believes in helping others earn from it too. Through his insights, he aims to make crypto accessible to everyone.
