Key takeaways
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Set up your Pi Wallet and secure it with a 24-word seed phrase before transferring your coins.
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KYC is often required on both CEXs and P2P platforms to transfer and sell Pi Coins.
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You can sell Pi through CEXs or P2P platforms, each offering different security, speed and control.
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Always do your own research (DYOR) before selling or holding, as expert opinions on Pi’s future vary.
If you’re here, you probably already know what Pi Coin is and just want to figure out how to sell it. However, a recap awaits, in case you need one.
While the project pitches itself as a way to democratize crypto access through mobile mining, there are some major concerns that have been hard to ignore:
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Pi claims over 60 million users, but blockchain explorers show only about 9.11 million wallets, with daily active users closer to 20,000.
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Six years after launch, the Pi mainnet is still technically “enclosed,” with full control held by the core team.
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Inflation is a major issue: The circulating supply doubled in just a year, sitting at around 5.56 billion tokens as of early 2025.
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The mandatory Know Your Customer (KYC) process raises serious privacy concerns, especially with user data being handled by regional validators.
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Heavy reliance on in-app advertising, despite low operating costs, and tactics designed to keep users engaged without clear utility.
Now let’s talk price
Pi Coin reached an all-time high of about $2.98 in late February 2024 when early trading started appearing on selected exchanges. Since then, it’s been almost a straight downward slide.
As of April 28, 2025, Pi Coin (PI) is trading around $0.62, which means it has fallen by roughly 79% from its peak. Even worse, it’s not showing signs of recovery; the price is hovering dangerously close to its all-time low, with thin liquidity and decreasing volume across most exchanges.
So, with mounting concerns about the project’s future and the market showing little faith, many early miners and holders are deciding it might be time to abandon ship.
Here’s exactly how you can do that — step-by-step.
Did you know? The Pi Ad Network, launched in 2024, allows developers to monetize their apps by displaying ads within the Pi ecosystem. Advertisers pay in Pi, creating a circular economy where developers earn Pi for user engagement, and users benefit from relevant advertisements.
Setting up your Pi Wallet
Once you’ve decided to sell your Pi Coin, the first step is getting your coins into a wallet you control, and…
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