Pi Network, a mobile - centric cryptocurrency project, has completed its long - awaited journey with the launch of its mainnet on February 20, 2025. Many users who have been mining Pi for years are now eager to know how to sell their Pi coins. Here are the steps:
Step 1: Transfer Pi Coins to an ExchangeAfter the mainnet goes live, the first thing you need to do is transfer your Pi coins from the Pi Network Wallet to an exchange that supports Pi trading, such as Bitget or OKX. To do this, open the Pi browser and navigate to your Pi Network Wallet. Unlock your wallet using your password. Then select “Payment/Request” and then “Manually Add Wallet Address”. Next, go to Bitget or another Pi - supported exchange. In the deposit section, search for Pi Coin and copy your unique deposit address. Paste this address into your Pi wallet and initiate the transfer.It's important to note that if Pi is still in the closed mainnet, you won't be able to sell it. You need to complete the KYC (Know Your Customer) process and migrate to the mainnet first.
Step 2: Sell Pi CoinsBitget officially announced that spot trading of Pi will start at 8:00 AM (UTC time) on February 20, 2025. Once the market opens, you can go to Bitget or other exchanges. There are two main ways to sell Pi coins: - Spot Market Trading: You can trade PI/USDT in the spot market. This is a common way to exchange your Pi coins for USDT, a stablecoin. - P2P Trading: You can also engage in peer - to - peer trading to exchange Pi coins for fiat currency and then deposit it into your bank account.However, before selling, make sure you've completed the KYC process for Pi. This ensures a smooth transfer of your coins. The market reaction after the mainnet launch is highly anticipated. After the mainnet launch announcement, the price of Pi coins reached $92. It will be exciting to see how the market reacts when exchanges like Bitget, OKX, and HTX start trading it.
FAQ: Q: Can I sell Pi coins immediately after the mainnet launch? A: If Pi is still in the closed mainnet, you can't sell it. You need to finish the KYC process and migrate to the mainnet first. Only then can you transfer your Pi coins to an exchange and sell them.
Pi Network has a market capitalization supported by over 10 million members, reaching $41 billion even in a downturn. The total number of currently circulating PI tokens is 9.7 billion, with 1 billion more tokens to be unlocked gradually over time.Pi coins have experienced a typical pump - and - dump cycle. After the mainnet launch, the initial hype quickly faded as traders rushed to lock in their profits, causing a significant price drop. However, some analysts are still hopeful. They believe that the large trading volume indicates strong market interest, which could pave the way for a potential price rebound.One of the key factors that could drive the price up is the listing of Pi Coin on major exchanges like Binance and Coinbase. These exchanges have a large user base and high liquidity, which would increase the demand and reputation of Pi Coin. A listing on Binance and Coinbase would expose Pi Coin to millions of new investors worldwide.
FAQ: Q: Why is the listing on Binance and Coinbase so important for Pi Coin? A: Binance and Coinbase have huge user bases and high liquidity. Their listings would introduce Pi Coin to millions of new investors globally, which could significantly increase the demand and reputation of Pi Coin.
While the provided information doesn't directly address whether XRP will reach $10, we can analyze some general aspects. The cryptocurrency market is highly volatile and is influenced by multiple factors such as market sentiment, regulatory news, technological developments, and macro - economic conditions.XRP has its own unique market dynamics. In the past, it has experienced significant price fluctuations. For XRP to reach $10, it would require a combination of positive factors. For example, if Ripple (the company behind XRP) achieves more successful partnerships with financial institutions around the world, it could increase the utility and demand for XRP. Also, a favorable regulatory environment for XRP would be crucial. Positive regulatory decisions can boost market confidence and attract more investors.However, there are also many uncertainties. Regulatory crackdowns in some regions could limit its growth. Moreover, competition from other cryptocurrencies also poses a challenge. Newer and more innovative blockchain projects may emerge, diverting investors' attention and funds from XRP.
FAQ: Q: What are the main factors that could help XRP reach $10? A: Successful partnerships with financial institutions, a favorable regulatory environment, and increased adoption of XRP for cross - border payments and other use cases could contribute to XRP reaching $10. But these are all subject to market uncertainties.
For Pi coin holders, the mainnet launch provides an opportunity to sell their coins. By following the proper steps of transferring to an exchange and choosing the right trading method, they can cash out their Pi coins. However, it's important to stay informed about the market situation and complete all necessary procedures like KYC.As for XRP, while reaching $10 is not impossible, it depends on a complex interplay of various factors in the highly volatile cryptocurrency market. Investors should conduct thorough research (DYOR) and carefully consider their investment strategies based on their risk tolerance and investment goals.
Overall, both Pi Coin and XRP are part of the ever - evolving cryptocurrency landscape, and their future prices and market performance are full of uncertainties and opportunities.