Pi Coin (Pi Network) Complete Transaction Guide: The Entire Process from Mining to Cashing Out (2026)

Finally, the moment has arrived! Pi Network (PI) officially launched its mainnet in February 2025. The Pi coins accumulated through mobile mining can now be traded in real markets. As of 2026, the Pi/USDT trading pair has been steadily operating on multiple mainstream exchanges, with a current price of approximately $0.20, and a 24-hour decline of -2.74%. This article will provide a detailed guide on how to deposit Pi coins into trading platforms and buy or sell to realize profits.

What is Pi? The Identity Transformation of Pi Coins

Pi was once just a mobile mining app, but it has now developed into an official blockchain project. What is Pi? Simply put, it is a Layer 1 public blockchain based on the Stellar Consensus Protocol (SCP), dedicated to enabling ordinary users to participate in the crypto network.

• User base: Over 50 million community members
• Launch time: Mainnet officially opened in February 2025
• Trading support: Pi/USDT trading pairs are available on major exchanges
• Consensus mechanism: Uses SCP protocol to ensure fast transfer speeds and low costs

Preparations Before Depositing

Before depositing, ensure the following key points:

1. Wallet status check: Confirm your Pi wallet has completed mainnet migration (Migrated). Only migrated Pi coins (Available Balance) can be transferred. Staked Pi coins need to wait until the staking period ends.

2. Exchange selection: Choose mainstream exchanges that support Pi deposits and withdrawals. Currently, many well-known platforms have opened Pi trading pairs.

3. Network confirmation: Be sure to select the correct Pi Network network during deposit; choosing the wrong one may result in asset loss.

How to Deposit Pi Coins

Step 1: Obtain deposit address and memo

Log into your exchange account and go to the deposit page:

1. Enter PI in the search bar
2. Select the network as Pi Network
3. The system will generate a deposit address and a Memo
4. Important reminder: Do not omit the Memo field; missing this information will prevent your assets from arriving

Step 2: Send transfer via Pi Browser

Open the Pi Browser app to perform the transfer:

1. Navigate to Wallet.pi
2. Tap “Send”
3. Paste the exchange’s deposit address into the Recipient Address field
4. Enter the provided memo number into the Memo field
5. Input the transfer amount, confirm the fee, and send

Step 3: Wait for the funds to arrive

Since Pi’s mainnet uses the SCP protocol, transfer speeds are very fast. Usually, funds will be visible in the exchange account within 1-5 minutes.

Buying and Selling Pi on Exchanges

Selling for Cash

If you want to exchange Pi coins for stablecoins:

1. Search for the PI/USDT trading pair on the platform
2. Select “Sell”
3. Choose the trading method:
   • Limit Sell: Set a target price and place an order to wait for execution
   • Market Sell: Sell immediately at the best current market price
4. After the trade completes, you will receive USDT, which can be further exchanged for fiat currency for withdrawal

Buying for Investment

If you are optimistic about Pi’s future ecosystem development, you can buy on dips:

1. On the PI/USDT trading page, select “Buy”
2. Enter the purchase amount
3. After placing the order and completing the transaction, Pi coins will be credited to your account

Pi Market Outlook

Current Market Performance

According to the latest data, Pi Network demonstrates a stable market foundation:

• Real-time price: $0.20
• 24-hour trading volume: $1.56M
• Market cap: $1.70B
• Recent trend: 24-hour decline of -2.74%

Ecosystem Development Highlights

With the stable operation of the mainnet, Pi’s application scenarios are expanding:

• DApp ecosystem maturity: Decentralized applications are increasing, covering e-commerce, travel booking, and more, enhancing Pi’s practical value
• Community base: Over 50 million users provide strong liquidity support
• Technical reliability: Successful application of SCP consensus mechanism proves the feasibility of mobile mining mode

Frequently Asked Questions

Q1: What if I forget to fill in the Memo during deposit?

This will prevent your funds from arriving. Immediately contact the exchange’s customer service, provide the transaction hash (TXID) and relevant screenshots. Customer support may need to handle it manually, which could take some time and incur fees. Be cautious next time.

Q2: Why did my transfer fail?

The most common reason is that your Pi wallet has not completed mainnet migration. Check your Available Balance; only Pi coins migrated to the mainnet can be transferred. Assets still in staking are locked and need to wait for unlocking.

Q3: Can I still mine Pi?

Technically, mining is still possible, but the output has been greatly reduced. Currently, the most efficient way is to buy directly on exchanges.

Investment Advice and Risk Warning

• Confirm the correct network selection before depositing to avoid asset loss
• Safeguard your exchange account information and enable two-factor authentication for security
• Pi’s price is volatile; invest cautiously
• Do not omit any required fields during transfer, especially the Memo

Next Steps

If you hold Pi coins, now is a good time to convert them into liquid assets. Follow the above steps to deposit Pi into mainstream exchanges, and buy or sell according to market conditions to realize asset appreciation.