Pi Network has finally announced the long-awaited mainnet launch, enabling users to transfer and trade their Pi coins. This guide provides a comprehensive, step-by-step tutorial on securely transferring Pi coins from your Pi Network mainnet wallet to OKX exchange for selling.
Understanding Pi Network and Its Mainnet Launch
Pi Network is a innovative cryptocurrency project designed to make digital currency mining accessible through mobile devices. Unlike traditional cryptocurrencies that require specialized hardware, Pi Network allows users to mine coins directly from their smartphones.
After years of development and testing phases:
- Initial mobile mining launched in 2019
- Enclosed mainnet launched in December 2021
- Mining reward distribution mechanism introduced in March 2022
- KYC grace period policy implemented in July 2024
- Q1 mainnet accessibility announced in December 2024
The significant milestone arrived with the official announcement: Pi Network mainnet opens on February 20, 2025, at 4:00 PM. This means your mined Pi coins finally have tangible value and trading capabilities.
Why Choose OKX Exchange for Pi Coin Trading?
Among numerous cryptocurrency exchanges, OKX stands out as the first major exchange to officially support Pi coin trading. The platform announced Pi coin deposits starting February 12, 2025, with trading scheduled to begin on February 20, 2025.
OKX offers several advantages for Pi Network participants:
- Enhanced security with robust risk control systems
- Global recognition as a top-two cryptocurrency exchange
- User-friendly interface ideal for beginners
- Sufficient liquidity ensuring smooth trading operations
Step-by-Step Process for Selling Pi Coins
The complete process for converting your Pi coins to cash involves four main phases:
- Mainnet Wallet Preparation: Ensure your Pi Network mainnet wallet is properly set up and verified
- OKX Account Registration and Verification: Complete registration, identity verification, and security settings
- Pi Coin Transfer: Securely move your Pi coins from mainnet wallet to OKX exchange
- Trading Execution: Complete spot trading operations within the exchange
Preparing Your Pi Network Mainnet Wallet and Completing KYC
Before transferring Pi coins to OKX, you must ensure your mainnet wallet is ready. The most critical requirement is completing Pi Network's KYC (Know Your Customer) verification, which is mandatory for transferring coins to your mainnet wallet.
The mainnet preparation involves nine sequential tasks:
- Download Pi Browser application
- Create a Pi wallet
- Confirm your Pi wallet
- Set lockup configuration
- Submit KYC application
- Ensure account security
- Resubmit KYC application if needed
- Wait for KYC results
- Migrate to mainnet
Completing Mainnet Tasks 1-5
For the first five tasks, follow the official instructions carefully. Particularly important is Task 4: lockup configuration. If you plan to sell immediately, set both percentage and duration to their minimum values. Many users have unfortunately locked their coins for three years, preventing them from selling when trading opens.
Undergoing Pi Network KYC Verification
After completing the initial steps, Pi Network requires a 24-hour waiting period before proceeding with KYC. This emphasizes the importance of starting early—if you wait until the last minute, you might miss the optimal selling window when OKX opens Pi coin trading on February 20.
The KYC process involves:
- Basic information submission and agreement to terms
- Preparation of valid identification documents (clear photos of front and back)
- Personal information completion (name, birth date, email, residential address)
Ensure your document photos are clear, complete, and unedited. The entire process typically takes 1-2 days for approval. Once all nine mainnet tasks show green checkmarks, your Pi coins can be transferred to your mainnet wallet.
Registering and Setting Up Your OKX Exchange Account
New User Registration Process
- Open OKX App and click [Login/Register] at the bottom
- Select your country of residence
- Confirm your residential address matches your identification documents
- Input a stable email address (QQ, 163, 126, 189, Gmail all acceptable)
- Enter email verification code
- Provide mobile number for login and verification purposes
- Input SMS verification code
- Set a strong password including uppercase, lowercase, special characters, and numbers
- Complete registration and proceed to identity verification
Important notes:
- You must bind both mobile number and email before buying/selling coins
- If encountering mobile verification issues, contact support via email with identification documents
Completing KYC Verification
Before trading, complete these three personal information settings:
KYC Verification:
- Click profile icon → [Personal Data and Settings] → [Personal Profile] → [Identity Verification]
- Upload required documents (ID card front/back) and complete facial recognition
- Note: Real-person verification and video authentication must be completed in the app
Mobile Number Binding:
- Navigate to [Security Settings] → [Mobile Verification] and follow prompts
- Email-bound users can follow similar steps to bind mobile number
Payment Method Setup:
- For selling coins and withdrawing funds, add payment methods (bank card/Alipay/WeChat Pay)
- Go to [Buy Coins] → [Quick Zone] → [More] icon → [Payment Methods] → [Add Payment Method]
Enhancing OKX Account Security
Separating Operational and Verification Devices
Operational Device: A dedicated smartphone (preferably iOS) for installing wallet and exchange applications, performing trading operations.
Verification Device: A separate phone (iOS or Android) for receiving SMS, email verification codes, and Google authentication codes.
Never use a single Android device for both operations and verification due to security vulnerabilities.
Security Settings Configuration
Access security settings through the nine-dot menu → User Center → Security Settings. Enable these essential features:
- Identity verification applications
- Two-factor authentication
- Anti-phishing codes
- App lock function
Transferring Pi Coins to OKX Exchange
Obtaining OKX Pi Coin Deposit Address
- Log into OKX App
- Click [Assets] option
- Select [Deposit] function → [Deposit Crypto]
- Search and select [Pi]
- Slide to confirm and copy Pi deposit address
Always double-check that you've selected the correct cryptocurrency. Transfers to wrong addresses may result in permanent asset loss.
Transferring from Pi Network Mainnet Wallet to OKX
- Open Pi Browser App and select [Wallet]
- Complete security verification
- Paste your OKX Pi coin deposit address
- Enter transfer amount
- Click [Send] and confirm transaction
Each transfer incurs a 0.01 Pi fee, similar to bank transfer charges. You'll receive notifications from both Pi Network and OKX confirming the transfer.
For first-time transfers, monitor transaction status by:
- Checking status in mainnet wallet
- Recording transaction ID or hash value
- Watching for OKX deposit notifications
- Verifying correct fund reception
Transaction confirmation typically takes minutes, depending on network congestion. Avoid duplicate transfers during this period.
Trading Pi Coins on OKX Exchange
Confirming Pi Coin Receipt
Before trading, verify successful transfer:
- Open OKX App [Assets] page
- Check Pi coin balance in [Funding Account]
- Confirm amount matches transferred quantity
Don't worry if the value shows zero before trading begins—this indicates no market price has been established yet.
Accessing Pi Coin Spot Trading Market
When trading opens, navigate to the Pi coin trading page to set up your sell orders. OKX currently only supports limit orders for Pi coin trading.
Limit orders allow you to set specific prices for transaction execution, similar to stock market order types. For example: if a cryptocurrency currently trades at $1, you can set a limit order at $0.80. The order will execute only if the market reaches that price.
To access trading interface:
- Click [Trade] at OKX App bottom navigation
- Select [Spot]
- Choose [PI/USDT] at top left
Setting Up Trading Orders
Follow these steps for Pi coin limit order trading:
- Select [Limit] trading option
- Set your desired selling price
- Input transaction quantity
- Review total transaction amount
- Submit order and wait for execution
For immediate selling, set your price slightly below current market price (anticipating initial selling pressure). Use the slider to select percentage of holdings to sell—100% for complete liquidation.
After selling, you'll receive USDT (Tether), a stablecoin pegged to the US dollar that serves as the primary trading pair in cryptocurrency markets. You can subsequently convert USDT to traditional currency through available payment methods.
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Frequently Asked Questions
What is the minimum amount of Pi coins I can transfer?
There's no minimum transfer amount, but each transaction incurs a 0.01 Pi fee. Consider consolidating smaller amounts to minimize fee impact.
How long does the KYC verification process take?
Typically 1-2 days, but prepare for potential delays during high-volume periods. Start the process well before planned trading activities.
Can I transfer Pi coins directly to another person's OKX account?
No, you must transfer to your own verified OKX account. Transfers to third-party addresses may result in permanent loss of funds.
What happens if I send Pi coins to wrong address?
Cryptocurrency transactions are irreversible. Always verify addresses carefully before confirming transfers.
Is there a mobile app for OKX exchange?
Yes, OKX offers mobile applications for both iOS and Android devices with full functionality for trading and account management.
How do I convert USDT to traditional currency?
Use the sell function within OKX's fiat gateway, selecting your preferred payment method (bank transfer, Alipay, or WeChat Pay).
What security measures should I prioritize for my OKX account?
Enable two-factor authentication, set anti-phishing codes, use separate devices for operations and verification, and never share your login credentials.