Sell PI Network (2024)

Pi Network operates as a mobile mining blockchain, allowing users to earn Pi coins through simple tasks on their phones. While still in development but there is an update that the project is gearing towards open network, expected by the end of 2024 but it’s not confirmed yet.

Many Pi Network pioneers have questions about the coin’s tradability. Since everyone has only been mining the coin on the app since 2019 and the open mainnet is still under development, it’s natural to wonder about its legitimacy.

If you also hold Pi coin in your wallet, we can definitely help!  Our website provides a detailed guidance on how to sell Pi coins. Many users have already successfully sold their Pi using these methods, and you can too! Let’s dive deeper and explore.

Pi Network aims to establish the world’s most inclusive peer-to-peer ecosystem and online experience, powered by Pi, the globally distributed cryptocurrency. Pi leverages a community of Pioneers who mine Pi tokens using their mobile phones.

An accessible developer platform, identity-verified social network enabled for cryptocurrencies, positions Pi Network at the forefront of the next technological revolution.

Launched on March 14, 2019 (Pi Day), Pi Network has grown to over 100 million users, including 60 million actively engaged Pioneers with over 3.3 million followers in X (formerly known as twitter), reflecting widespread trust, belief, and a shared vision for the digital future. This vast community has the potential to challenge existing norms and usher in a new era for cryptocurrencies.

Pi Network KYC or “Know Your Customer” is a procedure to first identify and then verify Pioneer identities, to comply with regulations and to ensure that Pioneers within the global Pi Ecosystem are real individuals.

The vision of Pi Network is to build an inclusive and the most widely-distributed digital currency and ecosystem for all Pioneers. Pi Network’s mining mechanism is social-network based and relies on contributions of real Pioneers. Therefore, Pi has a strict policy of one account per person.

Pi team has improved the KYC process with new features: Pioneers can now secure their accounts by changing passwords after completing the mainnet checklist. also introduced an appeal option for Pioneers to challenge KYC rejections and seek a second opinion from Validators.

Since Pi Day, Enhanced KYC with features like capturing left-and-right face angles for better liveness checks. Over 13 Million Pioneers have completed their KYC and 6 Million pioneers have migrated to mainnet. Pi team has also enabled resubmissions for blocked cases and provided clearer instructions in the KYC app and mainnet checklist.

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As of now 21 November 2024, The Pi coin value has not been disclosed yet because Pi coin has not yet launched its open mainnet. If someone tells you a fixed value for Pi coin, they do not have complete knowledge at this time.

Secondly, the value can also depend on mutual understanding between buyers and sellers regarding the price at which they wish to trade. However, there is currently no official price established.

Regarding various cryptocurrency exchange sites, you can currently see the  PI coin value there. However, it is important to note that it is clearly stated on these platforms: "Note: This coin is not listed for trade and service" and "Please note that the mainnet has not launched yet and the price displayed below for certain exchanges reflects the value of the IOUs, which may not be transferable across exchanges. Read more and DYOR."

It will be very difficult to determine the true value of Pi coin until the open mainnet is launched. Various websites have speculated on Pi coin’s value up to 2030, but these projections are speculative. We acknowledge that the hype around Pi coin is significant, with millions of followers and pioneers worldwide. However, once the Pi mainnet is launched, there is expected to be a price spike, potentially allowing many to profit quickly. Our expert team believes it is advisable to hold onto Pi rather than sell, considering its projects with the potential to become the next Bitcoin.

It is expected that Pi will launch its open mainnet by the end of 2024, according to the latest updates. Speculating until then would not be appropriate, as it depends on market conditions. The more acceptance Pi gains, the higher its value is likely to rise after launch. Currently, people are already purchasing Pi coin on social media platforms.

Again, I must emphasize that we do not provide financial advice; we simply share information with you. The final decision rests with you.