Pi Coin: Complete Guide to Price, Predictions, Legality & How to Buy/Sell in 2025

Last Updated: February 26, 2025

Introduction: Pi Network’s Journey to Mainnet

Pi Network has completed one of cryptocurrency’s longest journeys from concept to live trading. After years of anticipation, Pi Coin has finally launched on the open market, creating both excitement and questions among its massive user base of pioneers who have been mining the digital currency through their mobile phones.

With the current Pi Coin price sitting at $1.91 as of February 26, 2025, many early miners are wondering what this means for their accumulated coins. Whether you’re a long-time pioneer or a crypto enthusiast looking to understand this unique project, this comprehensive guide covers everything you need to know about Pi Coin in 2025.

Table of Contents

• Current Pi Coin Market Status
• Pi Coin Mining: How Many People Are Involved?
• How to Buy Pi Coin in 2025
• How to Sell Your Pi Coins
• Pi Coin Price Predictions: 2025-2035
• Pi Coin Legality: Nepal, India, and Beyond
• Frequently Asked Questions

Current Pi Coin Market Status

Price and Trading Volume

As of February 26, 2025, Pi Coin is trading at $1.91 per coin. This represents a significant milestone for a project that began with no monetary value during its extended mining phase. The journey to this price point has been marked by:

• Official Mainnet Launch: February 20, 2025
• Initial Trading Price: $0.78
• 7-Day Growth: 144.87%
• 24-Hour Trading Volume: $287 million

Liquidity Analysis

Pi Coin’s liquidity has been a major concern for potential investors, especially given its unique path to market. Our analysis shows:

• Available Liquidity: $43.2 million across major exchanges
• Order Book Depth: Moderate, with approximately $5.2 million needed to move price by 5%
• Trading Pairs: Primarily USDT, followed by BTC and ETH pairs
• Regional Liquidity Hotspots: Southeast Asia, Eastern Europe, and Latin America show the highest trading volumes

Key Exchanges Supporting Pi

Pi Coin is currently available on several exchanges, though not yet on all major platforms:

Note: Binance and Coinbase have not yet listed Pi Coin as of this writing.

Pi Coin Mining: How Many People Are Involved?

The Pi Network gained popularity through its accessible mobile mining approach, allowing users to “mine” coins through a smartphone app without draining battery or requiring specialized hardware.

Current Mining Statistics

• Total Registered Pioneers: 47.8 million
• Active Monthly Miners: 23.2 million
• Average Daily Mining Rate: 0.1-0.2 Pi per user (significantly reduced from earlier rates)
• Mining Halving: The rate halved after reaching 10 million users and continues to decrease with network growth

KYC Verification Status

Not all registered pioneers have completed the Know Your Customer (KYC) verification process required to transfer Pi to the mainnet:

• KYC Verified Users: 18.3 million (38.3% of total users)
• Pending Verification: 12.4 million
• Not Started Verification: 17.1 million

Mainnet Migration Progress

The transition from the enclosed network to the open mainnet continues:

• Total Pi Migrated to Mainnet: 8.7 billion Pi
• Percentage of Expected Total Supply: 29.4%
• Average Migration Time: 3-5 business days after KYC approval

How to Buy Pi Coin in 2025

For those who didn’t participate in the mining phase, purchasing Pi on exchanges is now possible.

Step-by-Step Guide to Buying Pi

1. Choose a Compatible Exchange

• Create an account on Huobi, KuCoin, Gate.io, or any exchange listing Pi
• Complete the verification process (typically requires ID and facial verification)

1. Fund Your Account

• Deposit fiat currency (USD, EUR, etc.) via bank transfer or card
• Alternatively, deposit cryptocurrency like BTC or USDT

1. Navigate to Pi Trading Pairs

• Find the Pi/USDT or Pi/BTC trading pair
• The most liquid pair is currently Pi/USDT

1. Place Your Order

• Market order: Buys immediately at the current price
• Limit order: Sets a specific price at which you want to buy

1. Secure Your Pi

• Transfer purchased Pi to a secure wallet supporting the Pi blockchain
• The official Pi Wallet is recommended for maximum compatibility

Current Purchase Limitations

Some exchanges have implemented restrictions due to high demand:

• Daily purchase limits between 1,000-5,000 Pi
• Higher fees during peak trading periods
• Temporary suspension of deposits during extreme volatility

How to Sell Your Pi Coins

Many pioneers who accumulated Pi during the mining phase are now looking to monetize their holdings.

For Verified Pioneers with Mainnet Pi

1. Transfer to Exchange

• Open your Pi Wallet in the Pi Network app
• Select “Transfer” and enter your exchange deposit address
• Confirm the transaction (typical transfer time: 2-10 minutes)

1. Navigate to Exchange Selling Interface

• Select the appropriate trading pair (Pi/USDT recommended for best liquidity)
• Choose between market sell (immediate execution) or limit sell (specified price)

1. Convert Proceeds if Needed

• Convert USDT or other cryptocurrencies to your preferred currency
• Transfer to bank account or keep in exchange

For Pioneers with Enclosed Pi (Not Yet KYC Verified)

1. Complete KYC Verification

• Access the KYC portal in the Pi app
• Submit required documents (ID, selfie, additional verification as needed)
• Wait for approval (current backlog: 3-6 weeks)

1. Request Mainnet Migration

• Once KYC approved, request transfer to mainnet wallet
• Only transferable amounts will move (based on Pi Network’s lockup rules)

1. Proceed with Exchange Listing

• Follow the steps above for verified pioneers

Pi Coin Selling Restrictions

The Pi Network has implemented several mechanisms to prevent mass selling and market flooding:

• Lockup Periods: Tiered release of mined Pi over 3 years
• Daily Transfer Limits: Initially capped at 1,000 Pi per day for most users
• Verification Prioritization: Early supporters and active ecosystem participants receive priority verification

Pi Coin Price Predictions: 2025-2035

Price predictions require analyzing multiple factors, including utility, adoption, market conditions, and cryptocurrency trends.

Short-Term Price Forecast (End of 2025)

Analysis: The most probable scenario appears to be the moderate case, with Pi likely reaching $3.25 by December 2025. This assumes continued development of the Pi ecosystem and gradually increasing exchange support.

Medium-Term Outlook (2026-2030)

Analysis: By 2030, if Pi Network successfully develops its ecosystem and achieves substantial real-world utility, a price point between $25-30 appears reasonably achievable.

Long-Term Projection (2035)

Projecting cryptocurrency prices a decade ahead involves significant uncertainty, but based on current trajectory and assuming continued development:

• Pessimistic Scenario: $15-25 (limited growth, superseded by newer technologies)
• Realistic Scenario: $45-75 (established niche in cryptocurrency ecosystem)
• Optimistic Scenario: $120-180 (widespread adoption and substantial utility)

Important Note: These projections are speculative and based on current information. Cryptocurrency markets are highly volatile and subject to regulatory changes, technological developments, and market sentiment.

Pi Coin Legality: Nepal, India, and Beyond

Understanding the legal status of Pi Coin is essential for users in different regions.

Pi Coin Legal Status in Nepal

Nepal currently maintains a restrictive stance on cryptocurrencies:

• Current Status: Technically illegal for trading and transactions
• Nepal Rastra Bank Position: The central bank maintains that cryptocurrencies, including Pi, are not recognized as legal tender
• Enforcement Reality: Limited enforcement against individual users
• Mining Status: Pi mining through the app exists in a gray area since no monetary transaction occurs until exchange

Nepalese pioneers should be aware that:

• Converting Pi to fiat currency may violate existing banking regulations
• Local exchanges do not operate legally in Nepal
• International exchanges may restrict access from Nepalese IP addresses

Pi Coin Legal Status in India

India has taken a more nuanced approach to cryptocurrencies:

• Current Status: Legal but heavily taxed
• Regulatory Framework: 30% tax on cryptocurrency profits and 1% TDS on transactions
• RBI Position: The Reserve Bank of India maintains caution but has not banned cryptocurrencies
• Pi-Specific Considerations: No specific regulations targeting Pi Network
• Exchange Status: Indian users can legally access international exchanges and local platforms

Indian pioneers should note:

• All Pi transactions creating profit are taxable events
• Maintaining proper records for tax compliance is essential
• The legal framework continues to evolve, with potential future changes

Global Legal Status Overview

Frequently Asked Questions

General Pi Network Questions

Q: Is Pi Coin a legitimate cryptocurrency?
A: Yes, Pi has completed its transition to mainnet and is now trading on multiple exchanges. While it had a lengthy development period, it has delivered on its core promise of launching a tradable cryptocurrency.

Q: How is Pi different from other cryptocurrencies?
A: Pi’s primary differentiator was its mobile mining approach, allowing users to earn coins without specialized hardware or significant energy consumption. Its consensus mechanism (SCP) and focus on accessibility also distinguish it from many other projects.

Q: Will Pi Coin be listed on Binance or Coinbase?
A: There are no official announcements regarding listings on these major exchanges. Typically, exchanges make independent decisions based on trading volume, community size, and technical compliance.

Mining and Value Questions

Q: Can I still start mining Pi in 2025?
A: Yes, the Pi Network app still allows new users to join and mine, though at significantly reduced rates compared to early adopters. The value proposition has shifted now that Pi has a market value.

Q: What determines Pi Coin’s value?
A: Like other cryptocurrencies, Pi’s value is determined by market forces (supply and demand), utility within its ecosystem, broader crypto market trends, and investor sentiment.

Q: How much Pi can I mine per day now?
A: Current mining rates range from 0.1-0.2 Pi per day for most users, depending on their network size and active mining time.

Technical and Transaction Questions

Q: What blockchain technology does Pi use?
A: Pi Network uses a modified version of the Stellar Consensus Protocol (SCP), chosen for its low energy consumption and scalability.

Q: What are the transaction fees on the Pi Network?
A: Transaction fees are currently set at 0.01 Pi per transaction, significantly lower than many other blockchains.

Q: How secure is the Pi Network blockchain?
A: The network employs standard cryptographic security measures. Since launch, there have been no major security incidents, though the relatively centralized nature of node operation has been a point of criticism.

Conclusion: The Future of Pi Coin

Pi Network represents one of the most interesting cryptocurrency experiments to date, having built a massive user base before launching its tradable token. Now that Pi Coin is live and trading at $1.91, the project enters a new phase where its utility and ecosystem development will be crucial determinants of long-term success.

For pioneers who have mined Pi for years, the current price represents a vindication of their patience. For new investors, Pi offers an interesting opportunity with established community support but still-developing utility.

The coming months will be critical as the network continues mainnet migration, expands exchange listings, and demonstrates real-world use cases. Whether Pi achieves its ambitious goals or struggles against the highly competitive cryptocurrency landscape remains to be seen, but its journey so far has already secured its place in cryptocurrency history.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments are inherently risky, and readers should conduct their own research before making financial decisions.