With the Pi Network Mainnet officially launching on February 20, 2025, Pi Coin is now tradable on various exchanges, including BitMart. If you’ve been mining Pi for years and want to cash out or trade it for another cryptocurrency, this guide will walk you through the process of selling Pi Coin on BitMart. Follow these simple steps to turn your Pi into profit!
Why Choose BitMart?
BitMart is a trusted cryptocurrency exchange supporting over 1,400 trading pairs, offering a secure platform with real-time trading and 24/7 customer support. As of February 2025, BitMart has announced its support for Pi Network, making it a popular choice for Pi Coin traders.
Prerequisites
Before you begin, ensure you have:
- A BitMart account (sign up at bitmart.com if you don’t have one).
- Completed KYC verification on BitMart.
- Migrated your Pi Coins to the Mainnet wallet via the Pi Network app.
- A secure internet connection and a device to access BitMart.
Step-by-Step Guide to Sell Pi Coin on BitMart
- Create and Verify Your BitMart Account
Visit BitMart’s website and click “Get Started.” Register with your email and a strong password. Complete the KYC process by submitting your ID to unlock full trading features. - Transfer Pi Coins to BitMart
Open your Pi Network wallet in the Pi Browser app. Navigate to the “Mainnet” section, unlock your wallet with your passphrase, and select “Withdraw.” In BitMart, go to the “Assets” section, search for “PI,” and copy your unique Pi deposit address. Paste this address into your Pi wallet, enter the amount, and confirm the transfer. This may take a few minutes depending on network congestion. - Locate the Pi Trading Pair
Once your Pi Coins are in your BitMart wallet, go to the “Spot” trading section. Search for the “PI/USDT” trading pair (or another pair like PI/BTC if available). BitMart began supporting PI/USDT trading as of February 20, 2025, at 8:00 AM UTC. - Place a Sell Order
Choose between a “Limit Order” (set your desired price) or a “Market Order” (sell at the current market price). Enter the amount of Pi you want to sell and confirm your order. For example, if Pi’s price is $80.59 (as seen in recent posts on X), you could set a limit order slightly above or below based on market trends. - Withdraw Your Funds
After the sale, your account will be credited with USDT (or your chosen currency). Go to “Assets,” select “Withdraw,” and enter your external wallet address (e.g., a USDT wallet on Binance). Alternatively, use BitMart’s P2P trading to convert USDT to fiat and withdraw to your bank account.
Tips for Successful Trading
Here are some tips to maximize your experience:
- Monitor Prices: Pi’s value may fluctuate post-launch. Check real-time prices on BitMart or platforms like CoinCodex.
- Avoid Fees: Use BMX tokens on BitMart for a 25% trading fee discount.
- Stay Secure: Enable two-factor authentication (2FA) on both your Pi wallet and BitMart account.
Current Status and Updates
As of February 21, 2025, BitMart has confirmed support for Pi Network trading, with deposit features still marked as “TBD” in some announcements. Posts on X from BitMart indicate active trading campaigns with a 10,000 USDT prize pool, suggesting trading is live or imminent. Keep an eye on BitMart’s official announcements for the latest updates.
Conclusion
Selling Pi Coin on BitMart is straightforward once you’ve migrated your coins to the Mainnet and set up your exchange account. With the Pi Network’s long-awaited launch now a reality, this is an exciting time for Pioneers to explore trading opportunities. Start today and join the growing Pi trading community on BitMart!
