Table of Contents
What is Pi Coin and Why This Matters
Step 1: Completing KYC Verification
Step 2: Migrating Pi to Your Mainnet Wallet
Step 3: Transferring Pi from Wallet to OKX Exchange
Step 4: Trading Pi on OKX
Tips and Troubleshooting
Conclusion
What is Pi Coin and Why This Matters
Pi Coin is the native cryptocurrency of the Pi Network, a project launched in 2019 by Stanford PhDs to make crypto mining accessible via smartphones. Unlike Bitcoin, which requires heavy hardware, Pi lets you mine coins with just a daily tap on your phone. It is a revolutionary cryptocurrency designed to make mining accessible to everyone via the Pi Network app—no expensive hardware required, just a daily tap on your phone. With over 10 million KYC-verified users by March 2025 and the Open Mainnet launch on February 20, 2025, Pi has evolved from a mobile mining experiment into a tradable asset on exchanges like OKX, boasting a unique consensus algorithm that prioritizes energy efficiency and user participation. Unlike Bitcoin’s resource-heavy proof-of-work, Pi leverages a Stellar-based protocol, enabling fast, low-cost transactions perfect for digital art ecosystems like NFT_Noobie’s gallery—imagine buying a masterpiece with Pi! This coin’s community-driven growth and vision of a decentralized economy make it a standout in the crypto world, bridging everyday users and innovative creators. With the Open Mainnet launch on February 20, 2025, you can now transfer and trade your Pi Coins on exchanges like OKX, Bitget and others.
Why does this matter? Completing KYC and transferring your Pi allows you to move from the restricted Enclosed Mainnet to the Open Mainnet, where your coins become tradable. This guide ensures you don’t miss a step.
Step 1: Completing KYC Verification
Before you can transfer or trade Pi Coins, you need to complete KYC verification. This process confirms your identity and unlocks your ability to migrate coins to the Open Mainnet.
How to Complete KYC
Open the Pi Network App
Download it from the App Store (iOS) or Google Play (Android) if you haven’t already.
Log in with your phone number or Facebook account.
Access the KYC Section
From the app’s home screen, tap the menu (three horizontal lines) in the top-left corner.
Select “KYC” or “Mainnet Checklist” (depending on your app version).
Submit Your Details
Provide your full name, date of birth, and country of residence.
Upload a government-issued ID (e.g., passport, driver’s license).
Take a selfie holding your ID for facial verification.
Wait for Approval
Processing can take days to weeks, depending on the backlog. As of March 2025, over 10 million users have been verified, but delays still occur.
Migrating Pi to Your Mainnet Wallet
Once your KYC is approved, you need to migrate your mined Pi Coins from the Enclosed Mainnet (where they’re locked) to the Open Mainnet wallet, where they’re transferable.
How to Migrate to the Mainnet Wallet
Check Your Mainnet Checklist
In the Pi app, go to the “Mainnet” section via the menu.
Ensure all checklist items (e.g., KYC, wallet creation) are green.
Create Your Pi Wallet
If you haven’t already, tap “Create Wallet” in the app.
Write down your 24-word passphrase (seed phrase) and store it securely offline. This is your key to recovering your wallet—don’t lose it!
Initiate Migration
Tap “Migrate to Mainnet” in the app.
Confirm the amount of Pi to transfer (only KYC-verified coins migrate).
Approve the transaction using your passphrase.
Verify Migration
Wait a few minutes to hours for the blockchain to process it.
Check your wallet balance in the Pi Browser (accessible via the app) to confirm.
Step 3: Transferring Pi from Wallet to OKX Exchange
Now that your Pi is in the Mainnet wallet, you can transfer it to OKX, a leading exchange that started trading Pi on February 20, 2025.
How to Transfer Pi to OKX
Set Up an OKX Account
Visit www.okx.com or download the OKX app.
Sign up with your email or phone number and complete OKX’s KYC (ID and selfie again—separate from Pi’s KYC).
Log in once approved.
Get Your OKX Pi Deposit Address
In the OKX app or website, go to “Assets” > “Deposit.”
Search for “Pi” or “Pi Network” and select it.
Copy the deposit address (a long string of characters).
Send Pi from Your Wallet
Open the Pi Browser and access your wallet.
Unlock it with your passphrase.
Tap “Pay/Request” > “Manually Add Wallet Address.”
Paste the OKX deposit address.
Enter the amount (e.g., 100 Pi) and confirm. A small fee (0.01 Pi) applies.
Confirm the Deposit
Wait 1-5 minutes for the transaction to process.
Check “Assets” > “Deposit History” on OKX to see your Pi balance.
Step 4: Trading Pi on OKX
With Pi in your OKX account, you can trade it for USDT (a stablecoin) or other cryptocurrencies, or hold it for later.
How to Trade Pi on OKX
Navigate to Trading
In OKX, go to “Trade” > “Spot.”
Search for the “PI/USDT” trading pair and select it.
Place a Sell Order
Choose “Sell” and select your order type:
Market Order: Sells instantly at the current price (e.g., $50 per Pi).
Limit Order: Sets a specific price (e.g., $55) and waits for a match.
Enter the amount (e.g., 50 Pi) and confirm.
Check Your Balance
After the trade, your USDT balance updates in “Assets.”
For example, selling 50 Pi at $50 each gives you 2,500 USDT.
Withdraw Funds (Optional)
Go to “Assets” > “Withdraw.”
Convert USDT to fiat via P2P trading (e.g., bank transfer) or send it to an external wallet (e.g., Trust Wallet).
Tips and Troubleshooting
Double-Check Addresses: A wrong address means lost coins—no refunds!
Secure Your Passphrase: Store it offline, not digitally.
KYC Delays: If stuck, check minepi.com/kyc-application-access to appeal.
Fees: Pi wallet transfers cost 0.01 Pi; OKX withdrawals cost 0.05 Pi (subject to change).
Volatility: Pi’s price may swing wildly post-launch—trade wisely.
Conclusion
Congratulations! You’ve now mastered the process of verifying your identity, migrating your Pi Coins, and trading them on OKX. The Pi Network’s Open Mainnet launch has opened new doors, and with this guide, you’re ready to step through them. Whether you cash out or hodl, stay informed about Pi’s evolving ecosystem.
Have questions or run into issues? Drop a comment below or contact me directly—I’d love to help! Happy trading!
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