How to Sell Pi Coin in Canada: A Complete Guide for 2025

Last updated:02/13/2025
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As a popular cryptocurrency project that allows users to mine Pi coins for free with their mobile devices, Pi Network has certainly taken the crypto world by storm. Given all of its shocking popularity, you may think that this popular Pi coin would be listed on all of the top-rated exchanges on the market, such as Binance or Kraken. However, the fact is Pi isn’t even available to be traded via DEXs, either.

Notably, after multiple delays of the Pi network mainnet launch from 2024 to now 2025, the wait is finally over. The core team has officially announced that the Tap to Earn Pi Coin Network will launch on February 20, 2025, at 8 AM UTC. If you are interested in selling your pi coins in Canada, keep reading. We will introduce different ways to sell the Pi coin in Canada for 2025 and offer our opinion on which methods are the safest and which methods you should avoid if you don’t want to get scammed.

Pi Coin


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Table of Contents

Latest News & Updates on Pi Network: Pi’s Open Network Set to Launch February 20

What is Pi Network?

How Does Pi Network Work?

Key Features Of Pi Network

How to Sell Pi Coin in Canada: An Ultimate Guide for 2025

Conclusion

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Latest News & Updates on Pi Network: Pi’s Open Network Set to Launch February 20

On February 12, Pi Pi network team officially announced that Pi Network’s mainnet set to launch at 8am UTC on February 20, 2025. The announcement has stirred excitement in the network with Pi coin price surged by 80%, reaching $92 after being trading from $49. Undoubtedly, after years of anticipation, Pi Network is finally set to launch this month, marking a major milestone for its community.

With a total supply of 100 billion Pi and a rapidly growing user base of over 35 million holders, active miners are on the verge of reaping the long-awaited rewards. The long-anticipated moment has arrived.

Launched in 2019, Pi Network has cultivated a strong and dedicated community of users, known as Pioneers, who have been mining Pi tokens directly from their mobile devices. Despite its rapid growth, the transition to an open Mainnet faced multiple setbacks, delaying the launch from 2024 to 2025.

Now, with key milestones achieved, the long-awaited launch is finally within reach. Over 19 million Pioneers have successfully completed identity verification through the Pi KYC solution, while 10.14 million users have migrated to the Mainnet, surpassing the original 10 million goal.

Additionally, Pi Network has successfully fostered a thriving ecosystem, reaching over 100 Mainnet or Mainnet-ready apps, fulfilling its objective of creating a dynamic and diverse environment for the Open Network.

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What is Pi Network?

PI2

PI2
Cryptocurrency Pi Network
Token PI2
Price $ 61.3713 7.10%
Rank
Market Cap $ 0
24H Trading Volume $ 866.9K
All-time High $ 299.1990
All-time Low $ 17.0365
24 High $ 62.5624
24 Low $ 56.5049
Cycle High $ 130.8790 / 2024-03-12 22:55:00
Cycle Low $ 17.0365 / 2023-05-12 13:05:00
Update Time 2025-02-14 02:47:16

Pi Network is a blockchain-based project designed for mobile use, enabling users mine cryptocurrency through a mobile app. Launched in 2019 by Stanford graduates, Pi Network was created by a team of Stanford University graduates who aims to make crypto accessible to everyday people without specialized hardware or technical knowledge.

The native token of Pi Network is Pi coin, which can be mined in the app. Users can mine Pi coins effortlessly by tapping a button in the app once daily, unlike traditional cryptocurrencies requiring substantial computational power or staking.

Since its introduction, Pi Network has been one of the most talked-about projects in the cryptocurrency space. The project has attracted millions of users across the globe, and while some view it as a promising new venture, others are skeptical of Pi Network’s legitimacy and consider it a scam.

Notably, this project is still in the testing phase, and while the founders have big plans for the coin, there is skepticism as to whether it will ever have any real value or functionality.

How Does Pi Network Work?

Pi utilizes the Stellar Consensus Protocol, distinguishing itself from Bitcoin’s energy-intensive proof-of-work system.  Users establish trust circles by nominating 3 to 5 reliable contacts, thereby creating an interconnected web of verified members.  These connections form a global trust graph that enhances network security and facilitates transaction validation without the need for extensive computing power.

The mining process rewards various types of contributions.  Pioneers receive base rewards for daily check-ins, additional incentives for expanding their trusted circles, and bonuses for operating full nodes on computers.  Furthermore, the network encourages app usage and Pi lockups to foster ecosystem development.

To initiate mining, one must obtain an invitation code from an existing member of the Pi Network.  This referral system enables members to earn more coins based on the number of individuals who register using their referral code.  The mechanism is straightforward: the more users you invite, the greater your rewards will be.

Since December 2021, Pi has been functioning on its Mainnet blockchain within an “enclosed” period.  During this phase, users are required to complete Know Your Customer (KYC) verification in order to transfer their mined Pi onto the blockchain.  The project intends to lift these restrictions during its “open network” phase, which will allow full external connectivity.

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Key Features Of Pi Network

Pi Network centers on four key roles: Pioneer, Contributor, Ambassador and Node Operator.

  • Pioneer: This is the primary role where you mine Pi by tapping the “Lightning” button daily.
  • Contributor: The role allows mining at a higher rate by completing three to five “Mining Sessions” — daily logins — and providing a list of trusted pioneers to add to your “Security Circle.”
  • Ambassador: Inviting new users with your code can earn up to a 25% boost as a mining bonus for each person who signs up.
  • Node: This role involves running the Pi node software on your computer, which is currently being tested to serve as an open-source validator for the community.

The network doesn’t require expensive mining equipment or high energy consumption. Instead, it uses a consensus mechanism based on member trust relationships. Users can mine Pi coin with just a smartphone, making cryptocurrency accessible to people regardless of their technical knowledge or financial resources.

Pi Network Price Prediction

As of writing the article, PI is traded at $ 61.3713, boasting a market cap of $ 0, and witnessing a hefty 24-hour trading volume of  $ 866.9K. PI Token saw a 24-hour change of 7.10%, with minor fluctuations of -0.21% over the past hour.

The following sets forth the PI to USD Chart

Pi Price

Short-Term Pi Network Price Prediction

The crypto market’s volatility demands a forward-looking approach, allowing investors to anticipate potential price movements and position themselves strategically. Therefore, before deciding whether $PI is a good investment, predicting the future prices of $PI is crucial for investors to make informed decisions.

The following chart sets forth our price prediction for Pi Network in the next half month:

price prediction days

Date Price Prediction Change
02-14 $ 61.3713 0.00%
02-17 $ 57.5580 -6.21%
02-20 $ 57.6439 -6.07%
02-23 $ 57.9507 -5.57%
02-26 $ 57.3678 -6.52%
03-01 $ 57.9201 -5.62%

Pi Network Price Prediction 2026 to 2050

There is large uncertainty about the future price of Pi token, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for Pi coin based on a variety of different scenarios.

Potential Highs & Lows of Pi Network

Here are our projected highs and lows for Pi Network from 2026 to 2050:

price prediction years

Year Yearly Low Yearly Average Yearly High
2026 $ 57.4673 $ 84.5484 $ 96.5180
2027 $ 53.7054 $ 74.4969 $ 86.6007
2028 $ 51.1281 $ 72.4350 $ 86.3312
2029 $ 88.8470 $ 128.8682 $ 151.2043
2030 $ 70.4902 $ 111.5298 $ 136.3627
2031 $ 80.1786 $ 119.2805 $ 139.6550
2035 $ 98.2475 $ 148.4592 $ 169.9695
2040 $ 168.5491 $ 231.2197 $ 264.8976
2045 $ 206.1003 $ 298.7457 $ 338.7479
2050 $ 234.8301 $ 349.6875 $ 396.8269

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How to Sell Pi Coin in Canada: An Ultimate Guide for 2025

The project operates in a controlled “enclosed network” phase while building its infrastructure and community. This means the exact launch date for the open mainnet is still unknown and there’s currently no PI currently trading on crypto exchanges.

However, this does not mean that all hope is lost when selling your Pi coins in Canada. There are still viable options available to you, such as peer-to-peer methods, utilizing your PI directly at merchants who accept it, and various other alternatives.

Sell Pi coin peer-to-peer

Since Pi Network’s mainnet is still closed, there’s currently no PI currently trading on crypto exchanges. That means that there’s very limited price discovery, and no one really knows how much a single PI coin is worth – it could be 1 cent, $1, or even $100. The point is that no one knows.

Therefore, there are many users on social media platforms who claim they are willing to buy PI coins at different rates. Of course, there are also those who are willing to buy PI in person. Let’s see how the two P2P methods compare:

  • Selling Pi coin P2P (online): Based on experience and testimonials from numerous individuals, most users who advertise buying Pi coins are scammers. They don’t plan on actually paying for PI;  they just prey on those who are willing to send them coins in hopes of getting paid.
  • Selling Pi coin P2P (offline): While meeting in person is way less convenient than setting up a transaction online, it also makes it less convenient as a method for scamming people.

Trade Pi coin IOUs

Another method to gain exposure to the pricing of the Pi Network is by trading IOUs on compatible exchanges. IOUs are essentially informal agreements acknowledging the existence of a debt. Once Pi becomes tradable, you may have the opportunity to convert your IOUs into actual Pi coins.

It is crucial to acknowledge that the value of IOUs may not accurately reflect the price of the cryptocurrency upon its launch. Therefore, holding IOUs until the cryptocurrency is officially launched can pose significant risks. Additionally, it is important to note that Pi coin IOUs are not equivalent to actual Pi coins. However, they can still offer valuable insights into the potential pricing of Pi coins.

Spend your Pi coins directly on products and services

If you have a bunch of Pi coins stored in your wallet and you don’t like other selling methods, you might want to consider spending your Pi coins directly on products and services at supported merchants. There are some businesses that accept Pi coins for different products and services, from selling silver in exchange for Pi to accepting PI in exchange for gaming items.

Wait for Pi coin to be listed on an exchange

Although the final option may not be what you wish to hear, it is advisable to await the official launch of the Pi Network open mainnet. It is widely anticipated that upon the mainnet’s launch, the Pi coin will be listed on cryptocurrency exchanges. Should this occur, the Pi coin will be traded in a manner similar to other cryptocurrencies, thereby mitigating concerns about potential scams or unfavorable transactions.

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Conclusion

Pi Network represents an innovative approach to cryptocurrency that emphasizes accessibility over technical complexity. Through its mobile mining application, trust-based security system, and expanding ecosystem of applications, Pi aims to introduce cryptocurrency to everyday users without the barriers posed by expensive hardware or high energy costs.

If you are considering how to sell your Pi coins in Canada prior to the launch of the open mainnet, it is important to note that nearly every available option carries a significant degree of risk. As the only viable method for selling Pi is through peer-to-peer transactions, you will need to place your trust in the individual purchasing your Pi coins to fulfill their part of the agreement.

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About BTCC

BTCC, one of the longest-running exchanges in the world, supports crypto copy tradingspot trading, as well as futures trading for 300+ cryptocurrencies with a leverage of up to 500Χ. If you want to trade cryptocurrency in Canada, you can start by signing up for BTCC.

BTCC is among the best and safest platforms for crypto trading in Canada. The reasons why we introduce BTCC for you set forth as below:

Industry-leading security

BTCC attaches great importance on security. Since founded in 2011, BTCC has never been hacked or been a victim of any other kind of successful malicious attack, which fully illustrates its security capabilities. Through measures like segregation of assets, 1:1 storage of users’ assets, money laundering prevention and identity authentication and no collateralising tokens for loans, BTCC enjoys good reputation in asset security.

High Liquidity & Volume

BTCC is ranked top 10 by trading volume on both CoinMarketCap and CoinGecko, the world’s two largest crypto information platforms. BTCC prides itself on providing crypto futures trading services to users worldwide with market-leading liquidity, offering perpetual futures on over 300 cryptocurrencies, including BTC, ETH, DOGE, LTC, SOL, XRP, SHIB, etc.

Extremely low fees

Charging high fees means less return for investors. Compared with other major exchanges, BTCC only charges 0.06% for both takers and makers, which are far below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

High and rich bonus

BTCC holds all kinds of campaigns where investors can participate to win exciting bonus. For example, new users can get rewards up to 10,055 USDT coupon through completing relevant missions, like registration, identity verification, first deposits, cumulative futures trading volume, etc. Besides, becoming VIP also can enjoy rewards like VIP-exclusive perks, including discounts on trading fees, access to exclusive campaigns, BTCC merch, priority customer support, fast withdrawal, and many more.

Excellent customer service

BTCC also gains great reputation in terms of customer support. If you are confused or have problem in the process of trading currencies, you can obtain customer support via email and live chat, BTCC offers 24/7 online customer service for you.

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How to Trade Crypto Futures on BTCC?

BTCC supports trading for USDT- M Perpetual Futures contracts with a leverage of up to 500×, you can trade over 300 cryptocurrencies on BTCC at the most competitive price and highest security.

The following sets forth the step-by-step guidance for crypto futures trading on cryptocurrency exchange BTCC:

Step 1: Create a BTCC account

Sign up BTCC to start your journey on this leading crypto exchange.

Step 2: Complete BTCC’s identity verification

Kindly verify your identity to ensure full compliance and enhance your trading experience on BTCC.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Fund your BTCC account

On the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method

Step 4: Place your crypto futures order on BTCC

Go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the crypto trading pair that you want to trade.

Then, choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Next, adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Then, choose the lot size and set the SL/TP price. After setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Finally, click the buy or sell button, and the crypto futures contract order is completed.

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