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

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. Notably, after multiple delays of the Pi network mainnet launch from 2024 to now 2025, the wait is finally over.

After a highly-anticipated mainnet launch, the long-awaited question for many has been: when and how can I actually cash out? If you are interested in selling your pi coins in Canada, keep reading. We will provides detailed information about the methods and platforms available for selling Pi coins, along with essential step-by-step guide about selling pi coins.

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Table of Contents

• What is Pi Network?
• How Does Pi Network Work?
• Key Features Of Pi Network
• PI Tokenomics
• Pi Network Price Prediction
• Where to Sell Pi Coin in Canada?
• How to Sell Pi Coin in Canada: An Ultimate Guide for 2025
• Key Considerations When Selling PI in Canada
• Conclusion

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What is Pi Network?

Cryptocurrency	Pi Network
Token	PI2
Price	$ 0.4411 -0.33%
Rank	38
Market Cap	$ 3.0B
24H Trading Volume	$ 64.7M
All-time High	$ 2.9754
All-time Low	$ 0.3410
24 High	$ 0.3646
24 Low	$ 0.3508
Cycle High	$ 0.3755 / 2025-08-03 07:15:00
Cycle Low	$ 0.3410 / 2025-08-02 06:35:00
Update Time	2025-08-05 00:41:01

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.

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How Does Pi Network Work?

Pi Network 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.

Unlike other cryptocurrencies, the mining process in Pi Network does not involve solving complex mathematical problems, but instead focuses on user engagement and network growth. Users contribute to the network’s security and integrity by verifying transactions and inviting new members. This method makes the process accessible to a broader audience and encourages a sense of community among users.

Users typically experience a straightforward mining process that they can initiate through the app. The simplicity of this mechanism plays a vital role in attracting newcomers to the world of cryptocurrency.

• Users need to log into the app daily to mine Pi coins.
• They can boost their mining rate by inviting friends to join.
• The app provides a user-friendly interface for monitoring mining activity.
• Users can track their progress and view their total earnings.
• The system is designed to be sustainable and energy-efficient.

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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 Tokenomics

Pi Network follows a structured token distribution model designed to ensure fair allocation and long-term network stability:

• Total Supply: 100 billion Pi coins
• Community Allocation: 80% (reserved for miners, contributors, and ecosystem growth)
• Core Team Allocation: 20% (dedicated to development, operations, and ongoing innovation)

The distribution framework incorporates key mechanisms to regulate circulation, incentivize participation, and maintain the network’s overall economic balance.

Is Pi Coin Legit?

Since launching in March 2019, Pi Network has grown to over 60 million registered users, making it one of the largest cryptocurrency communities by participation. With its open mainnet launch, Pi Network has sparked one of cryptocurrency’s most heated debates: Is this a revolutionary mobile-first blockchain or an elaborate scheme disguised as innovation?

Pi Network delivers on its core promise—a mobile-friendly cryptocurrency mining experience accessible to everyday users. The project has legitimate founders, working technology, and genuine user engagement. It’s not a traditional scam designed to steal money.

While the Pi Network is generally thought of as a safe-to-use app, there are no external audits to support this. That’s said, Pi Network isn’t a traditional scam, but it faces significant legitimacy concerns that every potential user should understand. The lack of extensive reviews by the Pi community of the project’s code and security systems raises concerns about its true safety. Without independent audits, it’s hard to say how secure the app truly is.

The centralized token distribution, controlled infrastructure, and MLM-style growth model create legitimate concerns about long-term sustainability and user benefit. Pi Network occupies a gray area between innovation and opportunism. In conclusion, it’s a legitimate project with questionable design choices rather than an outright fraud.

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Pi Network Price Prediction

As of writing the article, PI is traded at $ 0.4411, boasting a market cap of $ 3.0B, and witnessing a hefty 24-hour trading volume of  $ 64.7M. PI Token saw a 24-hour change of -0.33%, with minor fluctuations of -0.16% 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:

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:

Where to Sell Pi Coin in Canada?

With the Pi Network’s open mainnet now live, many users are eager to convert their mined Pi Coins into tradable assets. However, Pi Coin’s availability remains highly restricted, particularly on mainstream trading platforms.

As of now, there are no verified decentralised exchange (DEX) listings or standalone P2P marketplaces dedicated to Pi. This limitation is largely due to Pi Network’s unique infrastructure, which operates on its own proprietary blockchain—not on Ethereum (ERC-20) or Binance Smart Chain (BEP-20).

What This Means:

• You cannot swap Pi Coin on DEXs like Uniswap, PancakeSwap, or SushiSwap.

• There are no official Pi liquidity pools on DeFi platforms.

• Any website or DEX claiming to offer Pi Coin is likely a scam or an unverified clone.

Until Pi Coin is officially bridged to a widely adopted blockchain or integrated into DeFi ecosystems, access via decentralized platforms will remain unavailable.

Peer-to-Peer (P2P) Sales: Possible, But Risky

Unlike Bitcoin or stablecoins, there are currently no reputable P2P marketplaces dedicated to Pi Coin. While some individuals attempt to sell Pi informally via Telegram groups, Discord channels, or P2P platforms hosted by crypto exchanges, these methods are inherently risky.

Common Risks Include:

• Lack of escrow protection, unless conducted through an exchange that offers it

• No recourse if the transaction fails or the buyer disappears

• High risk of scams due to the informal, unregulated nature of these deals

Unless you’re using a well-established platform with built-in escrow services and clear dispute resolution mechanisms, P2P transactions are generally discouraged—especially for larger sums.

Centralized Exchanges: Your Best Bet (For Now)

At present, the only relatively secure method to sell Pi Coin in Canada is through a small number of centralized exchanges. Platforms such as BTCC, OKX, Gate.io, and a few others have listed Pi trading pairs—typically paired with USDT (Tether).

Before trading, ensure the exchange:

• Officially supports Pi Coin

• Has reasonable liquidity for Pi/USDT pairs

• Requires full KYC for secure transactions

As the ecosystem matures, broader support is expected. Until then, CEX platforms remain the safest and most accessible route for Canadian users looking to sell Pi Coin.

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

The launch of the Pi Network mainnet is one of the most highly anticipated events in the cryptocurrency space. Set for February 20, 2025, this milestone signifies the network’s evolution from a closed testing environment to a fully decentralized and open blockchain ecosystem. As the open mainnet is opened, PI currently is available on crypto exchanges.

As the Pi Network mainnet goes live, trading Pi Coin in Canada just needs to follow a process similar to that of other cryptocurrencies. Below is a step-by-step guide to ensure a smooth transaction:

1. Complete KYC Verification and Migration

Before you can trade Pi Coin, you must successfully complete Know Your Customer (KYC) verification and migrate your coins from the enclosed mainnet to the open mainnet. Without this step, your tokens will not be transferable to external exchanges.

2. Select a Reliable Exchange

Currently, Pi coin is available for trading on several established cryptocurrency exchanges, such as BTCC, Bitget, OKX, Gate.io,etc. Each platform offers different trading pairs, fees, and features. When choosing an exchange, please consider factors such as liquidity, security measures, and user experience to ensure a seamless trading process.

3. Transfer Pi Coins to the Exchange

Register on your chosen platform and complete their verification process, which typically requires:

• Personal information
• Government-issued ID
• Proof of address
• Face verification

To deposit Pi Coin into your exchange wallet:

• Open your Pi Network Wallet via the Pi Browser or mobile app.
• Locate and select the “Send” option.
• Copy the deposit address provided by your chosen exchange.
• Paste the deposit address into your Pi Wallet and confirm the transfer.

4. Place a Sell Order

Once your Pi coins are successfully deposited into the exchange:

• Navigate to the trading section and select a trading pair (e.g., PI/USDT or PI/BTC).
• Choose between a market order (for an immediate sale at the current market price) or a limit order (to sell at a specific price).
• Execute your order and wait for it to be fulfilled.

5. Withdraw Your Proceeds

After selling your Pi Coins, you can either hold your funds within the exchange or withdraw them:

• Convert your earnings (e.g., USDT or BTC) into fiat currency if needed.
• Follow the exchange’s withdrawal process to transfer funds to your bank account or an external crypto wallet.

6. Monitor the Market

As crypto market is quite volatile, Pi Coin is much likely to see massive price fluctuations. Stay informed about market trends and adjust your trading strategy accordingly. Utilize exchange tools, charts, and analytics to determine the optimal timing for your trades.

Security Tips:

• Always double-check deposit and withdrawal addresses.
• Enable two-factor authentication (2FA) for enhanced security.
• Follow official Pi Network announcements to avoid scams and fraudulent activities.

By following these steps, you can effectively trade Pi Coin and navigate the post-mainnet market with confidence.

Key Considerations When Selling PI in Canada

Selling Pi Coin in Canada can be a profitable endeavor, but it requires a careful approach. Selling Pi Coin in Canada involves navigating market volatility, security risks, and regulatory requirements. Understanding these factors is essential for protecting your assets and maximizing potential returns.

Market Volatility

As an emerging cryptocurrency, Pi Coin is subject to significant price fluctuations driven by supply and demand dynamics, investor sentiment, and broader market trends. These fluctuations can result in sharp, unpredictable price movements, making timing a critical factor when deciding to sell.

To make informed decisions, users should monitor real-time price charts on reputable exchanges and analyze historical trends to identify key support and resistance levels. Avoiding emotional or panic selling during temporary price corrections can help minimize losses—unless immediate liquidity is needed.

Security Measures

Conducting crypto transactions online or through exchanges exposes users to various security threats, including fraud, phishing, and hacking. Implementing strong security practices is crucial.

• Two-Factor Authentication (2FA): Always enable 2FA for logging in, withdrawing funds, and making account changes. Instead of relying on SMS-based verification—which is vulnerable to SIM-swapping attacks—use an authenticator app such as Google Authenticator or Authy for stronger protection.

• Platform Verification: Only trade Pi Coin on verified, reputable exchanges. Be cautious of unsolicited messages or offers from individuals claiming to buy Pi Coins, as these are often scams.

• Address Accuracy: Always double-check the recipient’s wallet address before confirming any transaction. Cryptocurrency transfers are irreversible; sending Pi Coin to the wrong address will result in a permanent loss of funds.

• Ongoing Vigilance: Regularly update your passwords, review your exchange’s security settings, and stay informed about emerging threats in the crypto space to ensure continued protection of your assets.

Regulatory Compliance

Cryptocurrency regulations vary significantly by country, and Canada is no exception. Regulatory oversight may include tax obligations, KYC (Know Your Customer) requirements, and restrictions on crypto-to-fiat conversions.

• Know the Laws: Canadian users should stay informed about local cryptocurrency laws and regulations. In many cases, converting Pi Coin to fiat currency may trigger tax reporting requirements.

• Use Regulated Platforms: Choosing a crypto exchange that complies with Canadian financial regulations reduces the risk of account freezes or blocked withdrawals due to banking compliance issues.

• Tax Reporting: If required by law, report all capital gains or income generated from Pi Coin sales to the Canada Revenue Agency (CRA) to avoid penalties and ensure full compliance.

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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.

The cryptocurrency market carries inherent risks, including price volatility, technical vulnerabilities, and evolving regulations. While Pi Network has been listed on established cryptocurrency exchanges, users in Canada should exercise caution when selling Pi coins.

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Why Choose BTCC?

Name	BTCC
Launched	06/2011
Website	https://www.btcc.com/
Blog	https://www.btcc.com/blog/
Twitter	https://twitter.com/BTCCexchange
Maker Fees	0.045
Taker Fees	0.045
Perpetual Trading volume(24h)	$ 28.8B
Perpetual Trading Pairs	295
Spot Trading volume(24h)	$ 860.6M
Spot Trading Pairs	335
Fiat Supported
Update Time	2025-08-04 07:11:01

Holding license in the U.S., Canada, and Europe, BTCC is a well-known cryptocurrency exchange, boasting an impeccable security track record since its establishment in 2011, with zero reported hacks or breaches. BTCC platform provides a diverse range of trading features, including demo trading, crypto copy trading, spot trading, as well as crypto futures trading with a leverage of up to 500x. If you want to engage in cryptocurrency trading, you can start by signing up for BTCC.

BTCC is among the best and safest platforms to trade cryptos in Canada. The reasons why we introduce BTCC for you summarize as below:

• Industry-leading security
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• Extremely low fees
• High and rich bonus
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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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