How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (2024)

Thinking where to Sell Pi Network Coin in Nigeria for USDT? If yes, then you're at the right place.

If you’re a Pi coin pioneer, you might want to consider selling your Pi tokens for USDT or other assets on Binance.

The P2P Coins section on Binance has become the home for many private sellers and merchant dealers.

Not only does Binance have the largest audience in the world, but it’s also the most popular crypto site with the most digital assets, but the question is, is Pi coin listed on the Binance P2P section or marketplace for a swap?

By the way, I talked about “Pi Coin Pioneer”.

For context, a pioneer is a Pi user of the Pi mobile app who is simply confirming that they are not a “robot” daily. How?

By validating their presence every time by signing in to the app. You can learn more about it in detail here.

No, you cannot sell or exchange Pi coins on the Binance P2P marketplace because it is not officially listed for trading.

As in, it has no trading pairs on the Binance crypto site (yet). And unfortunately, Binance is currently banned in Nigeria. But the good news? See below.

Originally, you can easily sell your Pi tokens and get the Naira equivalent, however, if you want to sell Pi Coins and get USDT on Binance Exchange, then fnfSwap Nigeria will still; help you do that.

That is to say, instead of giving you Naira, you get USDT if that is what you want in place of your Pi coins.

Kindly note that the Pi coin has no official price/rate yet. What is seen on the internet are speculative rates which are not endorsed by the Pi project’s team.

The big question?

First off, to sell Pi Coins and get USDT, the minimum Pi coins sell volume is 1,500 Pi tokens.

That is to say, if you want to get USDT in place of Naira for Pi exchange, then, the minimum volume threshold is 1,500 Pi tokens for USDT.

And in case you don’t have up to this yet, keep in mind that you can always sell your Pi coins for Naira at a good exchange rate and experience.

Pi Coin Volume → 1,500

@ Naira Rate → 290/Pi {dynamic rates}

Total USDT to receive → $300+ {dynamic rates}

∴ 1,500 Pi Coins @ the prevailing exchange rate = $300+

As in, you get $300+ for 1,500 Pi coins.

Other Pi to USDT Exchange Rate Table

  • 1600s Pi >> $300+s
  • 1700s Pi >> $310+s
  • 1900s Pi >> $320+s
  • 2,000s Pi >> $330+s
  • 2,200s Pi >> $340+s
  • 2,500s Pi >> $340+s

NOTE – the real Pi to USDT Exchange Rates shall be communicated at the point of transaction.

Note – USDT funding rate & Pi exchange rates are subject to change. Both of these shall be communicated to you at the point of exchange/transaction unless the market exchange rate is the same as depicted above.

Meaning, that the USDT value you get can be more or less – based on the prevailing exchange market rates.

Time of Processing – 9 hours to pay in USDT

What is the Worth of Pi?

The real worth of Pi is not yet determined. What do I mean?

One of the reasons is that Pi is not yet officially available for trading even though listed on some global crypto market cap websites and exchanges like Huobi and the like.

If it does not sound too technical, the thing is, all the Pi listed and assumed to get traded on exchanges right now are on the “I owe you bases”, and not real Pi tokens.

An IOU (abbreviated from the phrase “I owe you” is an informal document acknowledging the value of a thing.

In essence, IOUs are nothing more than casual notes that people create to remind them they need to pay a debt “of a speculated value” on a future date.

Sometimes they include the party’s names (or company names), the value, the signature, and the date they were created.

However, as informal documents, IOUs do not include any information about the consequences of not paying or the specific dates that it should be paid.

Let’s see Pi value in Dollars.

On CoinMarketCap

If you check Coinmarketcap.com, you will see that Pi is valued at $39.56.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (1)

Now if you look closely, you will see this information “Please note that mainnet has not launched yet and the price displayed below for certain exchanges reflects the value of the IOUs and it may not be transferable across exchangesHow To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (2)

The above means, the rate you are seeing does not hold any weight as it is ONLY speculative.

In essence, the Pi coin you own now is USELESS/VALUELESS (in the literal sense) because there is no official rate or platform to sell it for cash.

By context – it is just like being promised a job but no official offer letter was issued. Meaning, that the job is not recognized.

Therefore, you can choose to keep your Pi for the next 10 years. It will still be USELESS until there is an official platform to sell it off.

But the good news?

WE buy the Pi at fnfSwap Freelance TO GIVE you value for the efforts of mining the coin with your phone over time (*you can think deeply for more understanding).

To sell your Pi now at our rate, follow the steps below or join our Pi for Naira community here.

How to Sell Pi Coins and get USDT on Binance Exchange

Let’s see how to sell Pi coins and get Naira or USDT on Binance. And note, apart from Binance, you can get your funds on another crypto platform.

1. Agree on Pi/Naira or Pi/USDT Rate

The first step to exchanging your Pi coins is to agree on the rate you are willing to sell your Pi coins for. Secondly, decide if you want the Pi exchange equivalent payment in Naira or USDT. When agreed upon, move to the next step.

2. Send the Pi Tokens

Having agreed on the rate you want to sell your Pi tokens, and of course, the receiving currency, go ahead and transfer the Pi coins to the wallet you will be given.

Just in case you do not know how to send the funds out from your pi wallet, see the steps here in detail on how to sell/transfer pi coins.

3. Get USDT to your Binance Crypto Wallet

Having sent out the Pi funds and given the receipts as requested, kindly follow up and drop your Binance USDT Wallet or Binance email for the funds to be deposited.

And if you don’t have a Binance account yet, click here to open an account so we can easily use email and send you the USDT.

Ready to Sell Pi Coins and get USDT on Binance Exchange or Naira? If yes, get started below.

We already stated that unfortunately, Binance is currently banned in Nigeria.

Now, if you are contemplating the crypto platform to use for daily transactions, then I recommend a good alternative as Bybit.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (5)

Bybit is what I am currently using unless I want to do Binance-specific transactions, then I go with Binance. Apart from that, the Bybit crypto platform works pretty well as Binance.

To get started with Bybit, download the app from the Apps Store first since the government does not allow Bybit site access.

Download for Android | Download for ios

Having downloaded it, on the signup page, use my reference code “ZYDZOK” – to sign up at no extra cost to you.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (6)

And if you already have it, you can go ahead and use it in place of Binance.

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at https://www.bybit.com/

Set up on Bybit

Read alsoHow To Sell Pi Coin in Nigeria High Rates.

Some of the Pi to Naira swap with fnfSwap Digital.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (7)

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (8)

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (9)

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (10)

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (11)

And more…Get started below to sell your coins.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (13)

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FAQ about Where to Sell Pi Coins in Nigeria

There is no official pi coin exchange platform, but in Nigeria, you can use a freelance digital service like fnfSwap to sell your Pi coins and get Naira or USDT.

You can’t sell it directly as the trading pairs are not available, however, you can do that by selling via a freelance service like fnfSwap Nigeria.

Yes, Pi coin is listed, but not for trading.

Pi Network was founded in 2018 by two Stanford University academics, Nicolas Kokkalis and Chengdiao Fan, with a whitepaper and app coming on 14 March the following year.

As Pi can’t yet be traded, it currently holds no value, said Susannah Streeter, senior investment, and markets analyst at Hargreaves Lansdown. Would you want to bank on this information This is left for you – at your discretion.

The Nigerian Black-market value of Pi ranges from ₦320+ per Pi to ₦300+ per Pi token.

Many experts think it is too early to determine this. Why? Because, as with all new cryptocurrency and digital coin projects, it’s difficult to know for sure whether it’s legitimate or a scam.

According to Ms Streeter, “be careful about handing over more personal data than you’re comfortable sharing. The app is also built on “highly nascent and unproven technology.”

She said: “Although lofty promises are made there is zero guarantee this network will have a future.

“It is far too early to tell if the coins being earned will be worth anything.

“Because of this users should be wary of committing too much time to the app and be happy with the level of personal data they are handing over.”

So far, the all-time high of Pi since it was launched. Stands at $330.65. You can monitor the rate here.

Alternatives to Pi Coins

USDT Coin

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (15)

USDT is a global currency which is designed to be = to the USD.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (16)

BNB is the crypto coin that powers the BNB Chain ecosystem.

How To Sell Pi Coin on Binance | Pi Coin Exchange in Nigeria (2024)

FAQs

How to sell pi coin on Binance? ›

For now, you can't sell Pi coins on major cryptocurrency exchanges like Binance or Coinbase. This means you won't be able to directly convert your Pi into cash through those platforms. What can I do to sell my pi coins now? To sell your Pi coins now, complete the KYC verification in the Pi Network app.

How to withdraw pi in Nigeria? ›

How To Withdraw Pi Coin in Nigeria
  1. Launch your Pi Browser.
  2. Go to Unlock Pi Wallet.
  3. Go to Pay/Request.
  4. Go to Manual Add Wallet Address.
  5. Enter the Volume Pi you want to sell.
  6. Enter Pi Recipient Address.
  7. Transfer the Pi Tokens to the recipient.
  8. Confirm and Get Naira to your bank account.

Can I exchange a pi coin for cash? ›

Currently, Pi cannot be converted into cash.

How much is 1000 pi in naira? ›

Today vs. 24 hours ago
AmountToday at 9:16 am24 hours ago
50 PINGN 65.83NGN 69.23
100 PINGN 131.66NGN 138.47
500 PINGN 658.28NGN 692.34
1,000 PINGN 1,316.57NGN 1,384.68
4 more rows

How much is pi sold in Naira? ›

Convert Pi Network (PI) to NGN
PINGN
0.1 PI5072.54 NGN
1 PI50725 NGN
2 PI101451 NGN
5 PI253627 NGN
6 more rows

How do I cash out my Pi coin? ›

Can I withdraw my Pi? When can I turn Pi into “real” money? No, you cannot withdraw Pi yet. Withdrawals or transfers of Pi are restricted until the project reaches Phase 3 (Mainnet) to prevent bad actors from accumulating Pi from fake accounts.

Can I sell my Pi coins now? ›

The current state of things is clear - you can't buy Pi Network coin, and if you're wondering, “can I sell my Pi coins?”, the answer's the same - at this point in time, you cannot. It's also unclear when you'd be able to do so - as in, when the mainnet will open.

Is pi listed on any exchange? ›

Moreover, the Pi Network has not set a maximum supply for the coins yet. And since the Mainnet is presently enclosed, the Pi coins have not been listed on any exchange platforms, which means that they cannot be traded on crypto exchanges or even shared out of the network yet.

How to transfer pi to exchange? ›

To transfer PI coins to Binance, you would first need to ensure that Binance supports PI coins. If Binance does support PI coins, you can transfer them by generating a PI wallet address on Binance and then sending your PI coins from your PI wallet to the provided Binance wallet address.

Can you turn PI into USD? ›

The price of converting 1 Pi Network (PI) to USD is $31.25 today.

Is pi listed on Binance? ›

Pi Price(PI) Note: This coin is not listed on Binance for trade and service.

How do you sell pi coins for cash? ›

Currently, Pi pioneers miners or Users who have mined the Pi cryptocurrency will only be able to withdraw or exchange their coins during the project's third phase when it moves to a decentralised blockchain. As of now, Pi coins cannot be converted to cash or other cryptocurrencies.

How do I trade PI coins to dollars? ›

How to Buy PI with USD
  1. Identify where to trade PI. Pi Network (PI) can be bought and sold across 6 crypto exchanges such as HTX, but it does not have the highest trading volume or Trust Score amongst the exchanges listed on CoinGecko. ...
  2. Choose a suitable exchange. ...
  3. Buy PI with USD on CEX.

Can I use pi to buy things in Nigeria? ›

Yes, you can. All you need to do is exchange the car worth of Pi to Naira and use the proceeds to buy the card.

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