How to Withdraw Pi From Pi Chain Mall (2024)

by BSC News

February 2, 2023

A quick guide on how to withdraw Pi from the largest marketplace on the mobile mining blockchain.

Easy Steps to Withdraw Pi

Pi Chain Mall (PCM) launched its highly anticipated Pi withdrawal function on February 1st, allowing users to withdraw their holdings.

As of writing, users can only withdraw 50 Pi daily, while the largest Pi Network marketplace works on increasing the withdrawal threshold.

Given the feature’s significant adoption from Pioneers across the crypto space, here is a quick guide on how to withdraw Pi from the platform:

Open the Pi Browser application and visit the PCM official website (pipcm.com).
Click on Account in the bottom right-hand corner of the homepage.

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On the next page, click “Cash Out.”

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Input your email address to receive the email verification code valid for 10 minutes.

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After verifying your email address, click on Google Authenticator. On the next page, you will be prompted to download the application.
If you have installed it, copy and paste the 2FA key into the Google Authenticator app to receive the 6-digit verification code.
Withdraw your Pi.

What is Pi Network:

Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Where to find Pi Network:

FAQs

How to Withdraw Pi From Pi Chain Mall? ›

Pi Network itself does not currently offer any way to withdraw Pi except for a pilot program on their partner platform, Pi Chain Mall (PCM). Here's a breakdown of the current situation: Official Withdrawals (Limited): PCM launched a limited Pi withdrawal feature in February 2024.

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How to withdraw pi from pi network? ›

Discover More Details ›

Is Pi Chain Mall real or fake? ›

Is Pi Chain Mall real? Yes, Pi Chain Mall is a real online shopping platform that operates within the Pi Network ecosystem. Users can browse and purchase products using their Pi coins.

How to convert pi to cash? ›

Currently, Pi cannot be converted into cash. It is created by the Standford graduates and is currently in testing stage. Once it enters into Mainnet, then we may get to convert it into cash. Currently, even the value of Pi is not known.

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How to exchange pi network to USD? ›

As of now, there is no way to swap Pi coins for fiat currency such as USD, EUR, or GBP. The Pi Network is still in the enclosed mainnet phase, which means that Pi coins cannot be transferred or exchanged outside of the Pi Network.

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What is Pi Chain Mall? ›

The Pi Chain Mall (PCM) is one of the most active decentralized applications (Dapps) within the Pi Network. PCM is a decentralized marketplace that allows a global network of users to buy, sell, and trade goods and services using Pi tokens as their currency.

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Can I use pi to buy a car? ›

Can I buy a car in Nigeria using pi network? 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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Is Pi coin a pyramid scheme? ›

The Pi Network app has been accused of being a pyramid scheme. This is because users are rewarded for inviting new members to the network. The Pi Network coin is not yet listed on any cryptocurrency exchanges. This means that users cannot actually sell or trade their coins.

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Does pi pay real money? ›

Is Pi worth real money? While Pi Coin holds potential value within the Pi Network ecosystem, its real value in fiat currency is not yet established as the project has yet to fully launch on the open market.

Can I convert pi to bitcoin? ›

The most common way of converting PI to BTC is by using a Crypto Exchange or a P2P (person-to-person) exchange platform like LocalBitcoins, etc.

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Will pi ever be worth money? ›

Future Outlook: Although Pi Network has not yet launched its mainnet and remains volatile, it is predicted to experience gradual bullish momentum, with price targets potentially reaching $55 to $65 by October 2024 and stabilizing around $60 by December 2024.

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How do I withdraw from the Pi network? ›

Pi Network users have been eagerly awaiting the ability to withdraw their mined Pi coins. However, as of today, March 21, 2024, Pi is still in its development phase, known as the "enclosed network." This means that official withdrawals to external wallets or exchanges are not yet supported.

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What is pi worth? ›

1 PI = 39.53 USD.

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Will I get money from PI network? ›

The Pi platform also boasts a referral system in which an individual can make an extra amount of money based on the sign-up of several new users. The Pi network was launched in 2018, at that time the mining rate was almost 1.6 Pi per hour, which was condensed to 0.8 Pi when a total one lakh new users got registered.

How to convert pi to bitcoin? ›

The most common way of converting PI to BTC is by using a Crypto Exchange or a P2P (person-to-person) exchange platform like LocalBitcoins, etc.