Pi Network has gained significant attention as a decentralized cryptocurrency that can be mined using mobile devices. Many Pi users are eagerly waiting to withdraw their coins and use them for transactions or trading. However, as of now, Pi is still in its Enclosed Mainnet Phase, meaning withdrawals are limited to those who have completed KYC verification.
In this guide, we will walk you through the steps to withdraw your Pi Coin when it becomes available.
Step 1: Ensure You Are Eligible for Withdrawal
Before withdrawing Pi Coin, you must check if you meet the following requirements:
- Completed KYC (Know Your Customer) verification
- Migrated Pi to the Mainnet
- Set up your Pi Wallet
To check your eligibility:
- Open the Pi Network app.
- Navigate to the Mainnet section.
- See if your Pi has been migrated from your mining balance to the Mainnet balance.
- Go to the Pi Browser, click on KYC, and complete the verification process if you haven’t already.
Step 2: Set Up Your Pi Wallet
To store and withdraw your Pi Coins, you need a Pi Wallet:
- Open the Pi Network app.
- Click on the Mainnet Checklist and follow the steps.
- Open the Pi Browser and navigate to the Wallet section.
- Generate a new Pi Wallet and securely store your passphrase (DO NOT share it with anyone).
- Link your wallet to the Pi app.
Once set up, your Pi Wallet will be ready to receive and send Pi.
Step 3: Move Your Pi to Your Wallet
After setting up the wallet, you need to move your Pi from your mining balance to your Mainnet Wallet:
- Go to the Mainnet Migration page in the Pi app.
- Select “Transfer” to move your available Pi to your Pi Wallet.
- Confirm the transaction and wait for the transfer to be completed.
Step 4: Withdraw Pi to an External Exchange (When Available)
At present, Pi Coin has yet to be officially listed on major cryptocurrency exchanges. However, once it is listed, you will be able to withdraw it by following these steps:
- Find a supported exchange (such as Binance, Huobi, or any officially announced platform).
- Create an account and complete KYC verification on the exchange.
- Go to the Deposit section and select Pi Coin.
- Obtain the deposit address assigned by the exchange.
- Open your Pi Wallet and initiate a transfer to the deposit address.
- Confirm the transaction and wait for the Pi to appear in your exchange wallet.
- Trade or withdraw Pi as needed.
Important Notes & Warnings
- Pi Network is still in the Enclosed Mainnet Phase, meaning external transactions are restricted.
- Avoid scams—many unofficial platforms claim to support Pi withdrawals but are fraudulent.
- Stay updated through the official Pi Network website and social media channels.
- Never share your Pi Wallet passphrase or login credentials with anyone.
Final Thoughts
Pi Network aims to revolutionize decentralized finance by making cryptocurrency accessible to everyone. While full withdrawals and trading are not yet available, ensuring your KYC verification is complete and setting up your Pi Wallet will prepare you for the next phase.
Stay patient and keep mining—Pi Network’s open mainnet is expected to bring exciting opportunities soon!
🚀 Stay tuned for updates and happy mining!
