SPONSORED POST* Pi Network (PI) is one of the most controversial

As the world’s first digital currency that can be mined via mobile devices, Pi Network has attracted over 45 million users

Pi Network (PI) is among the most talked-about and controversial projects in the cryptocurrency domain. Designed as the world’s first digital currency mineable via mobile devices, Pi Network has amassed over 45 million users since its inception in 2019, especially in Asia, South America, and Africa.

The project’s unique “light mining” model, a stark contrast to traditional mining, has sparked massive interest among investors, especially in the price performance of PI Coin and how to cash out their holdings.

The PI token experienced a significant surge in value following the official launch of its mainnet on February 20, 2025. According to data from Gate.io, one of the first mainstream exchanges to list PI, the coin’s price increased from approximately $0.55 at launch to $3.81 by April 9.

This price surge represents a rise of over 590%, marking a critical milestone as PI transitions from a closed ecosystem to the open market. The mainnet launch has enabled PI to be traded on major exchanges, greatly enhancing its liquidity and future value potential.

However, with this new stage of development comes a crucial factor for PI holders: how to sell their coins.

The potential for scams is high, especially with unofficial trading platforms quickly emerging after the mainnet launch. For safe and efficient selling, it’s recommended to use a reputable exchange like Gate.io, which is actively supporting PI trading.

To sell PI on Gate.io, users must first complete the KYC (Know Your Customer) verification process, which ensures compliance and trading security. After completing KYC in the Pi Network app and migrating their PI tokens to the mainnet, users can register an account on a PI-supporting exchange such as Gate.io and finish identity verification.

Once verified, users can transfer their PI tokens to their exchange wallet. After the transfer is complete, they can access the trading section, select the PI/USDT trading pair, and place a sell order by setting a desired price and amount.

As of April 2025, PI Coin’s market activity and liquidity show healthy signs. On Gate.io, the 24-hour trading volume of the PI/USDT pair exceeds $170 million, indicating robust trading activity. This high liquidity ensures that holders can sell their tokens efficiently with minimal slippage.

However, despite its popularity, Pi Network has also faced skepticism due to its free mining model and delayed entry into open trading, especially compared to Bitcoin or Ethereum.

Nevertheless, its vast user base and highly active community are rare assets in the crypto world. If the Pi Network team can deliver on its promise of building a decentralized ecosystem and continue rolling out practical use cases, PI Coin might yet become a leading cryptocurrency.

The project has already launched key infrastructure, including the Pi Browser, Pi SDK, and a series of ecosystem development programs. These tools have attracted global developers to build dApps within the Pi ecosystem, signaling a shift from mere community enthusiasm to real-world applications.

This pivot towards a decentralized ecosystem could be critical for Pi Network’s long-term success as it navigates the competitive landscape of Web3.

The project is filled with both controversy and anticipation. With its innovative approach to mobile mining, Pi Network lowers the barrier to entry for crypto participation.

For PI holders, the current focus should be on closely following Pi coin news, staying alert to unofficial trading risks, and maintaining a rational perspective on price fluctuations. As the broader crypto market continues to mature, only time will tell whether Pi Coin is an empty promise or the next breakout digital asset.

This article was paid for. Cryptonomist did not write the article or test the platform.