Best Pi Coin Exchanges in 2025

The launch of Pi coin’s open mainnet awoke the sleeping interest of those captivated by the project in previous years – including you! This is a comprehensive best Pi coin exchanges article that covers all you need to know about where and how to buy Pi coins.

It is true that not all exchanges offer Pi coins, and financial regulations in some locations make it difficult to trade Pi coins right now, but we will make it easier for you. We are sure that if you are in the US, UK, Australia, or even Africa, you will find a reputable pi coin exchange to trade in your coins for some cash, or as we call it in crypto, Fiat.

We have done this intensive best Pi Coin exchanges research to cover all central locations in the world, so this will answer your questions on trading factors, Pi coin’s risks and challenges, alternative platforms to trade your Pi coin in, and some airdrops you can join to earn Pi coins for free.

Key Takeaways

• You can trade Pi Coin on major exchanges like OKX, MEXC, Lbank, BitGet, Huobi Global, Pionex, and Bitmart. It is important to note that the functionality of these exchanges is entirely based on the regulatory restrictions in the location you are in.
• The adoption of the Pi Network is growing by the day, and other exchanges like Gate.io, NovaDax, and  XT.com have also shown interest in listing the coin. Binance is predicted to follow later in the future.
• Before trading your Pi Coin, you must consider liquidity, ease of use, fees, security, and the overall market conditions.
• There are risks to hodling pi coins. They include security, volatility, scams, and speculative trading, to list a few.
• As of the time of writing this, Exchanges like BitGet and Bitmarts are offering airdrops for Pi Coin.

Best Exchanges That List Pi Coin

Creating this Pi Coin exchange list was tricky because the opportunity to trade Pi coins isn’t as open as we might think. These platforms have been tested and trusted, so anyone can buy, sell, and trade Pi coins safely, quickly, and at the best price.

What is Pi Coin? 

Pi Coin is the native cryptocurrency of the Pi Network, a mobile-first blockchain-based project that aims to make crypto mining accessible to everyone. Unlike Proof-of-Work (PoW) cryptocurrencies like BTC, LTC, and DOGE, which are mined by power-intensive computational processes, Pi Coin does things very differently.

Namely, before it even officially launched, Pi Network allowed users to “mine” Pi Coins by installing its app on their mobile devices and tapping a button. That’s it. No investments in expensive hardware and no need for blockchain literacy. It seemed too good to be true.

In addition to its unconventional mining approach, Pi Network also raised skepticism by relying on referral tactics, often used by MLMs and pyramid schemes. Specifically, the network incentivized its existing users to recruit new “miners” with awards in Pi Coins. The whole thing seemed very sketchy.

What didn’t help Pi Coin’s credibility was the repeated delays of its mainnet launch. Namely, the Pi Network was supposed to go live in 2022, but things didn’t go according to plan, adding to the uncertainty about the project.

How to Choose the Best Exchange for Trading Pi Coins

Now that we’ve presented our recommendations, we will discuss how you should select the crypto exchange to trade Pi Coins. Whether you decide to go with an option from our Pi Coin exchange list or choose an entirely different platform, there are several key factors you must take into account when making your pick.

Fees

All crypto platforms, including those on our Pi Coin exchange list, charge fees for their services. Whether they charge commissions or transaction fees or rely on an entirely different model, they must generate revenue to maintain their operations.

However, this doesn’t mean you shouldn’t look for the most cost-effective option. Different exchanges use different pricing structures and charge various fees based on various criteria. Some charge flat transaction fees, while others use a maker-and-taker model and charge fees based on the user-generated trading volume in the past 30 days.

In other words, the fee models utilized by different exchanges can vary significantly, and it is up to you to find the one that best suits your trading style and preference. If you plan on trading a lot and frequently, the tiered model may be the better option. If you want to buy once and HODL, a flat fee may suit you better.

Whatever your strategy is, be sure to understand the fee structures and choose wisely. Although they seem small and insignificant, trading fees can add up over time and eat away your profits.

Liquidity

Simply put, liquidity refers to the difficulty or ease with which a trader can buy or sell an asset at a stable price. Higher liquidity means easier execution of trades, while lower liquidity means it can be difficult to execute the trade at the desired price.

Liquidity is not something that exchanges inherently possess but a reflection of their trading activity levels. Crypto exchanges don’t sell crypto assets directly but rather act as central order books where traders place their orders. When a buyer places a buy order, the exchange tries to match it with a sell order placed by another trader at the same or a compatible price.

When an exchange doesn’t have too many active traders that regularly place orders, that exchange is low in liquidity. This means that if you try to buy Pi Coin on an exchange that doesn’t have traders who sell it, you will face delays in your order execution, be forced to buy at a higher price, or not be able to complete your trade at all.

This is why liquidity is one of the most important considerations when deciding where to buy a Pi Coin or any other cryptocurrency.

Security

Security should naturally be a primary concern when choosing any type of platform that will get access to your personal and sensitive information (this can be called data security). However, when choosing a crypto exchange, security considerations become even more important.

This is because, unlike traditional financial institutions, which are usually insured, fund protection is a real uncertainty on crypto exchanges. While a handful of the best crypto platforms offer compensation to their users in cases of platform-level breaches, individual hacks and misuse of credentials are almost never covered.

Instead of taking the insurance path, crypto exchanges do their best to prevent the loss of funds. They provide their users with a variety of security features and tools they can use to eliminate the risk of unauthorized access from third parties.

Given that the responsibility of securing accounts is left to the users themselves, you want to be sure you evaluate the security measures when selecting a crypto exchange for trading Pi Coin. Opt for an exchange that provides features like two-factor authentication and end-to-end encryption and stores users' funds in cold storage.

Ease of use

A seamless trading experience can make all the difference, whether you’re a seasoned trader or just getting started with Pi Coin. The best exchanges offer an intuitive and hassle-free interface, ensuring you can focus on trading instead of navigating complex systems.

Not all platforms are created equal, though. Some exchanges prioritize simplicity, while others cater to advanced traders with a cluttered dashboard full of technical tools. The right choice depends on your experience level and trading needs.

If you’re new to crypto trading, look for an exchange with a clean and straightforward interface, easy account setup, and smooth deposit and withdrawal options. A well-optimized mobile app can also be a game-changer, allowing you to trade on the go.

For those who trade frequently, execution speed and platform reliability become even more critical. Delays in placing orders can mean missed opportunities, so an exchange with fast and responsive order matching is key.

Customer Support

No matter how smooth or intuitive an exchange may seem, at some point, you’ll likely run into an issue—whether it’s a delayed transaction, an account verification problem, or just a question about fees. When that happens, having reliable customer support can make all the difference between a minor inconvenience and a major headache.

Not all exchanges offer the same level of support. Some provide 24/7 live chat, email, and phone support, while others rely on community forums and FAQs. If you prefer quick responses and real-time assistance, an exchange with live chat and a fast response time is necessary.

It’s also worth checking how responsive and helpful the support team is. Some exchanges may claim to offer support but take days to respond or provide generic, unhelpful replies. User reviews can give you a good idea of how well an exchange handles customer inquiries.

If you’re new to crypto trading, a well-structured help center with guides, FAQs, and tutorials can be just as valuable as direct support. The more resources available, the less you’ll need to rely on customer service in the first place.

What Kind of Crypto Exchanges Offer Pi Coin?

In addition to discussing the most important factors when choosing an exchange, understanding the different types of crypto exchanges can also help you make a better decision about where to buy Pi Coin. So, without further ado, let’s explore the three primary types of crypto exchanges and break down their pros and cons.

Centralized Exchanges (CEXs) 

Centralized exchanges are crypto trading platforms that resemble the more traditional financial service platforms. Their operations are overseen and regulated by a central authority that takes custody of users’ funds and acts as an intermediary in trade execution. These exchanges typically adhere to the requirements of the financial authorities.

Benefits of Using CEXs to Trade Pi Coin

• Easier to use, simplified user experience, user-friendly interfaces, and customer support
• Generally more liquid than DEXs, allowing for smoother trade execution
• Take care of custody and storage of cryptocurrencies in the name of the user
• Typically support fiat deposits and fiat purchases with payment on-ramp solutions

Issues With CEXs to Trade Pi Coin

• Expose users to custodial risks such as cyberattacks, insolvency, or mismanagement
• KYC verification is mandatory, or at least required, for a normal trading experience
• Typically, only support a select list of popular and semi-popular cryptocurrencies

Decentralized Exchanges (DEXs)

Decentralized exchanges are crypto trading platforms that operate without the governance of a central authority. These exchanges typically operate unregulated, don’t take custody of users' funds, and allow buyers and sellers to trade directly with each other without mediation.

Benefits of Using DEXs to Trade Pi Coin

• Eliminate custodial risk by allowing users to trade directly from their wallets
• Reduce counterparty risk by relying on smart contracts for trade execution
• Grant greater privacy and anonymity by not requiring KYC verification
• Provide access to lesser-known niche coins that may not be listed on CEXs

Issues With DEXs to Trade Pi Coin

• Not as beginner-friendly, due to complex interfaces, no customer support, etc
• Typically, they only facilitate crypto-to-crypto trades and don’t support fiat purchases
• Generally, they are less liquid than centralized exchanges

Hybrid Exchanges

Hybrid exchanges have been on the rise in recent years and operate in a unique operational model where they combine features from both CEXs and DEXs. They allow users to choose whether they want to give the exchange custody of their funds or engage in P2P trading directly from their wallets.

Benefits of Using Hybrid Cryptocurrency Exchanges for Trading Pi Coin

• It gives users the flexibility to choose whether or not to give custody of their funds
• They are user-friendly, just like centralized exchanges - providing customer support
• They support fiat deposits and payment on-ramp solutions
• They are typically highly liquid, allowing for efficient and smooth trade execution

Issues With Hybrid Cryptocurrency Exchanges for Trading Pi Coin

• Struggle with regulatory uncertainty because of their hybrid approach
• It may require KYC verification even for P2P trading
• A relatively new model whose success is yet to be proven

Centralized vs. Decentralized Exchanges for Trading Pi Coin

If you are not sure what type of exchange you want to use for your Pi Coin trading needs, CEX or a DEX, maybe this simple yet useful comparison table can help you make up your mind.

In our humble opinion, CEXs are the better option to trade Pi coins for both beginners and experienced traders as they provide better liquidity and are more user-friendly. While DEXs offer some unique advantages, we believe they are best utilized by crypto-savvy individuals, and we don’t recommend them to inexperienced and casual traders.

How to Buy Pi Coin on a Crypto Exchange

If you have been hearing about Pi Coin and want to join in on the growth and adaptation, it is not too late for you. This is how you can buy or trade pi coins right now.

Step 1: Pick a Trusted Crypto Exchange

The first thing you need to do is choose a reliable exchange where Pi Coin is listed. Some popular options include:

• Bitget: Great for beginners and offers high liquidity.
• OKX: Known for its security and wide range of trading pairs.
• Pionex: A trusted platform with US and global access.

It’s important to stick to exchanges that officially list Pi Coin. Avoid platforms offering fake versions or IOUs (promises to deliver Pi Coins later).

Step 2: Create an Account and Verify Your Identity

Once you’ve chosen an exchange, sign up for an account. Most exchanges require identity verification (KYC) before you can start trading. Here’s what you need to do:

1. Go to the exchange’s website or app and create an account using your email or phone number.
2. Complete the KYC process by uploading a government-issued ID and a selfie (don’t worry, it’s standard practice).
3. Set up two-factor authentication (2FA) for extra security.

This process ensures your account is secure and ready for trading.

Step 3: Deposit Funds Into Your Account

To buy Pi Coin, you’ll need to fund your account first. Most exchanges trade Pi Coin against USDT (Tether), so here’s how to deposit:

1. Head to the “Deposit” section of the exchange.
2. Choose how you want to fund your account:
   • Crypto Deposit: Transfer USDT, BTC, or ETH from another wallet.
   • Fiat Deposit: Use bank transfer, credit card, or PayPal (depending on the exchange).
3. Enter the amount you want to deposit and confirm the transaction.

Once your funds are processed, they’ll show up in your wallet on the exchange.

Step 4: Buy Pi Coin

Now that your account is funded, it’s time to buy Pi Coin! Here’s how:

1. Go to the “Spot Trading” or “Markets” section of the exchange.
2. Search for the PI/USDT trading pair (or PI/BTC if available).
3. Choose your order type:
   • Market Order: Buy Pi instantly at the current market price.
   • Limit Order: Set a specific price at which you want to buy Pi and wait for someone to sell at that price.
4. Confirm your order, and once it’s executed, your Pi Coins will appear in your account balance.

Step 5: Secure Your Pi Coins

After buying Pi Coin, it’s a good idea to transfer them to an external wallet for safekeeping. While exchanges are convenient for trading, they’re not ideal for storing large amounts of crypto due to potential security risks like hacking.

Alternative Methods to Buy and Sell Pi Coin

Having already discussed the best Pi Coin exchanges, it is only fair we also explore some alternative ways to purchase the crypto. It does not matter if you don’t want to use a CEX or don’t have access to one, the following methods can be a worthwhile alternative to trade your coin.

P2P Platforms

P2P trading platforms are crypto marketplaces that connect buyers and sellers directly and allow them to trade cryptocurrencies on their terms. Unlike CEXs that use an order book and a matchmaking system, these platforms allow buyers to browse listings posted by sellers and choose an offer that suits their needs.

They also allow buyers to contact sellers before they initiate a trade and negotiate the price, payment method, or other transaction terms. In most cases, P2P platforms act as escrow to ensure the integrity of their transactions.

Cryptocurrency ATMs

Cryptocurrency ATMs are physical machines that, much like traditional cash dispensers, allow users to make deposits or withdrawals, but with cryptocurrency. In addition, most crypto ATMs also allow users to purchase cryptocurrency using a debit card or a cash payment.

While, at the moment, no cryptocurrency ATM supports Pi Coin, these machines give users who have no access to banking services the unique opportunity to own the crypto, though it takes an extra step to do it. They can purchase any other supported coin, like BTC or ETH, from the crypto ATM and then swap it with Pi Coin on an exchange that supports it.

Crypto Wallets

In addition to their primary purpose of keeping coins safe and facilitating crypto transactions, some hot wallets allow their users to purchase cryptocurrencies directly from their interface. These are crypto wallets with built-in exchange features that can make the process of buying and storing cryptocurrencies much more straightforward.

When a trader buys a cryptocurrency from their wallet, they eliminate the extra step of making a withdrawal and automatically store the coin in a wallet whose private keys belong to them. That said, we haven’t heard that any of the wallets with this feature have listed Pi Coin as of yet.

Online Brokerages

Online brokers are platforms that specialize in helping users trade traditional financial instruments like stocks and bonds. However, many have already expanded their service offerings and added cryptocurrencies to their list of supported tradable asset classes.

Currently, none of the mainstream crypto-friendly online brokerages support Pi Coin, and there is no way users can buy the coin from such a platform. However, over time, if the crypto gains enough traction, some platforms like eToro or Robinhood might add it to their lists of supported cryptocurrencies, and users may be able to buy it from them.

Risks and Challenges of Trading Pi Coin in 2025

Pi Coin’s transition to open-market trading presents exciting opportunities, but it also comes with risks that traders should be aware of. Like many emerging cryptocurrencies, Pi Coin faces challenges related to volatility, security, and speculative market conditions. Understanding these risks is crucial before engaging in trading.

Volatility

Pi Coin’s market is still in its early stages, which makes it highly volatile. Unlike established cryptocurrencies with years of trading history, Pi Coin’s price is influenced by speculation, low liquidity, and sudden surges in demand.

This means that the value of Pi Coin can spike dramatically in a short time, only to drop just as quickly. Traders looking for quick profits may be drawn to these price swings, but without a solid strategy, they could suffer major losses.

Additionally, new cryptocurrencies often experience price manipulation, where large holders, also known as "whales," can influence the market by executing large trades. If you’re planning to trade Pi Coin actively, be prepared for unpredictable market movements.

Setting stop-loss orders and managing risk properly can help prevent significant financial setbacks. For those who prefer stability, holding Pi Coin long-term might be a better option than attempting to time the market.

Scams

The rise of Pi Coin has also attracted scammers looking to exploit inexperienced traders. Since Pi Coin is still new to many exchanges, fraudulent platforms and phishing scams have emerged, tricking users into depositing their funds on fake trading sites.

Some scams promise unrealistic returns or claim to offer exclusive Pi Coin trading opportunities, only to disappear with users' funds.

To avoid falling victim to these schemes, always trade on trusted platforms with escrow services that protect both buyers and sellers. Researching the credibility of an exchange, checking user reviews, and avoiding offers that seem too good to be true are essential steps in securing your assets.

Another red flag is Ponzi schemes or unauthorized "investment programs" that claim to multiply your Pi holdings. Remember: if a deal sounds too good to be true, it probably is. Always double-check sources, avoid shady websites, and never share private keys or login credentials with third parties.

Speculative Trading Bubbles (Market Condition)

Pi Coin’s price is largely driven by speculation, making it vulnerable to trading bubbles. When a cryptocurrency first becomes available for trading, early adopters often rush in, creating high demand and causing prices to soar. However, this hype is not always sustainable, and once the initial excitement fades, prices can plummet just as quickly.

If Pi Coin experiences a speculative bubble, traders who buy at the peak could suffer significant losses when the market corrects itself. Many new traders fall into the trap of "FOMO" (fear of missing out), purchasing assets at inflated prices only to watch them crash shortly after.

To avoid these pitfalls, it’s important to follow technical and fundamental analysis. Look at trading volume, market sentiment, and Pi Coin’s real-world adoption before moving. Instead of blindly following trends, focus on long-term potential and ensure that Pi Coin fits within your overall investment strategy.

Security Concerns

Security should always be a priority when trading Pi Coin. While major cryptocurrency exchanges invest in strong security measures, not all platforms are equally reliable. Make sure to choose wisely, as some newer exchanges may lack the infrastructure needed to prevent hacks, data breaches, and unauthorized withdrawals.

Another concern is wallet security. If you’re holding Pi Coin outside of an exchange, you need to use a secure and reputable wallet to store your assets safely. Some traders fall victim to phishing attacks, where scammers impersonate official wallet providers to steal private keys. Others unknowingly download fake wallet apps that compromise their holdings.

To protect yourself, always enable two-factor authentication (2FA) on your trading accounts, store your Pi Coins in a hardware wallet or trusted software wallet, and be cautious when interacting with unknown websites or messages. Cybersecurity threats are a major issue in the crypto world, and being cautious can prevent you from becoming a target.

Airdrops, Promotions, and Incentives of Trading Pi Coins

Given that the Pi Coin recently entered the open market, many of the exchanges it is listed on offer different kinds of incentives to increase its adoption and user engagement with the coin. Initiatives like airdrops and promotional campaigns help them not only attract new users but also increase liquidity levels and create a better market, but for you, it is FREE money.

Below, you can find the details about the promotional offers and incentives on some of the best exchanges for Pi Coin, as well as how to be a part of the ongoing campaigns and claim your rewards - this list will be updated periodically.

• Pi Network's Official Airdrop – Jan 1, 2025 - Feb 28, 2025 – Pi Network is celebrating its Open Mainnet launch with an official airdrop, marking its transition to full decentralization. Pioneers must complete KYC verification and migrate their Pi balances to the Mainnet before February 28 to be eligible. This event ensures that only verified users can claim their Pi holdings.
• Bitget’s $60,000 PI Airdrop – Feb 14, 2025 - Mar 3, 2025 – Bitget is celebrating the listing of Pi Coin with a $60,000 PI airdrop, rewarding multiple users through KYC verification, deposits, and trading activities. The prize pool is divided among eligible participants, with rewards allocated on a first-come, first-served basis. Registration in the Bitget app is required.
• BitMart’s $3,000 USDT Giveaway in Pi Coin – Feb 10, 2025 - Feb 28, 2025 – BitMart is running a $3,000 USDT giveaway, where 300 users will be randomly selected to receive $10 worth of PI each. To qualify, users must complete KYC verification and meet BitMart’s participation criteria. Winners will be chosen at random, and rewards are limited.

Closing Thoughts

Choosing the best exchange for trading Pi Coin comes down to security, ease of use, fees, and trading features. It rarely matters if you prioritize low fees, strong security, or a user-friendly experience, but it’s essential to pick a platform that aligns with your trading style.

Always research an exchange’s reputation, ensure it has robust security measures, and verify its liquidity before committing. Since Pi Coin is still evolving in the market, staying informed and using trusted platforms is crucial. The right exchange can make your trading journey smoother, safer, and more profitable in the long run. Trade smart and stay cautious.

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FAQ About Trading Pi Coins