The Pi Network project has reached a pivotal milestone with the launch of its open mainnet, enabling external transactions. But what does this transition mean for the millions of users who have mined Pi tokens? This guide covers everything you need to know about trading PI, including risks, benefits, and step-by-step instructions.
Pi Network’s Open Mainnet Launch
On February 20, 2025, Pi Network transitioned from an enclosed ecosystem to an Open Network, removing previous restrictions on external interactions. This shift allows PI tokens to be:
- Traded on major exchanges
- Integrated with other blockchains
- Used for decentralized applications (dApps)
Key Metrics (Pre-Mainnet Update)
| Metric | Value |
|----------------------------|---------------------|
| Total Migrated Mining | 6,307,541,965.33 π |
| Locked Mining Rewards | 4,711,972,023.17 π |
| Unlocked Circulating Supply | 1,595,569,942.16 π |
| Total Supply | 9,703,910,715.90 π |
👉 Track PI's live price movements
Risks and Opportunities
Potential Benefits
- Early miners can now sell their PI tokens on exchanges.
- Increased liquidity may attract investors.
Risks
- High volatility due to initial trading activity.
- Uncertain circulating supply—estimates range from 600 million to 1.59 billion tokens.
- No hard cap on total supply, risking long-term value dilution.
"Price predictions vary widely—some analysts forecast $1, while others warn of a drop below $0.01."
How to Buy or Sell PI Tokens
Follow these steps to trade PI on Bitget:
Step 1: Create a Bitget Account
- Sign up using an email and password.
- Verify your account via KYC (ID + proof of address).
Step 2: Deposit Funds
- Purchase USDC via bank transfer, credit card, or P2P.
- Deposit existing crypto (e.g., USDT) into your Bitget wallet.
Step 3: Trade PI Tokens
- Navigate to Spot Trading.
- Search for PI/USDC or PI/USDT.
Choose between:
- Market Order (instant execution).
- Limit Order (set your desired price).
Step 4: Secure Your PI
- Hold on Bitget for quick trades.
- Withdraw to a Pi-compatible wallet for long-term storage.
Price Predictions for PI
Analysts speculate widely on PI’s valuation:
| Scenario (Market Cap) | Estimated PI Price |
|------------------------|--------------------|
| $1 Billion | $0.62 |
| $1.6 Billion | $1.00 |
Some optimistic forecasts suggest $10**, while skeptics warn of a crash to **$0.002.
FAQs
1. Can I mine PI tokens after the mainnet launch?
Yes, but rewards may decrease due to higher network participation.
2. Is PI listed on Binance or Coinbase?
Not yet—Bitget is among the first exchanges supporting PI trading.
3. What wallets support PI?
The official Pi Wallet and select third-party wallets.
4. Will PI’s supply increase further?
Possibly—the core team has not confirmed a hard cap.
5. Is PI a good investment?
High-risk, high-reward—research thoroughly before buying.