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? ›

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How do I redeem my pi for money? ›

Once you have Pi coins in your wallet, you can use a Pi exchange platform to convert your Pi coins into a fiat currency or another cryptocurrency that can be exchanged for fiat currency.

Can pi be withdrawn now? ›

Is Pi withdrawable? The short answer is that Pi is NOT currently withdrawable. This is because Pi is not actually a cryptocurrency yet. The Pi displayed on your device is just a number.

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How to cash out pi coin 2024? ›

One of the primary ways to cash out Pi coins before the official exchange launch is through peer-to-peer (P2P) mechanisms. This method allows pioneers to exchange Pi coins directly with other users, bypassing intermediaries such as crypto exchanges.

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How much is 1 pi in dollars? ›

38.13 USD

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How can I transfer my PI to my bank account? ›

How To Withdraw Pi Coin in Nigeria

Launch your Pi Browser.
Go to Unlock Pi Wallet.
Go to Pay/Request.
Go to Manual Add Wallet Address.
Enter the Volume Pi you want to sell.
Enter Pi Recipient Address.
Transfer the Pi Tokens to the recipient.
Confirm and Get Naira to your bank account.

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Can I convert my pi to cash? ›

Can Pi be converted into cash? Currently, Pi cannot be converted into cash.

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Can I transfer PI to dollars? ›

You can convert 1 PI to 41.14 USD. Live PI to USD calculator is based on live data from multiple crypto exchanges. Last price update for PI to USD converter was today at 23:07 UTC .

Is pi coin real or fake? ›

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. Pi Coin holders and enthusiasts have begun issuing IOUs to give the coin an implied value and exchange it for goods and services.

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Can I sell my Pi Network now? ›

Unfortunately, as of today, December 23, 2023, you cannot directly sell Pi Network coins in India or anywhere else. The Pi Network is still in its early stages, and the mainnet hasn't launched yet. This means Pi coins haven't been listed on any official cryptocurrency exchanges.

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Will pi ever be worth money? ›

Will PI ever be worth anything? It might be, but only when its mainnet comes out and it comes onto the open market. Even then, how much money it will be worth is a matter of pure speculation. Pi Network continues to catch attention for its phone-based mining approach and potential as a payment platform.

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Will pi coin ever be listed? ›

The Pi Network is in the transition stage from Testnet to Mainnet. The Pi Network is planning to move into the Open Network phase of Mainnet in 2024, but a specific transition date has not been set yet. The Pi coin will become available for public sale when the transition is completed.

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What is the pi price today? ›

Pi Price Summaries

Pi's price today is US$40.31, with a 24-hour trading volume of $305,472. PI is -1.44% in the last 24 hours. It is currently -3.26% from its 7-day all-time high of $41.66, and 7.06% from its 7-day all-time low of $37.65.

Can I convert my PI to cash? ›

Can Pi be converted into cash? Currently, Pi cannot be converted into cash.

How will I get money from pi? ›

To start mining PI, users must download the Pi Network app and sign up using an invitation code, usually received from the person who referred them. The Pi mining app doesn't need to stay open for the mining to occur. Users must check in every 24 hours and hit the lightning button to boost their mining rate.

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How to exchange Pi Network to USD? ›

How to convert PI for USD? You can convert Pi Network to US Dollar by selling PI for USD on a cryptocurrency exchange.