– Selling your pie coins right now is like trying to cash in an IOU, not the real deal yet. But hey, there’s a way out! If you’ve done your kyc and your coin is in the p wallet, you can sell it over the counter. The CEO recently announced a roadmap, so 2024 might be the big year for pie coin. Exciting times ahead! ππ₯§
# How to Sell your pi Coins: Pi Network Latest Update 2023
## Introduction π
In this article, we will discuss how to sell your pi coins and the latest updates on the Pi Network. We’ll cover the current price of pi coin, where it can be sold, the latest network updates, and more.
## Selling Your Pi Coins π°
At the time of writing this, the current price for pi coin is approximately $28 on Coin Market Cap. It is sold on exchanges like Hubie, Bitmat, and others. However, it’s important to note that the pi coins listed on these exchanges are called IOU, which stands for “I Owe You”. This means that they are not the real coins, but rather a placeholder for when the real coins are listed. It’s like a receipt telling the exchange to give you the real coin when it becomes available. As a result, you can buy and sell pi coins on these exchanges, but you cannot withdraw them to other places.
| Exchange | Price |
| ———– | ——- |
| Hubie | $28 |
| Bitmat | $28 |
| Others | $28 |
## Selling Your Mined Pi Coins π
If you have mined pi coins on the Pi app, you can send them directly to these exchanges. However, you cannot cash out your pi coins at the moment. This may be disappointing, but if you have completed your KYC and your coins have been migrated to the p wallet, you can sell them over the counter (OTC) to another user.
> “An IU is not the real coin; rather, it’s just like a receipt telling the exchange that when the real coin gets listed, give me the real coin I actually have in this exchange at the moment.”
## Selling to a Trusted Source π‘
Many people selling pi coins over the counter are scammers. To combat this, if you have up to 10,000 pie coins, you can sell them to a trusted source for 2.2 million n, or 220 n for a pie.
You can also sell any other amount of pi coins at a rate of 200 n for a pie. This offers a more secure way to sell your pi coins.
## Latest Pi Network Update π
The Pi Network CEO, Dr. Nicholas, has announced a roadmap for future updates. The first phase of the roadmap was unveiled in mid-October, with the V2 expected to be launched in the fourth quarter of the year. This exciting news indicates that the pi coin may likely be launching in 2024.
> “The latest update from the Pi Network CEO shows promising developments for miners and coin holders.”
## Conclusion β
In conclusion, while the current options for selling pi coins may be limited, there are opportunities to sell your mined coins through trusted sources. Additionally, the latest network update hints at exciting developments for the future of the Pi Network and its associated coin.
## Key Takeaways π
– Pi coins can be sold on exchanges, but they are listed as IOU.
– Mined pi coins can be sold through an over-the-counter (OTC) process.
– The latest update from the Pi Network CEO indicates future developments for the network and its associated coin.
Remember, it is essential to stay informed about the latest developments in the Pi Network to make informed decisions regarding your pi coins. Thank you for reading, and we look forward to sharing more updates on the Pi Network in the future.
**FAQ**:
– Can I withdraw my pi coins from the exchanges?
– What is the current price of pi coin on different exchanges?
– How can I ensure the security of selling my pi coins to a trusted source?
*Remember, being informed is key when making decisions about your pi coins.*
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