Can I cash out pi network to my bank account? What is Pi network withdrawal date? If you are here looking to withdraw from your pi network wallet, you have to the right place. You will know everything about Pi network cash out here.
It is true many pi users have been looking for ways to sell their Pi network on the app. Unfortunately, you cannot directly sell or withdraw from your Pi network. This is because it is currently not listed on any exchange.
However, if you have Pi coins, there are several ways to indirectly cash out from your wallet. Keep reading to discover everything about Pi network cash out.
What is Pi?
Pi is a digital currency that allows users to hold, grow and access their Pi holdings. Pi wallet is used to hold your pi coins and other digital assets. The platform currently has over 5 million active users all over the world.
How to Cash Out Pi Network
As I indicated earlier, Pi network cannot be directly withdrawn to your bank account or p2p transaction. This is because Pi is currently in beta testing phase.
Users can only sell or withdraw their Pi through indirect ways. Below are some of the ways to indirectly sell or withdraw from your Pi wallet:
- Transfer your Pi coins to users in exchange for money. There are many people interested in mining Pi network. I personally sold Pi coins to somebody in May, 2024
- Buy goods and services directly on the app through peer-to-peer transaction. Many online stores and platforms accept Pi coin as a payment method
- You can also exchange your Pi for fiat currency on exchanges that accept pi coins. This means that some crypto exchanges may accept Pi transfer to their wallets
- Login to your pi network account
- Tap on the "Send" tab
- Enter your recipients wallet address and other info
- Enter the amount of Pi you wish to transfer
- Confirm your recipient's details and proceed to send