How to Sell Pi Coin on Huobi (HTX) in 2025

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By Hugo Greene Published on: February 21, 2025 Last updated on: February 27, 2025

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Pi Coin, a cryptocurrency from the Pi Network, has gained significant attention for its mobile mining approach. As of February 21, 2025, many users are eager to sell their Pi Coins on platforms like Huobi. However, selling Pi Coin isn’t as straightforward as trading established cryptocurrencies like Bitcoin or Ethereum. This guide will walk you through the process, clarify the current status of Pi Coin on Huobi, and provide practical steps to sell what’s available.

Understanding Pi Coin and Huobi

Pi Network allows users to mine Pi Coins using their smartphones with minimal energy consumption. Despite its popularity, Pi Network remains in an “enclosed mainnet” phase, meaning the coins aren’t fully tradable on major exchanges yet. Huobi, now known as HTX, is a well-established cryptocurrency exchange that has listed Pi Coin in some capacity—but there’s a catch. What’s currently available on Huobi isn’t the actual Pi Coin but rather Pi IOUs (I Owe You), a type of placeholder token representing future Pi Coins once the mainnet fully launches.

Note: Pi Network has previously denied official associations with exchanges like Huobi, stating that traded products aren’t real Pi tokens. Always verify the latest updates from Pi Network’s official channels before proceeding.

Can You Sell Pi Coin on Huobi Today?

As of February 21, 2025, you cannot directly sell mined Pi Coins from your Pi Network wallet on Huobi because deposits of actual Pi Coins are suspended. Instead, Huobi offers trading of Pi IOUs, which are speculative assets tied to the potential future value of Pi. If you hold Pi Coins in your Pi wallet, you’ll need to wait for the open mainnet launch—expected sometime in 2025, though no official date is confirmed—or explore alternative methods like peer-to-peer (P2P) trading outside Huobi.

Steps to Sell Pi IOUs on Huobi

If you’re interested in trading Pi IOUs on Huobi, here’s a step-by-step guide based on the platform’s typical process:

Create a Huobi Account: Visit the Huobi (HTX) website and sign up. Complete the Know Your Customer (KYC) verification process, which is mandatory for trading.
Deposit Funds: Since you can’t deposit Pi Coins directly, fund your account with another cryptocurrency (like USDT) or fiat currency via the “Buy Crypto” option.
Navigate to Trading: Once funded, go to the spot trading section and search for the PI/USDT trading pair.
Buy Pi IOUs (Optional): If you don’t already hold Pi IOUs, you can buy them using your deposited funds.
Place a Sell Order: Select “Sell,” choose your desired price and amount, and confirm the transaction with your fund password. Huobi’s P2P platform may also allow you to sell to buyers directly.
Receive Payment: After the sale, the buyer pays you via your selected payment method (e.g., bank transfer). Withdraw your earnings from Huobi as needed.

Preparing to Sell Actual Pi Coins

To sell your mined Pi Coins on Huobi once the mainnet opens, ensure you’ve completed these prerequisites:

KYC Verification: Verify your identity on both Pi Network and Huobi.
Mainnet Migration: Transfer your Pi Coins from the testnet to the mainnet via the Pi wallet. Check Pi Network’s official announcements for migration instructions.
Monitor Huobi Updates: Huobi has indicated it will enable Pi deposits and withdrawals post-mainnet launch. Stay informed via Huobi’s announcements.

Alternative Selling Options

If waiting for the mainnet isn’t an option, consider P2P trading through trusted Pi merchants or communities. Be cautious, as this method carries higher scam risks. Connect with buyers offline or via platforms like X, agree on a price, and transfer Pi Coins from your wallet once payment is secured.

Tip: Avoid sharing your Pi wallet passphrase with anyone. Use only verified merchants and double-check transactions to prevent losses.

Conclusion

Selling Pi Coin on Huobi in 2025 is currently limited to trading Pi IOUs due to the enclosed mainnet status. For now, you can speculate with IOUs on Huobi or explore P2P options. Once the open mainnet launches, Huobi is likely to support full Pi Coin trading, making it a viable platform for cashing out. Stay updated with Pi Network and Huobi announcements to time your sale effectively. Happy trading!

Hugo Greene

Disclaimer: The information presented here may express the authors personal views and is based on prevailing market conditions. Please perform your own due diligence before investing in cryptocurrencies. Neither the author nor the publication holds responsibility for any financial losses sustained.