As of December 20 2024, Pi Network's Mainnet launch has not yet happened, and consequently, it is not available for trading on any crypto exchanges, including OKX. Fortunately, the Pi Network team is diligently working towards the mainnet's imminent launch, which will enable users to transfer and trade their PI onchain. In this quick guide, we'll walk through essential queries like Pi Network's official launch date, the various Pi Network phases and when the network is likely going live.
When will PI Launch?
Pi Network is currently in its testnet phase, focusing on refining the system, building solid foundations, and ensuring network security. As such, the exact date for the mainnet launch has not yet been announced since the team emphasizes the importance of a secure and fully functional network before proceeding. Users are therefore encouraged to stay updated through official Pi Network channels for the latest information.
When can I Sell PI?
Once the mainnet is live, PI is expected to be listed across various major centralized exchanges (CEXs). This has led to some crypto traders believing that OKX may be one of these CEXs involved. At that point, users who have been diligently mining PI will be able to transfer their tokens from the Pi Network app to their exchange wallets and engage in trading. Until then, PI remains confined within the Pi Network ecosystem and cannot be sold or exchanged for other crypto or fiat currencies.
How to prepare for trading PI on OKX
To get ready for the possible listing of PI on OKX, consider the following steps.
Create an OKX account: Sign up on the OKX platform to be prepared for trading if PI becomes available.
Complete verification: Ensure your account is verified according to OKX's KYC requirements to enable seamless transactions.
Stay Informed: Follow official announcements from both Pi Network and OKX to receive timely updates about the mainnet launch and Pi Coin's listing status.
Precautions to take into consideration
Given the risks present when getting involved with tokens like PI that have yet to TGE or launch onchain, here are some precautions to take into account when it comes to rumors and news involving PI's listing or the Pi Network mainnet launch.
Beware of scams: Be cautious of any platforms or individuals claiming to sell or exchange PI before the official mainnet launch. Such offers are likely fraudulent and untrue.
Patience is key: The Pi Network team appears committed to delivering a secure and robust platform. Waiting for the official launch ensures that your PI can be traded safely instead of trying to jump the gun.
Watch out for rumors: At times, rumors may come about regarding specific Pi Network phase release dates or PI Open Mainnet launches. As these aren't based on publicly communicated facts or announcements, users should exercise care and discernment before acting on such rumors.
Be the first to know when will Pi launch
All in all, while the anticipation for Pi Network's Open Mainnet launch and possible subsequent listing on exchanges like OKX is high, it's crucial to wait for official communications to ensure the security and legitimacy of your transactions. Meanwhile, users should continue to stay informed about Pi Network while it's still in its Enclosed Mainnet stage and learn as much about the project as possible before making impulsive decisions about their PI tokens.For more on getting involved in trading tokens which have yet to officially TGE, check out OKX Pre-Market Futures. Alternatively, you can also visit the PI token price page for everything you'll need to know about Pi Network.
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