1 Pi coin equals ₦800 to ₦900 with local Pi Nigerian Naira exchangers, while the worth is ₦1,100 to ₦1220+Pi and more with a Pi merchant like fnfSwap.
The final rate being based on the volume of Pi tokens to be sold. That is to say, the more the volume, the more the rate per Pi in Naira.
See the summary price table below.
Pi Coin Price Table in Naira
Pi Coin Volume | Pi Worth in Naira |
50-99 Pi Coin Tokens | ₦1,100+ per Pi |
100-499 Pi Coin Tokens | ₦1,150+ per Pi |
500-999 Pi Coin Tokens | ₦1,200+ per Pi |
1,000-1,999 Pi Coin Tokens | ₦1,220 per Pi |
Want more info on Pi prices? See the clip below, or the exchange rate page.
Pi Coins Market Value in Nigeria
According to CoinMarketCap, the price displayed on its website reflects the value of the IOUs and it may not be transferable across exchanges.
In summary, the rates being offered by buyers and sellers are the parallel market rate for the actual Pi minted through the Pi Network mobile app.
The rate is influenced by the market forces in China, Vietnam, Korea, Nigeria etc. where Pi is being used for everyday transactions and speculative investment.
Therefore, the current “speculated price value” of Pi coin is $35.74. In the REAL black market, the rates are from ₦310-340+ per Pi token.
How To Sell Pi Coin on Binance
As we already explained in the Moving Pi Coin to Wallet Balance in Nigeria guide, the real worth of Pi to Naira is not yet determined because Pi is not yet officially available for trading even though listed on some global crypto market cap websites and exchanges like Huobi, SuperEx, and the likes.
Therefore, you cannot Sell Pi Coin on Binance, or any crypto exchanges until its mainset launch.
You can follow the Pi pages to see possible announcements.
However, the good news is that you can still sell your Pi coins and get USDT into your Binance Crypto wallet.
Want to trade Pi for USDT on Binance? If yes, see how to do it here in detail.
Pi Mainnet Supply Facts:
- Given the current network size of over 30 million Pioneers and the expected volume of transactions and activities in the future, the Mainnet supply model has a clear maximum total supply of 100 billion Pi allowing incentivization of continued growth and new contributions while removing the concerns about the unpredictability of the supply.
- The supply distribution will honor the original distribution principle in the March 14, 2019, Whitepaper.
- That is, the Pi community has 80%, and the Pi Core Team has 20% of the total circulating supply of Pi, regardless of how much-circulating supply there is in the Pi Network at any given point in time.
Thus, given a total max supply of 100 billion Pi, the community will eventually receive 80 billion Pi and the Core Team will eventually receive 20 billion Pi.
- Additionally, the 80% of the community supply is further divided into 65% allocated for all past and future Pioneer mining rewards, at address GBQQRIQKS7XLMWTTRM2EPMTRLPUGQJDLEKCGNDIFGTBZG4GL5CHHJI25 on the Mainnet.
- 10% will be reserved for supporting community organization and ecosystem building that will eventually be managed by a Pi Foundation, a non-profit organization in the future, at address GDPDSLFVGEPX6FJKGZXSTJCPTSKKAI4KBHBAQCCKQDXISW3S5SJ6MGMS.
- And 5% reserved for the liquidity pool to provide liquidity for Pioneers and developers in the Pi ecosystem at address GB7HLN74IIY6PENSHHBBJJXWV6IZQDELTBZNXXORDGTL75O4KC5CUXEV.
The table below depicts a typical community supply distribution.
How to Sell Pi & Get Naira without Being Scammed by Local Pi Traders
Selling your Pi coins with fnfSwap is the secure and 100% assured way to go “if and only if (iff)” – you want to Safely Sell Pi Coin for Naira sent to your Bank account in Nigeria without being Scammed. Follow the steps below to do that.
With so many illegal and scamming Pi coin buyers out there (mostly on Twitter) with outrageous rates, it is only wise/advisable to do thorough research (DYOR) about the credibility of any local exchanger.
But if you want to avoid any form of uncertainty and trade your Pi coin for Naira and get money in real-time to your Nigerian bank account, then you want to use a well-established and known merchant like fnfSwap Digital Freelance Service.
They have done a series of pi transactions for other Pi Coins traders, so, no fears about it.
And it is pretty simple to get started with fnfSwap for Pi for Naira trading. See below.
- Meet the fnfSwap Team.
- Get the Pi Coin to Naira Price/volume list
- Initiate transaction/confirmation
- Get Naira sent to your bank account.
- Come back and give a review/ refer friends & family. That is all.
Ready now?
Pi Coin to Naira Transactions to bank by fnfSwap
Some of the Pi to Naira swap with fnfSwap Digital.
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And more…Get started below to sell your coins.
Don’t just take our words for it. See below 💬
Selling your Pi coins with fnfSwap is the secure and 100% assured way to go “if and only if (iff)” – you want to Safely Sell Pi Coin for Naira sent to your Bank account in Nigeria without being Scammed. Follow the steps below to do that.
FAQ about Where to Sell Pi Coins in Nigeria
How much is 1 PoToken in NGN?
1 Pi coin worth in Naira with local vendors is approximately ₦210/$ white 1 Pi Coin is worth up to ₦270+ with fnfSwap digital.
How do I calculate or convert Pi to NGN?
Right now, there is no approved calculator for Pi to Naira (what you see on the internet are speculators). For your convenience, we’ve created a reference table for the most popular conversions by volume.
For example, with fnfSwap freelance, 500-999 Pi Coin Tokens go for ₦320+ per Pi, and 1,000-2,999 Pi Coin Tokens go for ₦339+ per Pi.
What are assets similar to Pi Tokens that I can buy?
Several crypto assets have similar and relative market caps to Pi USD. However, we always recommend you invest in the top cryptocurrencies which are popular and widely accepted.
Such coins include Bitcoin (BTC), Ethereum (ETH), Binance Coin (NB), Ripple (RP), Litecoin (LTC), etc. as available on the top market cap coins list.
If you are wondering where to buy all of these coins, you can do that on Binance or Bybit.
How can I buy 1 Pi USD on Crypto Exchanges?
Pi USD is NOT currently available for purchase on coin exchanges. The ones listed reflect the value of the IOUs and they may not be transferable across exchanges
Who Created Pi Network?
Pi Network was founded in 2018 by two Stanford University academics, Nicolas Kokkalis and Chengdiao Fan, with a whitepaper and app coming on 14 March the following year.
What is the Value of Pi?
As Pi can’t yet be traded, it currently holds no value, said Susannah Streeter, senior investment, and markets analyst at Hargreaves Lansdown. Would you want to bank on this information This is left for you – at your discretion.
What is the Value of Pi in Nigeria?
The Nigerian Black-market value of Pi ranges from ₦290 per Pi to ₦300+ per Pi token.
Is Pi Network legitimate or a scam?
Many experts think it is too early to determine this. Why? Because, as with all new cryptocurrency and digital coin projects, it’s difficult to know for sure whether it’s legitimate or a scam.
According to Ms Streeter, “be careful about handing over more personal data than you’re comfortable sharing. The app is also built on “highly nascent and unproven technology.”
She said: “Although lofty promises are made there is zero guarantee this network will have a future.
“It is far too early to tell if the coins being earned will be worth anything.
“Because of this users should be wary of committing too much time to the app and be happy with the level of personal data they are handing over.”
What is the all-time high of Pi?
So far, the all-time high of Pi since it was launched. Stands at $330.65. You can monitor the rate here.