As we look forward to the Pi coin mainnet launch, if you want legitimate Pi coin buyers in Nigeria, I’ll enlist the best recommended Pi coin vendors to avoid being scammed.
When you think of it, Nigeria is one of the top countries with Pi coin miners and holders.
I mean, crypto is our thing here in Nigeria. And if the Pi token was why you came into the crypto, then welcome to the digital asset family.
With much interest come many scammers parading as legit Pi vendors in Nigeria; hence, the need to be careful when using any random Pi vendor out there.
As we advance, the good news is that I won’t just list the top requirements to look out for before you work with any crypto/Pi coin buyer, but showing you the steps you need to take to sell your Pi coin safely.
Can I Sell My Pi Cryptocurrency? – 3 Requirements
The thing is, you can’t just wake up and want to sell your Pi coins. You need to fulfill some requirements before you can do so. Let’s look at the top three.
1. Migrated Coins
Before selling your Pi tokens, the coins must be fully migrated from the app to your wallet. If your Pi app is as shown below, then the coin is yet to be migrated.
2. Unlocked Pi coins
With your coins migrated you need to make sure they are not locked. If they are locked, you can’t sell them. If your Pi wallet is as shown below, then the coin is locked.
Many people ask if they can unlock their Pi coins. No, you can’t. You can only do that once the date you locked it forward is fulfilled.
3. Moved to Available Mainnet balance
Again, if your coins are migrated and unlocked but not moved to the main net available balance, you can’t sell them. But the good news is that you can easily do that.
To move your Pi to the available Mainnet balance, go to migrations on your wallet dashboard, click on “Move,” click on “Confirm,” and your coins will be successfully moved to the available mainnet balance.
How To Know Legit Coin Buyers Near Me/You
Although Isuamfon Offiong explained this in a full video here, nonetheless, some of the requirements a Pi vendor must possess are below.
- The Pi vendor has a face.
- You are not asked to click a link and enter your passphrase [scammers]
- You are blot asked to use the p2p on the Pi app [scam]
- The exchange is not over $30, and more [scam]
- They have a community [relatively okay]
Top 3 Best Pi Network Buyers in Nigeria
If you want secure and 100% assured way to sell your Pi in Nigeria, then use the recommendations as stated.
1. fnfSwap Digital Service
With an official business registration persona, fnfSwap is a digital freelance service website that handles USD freelance funds for Naira, serving digital marketers even at odd-hour marks.
As a famous merchant with firsthand user experience on Twitter (X) and Google Business, and based on popular demand, they are now one of Nigeria’s best and go-to Pi coin buyers with thousands of transactions.
1️⃣ Payment Method
fnfSwap Nigeria pays you Naira (sent to your Nigerian Bank account), or in crypto (USDT) when you successfully transfer the Pi coin tokens to them at the volume and rate agreed.
2️⃣ Transaction Fees
fnfSwap does not charge any transaction fees! You get the Naira or the Crypto value of what you sent in the Pi equivalent.
3️⃣ Other Services
Apart from the Pi token exchange, you can load and sell UBA $ AfriCard funds, Swap Wise Funds (For Naira), Swap Skrill Funds (For Naira), Swap Payoneer and PayPal funds for Naira. Learn more.
4️⃣ Community Member Strength
Over the years, they have grown to a community of over 800 members – 600+ by invitation
Of course, over 800 invited members can’t be wrong or scammed into trusting them, hence the popular reviews on X and the TrustPilot community.
How to get started to Sell Pi with fnfSwap
- Meet the fnfSwap Team.
- Get the Pi coin to Naira price/Volume list
- Initiate transaction/confirmation
- Get Naira sent to your bank account, or get paid crypto.
- Come back and give us a review, and refer your friends & family.
2. Mhiz
Mhiz is also a Pi Coin buyer in Nigeria. Although he does not operate from a website, he is still a legit vendor.
His Pi coin for Naira is flexible and above ₦800/Pi – based on the volume.
1️⃣ Payment Method
You get paid in Naira.
2️⃣ Website/Community Member Strength 💪
None for now.
3. Tobi Alabi
Alabi is another third-party Pi coin buyer in Nigeria. He is also legit. I work with him on some USD transactions as well.
If you feel like trading with him, we mediate for you so you don’t have any fears.
His rate of Pi coin for Naira is above ₦820/Pi – based on the volume.
1️⃣ Payment Method
You get paid in Naira.
2️⃣ Website/Community Member Strength 💪
None for now.
Ready to buy a car with Pi coins? If yes, then sell it below for Naira and start the process.
How to do Business with Pi Coin Buyers in Nigeria
First off, we wouldn’t list people we don’t think are genuine, but apart from fnfSwap Digital Services, which is pretty much popular, trading with the others is at your discretion.
With so many illegal and scamming Pi coin buyers out there with outrageous rates, it is only wise to DYOR about the credibility of any local Pi exchanger.
However, if you want to avoid any uncertainty, trade your Pi coin for Naira, and receive money in real-time in your bank account, then you want to use the fnfSwap Digital Freelance Service.
fnfSwap has done a series of Pi transactions for other Pi Coins traders, so, no fears about it. With an extensive client community, getting started with fnfSwap for Pi for Naira trading is pretty simple. See below.
How To Sell Pi Coin in Nigeria
- 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.
Is Pi coin Legit?
We can’t say if the Pi coin is legit or fake now because it is too early to tell. However, if you did not invest anything in it and can now sell it for cash, then it may not represent a scam, right?
Conclusion
With all said and done, the foundation is that crypto investments, whether Pi coins, BTC, or any other one come with some market risks.
Crypto businesses are recommended for people with technical knowledge of cryptocurrencies and high-risk appetites – those who can invest what they can afford to lose.
For Pi, since you only mined, you can transact safely with the above-listed platforms as far as you asked, “How can I sell my Pi coin in Nigeria?”
Over To You:
Have you used any Pi vendor in Nigeria for transactions? If yes, let’s know your experience so far. Thank you.
Don’t just take our words for it. See below 💬
FAQ about Where to Sell Pi Coins in Nigeria
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 ₦900 per Pi to ₦1,000+ 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 IOU all-time high of Pi since it was launched. Stands at $330.65. You can monitor the rate here.