Australia is not just considered a crypto-friendly country, but mainstream crypto adoption has been increasing compared to 2024, which recorded about 27%.
According to independentreserve.com, as of 2025, around 31% of Australian adults own or have owned cryptocurrency.
When it comes to crypto regulations, the Australian Securities and Investments Commission (ASIC) is in charge and encourages crypto platforms to follow proper registration procedures if they intend to trade or swap cryptocurrency in the country.
ASIC’s regulatory focus is on activities involving financial products and services, as defined under the Corporations Act 2001. This means that not all crypto assets and services automatically fall under ASIC’s jurisdiction—only those that meet the legal definition of a financial product do.
This includes certain stablecoins, tokenized financial instruments, and specific custody services. Digital Asset Service Providers (DASPs) that offer services involving financial products are required to hold an Australian Financial Services License (AFSL), according to sumsub.com.
Also, apart from Binance being popular and available in Australia, Crypto exchanges like Bybit, Cex.io, and Etoro are alternative go-to sites.
So yes, you can sell Pi Coin and transfer the proceeds to a bank in Australia by swapping it for USDT and then exchanging USDT for Australian dollars.
And for Pi — although many previously labeled it a scam project, and others abandoned it due to the strenuous KYC verification process, delays in transitioning to the mainnet wallet, and other issues — its official launch in February 2025 has changed the narrative.
Today, as an Australian user, you can sell part of your Pi Coins for cash, convert them to USDT, or trade them on platforms like Binance, Bybit, Cex,io and others.
Let’s explore the possibilities of trading Pi online for money in Australia. But first, let’s answer some important questions.
The price of 1 Pi Network to Australian Dollar rate is dynamic over time. The speculated rate of AUD64+, as was seen on many platforms, is false. You can always check the current rate on Coingecko here.
No, you cannot directly sell or exchange Pi coins on Cex.io or Binance P2P marketplaces because they are not officially listed for trading.
Also, they do not have Pi to Australian dollar currency trading pairs for you to initiate any swap. Therefore, the answer is no.
But the good news? There is a way to withdraw and cash out Pi in Australia. More on this soon.
All you need to do is set up a USDT-compatible crypto wallet to receive Pi in exchange for USDT. From there, you can sell the USDT for Australian dollars and transfer the funds to your bank account.
You can use platforms like Binance.com, Bybit.com, or Cex.com—whichever you prefer. However, in the case study of how Frek from Australia sold his Pi, he used Bybit.
The steps are simple:
You need a USDT wallet to receive USDT when you swap your Pi. You can use Binance, Bybit, or eToro.
Once the USDT is sent to your crypto wallet, simply sell or swap it for fiat AUD currency.
This step is necessary because you cannot withdraw USDT directly to your bank account.
Withdraw the fiat (AUD) as cash directly to your bank account. That’s all!
Any Pi trading platform or vendor that instructs you to drop your PI passphrase is a scam. Do not transact there, otherwise, you will lose your Pi wallet to them.
Also, any Pi trading platform or vendor that instructs you to first of all verify your PI wallet is a scam. Do not transact there, otherwise, you will lose your Pi wallet/coins to them.
Any Pi trading platform or vendor that instructs you to download a strange p2p Pi app is a scam. Do not transact there, otherwise, you will lose your Pi wallet to them.
Trade with visibly and recognized PI platforms and vendors.
For us (at fnfSwap Freelance), we never, and will never ask you for “Pi Passphrase” – I mean, what would we be doing with that when it is NEVER a requirement to selling Pi for cash anywhere 🤷♂️
Let’s now see the requirements for selling Pi safely.
Even before Pi launched in February 2025, we (at fnfSwap Freelance) have been serving Pi for Cash sellers all over the world – |
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Let’s take one of our international clients, for example, “Tony – from the USA”, who is now a regular client.
[Agreeing on the exchange rate]
[the first transaction]
[the 2nd transaction with Tony]
We’ve served “Tyler”, who is also a regular client.
[Meeting and agreeing on rates]
[1st transaction & confirmation]
[2nd transaction & confirmation]
[3rd transaction & confirmation]
For other tier 1 countries, we’ve served “Frek” from Australia, which we will soon see.
The same for “Raif”, “Anthony“, and many more, as seen in the video documentation on this page.
To sell Pi for cash, 2 major things are involved.
Kindly make sure that your Pi is fully migrated to the wallet, then proceed to confirm that it is not locked, and lastly, your Pi is in the available mainnet balance (as shown below).
If your Pi balance is as depicted above, then you qualify to sell Pi for cash.
For a lot of our international clients, Coinbase, Binance, or Bybit always work.
Click here to open an account on Bybit.com or scan the QR code[ref]
Having opened your account, go ahead and verify to lift any form of limitations.
Very quickly, let me show you how to copy your USDT wallet address on Bybit.com
Step 1. Log in to your Bybit.com wallet and go to “Asset”.
Step 2. Click on “Deposit Crypto.”
Step 3. Select “USDT-Tether” | Network – select Aptos.
Step 4. Copy the address and paste it for us.
That is all on that.
The best and easiest place to sell Pi coins in Australia in less than 15 minutes is at fnfSwap Freelance. A digital platform for digital entrepreneurs serving tons of Tier 1 clients since 2024.
Here are a few reasons why clients from Australia trust fnfswap freelance.
As a dedicated Pi merchant, we operate on smaller margins than traditional businesses. This usually means better exchange rates for your Pi whilst converting to USDT. This small margin helps us buffer against sharp Pi market drops.
Selling your Pi with fnfswap Int’l is straightforward. All you need is your USDT wallet address. Once we receive your Pi, we immediately transfer USDT to your wallet. You then swap USDT for fiat currency, from there, you withdraw the fiat to a bank account.
As soon as we receive your Pi (which is instant), we send USDT to your wallet in less than 20 minutes.
Let’s now see the Pi coin selling process in Australia.
Since you cannot sell Pi directly on these crypto platforms, fnfSwap Freelance is the platform/vendor that will swap your Pi for USDT sent to your USDT wallet Address in Australia
Let’s check out the transaction processes with our Australian Client 🇦🇺 “Frek”.
You have options 😊 | You can follow the steps as outlined on this page, or watch the video 📹 attached below.
The first step is selecting a comfortable crypto USDT exchange/website you want to use for the Pi for USDT Payment.
Frek went with Bybit.com
The next step is getting the prevailing Pi for the USDT exchange rate. It is important to note that the exchange rates are ever-changing. And not constant.
The Pi rate at $0.6 per Pi was endorsed by Frek.
The next step is to see if you qualify to sell. This is done by checking if the Pi coin is in your mainnet available balance or the Testnet wallet balance – this was confirmed by Frek.
Note: we only take mainnet wallet Pi wallet balance coins. We do not take TESTNET PI coins, or LOCKED PI COINS/ACCOUNTS.
Go ahead and drop your USDT wallet from Bybit. You can use any other crypto wallet if you want though.
Having accepted the related Pi for the USDT exchange rate, and eligibility cheeked, you will be provided with our dedicated Pi wallet address for you to make the transaction.
The above shows when Frek sent us 100 Pi network tokens.
Below shows when we sent USDT to Frek.
Note: We now cover the fees. Meaning, if the USDT value is $300, you receive $300; all fees are covered by us.
Now to convert the Pi from USDT to AUD, on Bybit, ➝ click on P2P, ➝ select the currency, ➝ choose payment option (bank transfer, AirTM, Revolut, GoPay, Skrill – based on the preference), ➝ select a vendor with a good reputation, and sell the USDT for AUD. That’s all.
That is all. You can go ahead and swap the USDT for the Australian AUD.
Summary || Pi ➝USDT ➝AUD fiat ➝ Bank account.
You see, Frek was happy with the transaction process, and so, he sold us another 200+ Pi. Let’s see below.
[above shows Frek opening another Pi transaction order]
[above shows Frek sending us 222 Pi]
Amazingly, we’ve gone on to do more transactions with Frek.
That is all. No one gets scammed at fnfswap Digital services as we’ve served clients in: Australia | Singapore | Turkey | South Africa | Kenya | Ghana | India | Greece, and more.
What other Tier 1 Clients are saying…on Google Reviews
What other Tier 1 Clients are saying...on TrustPilot.
Ready to sell your Pi from Australia? Click below to sell Pi for money safely. 👇
|| Click here to sell Pi for USDT | Other Recorded Pi to USDT Transactions
Ready to Sell Pi Coins for USDT? Start below.
Sell Pi for USDT @ fnfSwap Freelance, and receive USDT, then swap for Cash.
Want to transact on Reddit?
Click to go to our Reddit community/r/sellpiforUSDT
The best Pi crypto exchanges and platforms in Australia are Binance, Bitget, Bybit, and fnfSwap freelance. CEX.io and Kraken. With fnfSwap – the choice platform, you get Pi for USDT swap in less than 20 minutes.
Pi is a social cryptocurrency and a developer platform designed to give users greater control over their digital assets and interactions.
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?
Pi’s blockchain uses an adaptation of the Stellar Consensus Protocol (SCP)—an instantiation of the Federated Byzantine Agreement—to validate transactions. Compared to traditional blockchain mining methods like Proof-of-Work or -Stake, Pi’s protocol uniquely provides decentralized control, low latency, flexible trust, and asymptotic security at a fraction of the environmental cost.
Click on transfer/request, enter the Pi wallet and amount, confirm the transaction, and make the transfer. That is all
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?
Over To You:
Have you used any Pi vendor for transactions? If yes, let’s know your experience so far. Thank you.