Key Takeaways
- Bitget is a centralized exchange and a Web3 platform where you can buy, sell, hold, and earn cryptocurrency;
- To buy Pi coin on Bitget, you’ll need to create an account, complete identity verification, deposit USDT, and place a spot order on the PI/USDT pair;
- The default fee for trading Pi coin on the spot market is 0.1%, but you can lower it by holding BGB tokens or reaching a higher VIP tier on Bitget.
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After years of hype and speculation, Pi Network’s native token has finally started showing up on a few select exchanges (Bitget included). That probably explains why you’re now Googling how to buy Pi coin on Bitget and landed here, looking to pick some up and see where its potential might lead.
And hey, I get the appeal. Pi Network turned heads early on with its unusual approach of letting anyone mine crypto from their phones. Now that the project’s entering a new chapter, both early supporters and curious newcomers are watching closely to see how Pi performs on the open market.
While you won’t find Pi coin on giants like Binance or Kraken just yet, Bitget is one of the few platforms offering access. And here, I’ll show you exactly how to get it done, even if this is your first time buying crypto.
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Table of Contents
- 1. How to Buy Pi Coin on Bitget
- 1.1. Create Your Bitget Account
- 1.2. Complete the KYC Verification
- 1.3. Deposit Funds and Buy Pi Coin
- 1.4. Sell Pi Coin
- 2. Pi Trading Fees on Bitget
- 3. Things to Know Before Buying Pi Coin
- 4. A Brief Overview of Pi Coin
- 4.1. What is Pi Network: The Origins
- 4.2. How Pi Network Mining Works?
- 4.3. What is Pi Coin?
- 4.4. Pi Coin Concerns
- 5. Conclusions
How to Buy Pi Coin on Bitget
You’re here to figure out how to buy Pi coin on Bitget, plain and simple. But before you can make that trade, you’ll need to create an account and get verified first.
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Create Your Bitget Account
Before anything else, you’ll need a Bitget account. The signup process is simple and only takes a couple of minutes.
If you used the signup link from the previous step, the referral code field should auto-fill. If it doesn’t, you can enter the code "dsew" manually.
This code can give you access to exclusive perks like signup bonuses, trading rewards, and airdrop opportunities, including campaigns similar to past Bitget Pi Network airdrop events.
Now let’s move on and get your identity verified.
Complete the KYC Verification
For some, KYC can feel a bit time-consuming. But if you want the full experience and learn how to buy Pi coin on Bitget, it’s a step you can’t skip. The good news is that it’s only required once and usually takes just a few minutes to finish.
To stay compliant with local laws, Bitget requires every user to complete Level 1 identity verification. This process helps prevent money laundering, identity theft, and other illegal activities.[1] It’s also what unlocks key features like crypto and fiat deposits, withdrawals, and P2P trading.
You’ll need a government-issued ID and a quick face scan. Once that’s done, your account will be activated and ready to access the Pi Network token Bitget listing and start trading.
If you're on a desktop, you can click [Continue] to go ahead. But honestly, it’s easier to choose [Verify on mobile phone] since you’ll need to take pictures of your ID and complete a facial recognition check anyway.
Some countries only accept specific types of ID, so make sure you select the correct country/region to avoid issues later.
.jpg "How to buy Pi Coin on Bitget: scan your document.")
After that, your account’s fully unlocked. You can deposit funds, trade freely, and get your hands on some Pi coins.
Deposit Funds and Buy Pi Coin
Before you can place an order, you’ll need to deposit some crypto into your account. After that, you’ll be ready to buy as soon as the Pi Network price on Bitget looks right to you.
After selecting your preferred network, Bitget will show your deposit address. Use this address to send funds from your external platform or wallet.
Make sure the network you select matches the one you're sending from. Otherwise, your funds could be lost for good.
Before you proceed, take a quick look at the Pi Network price on the Bitget trading interface and make sure it matches what you're comfortable paying. Even if you're new to reading charts, it's worth glancing at the recent price movement to get a feel for what you're buying into.
Once you're set, enter the amount of USDT you want to spend and click [Buy PI] to place your order. Your Pi coin will show up in your spot wallet after the trade is complete.
And that’s it! You’ve just learned how to buy Pi coin on Bitget.
Sell Pi Coin
Let’s say you’ve successfully added some Pi to your portfolio and moved it to your hardware wallet. Now the price is up, and you’ve made a Bitget Pi Network deposit to bring it back in and take some profit. The good news is that you can sell it on the spot market the same way you bought it.
Here’s how to do it:
After it's filled, your Pi coin will be converted to USDT and appear in your account.
Pi Trading Fees on Bitget
Before placing your first trade, it’s important to understand how Bitget handles spot trading fees. The platform uses a straightforward maker-taker model, with the rates listed below:
Maker | Taker |
|---|---|
0.1% | 0.1% |
Table: Bitget spot trading fees
As you can see, Bitget charges a flat 0.1% fee whether you place a market or limit order. So if you buy $100 worth of Pi, Bitget takes $0.10 as the trading fee. That might not seem like much, but it can add up if you’re trading often or dealing with bigger amounts.
Fortunately, you can reduce this fee in a couple of ways. Holding BGB, Bitget’s native token, gives you a 20% discount on trading fees. You can also lower fees by progressing through the VIP levels, which are based on your trading volume and the amount of assets you hold in your account.
Discounts are applied automatically based on your tier, so it’s a good idea to check the latest fee structure directly on Bitget’s website.
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Things to Know Before Buying Pi Coin
Like with most crypto, learning how to buy it is the easy part. Figuring out why you’re buying it is where things get trickier. So before you go all in, here are a few things to keep in mind.
1
Know Why You're Buying Pi. Before buying, make sure you understand what the Pi Network project is all about. Take some time to read up on its goals, roadmap, and ecosystem so you can gauge whether you're in it for the long term or just aiming for a short-term trade.
2
Expect Price Swings. Like most cryptocurrencies, Pi coin is volatile. Its price can rise or fall quickly depending on market sentiment. If you're planning to trade or hold Pi, be prepared for price swings and avoid making impulsive decisions based on short-term movement.
3
Start Small. If you’re new to crypto or just testing the waters with Pi, start with a small amount you can afford to lose. There's no need to go big on your first trade. A smaller position helps you learn the process without unnecessary stress.
4
Keep an Eye on the Chart. Before placing your order, check the Pi Network price on Bitget to see how it’s been moving. Even a glance can help you feel more confident about when and how you buy. You can also use tools like BitDegree Crypto Tracker for a broader view of market trends.
5
Secure Your Account. Bitget offers strong security tools, but they only work if you use them. Set up 2FA, create a fund password, enable anti-phishing and PIN codes, and whitelist your withdrawal addresses. It's also smart to check your account activity regularly to catch anything suspicious.
6
Consider a Hardware Wallet. If you're holding Pi coin for the long haul, keeping it on an exchange isn't your only option. Hardware wallets like Ledger Stax and Ledger Flex offer offline storage, giving you full control over your assets and reducing exposure to exchange-related risks.
Knowing how to buy Pi coin on Bitget is simple, but buying it with clarity and caution is what sets you up for the long run. Keep these points in mind, and you’ll avoid most of the common mistakes first-time buyers tend to make!
📚 Check Out: Crypto Wallet Security Guide
A Brief Overview of Pi Coin
Now that you’ve mastered how to buy Pi coin on Bitget and learned everything surrounding it, let’s zoom out a little and take a closer look at the project itself, Pi Network. What is it trying to do? Why has it attracted so much attention? And where does all the hype come from?
Let’s start with the basics.
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What is Pi Network: The Origins
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, two Stanford PhDs in computer and social sciences. Their mission was bold but clear: they wanted to make crypto truly accessible to everyday people, not just tech insiders or early adopters.
On 14 March 2019 (yep, during Pi Day), Pi Network officially launched with a vision that became the core of the project:
Build the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the world’s most widely distributed cryptocurrency.
Since then, the team has expanded into a global operation, with over 35 full-time Core Team members working across the United States, Europe, and Asia. With its roots in Silicon Valley, the team has focused on building the infrastructure, tools, and community needed to support a growing ecosystem, one that now spans 60+ million engaged users worldwide.
How did Pi grow so quickly and attract such a massive user base? One big reason is its approach to mobile mining, a concept that, at the time, was relatively rare and unique.
How Pi Network Mining Works?
If you’ve been around crypto for a bit, you might raise an eyebrow at the idea. Isn’t mining supposed to need expensive rigs and a ridiculous amount of electricity?
And yeah, in most cases, that’s true. A more "conventional" cryptocurrency mining usually involves solving complex computational problems using specialized hardware that requires tons of electricity to run.
For context, Bitcoin mining alone is estimated to use over 138 terawatt-hours of energy each year, roughly 0.5% of global electricity use.[2]
Pi Network tries to remove that barrier. Instead of relying on heavy computation and energy consumption, the team built a mobile-friendly system that lets you mine coins without draining your battery or wallet.
All you need to do is open the mobile app, tap a button, get your reward, and come back the next day to do it again. With something this simple, even your aunt who still hides cash under the mattress could figure it out in no time.
Hard to believe it’s that easy, isn’t it?
Well, here’s the part that makes it work. Pi’s energy-efficient system is based on a consensus algorithm inspired by the Stellar Consensus Protocol (SCP). It replaces traditional proof-of-work mining with something called "security circles", trust-based groups where users validate activity based on their connections.
By using this SCP-style setup, Pi cuts out the heavy resource costs while still keeping the network secure. That’s how it’s turned crypto mining into something almost anyone can do.
📚 Check Out: What Is Pi Network?
What is Pi Coin?
It’s simple, sure. But what makes people keep tapping that button every single day, for months or even years? You already know, it’s Pi coin, the native currency of the network.
According to the project, it’s designed to support real utility within the ecosystem. As participation increases and the network becomes more decentralized, the token is expected to deliver value through specific use cases such as:
- Peer-to-peer transactions. Pi coin is envisioned as a tool for simple, low-cost transfers between individuals. It could allow users to exchange value directly, without banks, apps, or other middlemen getting in the way.
- Utility in dApps. The team sees Pi coin powering dApps, especially in areas like gaming, marketplaces, and Web3 tools. It could be used to buy, earn, and trade digital assets within those platforms.
- Role in network validation. In the future, Pi may introduce staking, where users lock up their coins to help secure the network. Those who participate could earn extra rewards while helping validate activity on the blockchain.
- Connection to real-world payments. There are also plans to link Pi coin to real-world spending, whether that’s through crypto debit cards or fiat conversion. The idea is to eventually make Pi usable in everyday purchases.
Now, on paper, all of this sounds like a pretty solid plan. A cryptocurrency that’s easy to earn, backed by tens of millions of users, and aiming for real-world utility, it checks a lot of boxes. Surely it’s destined to succeed, right?
Well… not everyone is convinced.
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Pi Coin Concerns
There’s a saying: if something seems too good to be true, it probably is. And with how easy Pi Network makes it to “mine” crypto, it’s no surprise the project has drawn its fair share of skepticism.
One of the biggest concerns is that this simplicity might come at a cost. Since Pi is so easy to earn, massive amounts have already piled up in user balances. That raises red flags about future value, inflation, and real liquidity.
Liquidity refers to how easily a token can be bought or sold on the market without causing significant price changes.
And that’s just the surface. Critics have raised deeper issues with the project’s design, progress, and transparency. Here are some of the most commonly discussed concerns:
- Referral-based growth model. Pi Network’s expansion has heavily relied on a referral system, where users earn more by inviting others. While this helped the project go viral, some critics argue it closely resembles multi-level marketing (MLM) structures that favor early participants.
- Centralized token supply. A large portion of Pi’s total supply is reportedly controlled by the Core Team, some estimates suggest over 90%. This concentration of tokens raises concerns about potential manipulation and undermines claims of decentralization.
- Lack of major exchange listings. Despite its massive user base, Pi coin is still not available on top exchanges like Binance, Bybit, or Kraken.
- Unclear roadmap and delays. The project has been in development since 2019, with multiple delays and long gaps between major updates. Even after the open mainnet launch, Pi still lacks a detailed, public roadmap that outlines its future.
- Data privacy concerns. In 2021, Pi Network was linked to a KYC data leak involving Vietnamese users, though blame was shifted to a third-party provider. The incident raised doubts about how securely user information is handled within the ecosystem.
- Skepticism around real-world utility. Pi Network has promised a wide range of use cases, from dApps to payment integrations, but only a few have launched. Some see the token as more of a waiting game than a functional part of an active ecosystem.
These issues don’t automatically make the project a 100% scam, but they shouldn’t be ignored either. If you’re considering Pi, whether for trading or long-term holding, stay vigilant. Separate the promises from the reality, and make sure you understand the risks before going in.
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.o.jpg?tr=w-400 "Ethereum Cloud Mining – Where to Begin?")
Conclusions
And that’s that! Hopefully, this article has made it clear how to buy Pi coin on Bitget without any hassle. With the exchange's user-friendly interface and relatively straightforward verification process, getting your hands on the token should be as easy as pie.
That being said, even after the Open Mainnet, Pi Network still holds a unique place in the crypto space, and naturally, so does its token. If you're interested in Pi, it’s worth keeping a close eye on how the project evolves. Be sure to do your own research before getting involved.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Moreno S. M. B. M., Seigneur J.-M., Gotzev G.: ‘A Survey of KYC/AML for Cryptocurrencies Transactions’;
2. Cambridge Judge Business School: ‘Cambridge Digital Mining Industry Report: Global Operations, Sentiment, and Energy Use’.
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