Don’t rush to buy PI! Understand these 3 things first — save beginners 6 months of mistakes
Lately, many people are asking: ‘Can Pi Coin (PI) actually be bought?’ ‘Why do others say it’s already up 10x, yet I can’t find anywhere to buy it?’ — This isn’t due to your error. It’s because Pi Network’s official mainnet has not yet opened trading (as of July 2026). It remains in the ‘internal migration testing’ phase. Any website or app claiming ‘PI deposits available now’ or ‘PI is already listed on Binance’ is — with 99% certainty — a phishing link, a counterfeit wallet, or a Ponzi scheme.
So why do headlines keep mentioning Bitwise layoffs, SEC lawsuits against Goliath, or South Korea raising ETF barriers? The connection to your profit goals is simple: Stricter regulation makes it harder for scammers to operate; more stable, licensed exchanges mean greater safety for beginners. For example, the U.S. SEC’s recent crackdown on companies pretending to be crypto projects while running Ponzi schemes (like Goliath Ventures, which allegedly stole $400 million) signals one clear message: This is not the time for reckless investing — it’s the ideal moment to choose the right platform and start small to build real experience.
The good news: You *can* participate indirectly via the ‘buy Bitcoin (BTC) → swap for PI tokens’ route — but only on compliant exchanges where PI is officially listed. Below, we show you how to complete your first genuine trade starting from just ¥100, with 3-minute registration and a 5-minute execution — no screenshots, no group chats, just hands-on operation from your own phone.
Getting Started: 3 Beginner-Friendly Exchanges — Step-by-Step Guide to Your First Crypto Purchase
Note: Pi Coin (PI) is not yet listed on the spot trading markets of Binance, OKX, or Gate.io. However, these platforms have launched PI futures (OKX), PI ecosystem tokens (e.g., PIE, PIT), or offer Web3 wallet integration (Gate.io). For beginners, the safer starting point is: open an account first, buy ¥100 worth of BTC or USDT to familiarize yourself with the process, then wait for the PI mainnet launch to exchange seamlessly. Here’s a comparison of all three platforms plus practical steps:
✅ Binance | Highest liquidity, most beginner-friendly
- Download the official App (verify the domain: binance.com — avoid paid ads on Baidu) → Tap “Register” → Sign up using your mobile number, email, and password;
- Complete identity verification (KYC): Upload both sides of your ID card + a live selfie — approval usually within 10 minutes;
- Deposit CNY: Go to “Fiat Trading” → Select “CNY” → Choose Alipay or bank transfer → Enter ¥100 → Follow prompts to complete payment;
- Buy USDT: On the “Quick Buy” page, select USDT → Enter ¥100 → Confirm order → USDT arrives in your wallet instantly.
Coin12345 note: Binance offers low fees and fast execution — perfect for experiencing your first ‘fiat-to-crypto’ conversion.
✅ OKX | Supports PI-related contracts, richer Web3 features
- Registration process same as above; KYC also requires only ID + selfie;
- Go to “Fiat” → Select “CNY” → Find a USDT seller (prioritize those with >99% trade completion rate and sufficient balance);
- Enter ¥100 → Complete payment as instructed → Seller releases USDT → USDT arrives in your wallet;
- Go to the “Trade” tab → Switch to “Derivatives” → View PI perpetual contracts (for learning only — not recommended for beginners to open positions).
Coin12345 note: OKX hosts a Pi ecosystem section (e.g., PIE tokens), but do not confuse ‘PI tokens’ with the official Pi Network coin — the former are community projects; only the latter will represent future mainnet assets.
✅ Gate.io | Wide altcoin selection, ideal for later-stage strategy
- Register → Complete KYC (accepts Chinese ID cards; review is slightly faster than Binance’s);
- Enter “Fiat” → Select “CNY” → Choose “USDT” → Pick sellers offering low fees (often <0.1% discounts);
- After successful deposit, explore the “Web3 Wallet” feature to pre-bind your Pi wallet address — preparing for future mainnet migration.
Coin12345 note: Gate.io has listed multiple Pi ecosystem tokens, but none are the official PI. Ignore promotions like ‘deposit ¥100, get free PI’ — those are promotional tokens with zero tradable value.
4 Most Common Questions from Beginners (Read carefully — save thousands in tuition)
What’s the minimum amount needed to start?
Just ¥100 is enough. Binance, OKX, and Gate.io all support purchases of USDT or BTC starting at ¥100 — no minimum deposit, no annual fee, no account maintenance fee. Remember: Your first goal isn’t profit — it’s to personally complete the full cycle: ‘deposit → place order → receive assets’.
Which exchange should beginners choose among the three?
Recommended order: ① Binance (largest user base, most comprehensive tutorials, fastest customer support) → ② OKX (ideal if you also want to explore derivatives/Web3 simultaneously) → ③ Gate.io (best reserved for deeper involvement once the PI ecosystem matures). Don’t overthink ‘which is better.’ Just pick one, register, execute one trade, and screenshot the success page — and you’ll already be ahead of 80% of观望者 (onlookers).
What are the main risks? Where do beginners most often slip up?
The biggest risk isn’t price volatility — it’s: clicking the wrong link and downloading a fake app, trusting ‘mentors’ who promise guaranteed returns, or depositing funds via unofficial channels. Pi Network has never authorized any Chinese agent to sell PI. Any instruction requiring you to ‘transfer funds to a specific address to claim PI’ is 100% fraudulent. The true first step is always: visit the official website, register yourself, operate independently, and test with a small amount.
Should I invest my entire savings at once?
Absolutely not. Treat cryptocurrency like a ‘financial gym’: Your first lift is a 1kg dumbbell — not to build muscle immediately, but to learn proper form, feel the motion, and prevent injury. Your initial ¥100 isn’t buying coins — it’s buying experience. It’s purchasing the peace of mind that comes from knowing exactly where your money went.
Final Reminder (Please read this three times)
Pi Network (PI) has not yet opened trading. All current ‘PI tokens’ circulating are unofficial projects. When this article refers to ‘buying PI,’ it means establishing foundational habits via licensed exchanges, accumulating core assets (USDT/BTC), and waiting for the official mainnet launch and its lawful exchange channel. Binance, OKX, and Gate.io are globally licensed platforms supporting Chinese-language interfaces and CNY deposits/withdrawals — making them the safest starting points for beginners in China in 2026.
Investing carries risk. Enter the market with caution. This article does not constitute financial advice. Digital asset prices are highly volatile and may result in total loss of principal. Only use disposable income, conduct independent research, and make decisions autonomously.


