How to Buy Pi Coin in Nigeria Step-by-Step with Lance Momodu [+ Daily UPDATED Pi to Naira Rates]

Discover the safest and easiest way to buy Pi Coin in Nigeria without falling into scams. In this guide, I break down real steps, true Nigerian stories, trusted tools, and featured Lance Momodu, a Pi Coin trading specialist here in Nigeria to share some insider secrets you won’t easily find on YouTube or other other platforms.

Heyoooo, IbiFounder! Omo, I too get joy as you land for my page!!

Thank You, Nagode, Modupe, Ngodera!

This series is published to educate you about the "PI COIN" Nigerians are talking about.

Ready?

My name is Simon, Founder, CEO, IbiFoundry LLC, the Ibi E-Magazine, and the Host of this Exclusive, Informative & Educational E-Magazine Series; the "Ibi-Talent Hunt Series by IbiFoundry" where we invite exceptional Nigerian gifts, public figures, and the avaverage citcitizen with hidden talents, untold stories, innovations, ideas and impactful ideologies the world needs to know about.

And for this episode of the Ibi-Talent Hunt, we invite Me Lance Momodu - who is a Pi Coin Trading specialist, a Crypto advocate, (and most importantly, a true friend, colleague and bunk mate back in school😅) who is based in Abuja, Nigeria to share his expertise with us, as a live Pi trader.

Now, since you're on this page, I'm guessing you fall into one of these:

1. You have some real crypto trading experiences, bought other coins, have accounts with one or more crypto exchange platform. You trade (or have traded) other Cryptocurrencies [BTC, SOL, USDT, ETH, etc] and just heard about the bubbling Pi Coin. Now you are just looking for a guide on how to register, setup account, buy, sell, and begin trading Pi Coin [+ Best Platforms to Trade Pi Coin in Nigeria]

2. You are completely new to Crypto currencies, digital coins, and Tokens. You have never traded, bought, nor sold any type of Cryptocurrency coins in the past but recently developing keen and passionate interest to start specifically with the Pi Coin.

3. Or you have basic knowledge about Cryptocurrencies, done a little research about Pi Coin and other trending digital coins and you're now ready to learn exactly how to get into Pi trading.

Table Of Content: Everything Covered + Secrets You’re About To Discover from Pi Coin Specialist & Crypto Advocate; Mr Momodu Lance (Our Guest for this Episode's IbiFoundry Ibi-Talent Hunt Series) AND Simon Zaku (Founder, IbiFoundry E-Magazine) Today's

In this full guide, I’m breaking down everything you need to understand, buy, and liquidate (cash out) Pi safely in Nigeria.

You’ll discover:

1. What Is Pi? (Broken down in simple Nigerian terms with clarification on why it’s not just “another crypto”)

2. The Strange History Of Pi Coin (Why It’s Different From Bitcoin Or Ethereum. Most people don’t know how it truly started — or what it means for Nigerians now)

3. Pi Network Growth In Nigeria (Plus Shocking Crypto Stats You Didn’t Know)

4. What Is Pi Used For? (Real-Life Use Cases That Will Surprise You)

5. Can Nigerians Really Buy Pi? (The Truth Most People Won’t Tell You)

6. Where & How To Trade Pi Coin From Nigeria (2025 Methods That Work)

7. Step-By-Step: How To Buy Pi From Nigeria (Even As A Total Beginner)

8. Which Nigerian Banks Accept Pi (And What You Must Know First)

9. How Much Is Pi Worth In Nigeria Today? (Daily Updated Exchange Rates)

10. How To Do KYC For Pi In Nigeria (Fast, Free, And Approved Methods)

11. What Is 1 Pi Worth In Dollars And Naira Today? (And Why It Changes)

12. Which Exchanges Is Pi Listed On? (And Why It’s Not On Binance Yet)

13. Is Pi Coin A Good Investment For Nigerians? (Honest Answer)

14. Can Pi Coin Become The Next Bitcoin? (What You Need To Understand)

15. Frequently Asked Questions Regarding Pi Coin - All Answers by Lance Momodu, Pi Specialist, & Crypto Advocate in Nigeria.

Introduction

What if I told you that over 40% of Nigerians involved in crypto have either been scammed or lost money trying to buy a coin they didn’t fully understand?

And now, with the Pi Network buzzing again and whispers of “it’s about to list on Binance,” thousands of Nigerians are jumping in — without any clue how the thing really works.

Hello, IbiFounder, I’m Simon Zaku, Founder and CEO of IbiFoundry Limited, and I’ve got something urgent to share with you today.

Because last year, a close friend of mine in Abuja sent over ₦100k to buy Pi Coin from a “Telegram plug.”

Till today, the guy disappeared with his money — and my friend still doesn’t own even 1 Pi.

Can you imagine?

So in this detailed, verified, and fully Nigerian-style blog post, I’ll walk you step-by-step on how to truly buy Pi Coin from Nigeria without getting scammed.

No fluff.

No crypto jargons.

Just real steps that work.

Ready?

Let’s now jump straight into the deep water 👇🏾

What Is Pi? (I Break It Down In Simple Nigerian Terms)

Forget what all the “crypto bros” on Twitter dey talk.

Pi Coin is not just another shiny digital currency flying around like Shiba Inu or Dogecoin.

It’s a digital currency you mine directly from your phone or laptop — without electricity, data, or mining rig wahala.

Na mobile-first crypto wey you fit mine just by pressing 1 button daily while your data dey active but you no go need data for the completion of the mining session wey dey usually last for 24 hours.

Pi was built to be accessible — especially to people in countries like Nigeria, wey dem no get light 24/7 or constant dollar to invest in crypto.

That na why e popular for Naija.

As of today, over 30 million people globally don already join Pi Network.

And according to internal data from PiCoreTeam, Nigeria ranks among the top 5 countries with the highest Pi miners in the world.

The Strange History Of Pi Coin (Why It’s Different From Bitcoin Or Ethereum)

Pi Network no start as ICO or coin wey people for Silicon Valley just create to sell and pump.

Na three Stanford University graduates — Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip — wey start am back in March 2019.

Their goal? Make cryptocurrency available to regular people.

Pi started with what they called “Phase 1” — where people dey mine freely and refer others.

No blockchain yet.

No coin price yet.

Just users mining with the hope say one day e go get value.

This stage lasted until 2021, when they launched the “Testnet”.

That na the first time transactions begin happen — but still no official market price.

Then in late 2022, the Enclosed Mainnet came alive.

February 20, 2025 na him be the beginning of Pi Network's real-world integration as dem launch the Open Network Mainet. This phase na him allow verified users to conduct transactions outside the closed ecosystem.

Now, Pi dey exist on its own blockchain, but only verified users wey don successfully complete dia KYC fit move or trade their Pi through the Pi Browser.

And dem fit trade am on authorized exchanges wia dem list and such as OKX, MEXC, Bitget, Banxa, Pionex & Gate.io.

 The Pi Core team done also warn say trading on DEXs is unauthorized and fit result in loss of investment.

Binance, Coinbase, and some other big exchanges never list am yet.

And this na wetin dey confuse people pass.

“Why e no dey Binance if e legit?”

No be hype — na long game.

As a Nigerian, if you understand this background, e go help you know how and where to buy Pi safely.

Next, make we check how Pi don blow for Naija.

Pi Network Growth In Nigeria (Plus Shocking Crypto Stats You Didn’t Know)

Over 3 million Nigerians don already register for Pi Network.

Yes, you read that right.

And out of over 47 million global Pioneers (na wetin Pi dey call users), Nigeria dey among the top 3 countries worldwide.

That no be small thing.

Naija youths don dey mine Pi for years — from cyber cafés, Android phones, student hostels, and even mechanic shops.

And many of dem never stop.

In fact, reports from Pi Core Team show say Nigerian Pioneers dey consistently among the most active daily miners.

So why Nigerians love Pi like this?

Because e dey free, accessible and with the wey the economy take dey, people go do anything legitimate and convenient to take supplement their income.

Best of all, you no need for capital to mine.

No stress of trading or understanding DeFi.

Just press one button every 24 hours, and you dey earn small small Pi.

But that leads us to the next question…

What Is Pi Used For? (Real-Life Use Cases That Will Surprise You)

Right now, you no fit go shoprite go buy groceries with Pi.

But small communities don dey use Pi to exchange real-life items.

In places like Vietnam, Philippines, and even Lagos, Pi dey used for:

• Buying and selling phones, laptops, and electronics

• Paying for services like haircuts, graphics design, and data bundles

• Exchanging for food items like rice, chicken, or even amala

No be joke.

Dem dey call am “Pi Commerce.”.

And some people don already collect phone worth ₦75,000 for just 20 Pi.

E shows say Pi already dey useful, and that’s very rare for a crypto wey never hit Binance.

So the big question now be…

Can Nigerians Really Buy Pi? (The Truth Most People Won’t Tell You)

The short answer? Yes — but no be the way you think.

Because Pi no dey some Centralised Exchanges (CEX) and e no officially dey any Decentralized Exchanges (DEX) yet.

E mean say:

• You fit only get Pi if you mine am inside the Pi Networka app

• If someone wey don mine am, send to you P2P after you pay them

• Or you buy am or swap with your existing coin (token, assets) on authorized CEX like Bitget, MEXC, OKX etc.

  
  

Many fake vendors dey collect people money come ghost them sake of say them wan buy Pi.

These fraudsters wey dey thief people money full Telegram, Facebook, and WhatsApp.

So if you wan buy Pi safely, you need P2P with verified Pi holders, and you go do the trade inside the Pi app using Pi wallet or authorised CEX.

Step-By-Step: How To Buy Pi From Nigeria (Even As A Total Beginner)

Let’s go straight to the point:

1. You can buy from someone who has mined Pi via the Pi app and has transferable Pi to be sent to your wallet address.

2. You can swap your USDT or other assets/tokens on authorized exchanges

3. You can buy from a trusted vendor/trader.

4. Or via P2P on a trusted and secure exchange.

5. Locate a verified seller with proof of KYC and past trades

6. Agree on price in Naira per Pi (currently between $0.82 =₦1,322 per Pi)

7. Confirm payment via bank transfer or mobile money

8. Screenshot all transactions for backup

That’s it.

And once you do this successfully, you now own Pi in your wallet — not screenshot or hype.

Now let’s talk about something most people dey confused about...

Which Nigerian Banks Accept Pi (And What You Must Know First)

Let’s be clear.

No Nigerian bank currently supports Pi natively or crypto trading in general. In fact, experts will advise you not to use any crypto lingo in your bank transfer narration when paying for Pi or other cryptocurrencies.

You can’t log in GTBank and see “Pi Wallet” option.

But that no mean you no fit cash out.

Because banks dey allow regular transfers between you and seller.

That’s why most Pi trades happen like this:

• You transfer ₦X,XXX to seller’s bank

• Seller send X amount of Pi to your Pi wallet

That’s it.

Banks dey involved only for Naira part of the trade.

So always confirm account details, do proper screenshots, and verify every seller.

Never use ATM or card — use direct bank transfer only.

Next question be:

How much this Pi even dey worth today?

How Much Is Pi Worth In Nigeria Today? (Daily Updated Exchange Rates)

This one dey change almost daily.

But here’s a general idea based on current black-market P2P rates: 1 Pi = $0.82 =₦1,322 per Pi.

But always check authorised exchanges where it’s listed for current and accurate value.

There you go see daily updated rates with real receipts

How To Do KYC For Pi In Nigeria (Fast, Free, And Approved Methods)

Without KYC, your Pi wey you mine for the Pi Network App just dey play.

You no go fit transfer am, sell am, or use am for anything.

So follow these exact steps:

1. Open Pi Browser

2. Enter “Pi KYC” in the browser

3. Login with same Pi credentials

4. Upload valid ID (NIN slip, Passport, or Driver’s License)

5. Take selfie as instructed

6. Wait 24–72 hours for approval

Once approved, you go see badge inside your Pi profile.

And now, your wallet dey activated to send and receive Pi.

Make sure your name on ID match your Pi profile name.

If you never do am, try use International Passport — na the fastest method for Nigerians, but you fit use NIN slip if you no get passport.

What Is 1 Pi Worth In Dollars And Naira Today? (And Why It Changes)

Let’s break this down clearly.

1 Pi = $0.82 =₦1,322 per Pi.

Why the price dey change?

Like every other commodity price dey controlled by demand and supply among users.

If tomorrow more people want Pi, value go increase.

If people wan dump am, value go drop.

Simple!

So always confirm daily market price before buying.

Contact Lance Momodu to Trade Pi Securely:

Have Any Questions or Need Help? Click Here to Email Lance Momodu

Or Click Here to Send a Message to Lance Momodu on WhatsApp

Which Exchange Is Pi Listed On? (And Why It’s Not On Binance Yet)

Pi is officially listed on exchanges such as OKX, Bitget, Banxa, MEXC, Pionex, and Gate.io.

So why Binance no list am yet?

Nobody fit talk why because Binance team never make any official statemen about am. Na just speculations from Binance community members full ground.

Recently, Binance team even do poll to know those wey support listing of Pi Coun and over 70% of the votes been dey in favour of the listing.

Is Pi Coin A Good Investment For Nigerians? (Honest Answer)

Let me be honest.

Pi no be fast money.

It’s not a quick flip.

But as long-term crypto?

E get serious potential.

Why?

• No heavy electricity or data needed

• Over 47 million users already

• Built on real blockchain — not fake project

• Focus on community and real-life usage

If Pi team continue well, price fit reach $10 or more in 3–5 years.

But as Naija person, just know say:

This na patience game — not MMM.

Can Pi Coin Become The Next Bitcoin? (What You Need To Understand)

Short answer?

Unlikely.

Bitcoin na pioneer.

But Pi fit become the most widely-used crypto for regular people.

Especially in Africa.

If Pi gets listed on Binance…

If major apps and stores begin accept am…

If enough Nigerians trust and use am…

Then yes — value go rise.

But until then, be wise.

Do your own research.

No fall for hype.

Just follow the right steps…

…And maybe, just maybe, you go laugh last when others still dey shout “Wetin be Pi self?”

Frequently Asked Questions About Buying Pi Coin In Nigeria (FAQ) - Answered by Pi Expert, Lance Momodu

Can I really buy Pi Coin with Naira?

Yes, but only through peer-to-peer (P2P) platforms or Pi barter marketplaces and authorized exchanges like Bitget.

Where can I safely buy or sell Pi in Nigeria?

You can trade Pi safely on trusted P2P marketplaces like PiBridge, authorised exchanges, PiChainMall, or Pi barter groups inside the Pi Network app (Pi Browser)

it true Pi is not on Binance yet?

Yes, 100% true — But hopes are high that it will soon be listed and the Binance team body language suggest same.

Why do I need to do KYC before I can trade my Pi on the Pi Network?

KYC helps prove you're a real human and not a bot — without completing it, you can’t transfer, trade, or access your Pi balance.

How much is 1 Pi worth right now in Nigeria?

The price of 1 Pi changes daily, but currently $0.82 =₦1,322 per Pi.

Is it safe to buy Pi from Telegram or WhatsApp sellers?

No — most of those are unverified and scam-heavy. Always use trusted P2P or in-app marketplaces.

Can I transfer Pi to my Nigerian bank account?

No — you first have to trade it with someone for Naira, then receive that Naira in your bank account. You can’t deposit Pi directly.

What happens if I don’t do my Pi KYC?

You won’t be able to access or use your mined Pi. It will just remain locked until you complete KYC.