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 from Nigeria without falling into scams. In this guide, I break down real steps, true Nigerian stories, trusted tools, and featured Lance Momodu, a PPi trading specialist here in Nigeria to share some insider secrets you won’t easily find on YouTube or Telegram.

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

Thank You, Nagode, Edupe, Ngodera!

I created this page to answer, explain, teach, clarify and educate you about this new "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 1 or more crypto exchange platform. You trade (or have traded) other Cryptocurrencies [BTC, 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 Pi Coin.

3. Or *you have basic knowledge about Cryptocurrencies*, done a little research about Pi Coin and other buzzling 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 Advocator; 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 cash out Pi safely in Nigeria.

You’ll discover:

1. What Is Pi? (I break it down in simple Nigerian terms and finally understand 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. Can I Sell Pi Coin Today In Nigeria? Featuring Lance Momodu (Here’s What I Found Out)

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

14. How To Convert Pi To Naira (With Real-Life Examples)

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

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

17. Frequently Asked Questions Regarding Pi Coin - All Answers by Lance Momodu, Pi Specialist, & Advocator 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,” 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 — without electricity, data, or mining rig wahala.

Na mobile-first crypto wey you fit mine just by pressing 1 button daily.

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.

But what makes Pi really unique?

It’s not yet trading on big exchanges.

You can’t just open Binance, type “Pi,” and buy it.

This thing still dey “enclosed mainnet” stage — which means only people wey don mine and complete KYC fit transfer or trade am inside the app.

So if person tell you “Buy Pi from me,” you gats ask yourself: “Where e get am from?”

Now you dey see why many people dey confused?

But don’t worry.

I go explain all the background gists and real steps you gats follow next.

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 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.

Now, Pi dey exist on its own blockchain, but only verified users (KYC) fit move or trade their Pi.

Public launch never happen.

Binance, Coinbase, and all the big exchanges never list am yet.

And this na wetin confuse people pass.

“Why e no dey Binance if e legit?”

Because the PiCoreTeam wan first complete all real-user verification (KYC) and protect against bots.

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 it dey feel accessible.

No need for capital.

No stress of trading or understanding DeFi.

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

And now, as rumors of Mainnet Open launch dey circulate, the rush don start again.

People dey hustle to do their KYC.

P2P groups don dey form again.

Even Twitter and Facebook Pi groups for Naija dey hot like fire.

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.”

The idea na to test the value of Pi before e enter public market.

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

Of course, na peer-to-peer.

No guarantee of value yet.

But it shows say Pi already dey useful, even before listing.

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.

You no fit go CoinMarketCap or Trust Wallet buy Pi.

Because Pi no dey public exchanges yet.

What that means be say:

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

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

But that’s where the wahala start.

Because many fake vendors dey collect your money and ghost you.

Telegram, Facebook, and WhatsApp full of these guys.

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.

No external wallet.

No Trust Wallet.

No Metamask.

Everything dey happen inside the Pi ecosystem.

Next, I go show you exactly where and how to do this thing like a pro.

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

So here’s how Naija people dey currently trade Pi:

1. Via Pi Browser P2P Marketplaces (e.g., Fireside Forum, PinetMall)

2. Through trusted Pioneers in groups like Nigerian Pi Network on Facebook, Reddit, and Telegram

3. Local businesses accepting Pi for products/services

But the safest way na inside Pi Network app.

Here’s why:

• You fit check person KYC status

• You fit use smart contracts to lock trade until payment confirmed

• You no go fit mistakenly send Pi outside the ecosystem

Just remember, no escrow protection yet, so trust and verification na everything.

Always ask for screenshots, KYC badge, and proof of past trades.

Next, I go show you the full breakdown of how to actually buy Pi from Nigeria — step by step.

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

Let’s go straight to the point:

1. Download the Pi Network App from Play Store or App Store

2. Sign up and mine at least 1 Pi (this helps you activate wallet later)

3. Do your KYC — use Pi browser, go to Pi KYC app, follow steps

4. Join a trusted P2P group (check Pi Nigeria Facebook group or Reddit)

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

6. Agree on price in Naira per Pi (currently between ₦1,000 – ₦3,500 per Pi)

7. Use the Pi Wallet inside the app to send/receive coins

8. Confirm payment via bank transfer or mobile money

9. 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.

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 = ₦800 – ₦3,500 (based on seller and urgency)

• Some dey sell as low as ₦500

• Some dey charge as high as ₦4,000 if demand high

But always check:

• Facebook Pi Nigeria group

• Fireside Forum inside Pi App

• Reddit r/PiNetworkNigeria

There you go see daily updated rates with real receipts.

But this value go still change when Pi finally list publicly.

Until then, na unofficial market dey control price.

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

Without KYC, your Pi 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 NIN slip — na the fastest method for Nigerians.

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

Let’s break this down clearly.

There’s no official dollar rate for Pi.

But based on peer-to-peer data:

• 1 Pi = $1.50 to $3 USD

• In Naira, that’s ₦1,000 – ₦2,500 (based on exchange rate)

Why e dey change?

Because Pi never list for Binance or CoinMarketCap.

So 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.

Next up...

(Now, for this next section, I specifically invited a Pi trading specialist, Lance Momodu to share his professional reponse to - "Can I Sell Pi Coin Today in Nigeria?")

"""

Can I Sell Pi Coin Today In Nigeria? (Here’s What I Found Out) - by Lance Momodu - Pi Trading Specialist

Yes — but with one condition: you must do your KYC first.

Once your wallet dey activated, you fit sell Pi P2P to any interested buyer.

Many Facebook groups, Reddit threads, and Pi communities dey do this daily.

I personally tested this in January 2025.

I sold 10 Pi for ₦18,000.

How?

1. Found verified buyer from a trusted group

2. We agreed on rate: ₦1,800 per Pi

3. He sent ₦18,000 to my GTBank

4. I sent 10 Pi via Pi Wallet

5. Both of us screenshot everything and confirm

Done.

No stress.

No scam.

Just P2P trust.

But always deal with verified people.

Don’t just jump inside Telegram with your eyes closed.

Thank you for having me, Simon. This is Lance Momodu"""

Contact Lance Momodu to Trade Pi Securely:

Message Lance

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

Right now, Pi no dey officially listed on any major exchange.

Some sites like XT.com and Houbi claim to list Pi IOU.

But that one no be the real Pi wey dey inside Pi app.

Na just “promissory version” — you no fit withdraw or deposit am from Pi Wallet.

Pi Core Team don warn users say:

“Only transactions inside the official Pi Wallet are valid. Ignore external listings.”

So why Binance no list am yet?

Because Pi never enter Open Mainnet phase.

Dem still dey verify millions of users and clean bots.

Once that one done, you go see big exchanges list am.

But until then, na only P2P dey real.

How To Convert Pi To Naira (With Real-Life Examples)

Here’s the real-life method many Naija Pioneers dey use:

1. Find trusted buyer on Pi P2P Nigeria group

2. Agree on rate (e.g. ₦1,500 per Pi)

3. Send Pi from your wallet

4. Receive alert from buyer’s bank transfer

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 officially…

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 — not traditional exchanges like Binance.

Where can I safely buy or sell Pi in Nigeria?

You can trade Pi safely on trusted P2P marketplaces like PiBridge, PiChainMall, or Pi barter groups inside the Pi app.

it true Pi is not on Binance yet?

Yes, 100% true — Pi is currently in the “enclosed mainnet” phase and not yet listed on major exchanges like Binance or Coinbase.

Why do I need to do KYC before I can sell my Pi?

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 on average it ranges from ₦3,000 to ₦8,000 depending on demand and where you're trading.

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.

Will Pi ever get listed officially?

Yes — once the PiCoreTeam completes global KYC and ecosystem tools, public mainnet will launch and big exchanges may list it.