Where and how to sell Pi Coin: A step-by-step guide

Key takeaways

• Set up your Pi Wallet and secure it with a 24-word seed phrase before transferring your coins.

• KYC is often required on both CEXs and P2P platforms to transfer and sell Pi Coins.

• You can sell Pi through CEXs or P2P platforms, each offering different security, speed and control.

• Always do your own research (DYOR) before selling or holding, as expert opinions on Pi’s future vary.

If you’re here, you probably already know what Pi Coin is and just want to figure out how to sell it. However, a recap awaits, in case you need one. 

While the project pitches itself as a way to democratize crypto access through mobile mining, there are some major concerns that have been hard to ignore:

• Pi claims over 60 million users, but blockchain explorers show only about 9.11 million wallets, with daily active users closer to 20,000.

• Six years after launch, the Pi mainnet is still technically “enclosed,” with full control held by the core team.

• Inflation is a major issue: The circulating supply doubled in just a year, sitting at around 5.56 billion tokens as of early 2025.

• The mandatory Know Your Customer (KYC) process raises serious privacy concerns, especially with user data being handled by regional validators.

• Heavy reliance on in-app advertising, despite low operating costs, and tactics designed to keep users engaged without clear utility.

Now let’s talk price

Pi Coin reached an all-time high of about $2.98 in late February 2024 when early trading started appearing on selected exchanges. Since then, it’s been almost a straight downward slide. 

As of April 28, 2025, Pi Coin (PI) is trading around $0.62, which means it has fallen by roughly 79% from its peak. Even worse, it’s not showing signs of recovery; the price is hovering dangerously close to its all-time low, with thin liquidity and decreasing volume across most exchanges.

So, with mounting concerns about the project’s future and the market showing little faith, many early miners and holders are deciding it might be time to abandon ship.

Here’s exactly how you can do that — step-by-step.

Did you know? The Pi Ad Network, launched in 2024, allows developers to monetize their apps by displaying ads within the Pi ecosystem. Advertisers pay in Pi, creating a circular economy where developers earn Pi for user engagement, and users benefit from relevant advertisements.

Setting up your Pi Wallet

Once you’ve decided to sell your Pi Coin, the first step is getting your coins into a wallet you control, and for that, you’ll need to set up a wallet. Here’s how to get started.

First, download the Pi Browser app — it’s available on both the Google Play Store and the App Store. Once it’s installed, open it up and head to the “wallet.pi” page inside the browser.

There, you’ll be guided through setting up your Pi Wallet. It’s a quick process, but don’t rush it. When you create your wallet, you’ll be given a 24-word seed phrase. This is critical: The Pi Network doesn’t store your passphrase for you. If you lose it, you lose access to your wallet and your Pi for good. So write it down, store it offline, and keep it somewhere safe.

If you get stuck or want a walkthrough, the Pi Network’s official support portal has detailed instructions.

Transferring your Pi Coins to your wallet

Setting up the wallet is only half the job. To actually move your Pi Coins over, you’ll first need to complete KYC verification.

Open your Pi Network app, go to the KYC section, and follow the prompts to verify your identity. Once your KYC is approved, you’ll unlock the ability to transfer your mined coins.

From there, head to the Mainnet Checklist in the app, which will walk you through the final steps. Once everything’s checked off, your transferable balance will be sent straight to your Pi Wallet.

Heads up: The transfer isn’t always instant. Sometimes, there are delays, especially if the network is busy, so don’t panic if it takes a little time. Just make sure your app is updated and that you’ve finished all the required steps.

Once that’s done, you’re finally ready to move on to selling.

Did you know? Even though Pi Network transitioned to its open mainnet in February 2025, users are still required to use the official Pi Wallet for withdrawals, with the network citing security and KYC requirements.

Choosing where to sell your Pi Coin

Now that your Pi Coins are in your wallet, you have two main options for selling them: centralized exchanges (CEXs) or peer-to-peer (P2P) platforms. Each has its own pros and cons, depending on how much security, speed and control you want.

Selling Pi on centralized exchanges (CEXs)

If you want the most straightforward experience, CEXs are the way to go. These platforms offer a structured environment where trades happen quickly — and there’s usually more buyer demand, too.

As of April 2025, here are a few CEXs where you can sell your Pi Coin:

• OKX: Supports multiple trading pairs (such as PI/USDT, PI/TRY, PI/USD, PI/EUR and PI/BRL). Fees are fairly low (0.08% for makers and 0.10% for takers) and withdrawal fees vary depending on what you’re moving out.

• MEXC: Offers pairs like PI/USDT, PI/USDC and PI/EUR. The nice thing here? 0% maker fees and 0.05% taker fees, making it a cost-effective option.

• Gate.io: Lists the PI/USDT pair. Trading fees are 0.1% across the board. Just be aware that Gate.io requires full KYC verification before you can start.

• Bitget: Also offers PI/USDT trading, with 0.1% fees. However, Bitget isn’t available in certain countries (including the US), so check if you have access before signing up.

Things to keep in mind when picking a CEX:

• KYC is usually required — expect to submit ID documents.

• Trading pairs matter — if you want USDT, make sure the exchange offers it.

• Fees vary, so compare platforms if you’re selling a big chunk.

• Liquidity counts — the more active the market, the better the prices you’ll get.

Step-by-step guide to selling Pi Coin on centralized exchanges

First, you’ll need to create an account on a crypto exchange that supports Pi trading. Sign up just like you would for any online service. After that, you’ll be asked to go through KYC verification by uploading ID documents and sometimes even a short selfie video to prove you’re real. It’s a bit of a hassle, but without it, you won’t be able to trade.

Once your account is set up and verified, it’s time to deposit your Pi Coins. Log in to your new exchange account, head to the “Deposit” section, and choose “Pi Coin” from the list. You’ll get a special wallet address — copy that address carefully. Then open your Pi Wallet, paste the deposit address, and send your coins over. Transfers can take a little time depending on network traffic, so don’t stress if it’s not instant.

When your Pi Coins show up in your exchange balance, you’re ready to sell. Go to the trading area and find the right trading pair; for most people, it’ll be PI/USDT (selling Pi for Tether, a popular stablecoin).

You can either sell at the market price if you want it done fast or set a “limit order” if you’re willing to wait for a better price.

Finally, once your Pi is sold, you’ll have USDt (USDT) (or whichever currency you chose) sitting in your account. From there, you can withdraw your funds — either converting it into fiat like the US dollar or euro and sending it to your bank or transferring your crypto to another wallet.

Selling Pi P2P

If you prefer dealing directly with another person, you can also sell your Pi Coin through P2P platforms. These give you more flexibility, but they do come with more risk.

Some options include:

• Coinskro: A P2P platform built specifically for Pi transactions, accessible through the Pi Browser.

• Telegram and Discord communities: Some Pi trading communities are pretty active, but you’ll need to vet who you’re dealing with carefully.

Tips for staying safe in P2P sales:

• Always use escrow services (Coinskro offers this) to hold funds until both sides confirm.

• Verify the person you’re trading with — check their history if you can.

• Never overshare personal or banking information.

• If it’s your first time trading with someone, start with a small amount to test trustworthiness.

Did you know? In 2022, peer-to-peer (P2P) payment fraud losses in the United States reached an estimated $1.7 billion, marking a 90% increase over the previous year.

Step-by-step guide to selling Pi Coin P2P

Once you’ve picked a platform, you’ll usually create an account, and depending on the service, you might have to verify your identity, too. From there, you’ve got two options: 1) You can either list your Pi Coins for sale (saying how much you’re offering and at what price) or 2) if you want to move faster, browse existing buy offers.

If you see someone already looking to buy Pi for USDT (or another currency you want), you can simply respond to their ad instead of setting up your own. This can be a quicker way to get a deal done without having to wait for a buyer to come to you.

When you find a match and agree to the terms, always use an escrow service whenever possible. Escrow will hold the buyer’s payment safely while you transfer the Pi Coins, adding a critical layer of protection for both sides.

Here’s how a typical P2P deal works:

• The buyer sends their payment to the escrow system → you transfer your Pi Coins to their provided wallet address → once they confirm they’ve received the coins, the escrow releases the money to you.

It’s smooth and low-stress as long as you stick to the platform’s rules.

If you’re considering going outside of an escrow system — say, because someone offers you a “better deal” — be extremely cautious. Always use secure, traceable payment methods, never overshare personal or financial info, and if it’s your first time dealing with someone, start with a small amount to test trustworthiness before committing to a bigger sale.

Should you sell or hold your Pi Coin?

If you’ve made it this far, you’re probably still weighing the big question: Should you sell your Pi Coin now or hang on a little longer?

This article has covered a lot of the red flags — from the sluggish mainnet rollout to inflation concerns and privacy issues — but it’s only fair to point out that the future isn’t written in stone. There are still some experts out there who see a path for Pi Network to grow.

For example, analysts at CoinCodex predict Pi Coin could average around $1.71 in 2025, with highs potentially reaching up to $2.94. Over at CoinDCX, its forecast puts Pi trading between $2.75 and $2.80 by the end of the year, assuming everything breaks in Pi’s favor: a full mainnet launch (because it operates with a “firewall” that restricts external connectivity), growing adoption and better overall market conditions.

Of course, these are just predictions — not guarantees. And if you’ve spent any time in crypto, you already know that things can swing wildly in either direction.

That’s why the golden rule applies here: do your own research (DYOR). Expert opinions can be helpful, but they aren’t a substitute for doing your own homework. Double-check sources, stay skeptical, and always think about your own financial goals and risk tolerance before making a move.

Regardless of whether you decide to sell your Pi now or ride it out and see what the future holds, make sure it’s a choice you’re comfortable with (and one that fits your bigger financial picture).

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

How to buy a home with a crypto-backed loan

Key takeaways

• Crypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings.
• The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing loan terms.
• These mortgages offer tax advantages, streamlined approvals and the ability to retain crypto investment value while accessing liquidity.
• Platforms like Nexo provide tailored solutions, but thorough research is essential to ensure security and regulatory compliance.

Crypto-backed mortgages are a watershed moment in real estate financing because they let you use digital assets such as Bitcoin (BTC) or Ether (ETH) as collateral for a home loan.

Instead of selling your cryptocurrency, you pledge it to secure funds for buying property. This approach has been gaining traction as more people explore alternatives to traditional financing.

Furthermore, as the adoption of cryptocurrencies grows, crypto-backed mortgages are positioning themselves as a bridge between decentralized finance (DeFi) and traditional property markets, offering a unique solution for crypto holders looking to diversify their investments without forfeiting their digital wealth.

What are crypto-backed mortgages?

Crypto-backed mortgages are home loans where digital assets are used as collateral instead of cash or traditional assets. 

Surprisingly, the process is straightforward: You transfer your cryptocurrency to a lender, who locks it up as collateral. In return, they provide a loan, often in fiat currency, to finance your property purchase. As long as you make timely payments, your crypto stays intact. 

If the value of your collateral drops due to market volatility, you might need to add more assets to maintain the loan’s security — this is called a margin call.

What role does blockchain play in crypto-backed mortgages?

Blockchain technology makes this system transparent and efficient. Smart contracts, for example, automate much of the loan process, reducing paperwork and speeding up approvals. The blockchain’s immutable nature ensures every transaction is secure and verifiable, building trust between lenders and borrowers.

Crypto-backed mortgages are still emerging, but various platforms have already entered the market, offering tailored solutions for crypto investors. 

As the adoption of blockchain in real estate grows, this innovative financing model is becoming more and more attractive. 

Did you know? In 2012, BTCJam launched as one of the earliest platforms facilitating Bitcoin-backed loans, enabling individuals worldwide to borrow funds using Bitcoin as collateral. By 2016, BTCJam had serviced over 16,000 loans across more than 120 countries, with the average loan size ranging from $400 to $600.

The crypto-backed mortgage process 

Navigating a crypto-backed mortgage involves several key steps:

1. Eligibility criteria: Lenders typically accept major cryptocurrencies like Bitcoin and Ether as collateral. The required collateral value often exceeds the loan amount to account for market volatility. For instance, a lender might require collateral worth 150% of the loan value.
2. Financial stability and regulatory compliance: Beyond crypto holdings, lenders assess your overall financial health, including income stability and credit history. Compliance with Anti-Money Laundering (AML) regulations is crucial; you’ll need to provide thorough documentation tracing the origin of your crypto assets to ensure they are legitimate.
3. Application steps: Start by identifying lenders or platforms that accept cryptocurrency as collateral. Options may include specialized crypto lending platforms and certain traditional financial institutions. Once approved, you’ll transfer your crypto assets to a secure escrow or custodial account designated by the lender. This step ensures the lender can access the collateral if necessary.
4. Property appraisal and loan finalization: The lender will conduct a property appraisal to confirm its market value. Afterward, you’ll finalize the loan terms, including interest rates and repayment schedules.
5. Repayment and collateral management: Repayment structures vary; some loans may offer interest-only payments with a lump-sum principal repayment at the end, while others follow traditional amortization schedules. Interest rates can differ based on the lender and the loan’s specifics.

Given the volatile nature of cryptocurrencies, lenders monitor the value of your collateral. If its value drops below a certain threshold, you may face a margin call, requiring you to add more collateral or risk liquidation of your assets.

Did you know? When a homeowner fails to make mortgage payments, the lender may initiate a foreclosure to recover the outstanding loan balance. This legal process allows the lender to take ownership of the property and sell it to recoup losses. 

Advantages of crypto-backed mortgages

• Preserving your crypto investments: Using your cryptocurrency holdings as collateral for a mortgage allows you to access funds without selling your assets. This means you can continue to benefit from any potential appreciation in value while securing the financing you need.
• Potential tax benefits: By leveraging your crypto assets as collateral instead of selling them, you may avoid triggering capital gains taxes. This strategy can be more tax-efficient, especially in jurisdictions where selling digital assets incurs significant tax liabilities.
• Streamlined approval process: Crypto-backed mortgages often place less emphasis on traditional credit scores. Lenders focus more on the value of your crypto collateral, which can simplify and expedite the approval process, making it more accessible for individuals with varying credit histories.

Did you know? Mississippi has one of the lowest mortgage approval rates in the US, with only 52.14% of applications approved between 2018 and 2022. This low approval rate is influenced by factors such as higher poverty levels, lower median incomes and elevated debt-to-income ratios among applicants. Additionally, racial disparities persist, with Black applicants facing higher denial rates compared to white applicants. 

Risks and considerations

Despite the advantages, there are some risks you should be aware of:

• Cryptocurrency volatility: The value of cryptocurrencies can fluctuate significantly. If the value of your collateral drops below a certain threshold, lenders may issue a margin call, requiring you to provide additional assets to maintain the loan. Failure to do so could result in the liquidation of your crypto holdings.
• Regulatory and legal landscape: The regulatory environment for crypto-backed mortgages varies by jurisdiction and is continually evolving. It’s essential to understand the legal implications and ensure compliance with local laws, including AML regulations.
• Understanding loan terms: Thoroughly review the loan agreement to comprehend all terms, including interest rates, repayment schedules and conditions for margin calls. Being well-informed helps prevent unexpected challenges during the loan term.

Where can you leverage your crypto assets for real estate financing?

Several platforms already offer crypto-backed mortgages, allowing you to leverage your digital assets to purchase real estate. Here are some options:

• Nexo: Nexo provides crypto-backed loans compatible with over 40 different currencies. Borrowers can receive quick approvals and flexible repayment plans, making it a viable option for those looking to finance real estate using their crypto holdings.
• Ledn: Ledn offers Bitcoin-backed mortgages, allowing clients to use their BTC holdings as collateral to secure loans for real estate purchases. This service is designed to help crypto investors diversify into property without selling their digital assets.
• Salt Lending: Salt Lending facilitates crypto-backed loans, including options for real estate financing. By using your crypto assets as collateral, you can access funds for property purchases while retaining ownership of your digital investments.

Key considerations 

• Reputation and security: Research the platform’s track record and security measures to ensure your assets are protected.
• Interest rates and terms: Compare interest rates, loan-to-value ratios and repayment terms to find a platform that aligns with your financial goals.
• Supported cryptocurrencies: Ensure the platform accepts the specific digital assets you intend to use as collateral.
• Regulatory compliance: Verify that the platform operates within legal frameworks applicable to your jurisdiction to avoid potential legal issues.
• Customer support: Assess the availability and quality of customer service to assist you throughout the loan process.

By carefully evaluating these factors, you can choose a reputable and secure platform that suits your needs for obtaining a crypto-backed mortgage.

Wishing you joyful house hunting!

What are XRP futures and how to invest in them?

If you’re following developments in the cryptocurrency market, you’ve likely noticed that Coinbase Derivatives has introduced XRP futures contracts to its US derivatives exchange. This move is part of a broader trend where regulated platforms are expanding access to futures trading, giving investors new ways to engage with digital assets like XRP (XRP).

But what exactly are XRP futures? And how do you get involved as an investor or trader?

Let’s take a closer look.

What are XRP futures?

XRP futures are standardized financial contracts that allow you to agree to buy or sell XRP at a predetermined price on a specific future date. Rather than trading the actual token, you’re trading a contract that tracks the price of XRP.

These contracts are overseen by the US Commodity Futures Trading Commission (CFTC), meaning they operate within a regulated framework. That adds a level of oversight and structure that appeals to many investors, particularly those wary of the risks tied to unregulated platforms.

On April 3, 2025, Coinbase Derivatives announced it had filed with the CFTC to self-certify XRP futures contracts, and the contracts were launched on April 21, 2025.

Types of XRP futures contracts offered by Coinbase

Coinbase’s offering includes:

• Nano XRP futures represent 500 XRP per contract, cash-settled in US dollars. These are designed for retail traders and smaller institutions, offering lower capital requirements while still providing exposure to XRP price movements.

• Standard XRP futures cover 10,000 XRP per contract, are also settled in USD, and are aimed at larger institutions and active traders.

This variety lets you choose a position size that matches your risk tolerance and investment strategy. 

But what do terms like “cash-settled” actually mean?

Both Nano and Standard XRP futures are contracts that let you trade based on the price of XRP — but you don’t actually own or receive XRP. You’re trading contracts that track XRP’s price.

And, when the contract closes, the difference between your entry and exit price is calculated (profit or loss) and settled in USD — this is what cash settlement means. 

Did you know? Other products offered by the Coinbase Derivatives exchange include more than 20 futures contracts on assets such as Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Solana (SOL), Chainlink (LINK) and Stellar (XLM).

Why choose XRP futures contracts over buying XRP?

You might be wondering why someone would choose futures over simply buying XRP on the spot market.

Here are a few reasons:

• Leverage: Futures often allow you to control a large position with a relatively small amount of capital. While this can amplify gains, it also increases potential losses.

• Hedging: If you already hold XRP and expect short-term volatility, futures can be used to protect your portfolio.

• Speculation: Futures allow you to take both long (bullish) and short (bearish) positions, so you can potentially benefit from market moves in either direction.

• No wallet or storage needs: Buying XRP requires a secure wallet and managing private keys, which carries risks like hacking or loss. Futures contracts are financial instruments traded on exchanges, eliminating the need for direct XRP custody.

• Liquidity and accessibility: Futures markets often have high liquidity, making it easier to enter and exit positions. Some exchanges offer XRP futures with lower barriers than buying XRP on certain crypto platforms, especially in regions with regulatory restrictions.

• Cash settlement: Many XRP futures are cash-settled, meaning you settle profits or losses in fiat or stablecoins without handling XRP itself, simplifying the process for traders avoiding crypto custody.

When to choose futures contracts:

• You want to trade XRP price movements with leverage or flexibility to go long or short.

• You prefer not to deal with crypto wallets or custody.

• You’re hedging an existing XRP position or portfolio.

• You’re comfortable with the risks and complexities of derivatives.

When to buy XRP:

• You believe in XRP’s long-term value and want to hold it as an investment.

• You plan to use XRP for transactions or in its ecosystem (e.g., Ripple’s payment network).

• You want to avoid the risks of leverage and futures margin calls.

Ultimately, futures suit active traders or those seeking leveraged exposure, while buying XRP could be ideal for long-term holders or users of the asset. You must always assess your risk tolerance and goals before deciding whether to invest in XRP or XRP futures.

Did you know? The MarketVector™ Coinbase XRP Benchmark Rate provides a robust USD price reference exclusively for XRP traded on the Coinbase Exchange. It includes no other assets and no other exchanges — just XRP, just Coinbase.

Where to invest in XRP futures

If you’re looking to invest in XRP futures, there are several platforms (other than Coinbase) offering access depending on your location and trading needs.

• Kraken Futures: Kraken provides XRP futures with leverage. In Australia, access is limited to wholesale clients through Beaufort Fiduciaries Pty Ltd (AFSL no. 545124). In the United Kingdom, only clients classified as Professional Clients under Financial Conduct Authority rules can trade through Crypto Facilities Limited (FRN: 757895).

• Binance: Binance offers XRP/USDT perpetual futures contracts, allowing users to trade XRP without an expiry date. These contracts support leverage, giving traders flexibility in managing exposure. However, as of May 28, 2024, Binance no longer supports XRP as a margin asset under its “Multi-Assets Mode,” though XRP futures remain available in other trading modes.

• OKX: OKX also provides XRP/USDT perpetual swaps, which let traders speculate on XRP price movements continuously. While OKX delisted XRP expiry futures contracts in December 2024, perpetual swaps are still supported. Traders can apply leverage and adjust positions based on their risk strategy.

• Bitget: It is a globally accessible platform that offers XRP futures with options to take long or short positions. It features a user-friendly interface, making it suitable for both new and experienced traders, though availability depends on regional regulations.

• KuCoin Futures: KuCoin supports XRP perpetual contracts (XRP/USDT) with leverage. The platform is known for low trading fees and offers various features for different trading strategies. It’s accessible in many countries, with some regional restrictions.

• MEXC: It provides XRP futures in both USDt-margined and coin-margined formats. MEXC supports high leverage and offers educational tools, catering to traders of all levels. The platform is available in most regions, though users should check for local compliance.

• Delta Exchange: It lists XRP perpetual futures with leverage up to 100x. It’s known for low fees and advanced risk management tools. The platform is available to traders in several countries, depending on local laws.

• Bitfinex: Lastly, Bitfinex offers XRP futures as part of its broader derivatives portfolio. Its platform caters to advanced users with customizable strategies. Access is region-dependent, and traders must ensure eligibility based on their location.

Did you know? Coinbase crypto derivatives are not available to retail clients based in the United Kingdom or Spain due to local regulatory restrictions. 

How to invest in XRP futures 

If you’re interested in trading XRP futures, here are general steps to get started:

1. Choose a platform: Select a regulated exchange offering XRP futures, such as Coinbase’s US Derivatives Exchange. Create an account and complete identity verification, which typically involves submitting a valid ID and proof of address.

2. Understand the product: Research how XRP futures contracts work, including contract sizes (e.g., Coinbase offers standard contracts of 10,000 XRP or nano contracts of 500 XRP), margin requirements, leverage options and fees. Futures are complex, so review the exchange’s documentation and understand risks, such as liquidation.

3. Fund your account: Deposit USD or another accepted currency to use as collateral (margin) for trading. Check the platform’s minimum deposit and margin requirements. For example, Coinbase settles futures in USD, and you can fund via bank transfer or debit card.

4. Place your trade: Use the platform’s trading interface (e.g., Coinbase Advanced) to select XRP futures contracts (symbol: XRL for standard XRP contracts on Coinbase). Decide whether to go long (buy) or short (sell), set your position size, and apply any leverage if available. Confirm the trade after reviewing details.

5. Practice risk management: Futures carry high risks due to leverage and volatility. Set stop-loss orders, limit position sizes based on your risk tolerance, and avoid risking more than you can afford to lose. For instance, some exchanges pause trading if the underlying asset’s price moves over 10% in an hour to mitigate volatility risks.

6. Monitor the market: Track XRP’s price, market sentiment, funding rates and external factors like regulatory news or macroeconomic trends. Use tools like candlestick charts or technical indicators on the platform to inform your strategy. Stay updated to adjust positions and avoid unexpected losses.

Oregon targets Coinbase over XRP, cites securities violations

Oregon’s Attorney General has sued Coinbase, claiming the exchange offered unregistered securities, including XRP. The lawsuit argues that a wide range of digital assets traded on the platform qualify as investment contracts under state law.

State officials say the case is part of a broader effort to step in where federal enforcement has pulled back. Legal experts note that while the outcome won’t set a national precedent, it could influence how regulators and courts approach similar cases.

The timing is notable — just weeks after the SEC dropped its case against Ripple and days after Coinbase listed XRP futures on its US derivatives exchange.

Did you know? On March 25, 2025, Ripple Labs settled its long-standing legal dispute with the SEC. As part of the agreement, Ripple consented to pay a reduced fine of $50 million — down from the original $125 million — without admitting any wrongdoing.

CME’s XRP futures launch: A new era for institutional crypto trading?

CME Group, the world’s leading derivatives marketplace, is set to launch XRP futures on May 19, 2025, pending regulatory approval. This move marks a significant milestone for Ripple’s native token, as it opens the door for institutional investors to gain regulated exposure to XRP for the first time through a trusted exchange.

The futures contracts will come in two sizes:

• 2,500 XRP (micro) 

• 50,000 XRP (standard)

These contracts will be cash-settled, using the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time. Such contracts are designed to provide traders and institutions with a capital-efficient way to hedge or speculate on XRP’s price movements.

This launch follows CME’s expanding suite of crypto derivatives, which already includes Bitcoin, Ethereum, and Solana futures. With over 80 million XRP users globally and growing interest in Ripple’s technology, the addition of XRP futures positions CME as a key player in the evolving digital asset landscape.

How risky are crypto futures?

Futures trading offers opportunities, but it comes with significant risks — especially if you’re new to derivatives. Here’s what you should keep in mind:

• Leverage risk: While leverage can increase your returns, it also amplifies losses. A small price move in the wrong direction can quickly deplete your account.

• Volatility: XRP is known for its sharp price swings. Futures contracts can exaggerate the impact of volatility on your position.

• Funding rates: Perpetual futures contracts charge periodic funding fees, which can eat into profits if held long-term.

• Liquidation: If the market moves against you and your margin falls below the required level, your position may be automatically closed — often at a loss.

• Complexity: Futures are more complicated than spot trading. Understanding contract terms, funding rates and expiry dates is crucial to managing your trades effectively.

• Market liquidity: While XRP is a liquid asset, futures trading depends on active participation. Thin order books can lead to slippage and unexpected price movements.

• Emotional pressure: The fast-paced nature of futures trading can lead to impulsive decisions. Discipline and a clear strategy are essential.

If you’re new to this type of trading, consider starting with a demo account or using nano contracts to reduce your exposure while you learn. Trade smart — your safety’s on you!

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

If you’re following developments in the cryptocurrency market, you’ve likely noticed that Coinbase Derivatives has introduced XRP futures contracts to its US derivatives exchange. This move is part of a broader trend where regulated platforms are expanding access to futures trading, giving investors new ways to engage with digital assets like XRP (XRP).

But what exactly are XRP futures? And how do you get involved as an investor or trader?

Let’s take a closer look.

What are XRP futures?

XRP futures are standardized financial contracts that allow you to agree to buy or sell XRP at a predetermined price on a specific future date. Rather than trading the actual token, you’re trading a contract that tracks the price of XRP.

These contracts are overseen by the US Commodity Futures Trading Commission (CFTC), meaning they operate within a regulated framework. That adds a level of oversight and structure that appeals to many investors, particularly those wary of the risks tied to unregulated platforms.

On April 3, 2025, Coinbase Derivatives announced it had filed with the CFTC to self-certify XRP futures contracts, and the contracts were launched on April 21, 2025.

Types of XRP futures contracts offered by Coinbase

Coinbase’s offering includes:

• Nano XRP futures represent 500 XRP per contract, cash-settled in US dollars. These are designed for retail traders and smaller institutions, offering lower capital requirements while still providing exposure to XRP price movements.

• Standard XRP futures cover 10,000 XRP per contract, are also settled in USD, and are aimed at larger institutions and active traders.

This variety lets you choose a position size that matches your risk tolerance and investment strategy. 

But what do terms like “cash-settled” actually mean?

Both Nano and Standard XRP futures are contracts that let you trade based on the price of XRP — but you don’t actually own or receive XRP. You’re trading contracts that track XRP’s price.

And, when the contract closes, the difference between your entry and exit price is calculated (profit or loss) and settled in USD — this is what cash settlement means. 

Did you know? Other products offered by the Coinbase Derivatives exchange include more than 20 futures contracts on assets such as Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Solana (SOL), Chainlink (LINK) and Stellar (XLM).

Why choose XRP futures contracts over buying XRP?

You might be wondering why someone would choose futures over simply buying XRP on the spot market.

Here are a few reasons:

• Leverage: Futures often allow you to control a large position with a relatively small amount of capital. While this can amplify gains, it also increases potential losses.

• Hedging: If you already hold XRP and expect short-term volatility, futures can be used to protect your portfolio.

• Speculation: Futures allow you to take both long (bullish) and short (bearish) positions, so you can potentially benefit from market moves in either direction.

• No wallet or storage needs: Buying XRP requires a secure wallet and managing private keys, which carries risks like hacking or loss. Futures contracts are financial instruments traded on exchanges, eliminating the need for direct XRP custody.

• Liquidity and accessibility: Futures markets often have high liquidity, making it easier to enter and exit positions. Some exchanges offer XRP futures with lower barriers than buying XRP on certain crypto platforms, especially in regions with regulatory restrictions.

• Cash settlement: Many XRP futures are cash-settled, meaning you settle profits or losses in fiat or stablecoins without handling XRP itself, simplifying the process for traders avoiding crypto custody.

When to choose futures contracts:

• You want to trade XRP price movements with leverage or flexibility to go long or short.

• You prefer not to deal with crypto wallets or custody.

• You’re hedging an existing XRP position or portfolio.

• You’re comfortable with the risks and complexities of derivatives.

When to buy XRP:

• You believe in XRP’s long-term value and want to hold it as an investment.

• You plan to use XRP for transactions or in its ecosystem (e.g., Ripple’s payment network).

• You want to avoid the risks of leverage and futures margin calls.

Ultimately, futures suit active traders or those seeking leveraged exposure, while buying XRP could be ideal for long-term holders or users of the asset. You must always assess your risk tolerance and goals before deciding whether to invest in XRP or XRP futures.

Did you know? The MarketVector™ Coinbase XRP Benchmark Rate provides a robust USD price reference exclusively for XRP traded on the Coinbase Exchange. It includes no other assets and no other exchanges — just XRP, just Coinbase.

Where to invest in XRP futures

If you’re looking to invest in XRP futures, there are several platforms (other than Coinbase) offering access depending on your location and trading needs.

• Kraken Futures: Kraken provides XRP futures with leverage. In Australia, access is limited to wholesale clients through Beaufort Fiduciaries Pty Ltd (AFSL no. 545124). In the United Kingdom, only clients classified as Professional Clients under Financial Conduct Authority rules can trade through Crypto Facilities Limited (FRN: 757895).

• Binance: Binance offers XRP/USDT perpetual futures contracts, allowing users to trade XRP without an expiry date. These contracts support leverage, giving traders flexibility in managing exposure. However, as of May 28, 2024, Binance no longer supports XRP as a margin asset under its “Multi-Assets Mode,” though XRP futures remain available in other trading modes.

• OKX: OKX also provides XRP/USDT perpetual swaps, which let traders speculate on XRP price movements continuously. While OKX delisted XRP expiry futures contracts in December 2024, perpetual swaps are still supported. Traders can apply leverage and adjust positions based on their risk strategy.

• Bitget: It is a globally accessible platform that offers XRP futures with options to take long or short positions. It features a user-friendly interface, making it suitable for both new and experienced traders, though availability depends on regional regulations.

• KuCoin Futures: KuCoin supports XRP perpetual contracts (XRP/USDT) with leverage. The platform is known for low trading fees and offers various features for different trading strategies. It’s accessible in many countries, with some regional restrictions.

• MEXC: It provides XRP futures in both USDt-margined and coin-margined formats. MEXC supports high leverage and offers educational tools, catering to traders of all levels. The platform is available in most regions, though users should check for local compliance.

• Delta Exchange: It lists XRP perpetual futures with leverage up to 100x. It’s known for low fees and advanced risk management tools. The platform is available to traders in several countries, depending on local laws.

• Bitfinex: Lastly, Bitfinex offers XRP futures as part of its broader derivatives portfolio. Its platform caters to advanced users with customizable strategies. Access is region-dependent, and traders must ensure eligibility based on their location.

Did you know? Coinbase crypto derivatives are not available to retail clients based in the United Kingdom or Spain due to local regulatory restrictions. 

How to invest in XRP futures 

If you’re interested in trading XRP futures, here are general steps to get started:

1. Choose a platform: Select a regulated exchange offering XRP futures, such as Coinbase’s US Derivatives Exchange. Create an account and complete identity verification, which typically involves submitting a valid ID and proof of address.

2. Understand the product: Research how XRP futures contracts work, including contract sizes (e.g., Coinbase offers standard contracts of 10,000 XRP or nano contracts of 500 XRP), margin requirements, leverage options and fees. Futures are complex, so review the exchange’s documentation and understand risks, such as liquidation.

3. Fund your account: Deposit USD or another accepted currency to use as collateral (margin) for trading. Check the platform’s minimum deposit and margin requirements. For example, Coinbase settles futures in USD, and you can fund via bank transfer or debit card.

4. Place your trade: Use the platform’s trading interface (e.g., Coinbase Advanced) to select XRP futures contracts (symbol: XRL for standard XRP contracts on Coinbase). Decide whether to go long (buy) or short (sell), set your position size, and apply any leverage if available. Confirm the trade after reviewing details.

5. Practice risk management: Futures carry high risks due to leverage and volatility. Set stop-loss orders, limit position sizes based on your risk tolerance, and avoid risking more than you can afford to lose. For instance, some exchanges pause trading if the underlying asset’s price moves over 10% in an hour to mitigate volatility risks.

6. Monitor the market: Track XRP’s price, market sentiment, funding rates and external factors like regulatory news or macroeconomic trends. Use tools like candlestick charts or technical indicators on the platform to inform your strategy. Stay updated to adjust positions and avoid unexpected losses.

Oregon targets Coinbase over XRP, cites securities violations

Oregon’s Attorney General has sued Coinbase, claiming the exchange offered unregistered securities, including XRP. The lawsuit argues that a wide range of digital assets traded on the platform qualify as investment contracts under state law.

State officials say the case is part of a broader effort to step in where federal enforcement has pulled back. Legal experts note that while the outcome won’t set a national precedent, it could influence how regulators and courts approach similar cases.

The timing is notable — just weeks after the SEC dropped its case against Ripple and days after Coinbase listed XRP futures on its US derivatives exchange.

Did you know? On March 25, 2025, Ripple Labs settled its long-standing legal dispute with the SEC. As part of the agreement, Ripple consented to pay a reduced fine of $50 million — down from the original $125 million — without admitting any wrongdoing.

CME’s XRP futures launch: A new era for institutional crypto trading?

CME Group, the world’s leading derivatives marketplace, is set to launch XRP futures on May 19, 2025, pending regulatory approval. This move marks a significant milestone for Ripple’s native token, as it opens the door for institutional investors to gain regulated exposure to XRP for the first time through a trusted exchange.

The futures contracts will come in two sizes:

• 2,500 XRP (micro) 

• 50,000 XRP (standard)

These contracts will be cash-settled, using the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time. Such contracts are designed to provide traders and institutions with a capital-efficient way to hedge or speculate on XRP’s price movements.

This launch follows CME’s expanding suite of crypto derivatives, which already includes Bitcoin, Ethereum, and Solana futures. With over 80 million XRP users globally and growing interest in Ripple’s technology, the addition of XRP futures positions CME as a key player in the evolving digital asset landscape.

How risky are crypto futures?

Futures trading offers opportunities, but it comes with significant risks — especially if you’re new to derivatives. Here’s what you should keep in mind:

• Leverage risk: While leverage can increase your returns, it also amplifies losses. A small price move in the wrong direction can quickly deplete your account.

• Volatility: XRP is known for its sharp price swings. Futures contracts can exaggerate the impact of volatility on your position.

• Funding rates: Perpetual futures contracts charge periodic funding fees, which can eat into profits if held long-term.

• Liquidation: If the market moves against you and your margin falls below the required level, your position may be automatically closed — often at a loss.

• Complexity: Futures are more complicated than spot trading. Understanding contract terms, funding rates and expiry dates is crucial to managing your trades effectively.

• Market liquidity: While XRP is a liquid asset, futures trading depends on active participation. Thin order books can lead to slippage and unexpected price movements.

• Emotional pressure: The fast-paced nature of futures trading can lead to impulsive decisions. Discipline and a clear strategy are essential.

If you’re new to this type of trading, consider starting with a demo account or using nano contracts to reduce your exposure while you learn. Trade smart — your safety’s on you!

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

How to set up and use AI-powered crypto trading bots

Key takeaways

• AI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions.

• Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests.

• Bots can run 24/7, react to data instantly and are ideal for passive income seekers and active traders.

• While powerful, they’re not “set-it-and-forget-it” tools. You’ll need to monitor performance and tweak strategies over time.

• Understanding your goals (long-term investing, day trading, etc.) helps you choose the right bot and strategy.

Crypto markets move fast and rarely sleep. That’s why AI-powered crypto trading bots are no longer a novelty. These bots use machine learning to analyze data, identify patterns and execute trades in real time, often faster and with more discipline than human traders.

From beginners looking to automate simple strategies to professionals deploying predictive models, AI bots offer a scalable way to participate in volatile markets.

This guide explains how to build the best AI trading bots for crypto, how AI trading bots work, how to set them up correctly and what to avoid for long-term performance, not just short-term automation.

What are AI-powered crypto trading bots?

AI-powered crypto trading bots are programs that automatically buy and sell crypto assets based on machine learning algorithms, rather than fixed rules. These bots ingest large volumes of historical and real-time data — price action, order book depth, volatility, even social sentiment — and use that information to detect opportunities.

Unlike traditional bots that act only when predefined conditions are met, AI bots can adjust dynamically. For example, a bot trained on past market behavior might delay execution during uncertain conditions or increase position sizing during high-confidence periods. This adaptability makes them particularly useful in high-frequency, volatile environments where speed and objectivity matter.

Advanced platforms like Freqtrade and Trality allow users to import custom-trained models, while others like Stoic by Cindicator use in-house quant research to automate portfolio balancing. The core advantage lies in their ability to reduce emotional trading and operate around the clock without fatigue.

How to set up an AI crypto trading bot

Getting started with an AI-powered crypto trading bot is easier than ever, especially with today’s user-friendly platforms. 

But behind the ease of clicking “Start” lies a setup process that determines whether the bot performs reliably or becomes a source of costly errors. Proper setup ensures alignment with market conditions, trading goals and risk tolerance.

Below are a few key points to bear in mind while setting up crypto trading bots:

• Choose a platform that supports AI functionality. Tools like Freqtrade, Trality and Jesse AI allow importing machine learning models. Others like 3Commas, Pionex and Cryptohopper focus on user-friendly automation and visual strategy builders.

• Connect the bot to an exchange using API keys. Security settings should always disable withdrawal permissions, enable 2FA and restrict access via IP whitelisting where possible.

• Configure the strategy. This includes defining trade pairs, order sizes, stop-loss and take-profit rules, cooldowns and maximum concurrent positions. Some platforms support prebuilt logic, while others allow full scripting with Python.

• Backtest the strategy using historical data. Platforms like 3Commas, Cryptohopper and Freqtrade support robust backtesting to measure risk-adjusted performance across different market phases.

• Deploy in live conditions with minimal capital. Initial live testing should include real-time monitoring of execution logs, fill prices, slippage and fees. Alerts should be set for failed orders or drawdowns. Most bots support integrations with Telegram, Slack or email for notifications.

Choosing the right AI bot

Selecting the right AI-powered crypto trading bot is a foundational step toward building a sustainable, automated trading strategy. 

The decision should align with the desired strategy complexity, technical skill level, risk appetite and required exchange support. Bots differ not only in interface and pricing but also in how deeply they incorporate machine learning and adaptive logic.

Some bots, like Pionex and Stoic by Cindicator, prioritize simplicity and automation with minimal configuration, targeting users who prefer passive execution or prebuilt strategies. 

Others, such as Freqtrade, Trality and Jesse AI, offer full control, deep customization and support for importing externally trained AI models — catering to users with programming experience or quantitative backgrounds.

• Strategy fit: Pionex and Bitsgap could be ideal for grid and dollar-cost-averaging (DCA) strategies. For trend-based or breakout strategies, 3Commas supports custom logic with popular indicators. Freqtrade and Jesse AI are best for those building predictive models with Python.

• Level of AI support: Some bots like Stoic by Cindicator use built-in quant models. Others like Trality and Freqtrade allow importing externally trained machine learning models for advanced control.

• User experience: No-code users can explore platforms like Cryptohopper and Kryll. Intermediate users often prefer 3Commas. Developers will benefit from Trality’s Python IDE or Freqtrade’s scripting interface.

• Exchange compatibility: Most bots support Binance, Kraken, KuCoin, Coinbase and Bybit. Platforms such as 3Commas and Bitsgap offer multi-exchange support and are especially popular among copy-trading users, allowing them to mirror professional strategies across multiple accounts in real time.

• Backtesting capabilities: Trality, Cryptohopper and 3Commas include visual backtesting. Jesse AI and Freqtrade offer deeper simulations with latency and slippage modeling.

• Security features: Look for bots with encrypted API key storage, IP whitelisting and two-factor authentication. These are standard on 3Commas and Trality.

• Pricing models: Pionex is free to use. Platforms like 3Commas and Trality run on subscriptions. Freqtrade and Jesse AI are open-source but require technical setup.

Common mistakes while using AI bots and how to avoid them

Despite the availability of powerful AI tools, some mistakes still lead to poor outcomes. These errors typically arise from misconfiguration, over-optimization or lack of oversight.

• Overfitting backtests: Many bots look great on paper but fail when they go live. Use walk-forward testing and avoid strategies that only succeed in past conditions.

• Relying on marketplace bots: Marketplace strategies from platforms like Kryll or Cryptohopper often lack adaptability. Always test and tweak before deployment.

• Weak risk controls: Skipping stop-losses or using oversized positions can wipe out capital. Bots like Freqtrade and Trality let users define precise risk limits. Make sure to use them.

• Ignoring trading costs: Backtests often ignore slippage and fees. Jesse AI and Freqtrade offer built-in tools to simulate these costs more accurately.

• Lack of monitoring: Bots need regular checks. Platforms like 3Commas and Trality support real-time alerts for failed trades or sudden drawdowns.

• Overleveraging: Using high leverage on exchanges like Bybit or Binance Futures (crypto derivative exchange) can lead to liquidation. Apply strict limits from the start.

• Wrong market fit: DCA works well in declining markets; breakout bots don’t. Platforms like Stoic and Kryll offer filters or pause triggers to prevent misfires.

Avoiding these common errors requires thoughtful setup, continuous validation and disciplined risk controls. AI bots can enhance performance but require human oversight, strategic clarity, and technical awareness to deliver consistent results.

The future of crypto AI trading

AI crypto trading is entering a new phase where real-time learning replaces static strategy templates. Instead of relying on predefined signals, emerging trading systems use reinforcement learning and online model retraining to adapt continuously to shifting market dynamics. 

Platforms such as Freqtrade, combined with cloud-native tools like Google Vertex AI or AWS SageMaker, enable this shift by supporting pipelines that monitor live order books, price volatility and macroeconomic indicators to automatically refine decision-making thresholds during active trading.

A major evolution is the integration of large language models (LLMs) into trading workflows. Unlike traditional bots limited to charts and price data, LLM-enhanced agents interpret unstructured information — central bank statements, tokenomics updates, SEC filings or even Discord announcements — and convert it into actionable insights. 

Early implementations are emerging in institutional quant desks and experimental tools like Delphi AI and Kaito, which allow bots to pause or adjust positions based on narrative sentiment, regulatory shifts or reputational risk events in real time.

AI is also expanding its footprint onchain, with smart contract-based agents executing trades, managing liquidity and optimizing DeFi yield in a fully decentralized manner. 

Projects like Fetch.ai are developing AI agents that operate autonomously across protocols without human intervention. These agents interact directly with AMMs, lending pools and governance protocols, ushering in an era where the lines between algorithmic trading, protocol participation and AI reasoning are entirely blurred within the blockchain itself.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.