This site displays numerous severe red flags consistent with both phishing and crypto scam, including demanding 24-word wallet recovery phrases and offering implausible, fixed-rate instant exchanges for Pi coin. It is extremely likely to be a scam targeting Pi Network users, potentially for pig-butchering or direct wallet theft.
Why We Think This Is A Scam
Site demands users enter their full 24-word wallet recovery phrase ('Enter or paste your 24-word recovery phrase to connect your Pi wallet')—classic phishing and crypto theft tactic.
Promises instant, fee-free, fixed-rate swaps ($1 per Pi to USDT/BTC/ETH regardless of market rates), which is highly unrealistic and typical of scam mechanics.
Recently registered domain (created: 1 day) with no attribution, compliance information, or verifiable business identity.
No verifiable legal, contact, or regulatory disclosures; no company registration details.
Leverages trust language to lower user caution ('PiSwap never stores or uploads your phrase. Only enter it on platforms you trust.')—common in scam/phishing operations.
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