The Chinese money plant, often referred to as the friendship plant, coin plant or UFO plant, is a much-loved houseplant known for its distinctive round leaves and simple care requirements. Although it rarely produces flowers indoors, it is prized for being easy to maintain, pet-friendly, and capable of improving indoor air quality. Its straightforward propagation makes it popular among plant lovers who enjoy sharing its offshoots, which explains its nickname, “friendship plant.” With the right conditions, this plant can double in size within a year.
Key Features
Other Names Pancake plant, coin plant, UFO plant, and friendship plant
Scientific Name:Pilea peperomioides
Plant Family :Urticaceae
Category: Perennial
Size:Grows to a height of up to 12 inches and spreads between 8 and 12 inches.
Lighting Needs: Prefers bright, indirect light
Soil Needs: Requires well-draining soil with a pH range of slightly acidic to neutral (6.0–7.0).
Native Habitat: China
Care Guidelines
Lighting
Position the plant in a location that receives bright, indirect light, such as near an east-facing or west-facing window. To ensure even growth and prevent the plant from leaning, rotate it occasionally. Although it can survive in low-light areas, this may result in sparse growth, smaller leaves, and fewer offshoots. Direct sunlight should be avoided to protect the delicate foliage from scorching.
Soil

Read Also:10 Stunning Ceiling Ideas to Transform Any Space
Use nutrient-rich, well-draining soil mixed with perlite to avoid water retention. Opt for a high-quality organic potting mix, preferably one containing peat or coir, and maintain the soil’s pH between 6.0 and 7.0 for optimal health.
Watering
Water the plant only when the soil has dried out slightly, ensuring a deep soak each time. Drooping leaves are a sign that the plant requires watering. Be cautious not to overwater, as this can cause yellow leaves or root rot.
Temperature and Humidity
The plant thrives in average indoor temperatures and humidity levels. Keep the plant away from heating vents and cold drafts, as extreme temperatures can damage it.. While it can tolerate short periods of cold, it should not be exposed to temperatures below 50°F for long durations.
Fertilizer
During the growing seasons of spring and summer, feed the plant monthly with a balanced fertilizer. Avoid fertilizing in fall and winter when the plant’s growth slows down and it enters dormancy.
Repotting and Propagation
Repotting
Chinese money plants grow quickly and may need repotting when roots begin emerging from drainage holes. Repot in early spring or summer into a container that is 1–2 inches larger.
Always choose pots with good drainage and consider materials like terra-cotta, plastic, or ceramic. Keep in mind that terra-cotta pots may require more frequent watering as they absorb moisture.
Propagation
Chinese money plantis easily propagated via its offshoots, which sprout around the base. Once these offshoots reach a few inches in height, they can be separated from the mother plant. Steps for propagation include:
1. Gently uncover the base of an offshoot.
2. Cut the offshoot using sterilized pruners.
3. Plant the cutting in a small container with damp soil.
4. Keep the soil slightly damp until roots develop.
Troubleshooting Common Problems
Yellow Leaves
Usually a result of overwatering. Check soil moisture levels before watering.
Curling Leaves
Caused by insufficient light, high temperatures, or low humidity. Inconsistent watering can also contribute to this issue.
Browning Leaves
Excessive direct sunlight can scorch the leaves. Place the plant in a spot with bright, indirect light instead.
Encouraging Blooms

Although blooms are rare indoors, mature plants may produce small white flowers on stalks. To encourage flowering, expose the plant to cooler temperatures during winter for a brief period. This Chinese money plant “shock” may trigger the plant to flower.
Pests and Management
While resistant to most pests, the Chinese money plant can attract common indoor pests like spider mites, mealybugs, scale, and fungus gnats.Routinely check the plant for pests and address any infestations using insecticidal soap or neem oil.
Conclusion
The Chinese money plant is an attractive, low-maintenance addition to any home, offering beauty with its distinctive leaves and the joy of easy propagation. Its air-purifying qualities and pet-friendly nature make it a versatile choice for all plant enthusiasts. With minimal care and attention, it will reward you with lush foliage and occasional flowers, making it a delightful companion for years to come.