
What is PI Network?
PI Network is one of the most talked-about cryptocurrency projects, offering users a unique way to mine PI Coin for free using their smartphones. However, before you can withdraw or trade your PI Coins, you must complete the Know Your Customer (KYC) verification.
KYC is a crucial step in PI Network’s transition to open mainnet, ensuring that only real users, not bots or multiple accounts, claim their mined PI. If you’re wondering how to complete PI Network KYC successfully and access your PI Coins, this guide will walk you through the process step by step.
Why is KYC Important in PI Network?
KYC (Know Your Customer) is a standard identity verification process in the cryptocurrency space. PI Network requires users to complete KYC verification for several key reasons:
- Preventing Fake Accounts – Ensures PI Coins are distributed fairly to real users.
- Enabling Withdrawals – Only verified users can transfer PI Coins from the PI Network app to exchanges once the mainnet opens.
Without KYC approval, your PI Coins remain locked, meaning you won’t be able to sell or trade them when PI Network becomes fully operational.
How to Pass PI Network KYC?
Step 1: Open the PI Network App
- Ensure you have the latest version of the PI Network app installed.
- Log in with your registered phone number or Facebook account.
Step 2: Check KYC Eligibility
- Not all users receive KYC invitations at the same time.
- To check if you are eligible:
- Open the PI Network app.
- Navigate to the “PI Browser”.
- Select “KYC” to see if you can proceed.
Step 3: Submit Identity Verification Documents
- PI Network KYC requires government-issued identification such as:✔ Passport✔ National ID Card✔ Driver’s License
- Take clear, well-lit photos of your document and ensure all details are readable.
Step 4: Facial Recognition Verification
- PI Network may ask for a live selfie to verify your identity.
- Follow on-screen instructions and make sure your face is fully visible, without filters or obstructions.
Step 5: Wait for KYC Approval
- After submitting your documents, verification can take a few hours to several days.
- You will receive a notification in the PI Network app once your KYC is approved.
What Happens After Passing KYC?
Once you have completed PI Network KYC, you can:
- Migrate Your Pi Coins to the Mainnet – Your mined Pi Coins will be transferred to your Pi Wallet, making them fully accessible.
- Trade Pi Coin on Exchanges – Now that Pi Network is listed on exchanges like Gate.io, verified users can buy, sell, and trade Pi Coin (PI) with liquidity and market depth.
- Use Pi in the Ecosystem – Pi Network is expanding its ecosystem with dApps and payment solutions, allowing users to spend Pi for goods, services, and transactions.
Conclusion
Passing PI Network KYC is essential for anyone looking to access, withdraw, or trade their PI Coins once the mainnet is fully open. By following the step-by-step guide above, you can ensure a smooth verification process and be ready for the next phase of PI Network’s development.
If you’re planning to trade PI Coin in the future, Gate.io will be one of the best platforms to securely buy and sell PI with deep liquidity and competitive fees. Stay tuned for updates as PI Network moves towards full decentralization and exchange listings!
Author:
Cinnie, Gate.io Researcher
*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.