PiChain Global, a key player in the Pi Network ecosystem, has announced a significant update to its non-custodial Web3 wallet, PCM Wallet. Released on March 27, 2025, the update includes several new key features aimed at enhancing the user experience and optimizing transactions.
Key Innovations in PCM Wallet Update
The PCM Wallet update, developed using the cross-platform Flutter framework, focuses on providing a smoother and more responsive user interface. It introduces muxed accounts, allowing users to have unique Pi deposit addresses and facilitating more efficient Pi balance management within the wallet.
User Enhancements and New Features
Among the new features, the Trading Account allows for seamless deposits and withdrawals of Pi. To ensure stability during the initial launch, a daily transfer and withdrawal limit of 200 Pi has been implemented, which is expected to be increased soon. PiChain Global has released a tutorial video providing a step-by-step guide on transferring, depositing, and withdrawing Pi using the updated app.
Community Reaction and KYB Verification Process
The Pi Network community has shown enthusiasm for the updated PCM Wallet, appreciating the enhanced features and improved user experience. However, some users have raised questions regarding the KYB verification process. PiChain Global has completed the document review stage and is awaiting final endorsement from the Pi Core Team to become fully verified within the Pi Network ecosystem.
The PCM Wallet update from PiChain Global marks a significant step forward for the Pi Network ecosystem, offering users enhanced capabilities for interacting with cryptocurrencies. Simultaneously, the KYB verification process remains a crucial aspect for ensuring trust and legitimacy within the community.
