PiChain Global's PCM Wallet update enhances user experience by introducing new features for Pi Network users.
New Features of PCM Wallet
On March 27, 2025, PiChain Global announced a major update to the PCM Wallet app introducing features like unique Pi deposit addresses and a Trading Account feature. The app was completely rebuilt using Flutter, providing smoother and more responsive interfaces. A daily transfer and withdrawal limit of 200 Pi is set, with plans to increase this limit soon.
Community Response and KYB
The update has generated various reactions from the Pi Network community. Many users expressed excitement about the new features. However, some skepticism persists regarding the protocol's development, particularly concerning the KYB (Know Your Business) registration. PiChain Global had previously announced its application for Pi Network’s KYB to strengthen its ecosystem.
Role of PCM Wallet in Pi Network Ecosystem
PCM Wallet is a non-custodial Web3 wallet that allows PiChain Global users to safely conduct transactions. It supports global payments and offers a cost-effective solution for cross-border and local transactions. Pi Network, which supports the wallet, allows users to mine Pi coins directly from mobile devices and ranks 22nd among cryptocurrencies by trading volume.
The PCM Wallet update marks a significant step forward for PiChain Global and the Pi Network community. The new features aid in more effective digital asset management, and the balance between innovation and community engagement will be key to the network's long-term success.