PiChain Global has announced a major update to the PCM Wallet app, improving digital asset management within the Pi Network.
New Features of PCM Wallet
The updated PCM Wallet app offers Pi Network users enhanced capabilities for managing cryptocurrency. New features include unique Pi deposit addresses through muxed accounts and a new Trading Account feature for easy deposits and withdrawals. A temporary daily transfer and withdrawal limit of 200 Pi has been set and will be increased in the future.
Pi Network Community Reaction
The PCM Wallet update has sparked varied reactions within the Pi Network community. Users are hopeful for new opportunities but express concerns about protocol development issues, such as KYB registration. A tutorial video released by the platform helps users navigate new features.
Role of PCM Wallet in the Ecosystem
The PCM Wallet acts as a non-custodial Web3 solution ensuring transaction security and user data protection. It is a crucial part of the PiChain Global ecosystem, offering mining of Pi directly from mobile devices. As of early 2025, Pi Network ranks among the top 22 cryptocurrencies by trading volume.
The PCM Wallet update marks a significant step for PiChain Global and the Pi Network community, providing new tools for more effective cryptocurrency management and strengthening Pi Network's market position.
