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Pi Network Incorporates TransFi as Fiat On-Ramp Provider

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by Giorgi Kostiuk

2 hours ago


Pi Network continues to expand its services by integrating TransFi as a fiat on-ramp provider, while also extending the .pi domains auction.

Integration of TransFi with Pi Network

Pi News reported the successful integration of TransFi, which has completed the KYB (Know Your Business) process to become a verified fiat on-ramp partner. With this integration, users can now buy and convert PI tokens directly using local currencies. TransFi, a Lithuania-based fintech startup, operates in over 70 countries and supports a wide variety of payment methods.

Extension of .pi Domains Auction

Earlier this week, the project team reminded users that the .pi Domains Auction has been extended until the end of September, giving them more time to innovate and bid on their applications. The domain names will simplify user interactions within the ecosystem and allow them to use their names to receive payments.

Community Discussion

The extension of the auction has sparked dissatisfaction among some community members. Some participants express their discontent and even accuse Pi Network of being a scam, while others have lost trust in the project.

The integration of TransFi and the extension of the .pi domains auction provide new opportunities for Pi Network users, but have also drawn critical feedback from the community.

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