Pi Network has extended its KYC deadline to March 14, warning users of the potential loss of mined tokens if missed. Updates have been introduced to enhance the KYC process.
The Important Guidance
Despite launching its Open Network, Pi Network keeps extending the KYC deadline. Initially set to end in February, it was moved to March 14. The team advised users to complete the process by the deadline to avoid losing mined tokens. This is considered the last chance to complete the necessary steps for migration to the mainnet.
Additional Advice
The Pi Network team also introduced updates to enhance the KYC process. Last month, it was stated that people with mismatched Pi account and KYC names might face application rejection. Such users should resubmit their applications with corrected details or update their Pi account name, risking the loss of some mobile balance.
New Updates to Improve KYC Process
Pi Network allows users to correct minor typos in phone numbers on their Pi account, altering up to two digits. This is to prevent policy violations such as account transfers or hacking.
Pi Network users should note the extended KYC deadline until March 14 to avoid losing previously mined tokens. Important updates and recommendations from the team will help improve the KYC process and mitigate potential risks.
