• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Understanding the Pi Network KYC Process

user avatar

by Giorgi Kostiuk

2 years ago


The Pi Network, a groundbreaking mobile mining platform, is set to revolutionize the cryptocurrency world. Boasting an impressive user base of around 60 million, Pi has become a topic of intense discussion among crypto enthusiasts eagerly anticipating its upcoming mainnet debut.

In anticipation of the much-awaited open mainnet launch, Pi Network has introduced a grace period of six months for users to finalize their Know Your Customer (KYC) process, which commenced on July 1. To successfully navigate this process, applicants must meet specific criteria and adhere to a structured application pathway. Here is a detailed guide to assist you throughout.

Requirements for Pi Network KYC Application

Before embarking on the KYC application journey, ensure you fulfill the following prerequisites:

  1. Age Criterion: Must be 18 years or above.

  2. Official ID: Possess an original copy of one of the following documents:

  3. Passport (recommended)
  4. Driver's License
  5. National ID

  6. Clear Facial Identity: Ensure your face is distinct and matches the ID for the liveness check.

  7. Mining Timeframe: A minimum of 30 days of Pi mining is essential.

  8. Time Allotment: The KYC application typically consumes 5-10 minutes.

Note: Eligibility, requirements, and availability may vary by location.

Steps to Complete the KYC Verification Process Step 1: Install the Pi Browser App

  • Download the Pi Browser app from the Google Play Store or Apple App Store.

Step 2: Access the Mainnet Section

  • Open the Pi Network app and navigate to the Mainnet section via the side menu.

Step 3: Fulfill Mainnet Checklist Tasks

  • Proceed to the Mainnet checklist tab and complete all tasks until the “Submit your KYC Application” step.

Step 4: Initiate the KYC Application

  • Upon completing the prerequisite tasks, the KYC application section will unlock. If not, manually access the “kyc.pi” area in the Pi Browser app.

Step 5: Choose Your Country

  • Select your country from the drop-down menu on the initial KYC section screen.

Step 6: Pick Your ID Document

  • Select the type of ID document for verification, with a passport being the recommended choice.

Step 7: Follow ID Instructions

  • Carefully read and follow the instructions on the four slides provided.

Step 8: Capture ID Photos

  • Click ‘Add front photo’ to capture a clear image of the front side of your ID. Optionally, upload a back photo as needed.

Step 9: Complete the Form

  • Fill in the form with details matching your ID, including first name, middle name (optional), last name, gender, date of birth, document ID number, ID expiry date, and country of residence.

Step 10: Undertake the Liveness Check

  • Proceed with the liveness check by clicking “I’m Ready,” ensuring your face is visible to the camera.

Post-Application Procedure Approval Timeframe

  • KYC approval duration varies from minutes to months based on information accuracy and validator availability.

Checking KYC Status

  • Monitor your KYC status in your Pi Network app profile. A green checkmark indicates verification, while a loading animation implies a pending application.
  • Alternatively, check the Mainnet checklist. A green “Wait for KYC results” tab confirms successful verification.

Application Review

  • Two KYC-verified individuals from your country will review your application.

Application Fee

  • The KYC process incurs a cost of 1 PI coin, rewarding the validators.

For more details, refer to the Pi Network’s official KYC FAQs.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Balancer Labs Announces Shutdown After Security Incident

chest

Balancer Labs has announced its decision to shut down operations six months after a significant security breach that severely damaged its reputation and triggered a selloff of its token.

user avatarJesper Sørensen

John Haar Discusses Bitcoin Adoption and Future Monetary Policy

chest

John Haar discusses the impact of COVID-19 on Bitcoin adoption and predicts future monetary interventions.

user avatarRajesh Kumar

Charles Hoskinson Defends Crypto Amid Political and Economic Turmoil

chest

Charles Hoskinson defends cryptocurrency, framing the market downturn as a reflection of political dysfunction and economic challenges, advocating for crypto as a vital infrastructure for future systems.

user avatarLucas Weissmann

XRP and Solana Strengthen Ties Through Technical Integration

chest

The relationship between XRP and Solana extends beyond social media exchanges, with significant technical integrations enhancing their ecosystems.

user avatarFilippo Romano

Solana Executive Sparks Playful Controversy with XRP Community

chest

A lighthearted exchange between Solana and XRP communities on X social media was ignited by comments from Solana Foundation President Lily Liu regarding blockchain gaming.

user avatarEmily Carter

Self-Proclaimed Prophet Predicts XRP Could Reach 10,000

chest

A self-described prophet named Brandon Biggs predicts XRP could reach 10,000, outlining a four-stage price roadmap.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.