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Cryptocurrency News Articles

Pi Network Now Lets Users with Partial KYC Activate Mainnet Wallets Instantly.

May 03, 2025 at 01:32 pm

New users can access Pi wallets through third-party services like Banxa. The update boosts Pi's ecosystem growth, utility, and user participation.

Pi Network Now Lets Users with Partial KYC Activate Mainnet Wallets Instantly.

Pi Network has just announced a major update that unlocks Mainnet wallets for a broader user base and introduces third-party onboarding for new users to join the ecosystem.

Now, anyone who has completed any stage of Pi’s KYC process—even partially—can activate their Mainnet wallet to start using Pi directly in apps, participate in local peer-to-peer trading, and join community-driven events such as the .pi domain name auction.

This move marks a pivotal step in Pi Network’s journey, allowing verified users to engage more deeply with the network’s growing ecosystem of apps and services.

Mainnet wallet activation features are now available for identity-verified individuals—including millions of fully and partially KYC’d people—to directly participate in Mainnet utilities!

Mainnet Wallet Activation Now Decouples from Migration

Previously, accessing the Pi Mainnet wallet required completing the full migration process, which involved several steps of identity verification and technical verifications.

However, this new update from Pi Network decouples wallet activation from migration. This means that users who have passed any stage of KYC—whether it’s the initial tiers or part of the ongoing migration—can now immediately engage with the Mainnet and its utilities.

Despite this simplified access, Pi Network is known for its strict KYC standards, which will continue to be maintained even as they expand the network’s presence.

Third-Party Service Enables Non-Users to Join Quickly

In another groundbreaking move, Pi Network has announced the third-party onboarding capability for new users who were never part of the Pi Network mining phase.

Now, new users in India and other global markets can get their own Mainnet wallets through verified third-party platforms. Services like Banxa—which is now KYB-verified—offer streamlined KYC checks.

This allows newcomers to enter the ecosystem quickly without needing to go through the mining or migration phases, significantly lowering the entry barrier for a broader audience.

Update Boosts Ecosystem Growth and User Participation

This update is not just about wallets—it’s about boosting Pi Network’s ecosystem growth and pushing it towards greater levels of participation.

With more users able to join and engage, developers working on Pi-based apps can expect to see increased traffic, more transactions flowing through the network, and richer feedback loops to improve app functionality.

In addition, Pi Network is now piloting KYC delegation to trusted third parties, paving the way for faster and more scalable user onboarding. This will be a crucial factor in achieving real-world adoption at scale.

As Pi Network expands its presence and unlocks new avenues for engagement, we can expect to see even more exciting developments in the coming months.

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Other articles published on May 04, 2025