How to pass PI Network KYC and get your Token

What is PI Network?

PI Network is one of the most popular cryptocurrency projects, offering users a unique way to mine Pi coins for free using their smartphones. However, before withdrawing or trading Pi coins, you must complete the ‘Know Your Customer’ (KYC) verification. KYC is a key step for PI Network to transition to the mainnet, which can ensure that only real users (not bots or multiple accounts) can withdraw mined PI. If you want to know how to successfully complete PI Network KYC and access your Pi coins, this guide will walk you through the entire process step by step.

Why is KYC important in PI Network?

KYC (Know Your Customer) is the standard identity verification process in the cryptocurrency field. PI Network requires users to complete KYC verification for several main reasons:

• Prevent fake accounts- Ensure that Pi coins are distributed fairly to real users.
• After the mainnet is opened, only verified users can transfer Pi coins from the PI Network application to the exchange. Without KYC approval, your Pi coins will be locked, which means that when the PI Network is fully operational, you will not be able to sell or trade Pi coins.

How to do PI Network KYC?

Step 1: Open the PI Network application

• Make sure you have installed the latest version of the PI Network application.
• Log in with the registered phone number or Facebook account.

Step 2: Check KYC eligibility

• Not all users will receive KYC invitations at the same time.
• To check if you qualify, Open the PI Network application. Navigate to the ‘PI Browser’.
• Select “KYC” to see if you can proceed.

Step 3: Submit identity verification documents

• PI Network KYC requires government-issued identification, such as: ✔ Passport ✔ National ID card ✔ Driver’s license
• Take clear, well-lit photos of your documents, and ensure that all details are clear and legible.

Step 4: Facial Recognition Verification

• PI Network may require you to take a selfie on the spot to verify your identity.
• Follow the instructions on the screen to ensure your face is fully visible, without filters or obstructions.

Step 5: Wait for KYC approval

• After submitting the file, verification may take several hours to several days.
• After KYC approval, you will receive a notification in the PI Network application.

What happens after KYC verification?

After completing the PI Network KYC, you can

• Transfer your Pi coins to the mainnet - The Pi coins you mined will be transferred to your Pi wallet, making them fully accessible.
• Trading Pi coin on the exchange - Now, Pi Network has been listed on exchanges such as Gate.io, verified users can buy, sell, and trade Pi coins with liquidity and market depth (PI).
• Using Pi in the ecosystem - Pi Network is expanding its ecosystem through dApps and payment solutions, allowing users to use Pi to purchase goods, services, and conduct transactions.

Conclusion

Once the mainnet is fully open, KYC on the PI Network is essential for anyone looking to access, withdraw, or trade PI coins. Following the step-by-step guide above, you can ensure a smooth verification process and prepare for the next stage of development on the PI Network. If you plan to trade PI coin in the future, Gate.io will be one of the best platforms for safe buying and selling PI, with deep liquidity and competitive fees. Stay tuned for the latest developments as PI Network moves towards full decentralization and exchange listings!

Author: Cinnie, Gate.io Researcher Translator: Sherry S. This article only represents the author’s point of view and does not constitute any trading advice. Investment carries risks, and users need to make decisions carefully. *This content is original, the copyright belongs to Gate.io, if you need to reprint, please indicate the author and source, otherwise legal responsibilities will be pursued.