Pi Network Launches Fast Track KYC to Expedite Token Access
- Pi Network introduced a “Fast Track KYC” feature aimed at reducing verification times for token claims.
- New users can now activate their mainnet wallets without completing the previous requirement of a minimum of 30 mining sessions.
- Over 14.8 million users have completed KYC verification and transitioned to the Mainnet.
- The project recently integrated Stellar’s Protocol v23 on its testnet, confirming block validation at height 20,824,824.
- Pi Coin is currently trading at approximately $0.36, with new liquidity options available through OKX’s PI/USDC pair.
The introduction of Fast Track KYC is designed to enhance user experience by enabling quicker access to Pi apps and local commerce activities while maintaining KYC standards through an internal solution within the Pi Wallet app.
With over 14.8 million users verified, the Fast Track KYC feature aims to alleviate delays in token claims as Pi Coin trades around $0.36. (Source)
