Pi Network Posts Important KYC FAQs

Pi Network is currently at a vital stage of its Enclosed Mainnet development leading up to the Open Mainnet launch. The final stage of opening the mainnet to the public is on schedule, but there is no definite timeline yet.

FAQs About Pi Network KYC 

Pi Network’s Know Your Customer (KYC) solution is a key prerequisite for the launch of its open mainnet. The software was introduced to verify millions of Pioneers and onboard them to the mainnet ecosystem. The Pioneers will have answers to numerous questions concerning the KYC process.

However, many users have questioned the protocol’s actions in ensuring that the solution is available to all Pioneers in the crypto space. The reason is the KYC slot is unavailable to most users, while the verification process is slow for some who have applied. To address the issues with KYC applications, the Pi core team shared an important update on April 7 via its official blog.

The blog contained Frequently Asked Questions (FAQ) about the KYC process for confused users, including Pioneers who don’t know how to start the process. The publication contained 11 FAQs that adequately answer the KYC application process issues.

Other topics like KYC Tentative Approval, were also explained by the core team. Pioneers interested in learning more about the KYC process should visit the protocol’s blog HERE.

While the blog addresses Pioneers’ doubts and questions, the Pi team also tries to ensure the verification process is smooth. According to the leading media platform on the decentralized mining blockchain, the team has made KYC solutions in different regions to accelerate the process.

BTCC will keep you updated with the Pi ecosystem hype, especially the Pi Network launch date.

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