Pi Network has announced the deadline for users to complete the authentication (KYC) transactions and switch to the main network as 14 March 2025, 08:00 AM UTC. This time extension aims to ensure that the network has a more robust structure and not to experience victimization. Users will face the risk of losing a large part of their mobile balances if they do not complete their account verification within the specified time.
KYC Process and the Importance of Account Verification
Pi Network requires the authentication process to strengthen its decentralized structure. The KYC process aims to prevent fake or multiple accounts by confirming the real identities of users. For the long -term sustainability of the network, it is emphasized that this process should be completed completely.
Users can switch to the main network by performing authentication through Pi Network application. It was announced that those who did not complete the KYC process will lose most of the Pi balances. For this reason, users who make Pi mining are recommended to complete the verification process as soon as possible.
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Pi Network officials, this time extension, early supporters’ rights to protect the rights and full participation in the network, he said. The authentication step is critical for the growth of the platform and the construction of a safe system.
Effects on Pi Network and Crypto Money Market
It is considered that this development can contribute positively to the future value of Pi Network. Market analysts predict that the completion of the transition to the main network will allow Pi to be included in a wider ecosystem. The increase in the number of users and the strengthening of a systemless system can affect the market value of Pi.
Pi is expected to have a more robust structure with users who complete the verification process. The adoption of a decentralized structure is seen as an important development in terms of future crypto currency adaptation. The Pi community closely follows the development and adoption of the network after this process.
Pi Network users need to complete their account verification until 14 March 2025 so that they do not experience grievances. Mobile balances of those who do not complete authentication procedures can be deleted from the system. It is recommended that users will be included in the process by logging into the Pi Network application.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
