The Pi Network’s mainnet launch, slated for Q1 2025, is one of the most anticipated events in the cryptocurrency space, especially for the 60 million-strong Pi community, known as the Pioneers. After years of waiting, users are set to finally access their Pi coins, while developers will have the chance to build on the robust Pi blockchain. A key requirement for the mainnet migration is completing the Know Your Customer (KYC) process, with the deadline set for January 31, 2025.
To help you prepare, here’s a step-by-step guide on what you need to do to ensure a smooth transition to the mainnet.
Phase 1: Setting Up Your Pi Wallet
- Download the Pi Browser App
The Pi Browser app is your gateway to the Pi Network ecosystem. Available on both iOS and Android, this app allows you to access your Pi Wallet and various decentralized applications (dApps). - Create Your Pi Wallet
Your Pi Wallet is where your Pi coins will be stored on the mainnet. Open the Pi Browser, navigate to the wallet section, and follow the prompts to create your wallet. Be sure to note and securely store your private key—losing it will mean losing access to your coins. - Confirm Your Pi Wallet
Once your wallet is created, confirm ownership within the app. Your wallet status will remain “Not Confirmed” until this step is completed.
Phase 2: Lockup Configuration and Account Security
- Set Up Lockup Configuration
Locking up a portion of your Pi coins is optional but can increase your mining rate in the future. Interacting with the lockup settings is a mandatory step for mainnet migration, even if you decide to lock up 0%. - Secure Your Account
Ensure your account is secure by enabling two-factor authentication (2FA) and verifying your email or phone number. These steps are essential for safeguarding your Pi assets.
Phase 3: Completing KYC and Migrating to Mainnet
- Sign the Acknowledgement Agreement
Read and sign the document acknowledging the terms and conditions for using Pi tokens on the mainnet. - Submit Your KYC Application
To complete KYC, provide your identification documents (passport, ID card, or driver’s license) within the Pi app. Follow the instructions carefully to submit your application. - Wait for KYC Results
After submission, your KYC application will be reviewed. Be patient, as the process may take several days. Monitor your app for updates. - Migrate to Mainnet
Once your KYC is approved, your Pi balance will be automatically queued for migration. When your turn arrives, your coins will be transferred to your mainnet wallet, completing the process.
Also Read: Pi Network Accelerates Mainnet Migration Ahead of Open Network Launch
Completing KYC by the January 31 deadline is crucial for your participation in the Pi Network mainnet launch. By following this guide, you can ensure your assets are secure and ready for the big day, paving the way for a seamless transition into the mainnet and its future growth.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
About The Author
