The Pi Network, a revolutionary mobile mining platform, is poised to disrupt the cryptocurrency landscape. With an estimated 60 million users, Pi is the talk of the town, as crypto enthusiasts eagerly await its open mainnet launch.
Ahead of its much anticipated open mainnet launch, Pi Network has offered a six months grace period for users to complete their Know Your Customer (KYC) process, starting from July 1. To successfully complete this process, applicants need to fulfill specific requirements and follow a structured application process. Here’s a detailed guide to help you through.
Requirements to Apply for Pi Network KYC
Before starting the KYC application, ensure you meet the following requirements:
- Age Requirement: You must be 18 years or older.
- Government-Issued ID: You need to have the original copy of one of the following documents:
- Passport (recommended)
- Driving License
- National ID
- Clear Face for Liveness Check: Ensure your face is easily recognizable and matches the ID before starting the verification.
- Mining Duration: You must have mined Pi for at least 30 days.
- Time Commitment: The KYC application process takes approximately 5-10 minutes
Note: Eligibility, requirements, and availability may vary by country.
Easy Steps to Complete the KYC Verification Process
Step 1: Install the Pi Browser App
- Download the Pi Browser app from the Google Play Store or Apple App Store.
Step 2: Access the Mainnet Section
- Open the Pi Network app and navigate to the Mainnet section via the side menu.
Step 3: Complete Mainnet Checklist Tasks
- Go to the Mainnet checklist tab and complete all tasks up to the “Submit your KYC Application” task.
Step 4: Start the KYC Application
- After finishing the prerequisite tasks, the KYC application tab will unlock. If not, manually access the “kyc.pi” area in the Pi Browser app.
Step 5: Select Your Country
- On the KYC section’s first screen, select your country from a drop-down menu.
Step 6: Choose Your ID Document
- Choose the type of ID document you will use for verification, with a passport being recommended.
Step 7: Follow ID Instructions
- Read the instructions on the four slides carefully, then proceed.
Step 8: Capture ID Photos
- Tap “Add front photo,” and take a clear image of your ID’s front. If required, add a back photo as well.
Step 9: Fill Out the Form
- Fill out the form with information matching your ID document, including:
- First name
- Middle name (optional)
- Last name
- Gender
- Date of Birth
- Document ID number
- Expiry date of ID
- Country of Residence
Step 10: Complete the Liveness Check
- Click on the “I’m Ready” button for a liveness check, ensuring your face is clearly visible to the camera.
Post-Application Process
Approval Timeframe
- KYC approval can take from a few minutes to several months, depending on the accuracy of your information and the availability of validators in your country.
Checking Your KYC Status
- Check your KYC status in your Pi Network app profile. A green checkmark indicates verification, while a loading animation means your application is still pending.
- Alternatively, check the Mainnet checklist section. If the “Wait for KYC results” tab is green, your KYC is verified.
Application Review Process
- Your KYC application will be reviewed by previously verified Pi users. Each application is validated by at least two KYC-verified individuals from your country.
Application Fee
- The KYC process costs 1 PI coin, which is rewarded to the validators.
For further information, visit the Pi Network’s official KYC FAQs.