How to Complete Pi Coin KYC? 9 Steps to Unlock Mainnet Migration and Avoid Pitfalls

During the Pi Network Mainnet migration process, KYC (Know Your Customer) is a core step that determines whether user assets can be successfully unlocked. According to actual testing processes, the Mainnet migration requires the completion of 9 key steps. Below is a step-by-step guide produced by Gate that analyzes the KYC operation process of Pi Network and highlights key points to avoid pitfalls. Users are encouraged to read carefully.

Complete KYC Verification Process

1. Download Pi Browser

• Install the Pi Browser app from Google Play or the App Store, which is the only official entry to the Pi ecosystem.
• Pitfall Alert: Reject third-party links to guard against phishing software.

2. Create Pi Wallet

• Select Create New Wallet in the Pi Browser.
• The system will generate a 24-word English mnemonic phrase, which must be written down on paper (do not screenshot or store in the cloud).
• Security warning: Mnemonic phrase = wallet control, leaking it will result in assets being reduced to zero!

3. Verify Wallet Ownership

• Enter the 24 mnemonic words in order to confirm wallet ownership.
• Enable Face ID or fingerprint recognition to enhance operational convenience.

4. Configure Lock-up Plan

Key Decision: Tokens cannot be transferred during the lock-up period, and it is necessary to balance returns with liquidity needs.

5. Account Security Check

• The system automatically checks the completion status of the previous steps, and compliant operations will display a green pass.

6. Submit KYC Application

• Step 1: Take a photo of and upload your ID card/passport/driver’s license (choose one of the three), ensuring that all four corners are complete and the text is clear without glare.
• Step 2: Fill in personal information such as name/gender/birthday/address must match the ID exactly (it is recommended to use English or Pinyin).
• Step 3: Face recognition completes dynamic detection in a well-lit environment and matches the ID photo.

Fee de_script_ion: Pay 1 - 2 Pi as KYC processing fee (account must have balance).

7. Waiting for KYC Results

• After submission, the status changes to orange with a countdown, and the review duration varies from 7 days to several months.
• Acceleration Tip: Regularly check Pi App notifications; if rejected, resubmit within 72 hours.

8. Start Mainnet Migration

• This option will only be activated after KYC is approved.
• Click “Start Migration” to join the Mainnet queue.

9. Track Migration Progress

• The interface displays the queue position and estimated completion time.
• After a successful migration, the Pi Browser wallet shows “Available Balance”.

“Dual Waiting” for Asset Unlocking

Even after completing all processes, monetization still requires passing through two gates:

1. The waiting period for Mainnet migration is approximately 1 - 4 weeks, greatly affected by network congestion.

2. Lockup Period

   • After the migration, the wallet only shows a test amount of 0.01 Pi.
   • According to the lock-up plan, the remaining assets will be gradually released over a period of 14 days to 3 years.
   • For example: If you choose 30% lock-up for 1 year, then 70% of the Pi is immediately available, and 30% will be unlocked linearly over 365 days.

Key Risk Warnings

1. KYC Card Self-Rescue Plan
   • If the status is stuck at “Tentative Approval”, click the “Sync Status” button every hour to force a refresh.
   • If not processed for more than 30 days, submit a ticket to the official email and attach a screenshot of your documents.
2. 2FA Failure Response
   • Didn’t receive the verification code? Turn off VPN and switch to mobile data.
   • If there is an error with the link, manually enter kyc.pi in the Pi Browser to access the verification page.
3. Anti-Scam Guidelines
   • The official will never ask for your mnemonic phrase/KYC password, be wary of fake customer service on Telegram/WhatsApp.
   • Mainnet migration does not require Gas fees, any charges are scams.

Conclusion: KYC is just the starting point, liquidity dilemma awaits resolution

Completing KYC and migration is just the first step to acquiring Pi assets. Currently, the Mainnet is still in a closed ecosystem, lacking support from mainstream exchanges like Binance/Coinbase, and the over-the-counter (OTC) price (around $0.54) has a significant deviation from the actual value. Users need to be cautious: unlocking ≠ cashing out; before real application scenarios are built in the Pi Network, what you hold may only be a ‘digital IOU’. It is recommended to keep an eye on the ecological updates of Pi2Day on June 28, as this could be the ultimate test of the project’s survival capability.