How to verify Pi Network KYC?

Table of Contents

Verifying Pi Network KYC (Know Your Customer) is an essential step in securing your Pi coins for future use. The process involves submitting identity verification documents through the Pi app to confirm your identity and protect the network from fraudulent accounts.

Introduction

Pi Network has introduced a KYC (Know Your Customer) process to ensure that its users are real individuals, contributing to a secure and decentralized cryptocurrency platform. Verifying your KYC is crucial for protecting your mined Pi coins and ensuring that they will be transferable during Pi Network’s future phases.

In this article, we will provide a comprehensive guide on how to verify Pi Network KYC, why it is important, and best practices to follow during the process.

What is Pi Network KYC?

KYC, or Know Your Customer, is a standard process used by financial institutions and cryptocurrency platforms to verify the identity of users. This helps prevent fraud, money laundering, and other illegal activities.

Purpose of KYC in Pi Network

For Pi Network, KYC is a mandatory process that ensures the network remains secure by confirming that each user is a real person and not a bot or duplicate account. This helps build trust and compliance for the platform as it prepares for its mainnet launch.

Importance of Verifying KYC

Verifying your KYC is crucial for a few key reasons:

Security: It prevents fraudulent accounts from accessing Pi Network.
Transferability: Users who verify their KYC will be able to transfer their mined Pi coins once the mainnet is launched.
Regulation Compliance: KYC helps Pi Network comply with regulations, making the platform more sustainable in the long term.

Step-by-Step Guide to Verify Pi Network KYC

The Pi Network KYC process is straightforward but requires careful attention to detail. Follow these steps to successfully verify your identity:

1. Access the KYC Application in Pi Network

To begin the KYC process, open the Pi Network app on your mobile device and look for the “KYC” or “Verify Identity” option. You will usually find this in the menu or under the profile section.

2. Submit Personal Information

Once you access the KYC application, you’ll be prompted to fill out personal information such as your name, date of birth, and address. Ensure that the information you provide matches the details on your identification documents.

Tips for Accuracy:

Double-check spelling and details to avoid delays.
Ensure that the name and date of birth match exactly with your identification document.

3. Upload Identity Verification Documents

Next, you’ll be asked to upload official identification documents. Accepted documents may vary depending on your country, but common options include:

Passport
Driver’s License
National ID Card

Ensure that the document is valid and clearly shows all necessary details.

Best Practices for Uploading Documents:

Use a well-lit room to avoid shadows on your document.
Make sure the entire document is visible and not cropped.
If using a passport, ensure both the photo and personal details page are clear.

4. Face Verification

Pi Network requires a face verification step to ensure that the person submitting the documents matches the identity on the ID. This step usually involves taking a selfie or scanning your face using the camera on your phone.

How to Pass Face Verification:

Position your face in good lighting.
Remove any hats or glasses that might obstruct your facial features.
Follow the prompts in the app to ensure the scan is accurate.

5. Submit Your KYC Application

After completing the form, uploading documents, and passing face verification, submit your KYC application. The review process typically takes some time, and you’ll be notified in the app once your KYC is verified.

How Long Does Pi KYC Verification Take?

The time it takes to verify Pi Network KYC can vary based on factors such as the number of applications being processed and the completeness of your submission.

Typical Review Times

Immediate Approval: In some cases, applications can be approved within hours, especially if all the information is accurate and clearly presented.
Several Days: More commonly, verification may take a few days as your documents and information are reviewed manually.
Rejection and Re-Submission: If there’s an issue with your submission, such as unclear documents or incorrect information, you may be asked to re-submit your application, which can delay the process.

Common Causes of Delay:

Blurry or unclear identification documents.
Mismatch between personal details and submitted documents.
Failure to complete the face verification process correctly.

What to Do If Pi Network KYC is Rejected?

If your KYC application is rejected, don’t panic. Rejections are often due to minor issues that can be corrected. Here’s how to handle a KYC rejection:

1. Review the Rejection Reason

The Pi Network app will usually provide a reason for the rejection. It’s essential to carefully review this feedback so you can correct the issue in your next submission.

Common Rejection Reasons:

Blurry or incomplete ID document.
Incorrect personal details that don’t match your ID.
Poor face verification photo.

2. Correct the Issue

Based on the rejection reason, correct any issues in your application. If your document was unclear, retake the photo in better lighting. If your personal details were incorrect, double-check your name, birthdate, and other information.

3. Re-Submit Your Application

After making the necessary corrections, re-submit your KYC application through the Pi app. Be sure to follow the guidelines closely to avoid another rejection.

Why is Pi Network KYC Important for Future Transfers?

Completing the KYC verification is more than just an identity check—it’s a critical step for those looking to transfer Pi coins once Pi Network moves to the mainnet.

Eligibility for Mainnet Transfers

Only users who have successfully verified their KYC will be eligible to transfer their Pi coins to external wallets or exchanges once the mainnet is launched. Failing to verify KYC may result in the inability to access your mined Pi coins in the future.

Compliance with Regulatory Standards

As Pi Network prepares to move towards a fully operational blockchain, complying with KYC standards will ensure it can operate within legal frameworks in different countries. This helps legitimize the network and provide long-term stability.

Best Practices for a Successful Pi Network KYC

To ensure your KYC process goes smoothly and you avoid any unnecessary delays or rejections, follow these best practices:

Provide Accurate Information

Always ensure that the information you submit in the Pi app matches your official identification documents exactly. Small errors can lead to delays or rejections.

Use Clear, High-Quality Images

When uploading your identification documents, use a high-quality camera and take the photo in a well-lit area. Ensure the entire document is visible and that no parts are blurry.

Complete Face Verification Carefully

During the face verification process, make sure your face is fully visible and well-lit. Remove any obstructions such as hats or glasses, and follow the prompts in the app to capture a clear scan.

Conclusion

Verifying Pi Network KYC is a crucial step in securing your Pi coins and ensuring their transferability when Pi Network reaches the mainnet phase. By following the steps outlined in this guide and ensuring accurate, clear submissions, you can successfully complete your KYC verification. Don’t wait—complete your Pi KYC as soon as possible to protect your assets and stay compliant with the platform’s requirements.

Key Takeaways:

Pi Network KYC verification ensures that each user is a real individual and prevents fraudulent activity.
Completing KYC is necessary to access and transfer Pi coins once Pi Network moves to the mainnet.
The KYC process includes submitting personal details, identity documents, and passing face verification.
Common reasons for KYC rejection include unclear documents and incorrect personal information.
Ensure that your submissions are accurate and high-quality to avoid delays in the verification process.

Short explanation

To verify Pi KYC after receiving the notification, just click KYC link and follow the instruction on Pi browser.

You will be asked to put your name Surname… as written in your ID card or Passport or Driver License
You will choose the country and the VALID ID type (National ID card or Passport or Driver License)
You will make a short video showing your face and nobody else in the video
A photo will be taken.
Finally, you send your application for review and wait approval.

If everything is OK, then in a few minutes or hours, you will be approved.

If your application has been processing (in review) for weeks/months, that means:

Your application failed
Or your application got stuck.
You can only wait until you get feedback, the option to try again, or unstuck.
You can also find for help here, minepi.com/kyc-application-access

You must know:

KYC is restricted if you haven’t completed 30 mining sessions
KYC is restricted if your account is flagged for violations. You can request a review at minepi.com/kyc-application-access
Must be over 18yo.
We believe no slot also happens if you didn’t mine for a long time. So mine everyday if possible

Pi Mainnet Transfer Checklist

DO THIS BEFORE YOU CAN BE ABLE TO DO KYC

Checklist No 1 : Download Pi Browser
Checklist No 2 : Create your WALLET (on Pi Browser)
Checklist No 3 : Confirm your WALLET and link to your account (on Pi Network App)
Checklist No 4 : Choose your Pi lockup period : 14 days or 6 months or 1 year or 3 years(on Pi Network App)
Checklist No 5 : Secure your account for KYC and Mainnet Migration by verifying your phone, email, Facebook (on Pi Network App)
Checklist No 6 : Submit KYC as soon as you receive the invitation notification (on Pi Browser)
Checklist No 7 : Wait for KYC result (on Pi Browser)
Checklist No 8 : Sign Acknowledgement to Receive Tokens (on Pi Network App)
Checklist No 9 : Migrate to Mainnet (on Pi Network App)