Pi Network KYC Verification Milestone Achieved, Mainnet Launch Still Expected in Q1 2025

Pi Network has remained a hot topic in the crypto world as users eagerly wait for the long-anticipated Mainnet launch. However, the journey has hit another delay.

Pi Network, a mobile-first blockchain network, has reportedly achieved a major milestone with 10 million users completing their KYC (Know Your Customer) verification.

This brings the network closer to its highly anticipated Mainnet launch, which is still expected in Q1 2025.

According to the latest updates, Pi Network users are urged to complete their migration to the Mainnet by March 14, 2025, to ensure they do not lose their Pi coins.

Meanwhile, rumors continue to swirl regarding the potential listing of Pi Coin on major crypto exchanges like Binance and OKX.

Pi Network has garnered significant attention in the crypto world, with users eagerly awaiting the launch of the Mainnet.

However, the journey has encountered another delay, with the team extending the grace period for users to complete their migration to February 28, 2025. This has left some members of the community feeling frustrated, especially considering that further delays could impact the possibilities for exchange listings.

Crucial Step toward Mainnet Launch: 10 Million Users KYCed

One of the primary conditions for the Pi Network Mainnet launch, which is KYC verification, has already been largely fulfilled.

The network recently achieved a major milestone by verifying 10 million users, a crucial step toward going live on the Mainnet.

This accomplishment brings the project closer to its goal and showcases the team's dedication to building a secure and trustworthy network.

Moreover, the second condition, which involves external factors, has also been met, keeping the project on track in this regard.

Two Down, One to Go: The Final Hürdle

However, the third and final condition—having at least 100 applications ready for the Mainnet launch—is still a work in progress.

Currently, about 80 to 85 applications are available, and the team is working to add more. This effort highlights their commitment to delivering a robust ecosystem for users.

Mainnet Launch Still on Track for Q1 2025

Despite the delay, the Pi Core Team has reassured the community that the Open Mainnet launch is still scheduled for Q1 2025.

They have also urged users to complete their KYC verification and migrate to the Mainnet to avoid losing their Pi coins.

This extension is seen as a way to ensure that all users are prepared and that the network launches smoothly.

Which Exchange Will List Pi Coin First?

In other news, speculation continues to grow regarding the listing of Pi Coin on major crypto exchanges.

While there have been no official announcements yet, rumors suggest that Binance and OKX have shown interest in listing Pi Coin.

Currently, Pi Coin is listed on exchanges like Bitmart, HTX Global, and CoinW, but trading has not yet begun on any of these platforms.

For now, the Pi Network community seems to be exercising patience, trusting that the delays in the Mainnet launch will ultimately lead to a more successful and impactful launch.