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**🚨 BREAKING: Banxa Approved for Pi Network KYB!**
**Fiat-to-$PI Purchases Are Coming Soon!**
Big news, Pioneers! 🎉 **Banxa**, a leading fiat-to-crypto gateway, has officially passed Pi Network’s **KYB (Know Your Business) verification**—joining trusted platforms like OKX, MEXC, and Gate.io.
**What this means:**
✅ **Buy $PI directly with fiat** (USD, EUR, etc.) via Banxa’s secure platform.
✅ **Seamless transfers** to your Pi Wallet once live.
✅ Another leap toward **real-world utility** for Pi!
🔜 Stay tuned for updates on the official launch date!
**Always verify KYB-approved businesses** (see list below) to avoid scams. 🛡️
#PiNetwork #Banxa #KYB #FiatOnRamp #CryptoNews
**Fiat-to-$PI Purchases Are Coming Soon!**
Big news, Pioneers! 🎉 **Banxa**, a leading fiat-to-crypto gateway, has officially passed Pi Network’s **KYB (Know Your Business) verification**—joining trusted platforms like OKX, MEXC, and Gate.io.
**What this means:**
✅ **Buy $PI directly with fiat** (USD, EUR, etc.) via Banxa’s secure platform.
✅ **Seamless transfers** to your Pi Wallet once live.
✅ Another leap toward **real-world utility** for Pi!
🔜 Stay tuned for updates on the official launch date!
**Always verify KYB-approved businesses** (see list below) to avoid scams. 🛡️
#PiNetwork #Banxa #KYB #FiatOnRamp #CryptoNews
NerdHaven:
Pioneers, who mined, are treated like trash by the project. First, everyone who did KYC should migrate, then let's see if it's really a serious project. Today the community is crumbling.
Banxa is now officially ✅ KYB-verified and integrated into the Pi Network Mainnet!
This isn’t just another name — Banxa is a global fiat-to-crypto bridge used by top exchanges.
This marks a turning point in Pi adoption.
One by one, serious players are joining the verified Pi economy.
#PiNetwork #Banxa #KYB $BTC $ETH $SOL #BinanceHODLerSTO #DigitalAssetBill
This isn’t just another name — Banxa is a global fiat-to-crypto bridge used by top exchanges.
This marks a turning point in Pi adoption.
One by one, serious players are joining the verified Pi economy.
#PiNetwork #Banxa #KYB $BTC $ETH $SOL #BinanceHODLerSTO #DigitalAssetBill
#MyFirstSquarePost Hello, Binance Square!
Hellow Everyone. . Hope you are doing well on this platform . I'm new here and need your help to learn how to earn easily by investing low amount. Scammers shoul stay away from my post .
#binance #bnb #kyb #usd
Hellow Everyone. . Hope you are doing well on this platform . I'm new here and need your help to learn how to earn easily by investing low amount. Scammers shoul stay away from my post .
#binance #bnb #kyb #usd
Wrong Narratives On Pi Network Registration On Exchanges
For one or two days now, some influencers have reported wrongly uncertainty with regards to #Pi listing on Exchanges.
They reported that the Exchanges are reluctant to list the coin because of credibility issues. No, that's not the case.
The issue has to do with the rule introduced by #PiNetwork which requires that Exchanges must get KYB Know Your Customer approval because they can do business with them .
#KYB is for all businesses.
Any exchange that wants to list $PI must pass their KYB verification.
Before now, Projects have been the ones begging exchanges to list on their platforms, but the case is reversed for $Pi.
For one or two days now, some influencers have reported wrongly uncertainty with regards to #Pi listing on Exchanges.
They reported that the Exchanges are reluctant to list the coin because of credibility issues. No, that's not the case.
The issue has to do with the rule introduced by #PiNetwork which requires that Exchanges must get KYB Know Your Customer approval because they can do business with them .
#KYB is for all businesses.
Any exchange that wants to list $PI must pass their KYB verification.
Before now, Projects have been the ones begging exchanges to list on their platforms, but the case is reversed for $Pi.
PI_NETWORK
🗣️What is #KYB in #PiNetwork ?
Many of you have heard the term KYB and are wondering about its meaning and role in Pi Network,so I will explain this concept to you in detail so that the picture is clear to everyone.
1️⃣ What is KYB?
KYB is an abbreviation for a set of standards and protocols that any entity,including exchanges and financial platforms,must adhere to if they want to be part of the Pi Network economy.These standards ensure that any party dealing with Pi currency operates within the framework of the network and adheres to its rules.
2️⃣ Why was KYB created?
KYB was created to ensure that all platforms that want to list Pi Network are not just traditional exchanges aimed at speculation,but must be part of the closed economy that the network is building, where Pi is traded as a real currency used for buying and exchanging and not just for trading in secondary markets.
3️⃣ How does KYB affect the listing of Pi on exchanges?
Many exchanges want to list Pi Network,but they will only be able to do so if they adhere to the KYB standards,which means:
✅ Being part of the Pi Network and not just an external trading platform.
✅ Supporting a closed economy instead of open speculation.
✅ Operating within the rules and standards set by the Pi Core Team to ensure the stability of the currency and protect it from manipulation.
4️⃣ Does this mean that any exchange can list Pi?
❌ No,not any exchange can list Pi Network unless it is recognized within the network and follows the KYB standards.This means that listing will be selective and no unqualified platform will be allowed to trade Pi unofficially.
5️⃣ What does this mean for the Pi Network community?
🔹 This means that Pi Network does not need traditional #exchanges ,but rather the opposite,exchanges need Pi to be part of this new #system
🔹 This proves that the Pi economy is built on a solid foundation,as the listing mechanism is carefully controlled to ensure sustainability.
🔹 This reinforces the vision of a closed economy and confirms that Pi is not just a speculative currency,but an integrated financial system.
📍#conclusion
💡 KYB is a system that ensures that any platform that wants to list Pi Network must be part of the network and not just a traditional exchange that aims to speculate.
💡 Listing Pi Network on exchanges will not be random,and any platform that does not meet KYB criteria will not be allowed to list the currency.
💡 This reinforces the strength of Pi Network as a real currency within an independent economic system.
That's why,from the beginning, we have been saying "Pi is not a platform currency, everyone will be inside the network",and this is what is happening now! 🚀
Copied for information😉
Many of you have heard the term KYB and are wondering about its meaning and role in Pi Network,so I will explain this concept to you in detail so that the picture is clear to everyone.
1️⃣ What is KYB?
KYB is an abbreviation for a set of standards and protocols that any entity,including exchanges and financial platforms,must adhere to if they want to be part of the Pi Network economy.These standards ensure that any party dealing with Pi currency operates within the framework of the network and adheres to its rules.
2️⃣ Why was KYB created?
KYB was created to ensure that all platforms that want to list Pi Network are not just traditional exchanges aimed at speculation,but must be part of the closed economy that the network is building, where Pi is traded as a real currency used for buying and exchanging and not just for trading in secondary markets.
3️⃣ How does KYB affect the listing of Pi on exchanges?
Many exchanges want to list Pi Network,but they will only be able to do so if they adhere to the KYB standards,which means:
✅ Being part of the Pi Network and not just an external trading platform.
✅ Supporting a closed economy instead of open speculation.
✅ Operating within the rules and standards set by the Pi Core Team to ensure the stability of the currency and protect it from manipulation.
4️⃣ Does this mean that any exchange can list Pi?
❌ No,not any exchange can list Pi Network unless it is recognized within the network and follows the KYB standards.This means that listing will be selective and no unqualified platform will be allowed to trade Pi unofficially.
5️⃣ What does this mean for the Pi Network community?
🔹 This means that Pi Network does not need traditional #exchanges ,but rather the opposite,exchanges need Pi to be part of this new #system
🔹 This proves that the Pi economy is built on a solid foundation,as the listing mechanism is carefully controlled to ensure sustainability.
🔹 This reinforces the vision of a closed economy and confirms that Pi is not just a speculative currency,but an integrated financial system.
📍#conclusion
💡 KYB is a system that ensures that any platform that wants to list Pi Network must be part of the network and not just a traditional exchange that aims to speculate.
💡 Listing Pi Network on exchanges will not be random,and any platform that does not meet KYB criteria will not be allowed to list the currency.
💡 This reinforces the strength of Pi Network as a real currency within an independent economic system.
That's why,from the beginning, we have been saying "Pi is not a platform currency, everyone will be inside the network",and this is what is happening now! 🚀
Copied for information😉
🚀 Exciting Updates from the Pi Network 🚀
As shared by the @Pi-Network , once the Open Network (TON) is officially launched, Pi users will be able to access a curated list of KYB-verified businesses directly on the Pi Network website. This feature aims to increase transparency and further integrate Pi’s ecosystem with verified commercial entities.
🔧 Mining Update:
Mining activities will continue, but at a reduced rate, reflecting the evolution of Pi as it moves closer to its full-scale launch on the Open Network.
What Does This Mean for the Community?
For Pioneers: You’ll soon be able to interact with verified businesses, increasing the utility of Pi in the real world.
For Miners: While mining continues, it’s important to stay aligned with network developments to maximize your rewards as the process becomes more streamlined and integrated.
The transition to the Open Network represents a major step forward, signaling growth and new opportunities for all Pi users. Stay tuned for more developments!
#PiNetwork #OpenNetwork #KYB #PiUpdates #CryptoGrowth
As shared by the @Pi-Network , once the Open Network (TON) is officially launched, Pi users will be able to access a curated list of KYB-verified businesses directly on the Pi Network website. This feature aims to increase transparency and further integrate Pi’s ecosystem with verified commercial entities.
🔧 Mining Update:
Mining activities will continue, but at a reduced rate, reflecting the evolution of Pi as it moves closer to its full-scale launch on the Open Network.
What Does This Mean for the Community?
For Pioneers: You’ll soon be able to interact with verified businesses, increasing the utility of Pi in the real world.
For Miners: While mining continues, it’s important to stay aligned with network developments to maximize your rewards as the process becomes more streamlined and integrated.
The transition to the Open Network represents a major step forward, signaling growth and new opportunities for all Pi users. Stay tuned for more developments!
#PiNetwork #OpenNetwork #KYB #PiUpdates #CryptoGrowth
See original
Why does Pay Network require KYB from its platforms and applications?
Pi Network requires platforms and applications that interact with it to comply with Know Your Business (KYB) procedures to ensure security and reliability in financial transactions within its ecosystem. There are several reasons for this requirement, including:
Compliance with laws and regulations – Many countries require KYB procedures to prevent fraud, money laundering, and terrorist financing.
Compliance with laws and regulations – Many countries require KYB procedures to prevent fraud, money laundering, and terrorist financing.
Pi Network's KYB Request to Binance — Business or Just Monkey Business? 🐵🤔
Breaking News! 🚨 Pi Network has officially asked Binance to conduct *Know Your Business (KYB)* verification instead of the usual *Know Your Customer (KYC)* checks. So what’s the deal with this twist? Let’s dive in and see what’s cooking with a touch of fun! 🍳
---
*🔍 Why KYB Over KYC?*
*1. Regulatory Compliance ✅*
KYB ensures that Binance isn’t just *big*, but also *legally compliant*. No monkeying around when it comes to regulations. 🏛️
*2. Security Test 🔒*
Pi Network wants to take a peek under Binance’s hood 🛠️—checking their risk management, security protocols, and making sure Binance is ready for anything. Maybe even a *“Break Glass in Case of Meme Coin Crash”* button. 😅
*3. Strategic Flirting 💑*
Could this be Pi Network and Binance *testing the waters* for a potential *partnership*? Maybe they’re just checking the vibe before things get more serious. 💍
*4. Listing Prep 📈*
KYB could be Binance’s way of saying, “Prove you’re legit, and maybe we’ll swipe right on that $PI listing.” 🤑💥
---
*🔄 KYB vs. KYC — What’s the Difference?*
*KYB (Know Your Business):*
Think of it as a *background check for companies*. Binance will check if Pi Network is a *real business*, who’s behind it, and if they’re playing by the rules. 🎩🔍
*KYC (Know Your Customer):*
This one’s for you! It’s all about *making sure you’re you* and not some random bot or cat trying to invest in crypto. 🐱💼
—
*🚀 What Could This Mean for Pi Network?*
*⏳ Delayed Moon Mission?*
KYB might *stretch the timeline* forPI to land on Binance — kind of like a *pre-flight safety check* before blasting off 🚀. No rush, Pi! Let’s make sure everything is set up properly.
*🤝 Stronger Ties:*
If Binance gives Pi Network the *thumbs up*, this could be the start of something big! Maybe a future *listing of $PI* on Binance or even a *joint “We Passed KYB!” celebration*. 🎉🎉
---
*⚠️ Heads Up!*
Binance hasn’t spilled all the beans yet, so these insights are based on what *usually* happens behind the crypto curtains. 🧐
---
*So what do you think? 🤔*
Is this the start of a *Binance-Pi bromance* 👫, or just some *corporate paperwork* with extra steps? Drop your *hot takes* below! 🔥👇
$GALA
$BTC
$DOGE
#Binance #KYB #kyc #CryptoPartnerships #CryptoNewss
---
*🔍 Why KYB Over KYC?*
*1. Regulatory Compliance ✅*
KYB ensures that Binance isn’t just *big*, but also *legally compliant*. No monkeying around when it comes to regulations. 🏛️
*2. Security Test 🔒*
Pi Network wants to take a peek under Binance’s hood 🛠️—checking their risk management, security protocols, and making sure Binance is ready for anything. Maybe even a *“Break Glass in Case of Meme Coin Crash”* button. 😅
*3. Strategic Flirting 💑*
Could this be Pi Network and Binance *testing the waters* for a potential *partnership*? Maybe they’re just checking the vibe before things get more serious. 💍
*4. Listing Prep 📈*
KYB could be Binance’s way of saying, “Prove you’re legit, and maybe we’ll swipe right on that $PI listing.” 🤑💥
---
*🔄 KYB vs. KYC — What’s the Difference?*
*KYB (Know Your Business):*
Think of it as a *background check for companies*. Binance will check if Pi Network is a *real business*, who’s behind it, and if they’re playing by the rules. 🎩🔍
*KYC (Know Your Customer):*
This one’s for you! It’s all about *making sure you’re you* and not some random bot or cat trying to invest in crypto. 🐱💼
—
*🚀 What Could This Mean for Pi Network?*
*⏳ Delayed Moon Mission?*
KYB might *stretch the timeline* forPI to land on Binance — kind of like a *pre-flight safety check* before blasting off 🚀. No rush, Pi! Let’s make sure everything is set up properly.
*🤝 Stronger Ties:*
If Binance gives Pi Network the *thumbs up*, this could be the start of something big! Maybe a future *listing of $PI* on Binance or even a *joint “We Passed KYB!” celebration*. 🎉🎉
---
*⚠️ Heads Up!*
Binance hasn’t spilled all the beans yet, so these insights are based on what *usually* happens behind the crypto curtains. 🧐
---
*So what do you think? 🤔*
Is this the start of a *Binance-Pi bromance* 👫, or just some *corporate paperwork* with extra steps? Drop your *hot takes* below! 🔥👇
$GALA
$BTC
$DOGE
#Binance #KYB #kyc #CryptoPartnerships #CryptoNewss
We have submitted a KYB business application to the @PiCoreTeam . We believe that Cepi Network's comprehensive DeFi system will help Pi Network gain more on-chain applications and expand its financial ecosystem.
Stay tuned for important updates from Cepi Network!
#PiNetwork #KYB
Stay tuned for important updates from Cepi Network!
#PiNetwork #KYB
🚀 Big News, Pioneers!
🔹 #PIJSwap has officially completed the #KYB application for Pi network and is now moving forward to the next stage of deeper integration!
🔍 During the KYB process, PiNetwork focused on two key questions:
✅ "If your business is creating a Layer-2 token on Pi, does it already exist on another blockchain?"
✅ "If your business is creating NFTs, do you already have them on another blockchain?"
🔹 These questions highlight that the Open Network launch is just the beginning! PiNetwork is actively shaping a VM-based on-chain ecosystem, setting the stage for a surge in DApps, much like #Ethereum. This signals rapid expansion in ecological applications and the developer community!
🔹 We see #KYB as a crucial step toward #PiNetwork's evolution into a fully decentralized and open blockchain ecosystem. As it matures, it will attract developers and users from across the broader blockchain space into the Pi Ecosystem.
🔥 The golden era of "Build on Pi" is coming!
✅ Onchain, Not on-chain!
✅ Crosschain, Not cross-chain!
✅ One World, One PiNetwork!
#PiNetwork #Web3
🔹 #PIJSwap has officially completed the #KYB application for Pi network and is now moving forward to the next stage of deeper integration!
🔍 During the KYB process, PiNetwork focused on two key questions:
✅ "If your business is creating a Layer-2 token on Pi, does it already exist on another blockchain?"
✅ "If your business is creating NFTs, do you already have them on another blockchain?"
🔹 These questions highlight that the Open Network launch is just the beginning! PiNetwork is actively shaping a VM-based on-chain ecosystem, setting the stage for a surge in DApps, much like #Ethereum. This signals rapid expansion in ecological applications and the developer community!
🔹 We see #KYB as a crucial step toward #PiNetwork's evolution into a fully decentralized and open blockchain ecosystem. As it matures, it will attract developers and users from across the broader blockchain space into the Pi Ecosystem.
🔥 The golden era of "Build on Pi" is coming!
✅ Onchain, Not on-chain!
✅ Crosschain, Not cross-chain!
✅ One World, One PiNetwork!
#PiNetwork #Web3
🚨 Breaking News, Pioneers! 🚀
The #KYB page of #PiNetwork has just been updated with exciting new sections, including Bridges & Web3 Wallets! 🌉🔗
This update could open the door to a growing list of KYB-approved exchanges and businesses, making Pi more accessible and useful than ever! 🔥
Get ready for the next big leap! 🚀💜
#web3 #PiCoreTeam #Pioneers👫great
The #KYB page of #PiNetwork has just been updated with exciting new sections, including Bridges & Web3 Wallets! 🌉🔗
This update could open the door to a growing list of KYB-approved exchanges and businesses, making Pi more accessible and useful than ever! 🔥
Get ready for the next big leap! 🚀💜
#web3 #PiCoreTeam #Pioneers👫great
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