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Pi Network (PI) News: Hereās the Latest Update
Onramp.money, TransFi, and Banxa are the only KYB-verified on-ramp partners of Pi Network.
Pi Network has integrated TransFi as a KYB-verified fiat on-ramp provider, allowing users in over 70 countries to buy and convert PI tokens using local payment methods.
Recently, the team extended the .pi domain auction until the end of September, enabling Pioneers to personalize their wallets.
More Options for PI Traders
Pi News ā an X account associated with the crypto project Pi Network ā revealed that TransFi has officially completed its KYB (Know Your Business) process as a verified thirdāparty fiat onāramp partner. The fintech platform is integrated with the Pi Wallet, meaning people can now buy and convert PI tokens directly with local fiat currency.
TransFi is a Lithuania-based fintech startup with operations spanning over 70 countries. It supports hundreds of payment methods, including fiat and crypto settlements.
Pi Network disclosed the news on its official X account. It explained the initiative has become possible thanks to the integration of an Onramper on Pi Wallet: āa third-party, KYB-verified on-ramp aggregator that simplifies on-ramp services for Pioneers.ā
The team clarified that users can access the feature through the Pi Wallet, where they can choose from different services and utilize the one they prefer.