The latest Pi Network feature enables users to seamlessly sync their KYC status across PiApp and PiBrowser.
As the Pi Network community eagerly awaits the upcoming Pi2Day events, the platform unveiled an innovative update to its Know Your Customer (KYC) process.
The introduction of a new sync feature addresses a key pain point, setting the stage for a more robust and user-friendly experience.
PI Network Launches New KYC Feature
Ahead of the highly anticipated Pi2Day on June 28, the Pi Network has introduced a new KYC feature, effectively solving the age-old data synchronization problem.
As highlighted by a community member via X Post, the new feature "allows Pioneers to sync their KYC status between PiApp and PiBrowser."
Notably, the new KYC feature is accessible through a dedicated 'Synchronize Status on Mining App' button. User wrote on X,
If your KYC status in the KYC App shows as “KYC Passed” But your Mining App doesn’t reflect it, use this button to sync the status. It Benefits so many users to complete KYC if any synchronisation issues.
Reportedly, this new feature effectively resolves issues like endless migration status loops and 'provisional approval' status. Approval status indicates that review is in progress and additional verification is required for final approval.
The Pi network is facing migration chaos.
Interestingly, the KYC update comes at an important time, as the platform navigates its recent migration issues ahead of Pi2Day.
The platform is facing many issues, including stuck KYC verification, cracked 2FA emails, and missing wallet balances. Additionally, many users were experiencing endless loops and temporary approval situations, adding to the frustration.
Other technical issues include:
Two-Factor Authentication (2FA)
In particular, the introduction of two-factor authentication (2FA) further complicated the issues. Many users reported not receiving confirmation emails or encountering error messages when trying to verify their accounts.
Wallet Balance Discrepancies
Some users who have successfully navigated the process are experiencing a surprising issue: their wallet balances are showing zero.
Some are seeing their coins disappear briefly before they disappear, while others are seeing their unlocked tokens disappear without ever reaching their mainnet wallet.
Bugs and Delays
Users also complained about bugs and delays, which added to frustration and disrupted the transfer process.
The Pi2Day countdown begins and anticipation builds.
Notably, the migration frenzy and KYC feature update coincides with the growing buzz around the upcoming Pi2Day.
The day, celebrated on June 28, is a commemoration for the Pi Network cryptocurrency community, also known as Pi Day 2.
According to Pi Network, this event coincides with the end of Q2 and promises to be a time of community engagement, updates, and excitement for the future of the project.
Pi Coin is coming under intense selling pressure as exchange deposits increase. Despite the growing anticipation of the day, Pi Coin (PI) is currently in the red zone.
As of press time, the value of Pi Coin is $0.5370, down 2.90%. However, the token's trading volume has increased slightly by 5%, currently standing at $93.59 million.
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