Pi Network: Pi Coin Migration and How to Avoid Scams

Bittime - Pi Network has become one of the cryptocurrency projects that has attracted the attention of many users, with more than 100 million app downloads. Currently, the project is in the process of migrating Pi coin to mainnet, which requires the participation of 15 million users before the January 31, 2025 deadline. 

However, with its increasing popularity comes the risk of fraud targeting the Pi community. This article will discuss the steps you need to take to complete the migration and how to avoid scams.

The Importance of Pi Coin Migration

To be able to participate in the migration to mainnet, users must complete the Know Your Customer (KYC) process and perform a liveness check. Users also need to sign a Pi Network token acknowledgment to get approval. To date, Pi Network has successfully migrated 9 million Pi coins to mainnet, showing significant progress.

However, some users reported difficulties in this process. The Pi Network team recommends that users perform an additional liveness check with clear and bright video. Additionally, it is important for users to secure their accounts according to the mainnet migration checklist, including checking the application and following the necessary steps to receive final KYC results.

Tips for Pi Network Users

Here are some steps Pi Network users should take:

1. Complete the Liveness Check: When prompted in a mining application, perform a liveness check and do not close the pop-up. Sign the token acknowledgment even if you are still waiting for KYC results, as this is required for migration to mainnet.

2. Secure Your Account: Make sure to follow all the necessary steps in the mainnet migration checklist. This includes checking the application and taking necessary steps when prompted.

3. Preparing for Migration: Prepare all necessary documents and information for migration as quickly as possible.

Read too How to Cash Out Pi Coin? This is the Answer!

How to Avoid Scams with Pi Network

With the Pi Network's popularity continuing to increase, fraud is also a real threat to users. Here are some tips to avoid scams:

1. Trust Official Sources: Only trust information shared through official Pi Network channels. The development team has created a special security page that lists verified sources and URLs.

2. Use the Official Pi Browser: Access your Pi wallet only through the designated Pi Browser. Make sure you are on the correct Pi wallet, not the fake one. The original Pi Wallet can be recognized by the purple color in the Pi Browser navigation bar and the core team logo.

3. Beware of Fraud: With more than 1.3 million Pi Network users in South Korea, the project is very popular in Asia, including in India, Vietnam, China and Japan. Scammers often take advantage of this popularity to defraud users.

Read too Pi Network Mainnet Launch and PI Coin Price Prediction

Conclusion

Pi coin migration to mainnet is an important step for Pi Network users to ensure security and access to their assets. By following the proper steps and avoiding fraud, users can safely participate in the Pi ecosystem. Make sure to always rely on information from official channels and use designated tools to protect your assets.

Read too Pi Network Mainnet Launch, Here's the Impact on $PI Tokens!

FAQ

What is Pi coin migration?

Answer: Pi coin migration is the process of moving Pi coins from legacy network to mainnet, which requires users to complete KYC and liveness checks.

Why do I need to complete a liveness check?

Answer: Liveness checks are required to ensure user identity and account security before migration to mainnet.

How to avoid fraud on Pi Network?

Answer: Avoid fraud by only trusting information from official Pi Network channels and using the official Pi Browser to access your wallet.

What should I do if I experience difficulties during migration?

Answer: If you experience difficulties, make sure to follow all the steps in the migration checklist and contact official Pi Network support for further assistance.

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Reference

Surbhi Jain, Pi Coin Network Tips: Mainnet Migration, Avoid Scammers, Accessed January 14, 2025

Author: IN