Pi Network: Pi Coin Migration Before January 31, 2025!

Bittime - Pi Network reminds users or commonly referred to as Pioneers to immediately migrate Pi Coin to the Pi Network mainnet. 

This Pi Coin migration is very important so as not to lose the Pi coins that have been collected through mining contributions. Read this article to find out more!

Pi Coin Migration Deadline 

Pi Network announced that the Pi Coin migration deadline is January 31, 2025. This migration will impact the launch of Pi Network's open mainnet. 

Success level of this migration results should reach approximately 15 million users who have completed KYC (Know Your Customer) verification.

Therefore, Pi Network addedn countdown timer withas a reminder to ensure users are aware of the deadline. 

Read Also: Tutorial on Using the Pi Network Mainnet!

Pi Coin Migration Purpose

This Pi Coin migration is a strategy to increase user participation and engagement. Pi Network wants to encourage community members to invite new members and ensure their referral team is active. 

That way, mining rates can increase and Pi Coin adoption becomes more widespread. this migration to the Pi Network mainnet is also a network transition process to optimize utility. 

By completing the Pi Coin migration, Pioneers can use Pi Coin for a variety of purposes, including trading, transfers, and use within the Pi Network ecosystem.

Pi Coin Migration: Risk of Losing Bonuses

Pi Network expressly warns that users who do not migrate risk losing their Pi coin bonuses. This bonus comes from mining contributions made by each user's referral team.

So, for you Pioneers, you must immediately complete the Pi Coin migration before January 31 2025 to avoid losses. 

Read Also: Pi Network Price Prediction 2025 After Mainnet Launch!

Pi Network FAQs

What is Pi Network?

Pi Network is a crypto project that allows users to mine tokens directly from their mobile phones. The project is designed to be user-friendly and energy efficient compared to traditional mining methods such as Bitcoin.

How Does Pi Network Work?

Pi Network uses a consensus model based on the Stellar Consensus Protocol (SCP) so users only need to open the application every day to mine. This activity does not drain the battery or device resources.

Is Mining Pi Network Tokens Free?

Yes, mining Pi Network tokens on the Pi Network app is completely free. However, users need to be active every 24 hours to press the "mine" button and maintain active membership in the network.

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Reference

Coin Gabbar, Pi Coin Network: Final Reminder For Its Pioneers, accessed January 15, 2025.

Author: IPR