2025 Latest Complete Guide | What is Pi coin? Can mining be done with a mobile phone? Mainnet launch, KYC, and trading fully analyzed
Introduction
Have you ever heard of ‘Pi coin’? This is a cryptocurrency that claims to be able to mine for free using a mobile phone, attracting over 45 million users worldwide. Pi Network does not require expensive mining machines or consume a large amount of electricity. As long as you open the app and click it every day, you can participate in mining. But is this coin real or fake? When will the mainnet go live? Can it be traded? This article will provide a complete analysis of the operation, KYC verification, trading methods, and risks of Pi coin, helping you judge whether it is worth participating.
Trade Pi Now
PI Token: Introduction to decentralized mobile mining cryptocurrency
What is Pi coin? Origin and Vision
Pi Network is a decentralized cryptocurrency project launched by a team of Stanford University PhDs in 2019, aiming to allow the public to easily participate in mining through mobile phones without the need for high technical or hardware thresholds. It adopts Stellar The Stellar Consensus Protocol (SCP) achieves low-energy validation.
Founder Nicolas Kokkalis said that the vision of Pi Network is to create a user-driven decentralized eco that will support dApps, payments, and identity verification in the future.
Learn more:
PI Token: Decentralized Cryptocurrency with Free Mobile Mining
How to mine Pi coin? From the App to daily clicks
The process of mining Pi coin is very simple: download the Pi Network App, register an account and fill in the invitation code, then click the lightning button daily to start a 24-hour mining cycle. Mining speed is influenced by the “security circle” and the number of invitees.
This lightweight ‘mobile mining’ approach makes Pi one of the popular cryptocurrencies.
Further reading:
How does Pi Network revolutionize digital currency mining through mobile phones?
What is KYC verification? Process and Risks
In Pi Network, KYC (Know Your Customer) is used to ensure the authenticity of each user’s identity, to prevent abuse of resources by bots or duplicate accounts.
The basic process is as follows:
Login Pi Browser App
Enter the KYC page and fill in personal information
Upload ID documents and undergo facial recognition
Waiting for review, usually takes hours to days
Common risks include:
Unauthorized apps or phishing websites steal data
Verification failed (such as blurry documents, mismatched information)
Scammers impersonate officials to collect KYC fees (Pi KYC is completely free)
Pi coin Mainnet launch and latest developments
Mainnet Timeline:
| Time | Development node |
|---|---|
| End of 2021 | Mainnet Launch (Closed Testing) |
| 2023 year | Pi Browser Mall test online |
| 2024 middle year | Drive KYC integration with wallets |
| 2025 | Expected opening of trading function |
Further reading:
Is the Pi market taking shape?
Trading Methods and Platform
Trading Guide:
How to sell Pi coin? Complete operation tutorial
How to transfer Pi coin to Gate
Step by step teaching
What is the value of Pi coin? Price predictions and market outlook
Estimated price range and premise:
| Estimated price | Condition Deion |
|---|---|
| Less than 1 US dollar | Slow progress, user loss |
| 1~5 US dollars | High KYC completion rate, supported by the mall |
| Over 10 dollars | Listed on mainstream exchanges, active users worldwide |
Pi holders have high hopes for its future payment utility.
Real-time quote:
Is mobile mining safe? Common risk analysis
Although the threshold for mobile mining is low, it also hides many risks:
Fake App deceives user information
Counterfeit official KYC processing fees
P2P buying and selling fraud is rampant
Phishing websites steal accounts
It is recommended to only use the official platform and not provide information to unofficial services.
What is the use of Pi coin? Eco Applications
The current eco includes:
Pi Mall can be used to purchase goods with Pi
Pi Chat Community Chat Platform
dApps applications (games, surveys) in Pi Browser
NFT and Web3 Test Project (Under Development)
Frequently Asked Questions FAQ
How much Pi coin can be mined in a day?
Depending on the user’s level, security circle, and team activity, you can mine about 1-5 Pi per day.
How to mine Pi coins faster?
Invite friends to increase speed
Build a trusted security circle
Start mining on the app at the same time every day
Apply to contribute computing power as a node
Conclusion: Should you mine Pi coin?
Due to the low threshold and active community, it is a low-risk way for users who are patient and willing to try emerging technologies to participate.
If you want to deepen your understanding of the Pi eco and trading process, please visit:
Risk Warning: The cryptocurrency market is highly volatile, and the value of Pi token may fluctuate significantly due to various factors. Investors should carefully assess the risks.
