Pi Network Announces Open Network Launch 2025
On February 12, Pi Network officially announced that its Open Network will launch at 8:00 AM UTC on February 20, 2025. This milestone has generated excitement among Pi coin (PI) enthusiasts, as it marks a significant step forward for the project. While the PI token is not yet officially listed on Bitget, it is expected to be available for trading soon.
Pi Network Overview
Pi Network is a cryptocurrency initiative designed to make mining accessible through a mobile app, utilizing a cooperative consensus mechanism to validate transactions. Currently, Pi coin holds no real market value, with most trades being speculative. However, this is expected to change with the Open Mainnet launch.
Founded by Stanford researchers Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, Pi Network aims to democratize crypto mining by eliminating the need for expensive hardware. The Pi app was launched on March 14, 2019, and by March 2022, its user base had grown to 33 million.
To mine PI, users register on the app, usually through an invitation, and can earn rewards by pressing a button daily. The network's security is maintained through groups of users vouching for each other’s credibility.
Bitget to List Pi Network (PI) with $60,000 Airdrop Celebration
Bitget has announced that Pi Network (PI) will soon be listed in the Innovation, Web3, and Public Chain Zone. Below are the key listing details:
Deposit Availability: TBD
Trading Availability: February 20, 2025, at 08:00 UTC
Withdrawal Availability: February 21, 2025, at 09:00 UTC
Spot Trading Pair: PI/USDT
Additionally, Bitget is offering a $60,000 airdrop for users who complete specific tasks, giving them a chance to win a share of the prize.
Stay tuned for further updates on the official listing date and details on how to trade PI on Bitget.
Event Details
1. Total Prize : $60,000 in PI, with individual rewards up to approximately $125.
2. Tasks & Rewards:
KYC: Complete KYC1 to earn up to 3 USDT (2000 winners).
Deposit: Earn rewards ranging from 3 to 30 USDT based on deposit amounts, with varying winner limits.
Trading: Rewards for reaching trading volumes from 100 USDT to 3,000,000 USDT, with different prize tiers.
Note: Rewards will be given after PI's listing based on the average price. It's first come, first served, so act quickly!
Additionally, joining the South Asia Telegram during the event can earn newcomers up to 5 USDT. Don’t miss this chance to boost your PI investments by depositing an
The roadmap of the Pi Network, as outlined in its official white paper, consists of three phases. Phase 1 focuses on design, distribution, and bootstrapping the Trust Graph, emphasizing user experience enhancements, with coin minting migrating to users after the live net launch. Phase 2 involves a testnet where node software is deployed alongside the existing Trust Graph, utilizing a testing version of the Pi coin while running concurrently with the Pi emulator. Finally, Phase 3 marks the mainnet launch, where only validated accounts of real individuals will be recognized, leading to the shutdown of the emulator and faucet from Phase 1, enabling the system to operate independently.
Step-by-Step Guide to Completing Your Pi Network KYC
To complete your Pi KYC, first download the Pi Browser app from the iOS App Store or Google Play Store. Access the KYC app by tapping it on the home screen or entering "KYC" in the address bar. Before starting, ensure you have your identification documents ready. Open the KYC app and follow the on-screen instructions to start your application. Upload clear images of your ID documents, ensuring they are readable and only show one person, with information that matches your Pi account details. The results may take less than a day, so watch for notifications regarding your application, as you may need to provide additional documents or appeal decisions for acceptance.
How to Sell Pi Coin on MEXC
To sell your Pi Coin, follow these basic steps:
Step 1: Set Up Your Mexc Account
Ensure you have a Mexc
account. If you don't have one yet, click here to create your account and take advantage of our special gift package! Step 2: Transferring Your Pi Coins to Mexc
To sell your Pi Coin, first open the Pi Browser and access your wallet. Unlock it using your passphrase, then click “Pay/Request” to start the transfer. Copy your Pi deposit address from Mexc and paste it into your Pi Wallet (no memo required). Confirm the transaction and wait for your coins to show up in your exchange account.
Step 3: Trading Your PI Tokens on Mexc
After your PI tokens have been deposited into your MEXC account and you can view your balance, you can begin trading by following these steps: go to the Trade section, look for your desired trading pair (like PI/USDT), and evaluate the PI token prices for trends and liquidity.
Once you're set up, you can start trading and selling your PI: choose between a market order (to sell instantly at the current market price) or a limit order (to sell at your chosen price), then enter the amount of PI you wish to sell. Review the transaction details and click Sell to complete the process. Your PI will be exchanged for the stablecoin or crypto asset in the trading pair, which you can either withdraw or use for additional trading.
Closing Thoughts
In conclusion, the upcoming launch of the Pi Network's Open Mainnet on February 20, 2025, marks an exciting new chapter for Pi coin enthusiasts. As anticipation builds for the official listing on Bitget and the chance to participate in the $60,000 airdrop, now is the perfect time to engage with the community and prepare for what's ahead.
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