- Pi Network users face a critical March 14 KYC deadline, risking unverified coins as technical issues and market uncertainty grow.
- Pi’s price decline and Binance listing uncertainty add to user frustration, with the community hoping for a breakthrough amid growing challenges.
The clock is ticking for Pi Network users as the deadline for completing the Know Your Customer (KYC) verification and main network migration approaches. With only a few days remaining until March 14, 2025, many users are struggling to meet the requirements.
Reminder: The Grace Period requires both KYC and Mainnet migration to be completed by 8:00am UTC on March 14, 2025, to avoid forfeiting most of your Pi other than Pi mined within the rolling window of the last 6 months before your Pi is migrated. Learn more…
— Pi Network (@PiCoreTeam) March 10, 2025
If they fail to do so, they risk losing access to their collected tokens. This situation has raised concern among the community, as technical issues, a drop in Pi’s price, and uncertainty about future listings are creating increased pressure.
Pi Network’s core team has set the final KYC deadline for March 14, 2025, at 8:00 AM UTC. After multiple extensions to the release period, this final deadline draws closer, leaving thousands of users scrambling to complete the verification process. The deadline ensures that only verified users remain in the network as the team works toward eliminating unverified mobile balances.
With the deadline approaching fast, Pi Network users who have not yet completed their verification process face tough decisions. If the KYC is not successfully completed by March 14, any unverified coins will be voided, with only coins mined within the last six months remaining safe. This has created anxiety within the community as users rush to resolve technical issues to safeguard their holdings.
However, many Pi Network users have reported technical difficulties that prevent them from completing the necessary steps. Jaro Giesbrecht, a verified Pi Network user, expressed his frustration on public forums, stating that he has been unable to migrate his coins despite completing the network checklist. His experience mirrors that of many others who have encountered similar challenges.
I have completed the mainnet checklist. I have been waiting weeks to migrate to mainnet. I have tried everything to solve this problem. The Pi network has done nothing to help solve this problem. It is a very common problem. Pi has done nothing to help fix this and other…
— Jaro Giesbrecht (@JaroGiesbrecht) March 10, 2025
Pi Network’s team has acknowledged the widespread technical issues but maintains that the deadline will remain unchanged. They emphasized that the deadline had already been extended multiple times and is crucial for the network’s long-term stability.
A price drop has added to the Pi Network’s troubles. Over the past day, the cryptocurrency’s value has fallen by 0.95%, trading at $1.35. While the market capitalization remains high at approximately $9.95 billion, the price decrease indicates growing uncertainty among users. Despite an increase in trading volume of 13.85% in the past 24 hours, market sentiment remains largely negative.
Binance Listing Uncertainty and Community Frustration
Adding to the issues, as reported by ETHNews, Pi Network users face continued doubt surrounding a possible listing on Binance. While a community vote in February strongly supported the idea of listing Pi on the exchange, Binance has yet to confirm any plans for such a listing. This silence has fueled speculation and frustration among Pi holders who hope a listing could drive value for their coins.
Binance’s new community-driven listing mode has sparked rumors that Pi could be added to the exchange. However, until there is an official announcement, these remain just speculations.