PI Network has expanded its Know Your Business (KYB) verified entities by adding OnRamper and Onramp.money. These integrations enable users to buy and sell Pi Coin (PI) directly using local fiat currencies, enhancing the network’s accessibility and adoption.
Two New Additions to PI Network’s KYB List
The latest integrations bring the total number of verified businesses connected to PI Mainnet to eight. The official KYB list now includes OnRamper and Onramp.money alongside established names like OKX, Bitget, Banxa, Gate.io, Mexc, and Pionex.
Notably, the inclusion of Onramp.money is particularly significant for the network. As a global fiat-to-crypto platform, Onramp.money allows individuals and businesses to trade over 400 digital assets. It operates in 60+ countries, including India, Turkey, the U.S., and Brazil, supporting local payment methods like UPI (India) and VietQR (Vietnam).
While Pi Coin is available for purchase in 25+ currencies on Onramp.money, USD transactions are currently unsupported.
🔥 "Indians can now buy $PI coins using INR via IMPS or UPI!"
– Mahidhar Crypto (@mahidhar_crypto)
Pioneers have hailed this integration as a milestone for PI’s ecosystem, citing improved accessibility and security for new users.
Recent Developments Amid Price Struggles
PI Network has rolled out several upgrades ahead of PI2DAY, including:
- Synchronized KYC data between PI Browser and the Main Pi App.
- Updates to PI Desktop (formerly PI Node) with Docker compatibility enhancements.
- Full account management features in PI Browser.
- Launch of Pi App Studio and Ecosystem Directory Staking.
👉 Explore PI Network’s latest integrations
Despite these advancements, PI’s market performance remains lackluster. After a brief 15.8% surge last week, the token has dipped 4.3% in the past 24 hours, trading at $0.51 with declining volume (-4.9%). This suggests waning trader interest despite positive news.
Market Sentiment and Future Catalysts
The network’s recent announcements haven’t yet shifted market sentiment decisively. Investors may be awaiting stronger catalysts, such as broader exchange listings or utility expansions, to drive sustained price growth.
FAQ Section
1. Can I buy PI with USD?
Currently, PI cannot be purchased in USD via Onramp.money, but 25+ other currencies are supported.
2. What makes Onramp.money’s integration significant?
It enables local fiat purchases in 60+ countries, boosting PI’s global accessibility.
3. Why is PI’s price falling despite good news?
Short-term volatility and unmet expectations for larger catalysts may be contributing factors.
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Disclaimer: This content is for informational purposes only. Verify facts independently before making financial decisions.