The Pi Network has recently broadened its ecosystem by adding two new Know Your Business (KYB)-verified platforms, Onramper and Onramp.money. These additions aim to simplify the process of buying and selling Pi Coin (PI) using local fiat currencies, potentially boosting both accessibility and adoption.
New Additions to the Pi Network KYB List
With these two new entries, the total number of verified businesses integrated into the Pi Mainnet now stands at eight. The updated KYB list includes Onramper and Onramp.money, alongside other well‐known exchanges and service providers.
The inclusion of Onramp.money is particularly significant. It is a global fiat‐to‐crypto platform that supports buying, selling, and swapping for over 400 digital assets. The service is available in more than 60 countries, including India, Turkey, the United States, and Brazil. It also supports a variety of local payment methods, such as UPI and IMPS in India, and VietQR in Vietnam.
Onramp.money has already listed PI Coin for trading, supporting over 25 different currencies—though it is not currently available for direct purchase with US dollars.
Many users from India have confirmed the ability to purchase Pi coins using Indian rupees through UPI and IMPS, marking an important step for local accessibility.
This integration has been celebrated by the Pi community as a major step toward making the cryptocurrency more usable and widely accepted.
Recent Developments in the Pi Ecosystem
This expansion is part of a series of recent updates from the Pi Network development team. Just before Pi2Day, a new feature was introduced to synchronize Know Your Customer (KKYC) data between the Pi Browser and the main mobile application.
The Pi Desktop application, formerly known as Pi Node, also received an upgrade. Improvements include full window resizing support, better Docker compatibility, and the addition of a public key on the troubleshooting page.
Moreover, the Pi Browser now offers full account management capabilities. During Pi2Day, the team also unveiled the Pi App Studio and introduced Ecosystem Directory Staking.
👉 Discover more ecosystem updates
PI Coin Price Performance Amid Positive News
Despite these consistent technical and partnership improvements, the market price of PI has continued to face challenges. Although the token saw a brief recovery last week with a notable single‐day gain, it failed to maintain momentum.
Over the past 24 hours, PI’s value has decreased alongside a decline in trading volume. This trend suggests a reduction in trader interest and market activity.
The absence of a significant price response to recent updates may indicate that the market is awaiting a more substantial catalyst. Whether that will be an upcoming mainnet launch or broader exchange support remains uncertain.
Frequently Asked Questions
What does KYB verification mean for Pi Network?
KYB (Know Your Business) verification ensures that third‐party services operating on the Pi Mainnet comply with regulatory and security standards. This enhances trust and safety for users when transacting or using supported platforms.
Can users in India purchase PI coins with local currency?
Yes. Through Onramp.money, users in India can buy PI using Indian rupees via popular payment methods including UPI and IMPS.
Why hasn’t the PI price increased despite recent developments?
Cryptocurrency prices are influenced by many factors beyond technical upgrades, including market sentiment, liquidity, and broader economic conditions. It is possible that investors are waiting for more significant milestones, such as open mainnet launch.
What is the Pi App Studio?
Pi App Studio is a development environment that allows creators to build and deploy applications within the Pi Network ecosystem, fostering utility and engagement.
How does Pi Network ensure security during transactions?
The network employs a combination of KYB and KYC protocols to validate businesses and users, alongside cryptographic security measures to protect transactions and data.
Are there any restrictions for US-based users?
As of now, PI trading via Onramp.money is not available for US dollars. Users in the United States should check the latest updates regarding supported currencies and regulatory compliance.