Pi Network introduces unique verification for underage crypto enthusiasts

November 26, 2023 05:38 AM PST | By Invezz
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Smart contracts platform Pi Network shows its dedication to ensuring a secure environment for cryptocurrency traders and investors. The platform has revealed that it is creating a unique verification process for kids aged between 4 and 17 to interact with the digital assets marketplace.

Young individuals looking to enter the crypto world will undergo a KYC procedure and approval from guardians or parents.

Understanding Pi Network

Pi Network is a crypto and developer mobile application that allows smartphone users to mint Pi tokens. If you have never found a “too good to be true” crypto project, this dapp could surprise you.

It welcomes enthusiasts from all walks of life as it allows investors to begin their journey without equipment and start-up costs. Pi Network, combining multi-level marketing, mobile app, and crypto, has attracted a massive community of over 33M users due to its uniqueness.

Unlike cryptos such as Bitcoin and Ethereum, which require enormous energy to mint, Pi Network allows people to mine PI coins without draining a smartphone’s battery.

That reduces environmental effects while presenting an accessible platform for developers to offer real-world utilities and products as they receive PI coins as incentives.

PI price today

Pi Network’s native coin PI traded with a recovery stance during this publication. The altcoin gained 3.08% in the previous 24 hours to trade at $35.24. Meanwhile, it seems ready to extend its uptrends above $36.5.

PI 1D Chart on Coinmarketcap

PI will likely maintain uptrends in the upcoming session, and efforts from developers position the token for long-term growth.

Besides its accessibility as a mobile app, welcoming people aged four years and above while focusing on investor security will likely attract many players to Pi Network.

Such developments could magnify activity on the network, increasing liquidity while bolstering Pi coin’s long-term price surge.

The post Pi Network introduces unique verification for underage crypto enthusiasts appeared first on Invezz


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