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BANXA Receives Pi Network’s Approval to Sell Pi Coin Worldwide — A Bullish Signal?

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BANXA Receives Pi Network’s Approval to Sell Pi Coin Worldwide — A Bullish Signal?

Jakarta, Pintu News – Pi Network recently granted Know Your Business (KYB) approval to BANXA, a popular crypto on-ramp platform.

With this approval, BANXA can now offer direct purchase of Pi (PI) cryptocurrency using cash in more than 100 countries.

This move is considered a major advancement for Pi Network in expanding accessibility and security in crypto transactions.

Check out the full information here!

KYB Process by Pi Network

KYB approval is very important as it shows that a business conducts proper identity and compliance checks. It is similar to the Know Your Customer (KYC) verification that individuals must go through.

Only businesses that get KYB approval can legally trade and manage Pi. On the other hand, individuals who wish to trade Pi through peer-to-peer (P2P) methods must be KYC approved and use non-custodial wallets. This ensures all transactions are secure and protects users from fraud.

By implementing KYC for users and KYB for businesses, Pi Network builds trust from the start. This approach is thought to make Pi more attractive to institutions and serious investors. It is also a bold move in a crypto industry that is still struggling with fraud and regulatory issues.

Read also: Ethereum Price Prediction May 2025: Will May Be ETH’s Glory Month?

Pi Coin Accessibility and Security

With KYB’s approval, users can now buy Pi Coin (PI) directly and securely. This is very helpful, especially for users who are new to crypto or who do not use P2P methods.

Pi Network has focused on building trust since its inception by tightening security and regulation. Other major platforms such as BitMart and HTX are also expected to receive KYB approval in the near future, possibly within the next 10 days.

If this happens, Pi could be listed and traded more widely, opening the door for faster adoption globally. This momentum will likely be a hot topic at the upcoming Consensus 2025 Summit.

With a secure and verified ecosystem and a growing global reach, Pi Network is positioning itself as a major player in the future of digital currencies.

Read also: 10 Gram Gold Price Today May 5, 2025, Up or Down?

Market and Future Prospects of Pi Coin

Currently, Pi Coin (PI) is trading around $0.5865, reflecting an increase of 1.33% over the past 24 hours, with a market capitalization of approximately $4.13 billion. The 24-hour trading volume has surged by more than 32%, reaching $39.48 million.

With global expansion and a verified system, Pi Network has great potential for further growth. The trust built through KYB and KYC processes attracts more investors and users, which in turn can increase the value and adoption of Pi Coin.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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