Exciting News! Pi Network Officially Collaborates with Banxa, Buying a Pi is Easier Without an Intermediary

Pi Network Partners with Banxa in Major Step Toward Crypto Adoption

In a significant move aimed at expanding accessibility and global adoption, Pi Network has officially partnered with Banxa, a leading fiat-to-crypto payment gateway. This collaboration is set to transform how users engage with Pi Coin by allowing direct fiat purchases—bypassing traditional cryptocurrency exchanges and the use of stablecoins.

Seamless Access to Pi Through Banxa

Banxa, a trusted platform that bridges fiat and digital assets, will now enable users to buy Pi Coin directly using conventional payment methods such as credit cards, Google Pay, and Apple Pay. Through this integration, individuals can create new Pi wallets and complete their Know Your Customer (KYC) verification through Banxa, granting them immediate access to Pi's mainnet functionality.

For many, this is a long-awaited development. One of the main barriers to fully participating in the Pi ecosystem has been the absence of a verified mainnet wallet. With Banxa stepping in, users can now secure their wallets without waiting for action from the Pi Core Team.

Dual KYC Requirements: A Layered Security Approach

While Banxa facilitates wallet creation and fiat onboarding, users must still complete Pi Network’s own KYC process to be eligible for mining rewards. This layered verification model ensures both compliance with financial regulations and the integrity of the Pi ecosystem.

The requirement of a second KYC process—managed directly by Pi Network—reflects the project’s commitment to decentralization, identity verification, and ecosystem security. It also underlines that control over access and reward distribution remains firmly in the hands of the Pi Core Team.

Bridging Traditional Finance with Web3

Perhaps the most noteworthy aspect of this partnership is its potential to merge traditional finance with blockchain utility. By allowing users to link their Pi accounts with widely-used payment services like Visa, Apple Pay, and Google Pay, the barriers between Web2 and Web3 are becoming increasingly blurred.

This level of interoperability is a critical milestone in Pi Network’s vision of making cryptocurrency accessible to the masses, especially those who are unfamiliar with complicated exchange mechanisms or blockchain technologies.

Expanding the Ecosystem and Enabling Real Utility

The collaboration comes at a time when Pi Network is rapidly building out its ecosystem, with applications, developers, and merchants all preparing for the transition to Open Mainnet. The ability for users to onboard themselves independently—without waiting for manual intervention or centralized processes—is expected to dramatically increase participation and utility.

Critics have long questioned the usability and readiness of Pi Network. This move may serve as a rebuttal to such concerns, showing that real-world application and infrastructure are actively being deployed.

What This Means for the Future of Pi

For the millions of users who have been mining Pi for years, this partnership brings renewed optimism. With the ability to seamlessly create wallets, pass KYC, and purchase Pi using fiat, individuals now have a direct path into the Pi economy.

The move also sets a precedent in the crypto space, showing that alternative on-ramping models—outside of traditional centralized exchanges—can be viable and effective.

Whether this signals the beginning of a broader global rollout remains to be seen. But one thing is clear: Pi Network is taking bold steps toward making its vision of a user-friendly, decentralized digital economy a reality.

As the blockchain space matures and seeks greater adoption, partnerships like this may well define the next phase of crypto evolution—not just in terms of technology, but in building practical bridges for everyday users.

📢 HOT NEWS 🔥
Too great Pi officially cooperates with Banxa. The fiat to crypto platform Banxa allows users to buy Pi with fiat without going through intermediaries such as exchanges and without going through stabcoins. Users who create new wallets can KYC by Banxa to get a… pic.twitter.com/lr2RYKEBlg

— Pi Network VietNames (@PiNetworkVNes) April 4, 2025

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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