Full information about the Pi Network KYC verification. **Pi Network** is currently one of most anticipated project today in the virtual world. As the developers of the project provides a great transparency, this project would likely to succeed to launch another economic changer crypto currency.
In this article I will share everything about KYC, why is it needed and what you need to complete it. The reason I am sharing about this is because I have known Pi Network for almost 3 months and I have seen a lot of people especially the newbie in crypto currency asking what is KYC and so on. So I made this article so everyone can have the answers in their hand and no more confusions about it anymore. So, let's start. **What is KYC?**
https://www.google.com/search?q=KYC&client=ms-android-xiaomi-rev1&tbm=isch&prmd=nmiv&sxsrf=ALeKk01g-eMpayHfZPM6dFYFjGxy7ixsAA:1603014115417&source=lnms&sa=X&ved=0ahUKEwiL-az37L3sAhVJFqYKHUFODtcQ_AUIFigD&biw=360&bih=560&dpr=2#imgrc=Iti45ZSDjdiCZM It stands for **Know-Your-Costumer** and it is a requirement in most countries when it comes to financial instruments like when you open a bank account and the bank need to do a KYC process to verify your identity and this will also applies to any trading platforms, bank accounts and a lot of other things in your daily life. So simply put, it's an acronym for Know-Your-Costumer. **How does KYC works within the Pi Network?** Pi Network itself doesn't do this process but they are currently relying on the third party application called **YOTI**.
So instead of Pi Network asking you to send to them your passport, they basically used it for party verification so you will need to download the YOTI application and follow the process to provide your identity. *You can download the app directly to Google Playstore here* : https://play.google.com/store/apps/details?id=com.yoti.mobile.android.live This will mean that you will need to upload a passport but don't worry if you don't have it because you will still be able to be verified in **YOTI** with your National ID. And even if that won't work, Pi Developers will find another way for you to verify your identity. **What to do next?** And once you set-up your YOTI App, you can't initiate a KYC process by yourself because currently Pi Network has a couple of verification slots and randomly assigns them to users so eventually you will see a pop up in the Pi Network Application that tells that you are now chosen and can now complete the process and you just have to follow along. **After completion** When you have completed the process all you have to do next is to open your Pi Network app and find the verification through Facebook or mobile number. You can be verified once automatically if you verify with Facebook and if you use mobile number verification you will still need to be verified through Facebook. **Summary** To sum things up; the **KYC** in the Pi Network just stands for **Know-Your-Costumer** and it's a way to comply with legal regulations to actually verify the identity of a costumer or a user. Currently, you can only use the **YOTI App** to verify your identity and only when you have been asked by the Pi Network application to proceed with the KYC process. You cannot proceed to the process on your own because you need for it to show up. And if you cannot verify your identity with YOTI all you have to do is wait because Pi Developers will eventually introduce alternative methods to complete that process. If you are new and want to participate in the Pi Network project, you can download the Pi Network application on Google play here: https://play.google.com/store/apps/details?id=com.blockchainvault I will not be putting my referral code as it is against the regulation of @TheRandomRewarder and @Read.Cash . You can ask in other social media platforms for a referral code and start the Pi Network application. *Image source:* **KYC** - https://www.google.com/search?q=KYC&client=ms-android-xiaomi-rev1&tbm=isch&prmd=nmiv&sxsrf=ALeKk01g-eMpayHfZPM6dFYFjGxy7ixsAA:1603014115417&source=lnms&sa=X&ved=0ahUKEwiL-az37L3sAhVJFqYKHUFODtcQ_AUIFigD&biw=360&bih=560&dpr=2#imgrc=Iti45ZSDjdiCZM *Other images used in this article belong to mine personally*.
26 comments
No way, naka complete kanaba jan? May ganyan ako, nagmamine pa ng kanya bat naman ang arteee 🤧 ph lang id ko ee bat ganonnn
Not yet. Wala pa akong government ID eh. Hinihintay ko pa alternative way nila sa pagverify.
Nyayyyy, okayy wait wait nalang us
Bigyan mo ng focus ang Pi. Malaking pera yan for sure 😊
Sana nga lagi nga naka on, kaso 100 plus palang ako, sayo?
Sa dalawang phone ko naka 600+ nako. Kahit 1$ lang sana to ok na 😂
Wahh, ambilis sana all, haha
Haha gamit kadin ibang device
Pwd ba un, pano sa kyc, same id gagamitin
Pwede mo naman gamitin ID ng parents mo.
Ehhh, hassle. Tama na isa. Di kasi ako cheater
Char, hahaha
Thanks @TheRandomRewarder 😊
I have this already.....maybe 8 months but i didnt make KYC yet
Well maybe it would still good to do kyc after the coin will launch.
I'm a member of Pi..but I didn't settle for KYC
You can still do it anytime you want.
Thank you @TheRandomRewarder 😊
Hirap imina ito, 0.29per hour
Hindi naman. Iopen mo lang everyday tapos on mo tapos pwede mo na iwan.
100 palang sakin haha, swerte ng maagang nagmina
Patuloy mo lang yan par. Malaki potential nyan.
Really need to download two apps for Pi? 😅
Well it's a must 😂
My affiliates haven't verified their phone number and I don't know how to contact them. will I still be able to withdraw?
My girlfriend is mining too