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Market News

Pi Network Extends Grace Period KYC Deadline to December 31

However, both deadlines must be met to avoid losing most of the previously mined Pi.

Written By:
Dishita Malvania

Reviewed By:
Gopal Solanky

Last updated: November 29, 2024 1:58 PM
Published 2024-11-29
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Last updated: November 29, 2024 1:58 PM
Published 2024-11-29
Pi Network Extends Grace Period Deadline to December 31

Pi Network has extended the Grace period deadline for KYC submission from November 30, 2024, to December 31, 2024. This change aligns the KYC deadline with the Mainnet migration deadline, giving Pioneers more time to secure their Pi while preserving the 6-month Grace Period framework. 

The extension ensures no Pioneer forfeits their Mobile Balance due to delayed KYC submission. However, both deadlines must be met to avoid losing most of the previously mined Pi. 

Pi network Twitter
Source: X

Completing the Mainnet Checklist and migrating before December 31, 2024, remains critical for preserving your Pi balance.

The decision underscores Pi Network’s commitment to inclusivity and fairness. It provides Pioneers ample time to complete KYC and transition smoothly to Mainnet without altering the overall timeline for the Grace Period.

The extension also addresses special cases, ensuring the process is accessible to as many users as possible without disrupting Pi Network’s Open Network goals.

Pioneers are urged to act promptly and submit KYC applications before the deadline to avoid last-minute issues. Encourage your Referral Team and Security Circle to follow suit. 

With the Open Network transition planned for 2024, meeting these deadlines is crucial for the community’s progress.

Also Read: Key Discussions on Pi Network’s Future at Daegu Meeting

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
Follow:
Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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