PiChain Global, a key player in the Pi Network ecosystem, has recently released a significant update to its non-custodial Web3 wallet, PCM Wallet.
On March 27, 2025, PiChain Global announced this update in a post on X, detailing several key features. The update aims to enhance user experience and streamline cryptocurrency transactions within the Pi Network ecosystem.
The app has been redeveloped using Flutter, a cross-platform framework, to provide a smoother and more responsive user interface. ​
Another feature is the introduction of muxed accounts, allowing users to have unique Pi deposit addresses and facilitating more efficient management of Pi balances within the wallet.
A new Trading Account feature enables seamless deposits and withdrawals of Pi. To ensure stability during the initial launch, a daily transfer and withdrawal limit of 200 Pi has been set. PiChain Global has indicated that this cap is temporary and will be increased soon to meet user demand.
To assist users in navigating these new features, PiChain Global has released a tutorial video providing a step-by-step guide on transferring, depositing, and withdrawing Pi using the updated app. ​
The PCM Wallet serves as a secure, non-custodial Web3 wallet and acts as a gateway to the expanding range of products and services within the PiChain Global ecosystem. ​
Regarding the Know Your Business (KYB) verification, PiChain Global has completed the document review stage and is awaiting final endorsement from the Pi Core Team to become a fully verified business within the Pi Network ecosystem. ​
The Pi Network community has shown enthusiasm for the PCM Wallet update, appreciating the enhanced features and improved user experience. However, some users have expressed concerns about the KYB verification process, highlighting the importance of business legitimacy within the ecosystem. ​
Also Read: Pi Network Released 2FA For Additional Wallet Security
