Blockchain News

Pi Chain Mall Crosses 4.5 Million in Total Transactions

The innovative Pi Withdrawal function has contributed to its increased awareness in the industry.

Huge Interest on Pi Network 

Pi Chain Mall's (PCM) Pi withdrawal function has been a game-changing innovation in the Pi ecosystem. The e-commerce platform now boasts over 4.5 million Pi transactions by Pioneers. 

The top Pi Network platform shared details about the notable milestone on Twitter, urging Pioneers to join its growing platform and trade products easily. 

Most recently, BSC News reported the product's massive adoption after recording over 360K withdrawals since the relaunch. The innovation, which allows traders to withdraw real Pi coins, has contributed to the protocol's increased adoption in the Decentralized Finance (DeFi) space. 

Pioneers can explore the protocol's unique ecosystem by visiting pipcm.com on the Pi Browser application. 

What is Pi Network?

Pi Network is a mobile mining blockchain with an application that lets people earn Pi coins by doing simple tasks on their phones. However, the project remains in its development stage with delivery of an open mainnet still a matter of speculation, with no launch date confirmed. 

With this in mind, the protocol remains in its testnet stage and will apparently go live when many users (Pioneers) complete the mandatory KYC procedure while the core team works on developing its ecosystem.

Pi Network is also reported to be under investigation by authorities in Vietnam and users should exercise a high degree of caution when interacting with the project and ensure they have conducted sufficient research before doing so.

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