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faq - Pi Network Nigeria
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faq
What is Pi Network?
Pi Network is a decentralized cryptocurrency project that allows users to mine Pi tokens using their smartphones without consuming significant energy.
How do I start mining Pi?
Download the Pi Network app, create an account, and press the lightning button daily to start mining.
What is the Pi Wallet?
The Pi Wallet is a secure digital wallet for storing, sending, and receiving Pi tokens. It’s accessible through the Pi app.
Can I use Pi to make purchases?
Yes, you can use Pi to make purchases on platforms and with businesses that accept Pi payments.
How can my business accept Pi payments?
Integrate the Pi Wallet API or use the Pi app to accept payments manually. Contact us for guidance.
What is the Pi Network Mainnet?
The mainnet is Pi’s fully decentralized blockchain, enabling token transactions and exchanges once launched.
What is KYC, and why is it important?
KYC (Know Your Customer) verifies user identity, ensuring that Pi tokens are migrated to the mainnet securely.
When will Pi be listed on exchanges?
Pi will be listed on exchanges after the mainnet launch, allowing users to trade Pi for other currencies.
Is Pi free to use?
Yes, Pi is free to mine and requires no special hardware—just a smartphone and the Pi app.
How is Pi different from other cryptocurrencies?
Pi is energy-efficient, accessible via smartphones, and focuses on building a decentralized network for everyday users.
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