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FACT CHECK: How legit is the Pi Debit Card circulating on the social media? Get full review

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It has become a thing of concern regarding the circulation of some video clips containing footages of debit Automated Teller Machine (ATM) Cards as to whether the Pi Network has began assigning debit cards on pi Network wallets.

However, pioneers should not be derailed as there is no official statement from the Core Team concerning the debit cards. It is achievable though, but the time for such utility hasn’t come yet. Such a delicate project must be handle,d by the Pi Network’s Core Team. No one seems to be aware of such development and therefore should not be considered serious.

In the enclosed mainnet, pioneers are not allowed to exchange Pi to other fiat currencies so it can not be possible to have debit cards at this early stage.

In case you are not aware

An ATM card is a bank card used to access an ATM. Virtually everyone who has a checking account also has a card that can be used at an ATM, in the form of a debit or credit card. However, some banks also issue ATM-only cards, which can’t be directly used for making purchases.

A debit card is linked to your digital wallet account. There is no possibility of making any transaction on credit since such functionality feature is not added . All transactions and withdrawals are limited to the balance available in your account. Although this is just an opinion.

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