The Pi withdrawal function will be reopened for customers to withdraw their Pi coins on Pi Chain Mall’s (PCM) marketplace, according to the company.
The main Pi Network marketplace began accepting withdrawals on February 1 but briefly suspended operations to carry out minor modifications. The site announced on launch day that vendors could withdraw 50 Pi per day. The same will hold true on March 1 when the withdrawal function is reopened, according to a recent tweet from PCM.
“Fund security is our top priority. The Pi withdrawal amount will be increased at a later stage accordingly. Our platform does not charge any platform fee at this stage.
Pi withdrawal function will be re-opened on Pi Chain Mall tomorrow. Each user can withdraw 50 Pi maximum per day.
Fund security is our top priority. The Pi withdrawal amount will be increased at later stage accordingly. #PiNetwork #PiChainMall @PiCoreTeam pic.twitter.com/dDkj1StEki
— PiChain International (@pichainmall) February 28, 2023
This provides incentives for users to experience the app and contribute to the Pi ecosystem through exchanging goods and services with Pi,” PCM wrote on Twitter.
Users should get ready to withdraw their Pi balances without incurring any platform fees in the interim. The withdrawal function will resume operation on March 1 as was previously indicated.
What is Pi Network?
Pi Network is a novel cryptocurrency and developer platform allowing mobile users to mine Pi coins without draining the battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (Dapps) for millions of users.
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