Latest Innovation On Pi Network Strengthens Its Presence In The Cryptocurrency Industry

Pi Network. (Photo; Doc. Publish0x)

Pi Network is a cryptocurrency platform that is different from others. Pi Network not only allows mobile users to mine Pi coins without burdening battery power, but also provides opportunities for users to participate in the rich and diverse Pi ecosystem.

One of the important parts of the Pi ecosystem is Pi Chain Mall (PCM), an e-commerce platform connected to Pi Network. PCM allows users to buy and sell goods and services using Pi coins as a means of payment. PCM also offers the Pi Withdrawal feature, which is the latest innovation that distinguishes PCM from other e-commerce platforms.

The Pi withdrawal feature allows traders to pull real Pi coins from their PCM accounts into their personal wallets. That way, traders can use Pi coins to make transactions in the real world, such as paying bills, sending money, or investing in the cryptocurrency market.

The Pi Withdrawal Feature has received a positive response from PCM users. Since its launch in January 2023, PCM has recorded more than 4.5 million Pi transactions by Pioneers, the name for Pi Network users. In February 2023, PCM recorded more than 360 thousand Pi withdrawals, showing a high demand for this feature.

The Pi Withdrawal Feature also has a positive impact on the development of Pi Network in DeFi (Decentralized Finance) space. DeFi is a concept where financial services can be provided decentrally using blockchain and smart contract technology. Pi Network offers a complete Web 3.0 experience where developers can build decentralized applications (dApps) for millions of users.

One example of dApps built on Pi Network is Pi Swap, a token exchange platform that allows users to exchange Pi coins for other tokens at low cost and high security. Pi Swap also provides incentives for liquidity providers by providing rewards in the form of Pi coins.

Pi Network continues to innovate to provide added value to its users. With features such as Pi, PCM, and Pi Swap withdrawals, Pi Network is increasingly showing its commitment to strengthening its position in the cryptocurrency industry and providing the best experience for Pioneers.