Pi Chain Mall Sets to Reopen Withdrawal Function

by BSCN

February 28, 2023

Pi Chain Mall will reopen the withdrawal function on March 1, allowing users to withdraw their Pi balance on the marketplace.

Withdraw Pi on Pi Chain Mall

Pi Chain Mall (PCM) has announced that the Pi withdrawal function will be reopened for users to withdraw their Pi coins on its marketplace.

The largest marketplace on Pi Network launched the withdrawal function on February 1 but halted the service temporarily to execute some updates. When the service was launched, the platform disclosed that vendors could withdraw 50 Pi daily. According to PCM's recent tweet, the same is the case when the withdrawal function is reopened on March 1.

PCM is continuously trying to keep users’ funds safe on the platform. Accordingly, the protocol will increase the 50 Pi daily withdrawal limit.

“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.

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.

In the meantime, users should prepare to withdraw their Pi balances without paying any fees on the platform. As stated earlier, the withdrawal function will reopen on March 1.

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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.