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Showing posts with the label KYC

11 Ways to Earn Bitcoin & Make Money with Bitcoin in 2021

 11 Ways to Earn Bitcoin & Make Money with Bitcoin in 2021

Pi Network - What is KYC verification ?

 Pi Network KYC verification   KYC process within the PI network just stands for know your customer . And it's a way to comply with legal regulations to actually verify the identity of a customer or a user. Currently, you can only use the YOTI app to verify your identity. And only once you have been asked within the PI application to proceed with the KYC process. Welcome to another blog, I want to talk with you about KYC in the Pi network , what it means, why it's needed and what you need to complete it.Now, the reason why I want to talk about this is because since I joined the Pinetwork, initially, roughly two months ago in August, 2020, Ive seen a lot of people asking what is KYC and so on. And I figured Im going to make a blog about it.So everybody has the answers at hand and there is no confusion anymore.Lets start with what is KYC? KYC stands for know your customer , and its a requirement in most countries when it comes to financial instruments. So for example, whe...