Pi Network Joins Forces With Banxa and Onramper to Supercharge Global Crypto Adoption

Pi Network just leveled up its fiat on-ramp game—partnering with payment giants Banxa and Onramper to bulldoze barriers for its 35M+ users. Here's why it matters.

Frictionless onboarding meets mobile-first mining

The collab gives Pi's grassroots miners instant access to 150+ countries via Banxa's regulatory hooks and Onramper's multi-currency rails. No more begging centralized exchanges for listings—just seamless swaps between Pi tokens and local currencies.

Timing is everything

With Pi's open mainnet launch looming, the partnerships strategically position the project to capture emerging market demand. Because nothing says 'mass adoption' like enabling Venezuelan users to trade bolivars for Pi before their hyperinflated notes become wallpaper.

The fine print? Watch those KYC pop-ups—even decentralized dreams need compliance handcuffs.

• Banxa enables direct Pi purchases and cash-outs in over 100 nations
• Onramper offers aggregated access to top fiat on-ramp providers
• New integrations improve wallet access, liquidity, and compliance

Pi Network has exhanced its ecosystem through new fiat-to-crypto partnerships with Banxa and Onramper. These integrations seek to make Pi Coin transactions easy to users in various regions. They improve the user access to Pi Coin as well as the overall utility and compliance of Pi Network.

Banxa Enables Direct Pi Purchases

Banxa enables the Pi Network users to purchase Pi Coin directly with fiat currencies via various payment options. These are bank transfers, credit and debit cards, Apple Pay and Google Pay. This eliminates the need to exchange cryptocurrencies to purchase Pi.

Moreover, Banxa facilitates off-ramping services, which allow users to sell pi coin and get fiat money in their bank accounts. This transforms Pi into actual currency. It also increases the user confidence with the increased network usability.

Banxa supports Know Your Customer (KYC) and provides wallet activation without native PI KYC. This is called the mainnet micro function, which accelerates wallet onboarding.

Banxa Acquires Pi Coins

Banxa has acquired over 30.5 million Pi Coins, reportedly valued at $19 million, to supply liquidity. This ensures easier transactions and stable prices during user trades. This enhances the network infrastructure for future commercial applications.

It offers its services in over 100 countries but there are certain restrictions based on the local laws. Users must use the Banxa platform to confirm that they are available before making transactions. However, the global reach contributes to increased adoption of the Pi Coin.

Banxa API and widgets allow Pi-based businesses and developers to incorporate fiat transaction capabilities into their apps. These tools expand the economic opportunities in the Pi Browser. The utilities also promote in-app purchases and business-oriented payment options.

Onramper Integration

Onramper offers better access to several fiat-to-crypto on-ramp providers. It is more flexible because it accepts multiple payment options and cryptocurrencies. Its services allow it to cover more regions and financial systems.

Onramper widget allows Pi users to purchase Pi Coin through fiat money and secure payment platforms. This improves onboarding of users who have no expertise in cryptocurrencies. Furthermore, it enables easier conversions between fiat and Pi.

Onramper has completed KYB verification with Pi Network, which guarantees adherence to the required standards of secure operations. This also supports the network’s objective to have a compliant and trusted ecosystem. It enhances the user experience through minimized transaction friction.

Onramper improves purchases through a user-friendly interface and real-time access to various on-ramp services. The method benefits users who require speed and convenience. It also enhances Banxa’s more feature-rich platform.

Source: Pi Network

Pi2Day Introduces New Updates on Pi Network

Pi Network also launched the AI-powered Pi App Studio and Ecosystem Directory Staking. These platforms allow non-coders to develop apps and make the businesses more visible. The update adds broader use-case support to Pi’s Mainnet economy.

Other updates comprise the Node version update, .pi Domain auction extension and a third-party on-ramp integration. These developments enhance the technical basis of the Pi Network operations. Participants can also join the Pi2Day Ecosystem Challenge to win digital prizes.