What Unverified balance in Pi Network means?

Pi Coins Unverified balance.

As Pi Network prepared to move to Mainnet, their some features released on the miners app that seem to be uncleared to some people, that is, Unverified Balance.

What it means by Unverified balance in Pi Network is that those Coins earn through Complete Security Circle and referrals are not transferable even when you pass your KYC, until the people in your security circle and mining team pass there KYC.

While the Coin earn freely by mining is available for transferring to Mainnet immediately you pass your KYC.

According to the Updates on the mining app:

Your unverified π balance can become transferable to Mainnet as people in the list below verify their identities (KYC). Review who is responsible for your bonus balance from your past mining. You can later invite them to KYC from here to increase your transferable balance

Meanwhile is are yet to mine Pi Coins, there is still time for you.

You can start now

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 25 million members worldwide. To claim your Pi, follow this link https://minepi.com/Omokoshaban and use my username (Omokoshaban) as your invitation code.

See also  Pi Network: If you Miss Mining Bitcoin, Don't Miss "Pi Network" Click here to get your referral code now: Pi Blockchain out

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