{"id":253385,"date":"2025-01-18T20:00:48","date_gmt":"2025-01-18T11:00:48","guid":{"rendered":"https:\/\/pinetwork.masters-all.com\/?p=253385"},"modified":"2025-01-18T20:00:48","modified_gmt":"2025-01-18T11:00:48","slug":"pi-network-wallet-guide","status":"publish","type":"post","link":"https:\/\/pinetwork.masters-all.com\/english\/pi-network-wallet-guide\/","title":{"rendered":"Pi Network: The Complete Guide to Open Mainnet Migration and Wallet Usage"},"content":{"rendered":"<p>Towards the open mainnet migration of the Pi Network scheduled for the first quarter of 2025, users need to understand the important functions of Wallet P. This article provides a detailed explanation of how to use Wallet P and manage your Pi coins.<\/p>\n<h2>What is Pi Network?<\/h2>\n<p>Pi Network is a cryptocurrency project utilizing blockchain technology, characterized by easy mining using smartphones. Preparations for the open mainnet migration are currently underway, which is expected to make Pi coins widely tradable.<\/p>\n<h2>Basic Wallet Functions<\/h2>\n<p>Wallet is the official wallet for managing and trading Pi coins. Here are the main functions:<\/p>\n<ul>\n<li><strong>Coin Transfer:<\/strong> Users who have completed KYC verification can move their unlocked Pi coins to their &#8216;Available Balance&#8217;. Transactions with other users are possible from this balance.<\/li>\n<li><strong>Transaction Function:<\/strong> You can quickly and easily send and receive payments using QR codes or wallet addresses.<\/li>\n<li><strong>Lockup Function:<\/strong> By locking up your Pi coins for a certain period, you can increase your mining rate.<\/li>\n<\/ul>\n<h3>Transactions via QR Code<\/h3>\n<p>When transacting using a QR code, click the &#8216;Scan&#8217; button in the wallet, activate the camera, and read the code. This allows for quick sending and receiving.<\/p>\n<h3>Adding Wallet Addresses<\/h3>\n<p>You can also manually add wallet addresses. This makes transactions with new contacts smoother.<\/p>\n<h2>Pi Coin Lockup and Its Effects<\/h2>\n<p>In Wallet P, you can increase your mining rate by locking up your Pi coins for a certain period. You can choose from the following lockup periods:<\/p>\n<ul>\n<li>2 Weeks<\/li>\n<li>6 Months<\/li>\n<li>1 Year<\/li>\n<li>3 Years<\/li>\n<\/ul>\n<p><strong>The longer the lockup period, the greater the increase in the mining rate.<\/strong><\/p>\n<h3>Recommended Lockup Settings<\/h3>\n<p>If you want to try trading immediately after the open network launches, a lockup period of about 1 year is recommended. This balances a moderate increase in mining rate with liquidity.<\/p>\n<h2>Summary<\/h2>\n<p>With the Pi Network&#8217;s open mainnet migration, understanding how to utilize Wallet P is extremely important. By leveraging transaction functions via QR codes and wallet addresses, and the lockup function, you can manage your Pi coins more efficiently and prepare for future value appreciation.<\/p>\n<p>Let&#8217;s continue to check for the latest information and enjoy our activities on the Pi Network!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Towards the open mainnet migration of the Pi Network scheduled for the first quarter of 2025, users need to un [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":253075,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[865,189,205,3,376],"class_list":["post-253385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pinetwork","tag-lockup-function","tag-open-mainnet","tag-pi-coins","tag-pi-network","tag-wallet-p"],"_links":{"self":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts\/253385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/comments?post=253385"}],"version-history":[{"count":0,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/posts\/253385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/media?parent=253385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/categories?post=253385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinetwork.masters-all.com\/english\/wp-json\/wp\/v2\/tags?post=253385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}