PiChain Global, a leading provider of the Pi Network ecosystem, has released a significant update to the PCM Wallet app on March 27, 2025. This update introduces new features designed to enhance user experience and streamline cryptocurrency transactions for the Pi Network community. The update was announced via X and is generating excitement among users.
The latest version of the PCM Wallet, built using Flutter for smooth and responsive interfaces, offers several improvements. These include the introduction of unique Pi deposit addresses through muxed accounts, empowering users to manage their balances more effectively within the wallet. A new Trading Account feature has also been introduced, allowing seamless deposits and withdrawals of Pi, while a daily transfer and withdrawal limit of 200 Pi has been implemented to ensure stability during the initial launch, with this cap expected to be lifted soon based on community demand.
A follow-up video tutorial from PiChain Global provides step-by-step guidance for utilizing the updated app’s features. The video aims to help users navigate these changes even if they are new to the platform.
The update has sparked mixed reactions among Pi Network users on X. While some express excitement about the newly introduced features, others remain skeptical regarding the protocol’s development and its KYC (Know Your Business) registration status. PiChain Global had previously applied for KYB registration to bolster the ecosystem’s security and trustworthiness.
The PCM Wallet is a non-custodial Web3 wallet designed as the gateway to PiChain Global’s ecosystem, enabling secure transactions while prioritizing user privacy. It supports global payments, offering an affordable solution for cross-border and local transactions within the Pi Network ecosystem.
Pi Network, the broader ecosystem behind PCM Wallet, ranks 22nd in cryptocurrency trading volume based on CoinMarketCap with over $240 million traded in the past 24 hours. The PI/USDT pair is actively traded on over 20 exchanges, including Gate which recorded a trading volume of $102 million in a single day.
Overall, this PCM Wallet update marks a significant step forward for PiChain Global and the Pi Network community. It offers new tools to manage digital assets more effectively as the network continues to grow. The future success of Pi Network will rely on balancing innovation with community engagement.