PiChain Global Rolls Out Major PCM Wallet Update: Enhanced Features & User Experience

PiChain Global, a key player in the Pi Network ecosystem, unveiled a significant update to its PCM Wallet app on March 27, 2025. The update introduces features designed to streamline cryptocurrency transactions and enhance user experience. The announcement, shared via X, has generated excitement among the Pi Network community. This latest version of the PCM Wallet utilizes Flutter for smoother and more responsive interfaces, streamlining digital asset management for users. One notable change is the introduction of unique Pi deposit addresses through muxed accounts, allowing for improved balance management within the wallet. 200 Pi limit on daily transfers and withdrawals has been implemented to ensure stability during the initial launch; however, this cap will be raised soon based on user demand. A tutorial video in a follow-up post offers users step-by-step guidance on transferring, depositing and withdrawing Pi using the updated app. Reactions from the Pi Network community have been mixed, with some expressing enthusiasm for the new features while others raise concerns about the protocol’s KYB (Know Your Business) registration process. The update comes as a significant advancement in the PCM Wallet’s role within the Pi Network ecosystem, providing users secure and user-friendly tools to manage their digital assets. The PCM Wallet allows for global payments, offering cost-effective solutions for cross-border and local transactions. Pi Network, the broader ecosystem behind the PCM Wallet, allows users to mine Pi directly from their mobile devices. The network currently ranks as the 22nd largest cryptocurrency by trading volume and has seen over $240 million in trading activity in the last 24 hours according to CoinMarketCap. The PI/USDT pair is actively traded on more than 20 exchanges, including Gate which recorded a high of $102 million in a single day. As Pi Network continues its growth trajectory, achieving a healthy balance between innovation and community engagement will be crucial for its long-term success.