Pi withdrawal

PCM latest update (30th Jan, 2023)

  1. Real Pi withdrawal is scheduled to open later this week. The 2FA Key will be RESET for the LAST TIME (‼️Users need to save the last 2FA Key generated by the system. If lost, it cannot be retrieved).

  2. PCM wallet address used to send Pi for users: GDUPXUGENG2YCX4BVYKS3LH4N4UT7BTYPMBOS5UCVTAX2E5IZ6VYLC4L https://minepi.com/blockexplorer/account/GDUPXUGENG2YCX4BVYKS3LH4N4UT7BTYPMBOS5UCVTAX2E5IZ6VYLC4L#payments

  3. During the actual Pi withdrawal pilot period, each user is only allowed to withdraw 50 Pi per day.

  4. PCM is also developing a Merchant verification mechanism. Once done, pioneers can withdraw thousands of Pi/day.

  5. Pioneers please follow the instructions to learn about how to verify your email and use Google Authenticator to get your 2FA key. https://twitter.com/pichainmall/status/1619902822358872066?t=ev2MAXzvAFg76g6IX8cW3Q&s=19

Official PCM URL (Copy and paste on Pi browser ONLY)

https://pipcm.com FAQ When will the order payment be available for withdrawal if I am a seller?

There is a 7 days lockup for the after-sales handling period. If no one submits for after-sales service or arbitration during this period, the payment will be released to your PCM balance automatically.

Why there is still a 7 days lockup period after the completion of the order? How does the 7 days lockup period work?

Currently since there are no deposit for seller to ensure the after sales or arbitration order was properly handled by both buyer and seller. We setup the 7 days lockup period. Users can just check the balance details page for more details. Once the buyer confirms the order or auto confirmed by 14 days countdown time, the amount will be shown in his total balance page even if it was within the 7 days lockup period. However, if the order is still in shipping process, the total balance amount will not be included.

When can we expect the merchant verification procedure to be deployed on our system to enable bulk withdrawals?

Currently PCM daily withdrawal limit is 50 Pi because we are still testing for this withdrawal function. Once there is no issue for all tests, we will consider opening a slot for merchants to verify for bulk withdrawals.

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