A few days ago, BANXA temporarily suspended PI transactions due to KYB approval. During this period, BANXA was already known to have already acquired millions of PIs at a low price, suggesting that once the regulatory approval begins, there is a plan to return.
BANXA Now KYB approval -PI can be used in more than 100 countries
Now, according to the update shared by Dr. Altcoin, BANXA officially approved KYB. This is a big development of PI networks and global communities. Through this approval, more than 100 people from 100 countries can now use cash to buy PI immediately through BANXA. This movement can also increase accessibility and adopt more PI networks.
More platforms are expected to follow. Bitmart, HTX, etc. show that KYB approval within the next 10 days and the institutional support for projects is increasing. It should be noted that only KYB approval companies can legally use and trade PIs. On the other hand, individuals who participate in the P2P (Peer-to Peer) transaction must be approved for KYC and use non-parented wallets.
Do you see $ 1 object?
Meanwhile, the price of the PI showed a decent increase. In the last 24 hours, $ PI has risen 2.5% and is currently trading about $ 0.60. This occurs after a few weeks of price pressure due to the unlocking token lock. But after mid -May, if the new unlocking speed is expected to slow down, it is easy to see the pressure to sell, and there is room for potential growth. The next main resistance is $ 0.70. The above ride can lead to $ 1, which is a level of more powerful market confidence in the future of the project.